NRF Gains Nearly 5% on Upcoming Investment Plans in Hemp Productions
NRF gained nearly 5% in the morning session on upcoming hemp investment. The analyst gave a caution for investors as the P/E went over 100x.
NRF gained nearly 5% in the morning session on upcoming hemp investment. The analyst gave a caution for investors as the P/E went over 100x.
4 มิ.ย. 2564

The share price of NR Instant Produce Public Company Limited (NRF) rose ฿0.50/share or 4.76% to ฿11.00/share with a trading value of 598 million baht at the closing in the morning session on June 4, 2021.
 
Capital Nomura Securities (CNS) stated that in the FTSE rebalance, JR, NEX, NRF, RT, SA and SO will be added in FTSE Micro Cap.
 
Meanwhile, KTBST Securities (KTBST) stated that the rising share price might be due to the company’s plan to join hands with a partner in the U.S. and others to invest in a complete production cycle of hemp.
However, KTBST cautioned investors to plan their investment carefully as the plan for investments needed to be completed and recognized in the revenue. Currently, NRF is trading at a P/E over 100x.