Comments on: “Trading costs on the Stock Exchange of Thailand” Authors: Charoenwong C., Ding D.K., Jenwittayaroje N. Comments on: “Risk-taking behaviour during downturn: evidence of loss-chasing and
ESSAY 2: AN EXAMINATION INTO BUY-SELL ASYMMETRY OF PRICE BEHAVIOR AROUND TRADES AND TRADING COSTS OF TRADES: EVIDENCES FROM TH 1 THE ASYMMETRY OF PRICE BEHAVIOR AROUND BUY AND SELL TRADES: NEW
expense from golf course business and amortization of lease rights from the land that the Company used to develop new head office. All of these are non-cash expenses. (2) Financial Costs Financial costs
) totaling of 2,583.4 million baht, or 11.3%, mainly due to an increase หน้า 5 ของ 5 of cash and cash equivalents, project development costs for sale and deposits for land which paid in advance for the
the end of 2017 equal to 40.3 million baht or 1.6 percent due to a higher in cash and cash equivalent, trade receivable, property development costs from property for sell and deferred tax asset
team of developing the new software. Besides, it also increased from the relocation costs during the end of the year. 73.21% 73.99% 67.82% 71.76% 10.49% 11.34% 17.82% 20.28% 13.55% 9.90% 6.78% 4.03% 2.74
future cash flow, higher financing costs, and overall state of the economy. Conclusion 14 15 Key Take away 15 Corporate managements, Shareholders ❑ Understand the impact on cashflow and liquidity
long-term loans from financial institutions (20) (71) +72% Cash paid to liabilities under finance lease agreement 5 (11) +142% Treasury shares 0 (114) +100% Finance costs paid (21) (6) -262% Dividend
% Repayment of long-term loans from financial institutions (20) (71) +72% Cash paid to liabilities under finance lease agreement 5 (11) +142% Treasury shares 0 (114) +100% Finance costs paid (21) (6) -262
- - - Finance costs paid (16) (21) +23% Dividend paid 0 (0) +100% Net Cash flows from (used in) financing activities (78) (75) -5% Exchange differences on translating financial statements (7) (7) +1% Net increase