. Fama and French, 1993) Motivation Explaining Value Data Results Conclusions Conclusions • “Price is what you pay, value is what you get” – Warren E. Buffett • “Margin of safety” – The Intelligent

Checklist for Registration Statement for an offer for sale of units of foreign collective investment scheme Form 69 – CIS material update [ ] 1. The Update Statements [ ] Any documents relevant to

herewith explanation and analysis of the Management as follows. 1. Income, gross profit, net profit Unit : Million Baht 1. Income 2018 2017 2016 Increase (decrease) 2018-2017 1.1 Construction material 233.01

herewith explanation and analysis of the Management as follows. 1. Income, gross profit, net profit Unit : Million Baht 1. Income 2017 2016 2015 Increase (decrease) 2017-2016 1.1 Construction material 207.44

rubber, which is the main raw material cost for production. The Company's profitability in the second quarter of 2017 decreased from the same period of previous year, the return on total assets (ROA

same period of the previous year by 4.79 million Baht and 9.77 million Baht respectively, due to the high price of natural rubber, which is the main raw material cost for production. The Company's

increase due to the fluctuation of raw material price that remain high during our financial year. The direction of raw material price started to decline at the end of financial year and expects to benefit

economy that led to; 1. Increase in Company’s revenue around 282.66 million baht or 5.30% comparing to last year due to the growth of automobile’s and motorcycle’s production. 2. Increase in raw material

export sales volume was dropped including the reduction of selling price. The fluctuation of raw material price and keen competition of selling price affected to the domestic sales whereas the appreciation

supervisor. Clause 3 The commitment shall contain at least a particular describing the material information as follows: (1) name of the mutual fund scheme; (2) details of the mutual fund scheme containing the