On Monday 13, the share price of North East Rubber Public Company Limited (SET: NER) at the time of 14.40 is at THB 4.78 or a 5.75% increase, with the price highest at THB 4.88 and lowest at THB 4.66, and a total trading value of THB 131 million.
ASL Securities, in the previous analysis, maintained a “Buy” recommendation at the 2025 year-end price of THB 6 per share.
The securities have a hugely positive view for NER’s 4Q24 due to sales volume, sale prices, and improving gross profit margin. Although this year, NER would still be facing challenges from a fluctuation in the global rubber market, and the risk from NER-W2 change.
