asymmetry – Predominantly permanent (temporary) price increases (decreases) for buyer (seller) initiated block trades (Holthausen et al 1987, 1990; Keim and Madhavan 1996; Kraus and Stoll 1972) – Buys are
, Data as of 30 October 2015 The Real Test is Whether Investors Succeed 4 gTotal Return /Time-weighted calculation /Assumes investor buys and holds for entire period with no additional investments (simply
proposition that buy trades are more informative than sell trades. However, for very large trades, it appears that, regardless of market conditions, the permanent price impact of buys is always larger than the
cylinders of PICNI and SCT Vietnam Gas Co., Ltd., and audit on the past record of purchases of small-sized gas cylinders determined by the Revenue Department as fictitious purchases. The SEC therefore
consumers have slowed purchases and prices have risen. Market conditions are highly competitive. Therefore, the cost of sales increased . Profitability has decreased . Yours Sincerely, f~~' Ms. Piyanan
concerning the issuance of bills of exchanges, the related receipt and payment transactions, the accounting records practice, and the questionable transactions of land sales and purchases. The company was also
and purchases were in line with the normal course of business operation. Concurrently, the SEC instructed the company to amend the annual financial statements for the year 2015 and the interim financial
statements. Therefore, the auditor was unable to express his opinion on the aforementioned financial statements. Such information includes cash account, purchases and sales transactions in cash, executive
company’s management prevented the auditor from obtaining sufficient information and audit evidence necessary for reviewing the financial statements. Such information included cash account, purchases and
general trading. Other receivables 13,066 79,964,550 Receivables of the above-mentioned revenues and lease payment. Training expenses - 1,146 Training fees and other expenses. Purchases of goods - 34,983