consolidated financial statements, of Baht 3,058 million, a decrease of 6 percent compared to 2016, mainly due to a decrease in Brokerage fees income and gains and returns on financial instruments. The details
found trading causes negative returns, yet investors continue to enter these bets. Excess trading is not the result of the same investors placing more trades, but new traders entering markets and
quarter of 2017, company has been investing in equity securities which gains on revaluation of its investments at fair value at ฿ 79 million. However, the Company will continue to adhere security policy to
. 1.4 Gains and returns on financial instruments The Company’s gains and returns on financial instruments in 2018 was Baht 1,738 million, an increase of 31% from the previous year, due to an improved
on an ongoing basis. 1.4 Gains and returns on financial instruments The Company’s gains and returns on financial instruments in 2019 was Baht 1,706 million, similar to the previous year which were Baht
/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
percent compared to the third quarter of the previous year, mainly from a decrease in interest income on margin loans. 1.4 Gains and return on financial instruments The Company’s gains and return on
clarify the main reasons for the change in profits as follows: The second quarter of 2017/2016 1. The Company’s gains and returns on financial instruments decreased from Baht 367 million in 2Q2016 to Baht
, registering a growth of 45% QoQ and 21% YoY), positive contract adjustments and inventory gains Our company-wide cost and business transformation, Project Olympus, yielded US$67M during the quarter, on track
months Framing bias Redemption options become expected returns Loss aversion …Psychologically, losses are felt roughly twice as much as gains of the same magnitude. As a result, consumers underweigh