”, “believe”, “expect”, “aim”, “intend”, “will”, “may”, “anticipate”, “would”, “plan”, “could”, “should, “predict”, “project”, “estimate”, “foresee”, “forecast”, “seek” or similar words or expressions are

the future prediction that is believed to be reasonable in the present situation and compared to the carrying amount of assets related to the licenses. In addition, the Group has adjusted and restated

specific business of MODERN while attending the Board of Executive Directors meeting. Such inside information supported the prediction that the net profit of the second quarter of 2016 would drop

the information on the operating results of a specific business of MODERN while attending the Board of Executive Directors meeting. Such inside information supported the prediction that the net profit

assessment or prediction of loss at a significant amount in the operating results for the year 2017. Based on the inside information, Woraphant sold 1,121,000 of his STEC shares in the securities trading

.   Regarding the next 15-year perspective, the Secretary-General said: “It is difficult to make a clear-cut prediction while the digital asset industry is in constant, dynamic change. Nevertheless, the SEC is

arise and consequently damage the trading confidence and investors themselves.    Regarding the next 15-year perspective, the Secretary-General said: “It is difficult to make a clear-cut prediction while

be clearly specified, members’ savings sufficiency must be notified through post-retirement savings forecast, and standards of regulations and PVD registration must be specified, to reduce private

regard, the SEC urges investors to be cautious in making use of news coverage on securities offering or fund establishment and listed companies? profit forecast, if it has not approved by the SEC or not

Mostowfi, 2021) 5 Background(Cont.) •Moving average •Suitable for risks and returns(Skintzi and Xanthopoulossisinis, 2007; Metghalchi et al., 2021) •Price prediction(Khorram and Sheshmani, 2015;Ren et al