Company Performance: AWC's revenue, profit margins, and debt levels directly influence investor confidence.

Real Estate Market: Thailand's property market conditions, occupancy rates, and rental yields impact AWC's assets.

Interest Rates: Changes in interest rates affect borrowing costs and property valuations, impacting AWC's attractiveness.

Economic Growth: Thailand's economic health and tourism sector influence demand for AWC's hospitality and retail spaces.

Investor Sentiment: Overall market optimism or pessimism can drive buying or selling pressure on AWC shares.

Industry Trends: Developments in hospitality, retail, and office sectors affect AWC's competitive positioning.

Regulatory Changes: Government policies on property development, taxes, and tourism can impact AWC's profitability.

Dividend Policy: AWC's dividend payouts can attract income-seeking investors, affecting share price.

Major Acquisitions: Significant mergers or acquisitions by AWC can boost or dilute shareholder value.

Global Events: International events, such as pandemics or economic crises, can affect tourism and investment in Thailand.