“Animal Spirits” or “Irrational Exuberance” and through all prior knowledge and experience of asset pricing out the window in favor of “This time it’s different” valuation models. This paper advances an
Unicorn Enterprise Company Limited ( “UE” ) , a subsidiary in which BTS Group Holdings Public Company Limited (“BTSG”) holds 100 percent of its total shares where UE engages in business through holding
largely to healthier growth of exports and tourism, especially in the first half of the year. Meanwhile, the government continued to implement measures to promote and strengthen the domestic economy through
transfer of the entire business of UE, i. e. all of its assets and debts, on the entire business transfer date. UE engages in the property business through the holding of shares in other companies (Holding
specialization, type of products, customer market, target customer, and distribution of the Company are different than that of the Target. 2. The Company expects that the Transaction, through cooperation and
, type of products, customer market, target customer, and distribution of the Company are different than that of the Target. 2. The Company expects that the Transaction, through cooperation and economies
92 million Baht. See more details in 4.1 and 4.2 as below; 4.1 The Analysis of the Operating Results in Power Generation business Profit (loss) before FX, deferred income tax, impairment and impact of
4th quarter in any year would see large amounts of expenses disbursed. 5. Losses from crude and finished product hedging contract of THB 73 million due to oil price fluctuations in this quarter. 6. Gain
purchase of 74 billboards, investment in 21 LED screens, investment in COMASS and dividend payment. The decrease was offset by the increase in 1) trade and other receivables of THB 69 million (see Trade and