Bloomberg Anywhere Login


Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.


Financial Products

Enterprise Products


Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000


Industry Products

Media Services

Follow Us

Ticon Falls to 16-Month Low After Citigroup Downgrades Rating

Oct. 12 (Bloomberg) -- Ticon Industrial Connection Pcl, a Thai factory developer, slumped to a 16-month low in Bangkok trading after Citigroup Inc. downgraded the stock’s rating to “sell” from “buy” because of flooding.

The shares dropped 3 percent to 9.60 baht as of 10:12 a.m. local time, heading for the lowest close since June 11, 2010. Citigroup also cut the share-price estimate to 8.70 baht from 12.80 baht, it said in a report dated yesterday.

Link to Company News:{TICON TB <Equity> CN <GO>}

To contact the reporter on this story: Anuchit Nguyen in Bangkok at

To contact the editor responsible for this story: Tony Jordan at

Please upgrade your Browser

Your browser is out-of-date. Please download one of these excellent browsers:

Chrome, Firefox, Safari, Opera or Internet Explorer.