A String of Earnings Increases, Future Earnings Uncertainty, and Firm Fundamentals* Sarayut Rueangsuwan † Kasetsart University, Thailand August 2015 Abstract Prior literature on meeting or beating earnings benchmarks extensively documents that market rewards firms reporting a string of consecutively earnings increases. To date, it is still unclear what an earnings string really means. This paper empirically provides rational explanations for this phenomenon by investigating whether the increment...
borrowing Baht 89.42 million in order to settle loans form its former director. The Company assessed the fair values of identifiable assets acquired and liabilities assume at the acquisition date in the
debt settlement. For some debtors were overdue with their term payment, the Company set the net unrealized values at 0.26 million baht. The Company recorded the allowance for doubtful account for only
appraised market values are between Baht 184.84-189.24 million. Asset Item 2) The consideration is based on the book value as of June 30, 2017. Value of Total Assets to be sold : Baht 191.50 million
re-measurement of the remaining investment at fair values since Q2 2017. Pace Development Corporation Public Company Limited 87/2 CRC Tower All Seasons Place, 45th Floor, Unit 3, Wireless Road, Lumpini
venture of the Apollo’s deal and realized gain from the re-measurement of the remaining investment at fair values since Q2 2017. Appropriateness of the Funding Structure At the end of the year 2016, the
year of 2018 and have no any problem for getting a debt settlement. For some debtors were overdue with their term payment, the Company set the net unrealized values at 0.15 million baht. The Company
Limited borrowing Baht 89.42 million in order to settle loans form its former director. The Company assessed the fair values of identifiable assets acquired and liabilities assume at the acquisition date in
values of Baht 788.66 million and the backlog of Baht 321.64 million which expected to be completed in 2019. There was no service project at the end of year because of completion and deliver. There is no