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

/Total Return vs Investor Return g Introduce the Investor Return /How much investors lose chasing returns / Investors often suffer from poor timing (buy high, sell low) gKey Take-Away Source: Morningstar

. • Consider investments in which the features, fees and risks can be explained by the individual. • Set investment objectives for each investment. • Reassess the individual’s risk tolerance level when factors

prices of the related party transactions to market prices, nor explained whether or not the price differences were reasonable. The SEC thus instructed TIES to rectify the financial statements according to

Baht 3,123 million, decreased by Baht 340 million or 9.8% from Q2’2017 that was explained as follows, Beverages business The beverage sales for Q2’2018 was Baht 1,516 million, decreased by Baht 353

transactions to market prices, nor explained whether or not the price differences were reasonable. Later, TIES requested for postponement of submitting the rectified and audited 2014 financial statements, due on

company for Q3’2018 was Baht 3,345 million, slightly decreased by Baht 121 million or 3.5% from Q3’2017 which is explained as follows, Beverages business The beverage sales for Q3’2018 was Baht 1,715

explained in 3.3. For the area of business operation after the subsidiary has disposed assets to pay debts to creditor (the purchaser) in accordance with the compromise agreement as explained in 3.4, the

the creditor (the purchaser), the subsidiary will subrogate the right from the existing debenture creditors, as explained in 3.3 onward. For the machines in business operation after the subsidiary has

remain in terms of implementation. The key is how to get companies to buy in to good corporate governance practices. It was pointed out that companies should comply not only with the letter of the law, but