equity funds find it challenging to outperform the market total return benchmarks. Delisting/merging is very rare. Periods Large & Mid/Small-Cap Equity Funds Large-cap Equity Funds No. of Survival Funds
to the specific recommendations or views expressed in this report. As of December 10, 2012 Analysts’ stock rating are defined as follows: Outperform (O) : The stock’s total return is expected to
market was strong as the sugar season was prolonged and infrastructure projects supported our key markets of steel and construction. The Thai economy continues to outperform expectations and while we
sector the Thai economy continues to outperform with Q2 growth at 4.6% slightly below Q1 but remaining strong. Private consumption growth was robust in July and August, supported by higher consumer
the smaller capitalization stocks on average outperform larger capitalization stocks over long periods of time • Fenghua W. and Yexiao X. (2004) studies on the three-factor model to A-shares in the
) business continues to outperform helping this segment deliver healthy an overall EBITDA of $26 million during its shortened quarter. Our Specialty Chemical segment had its weakest quarterly performance due
continued to outperform Core EPS of THB 3.86, delivering earnings growth for the 18th consecutive quarter Operating Cash Flow of $923 million, helps strengthen balance sheet and fund future growth
of mobile phones. VGI continues to outperform the overall market posting significant revenue growth of 36.5% to THB 852mn, driven by the robust performance our OOH and Digital Services businesses
from sales of OEM products (-31.5% YoY) especially OEM bottle sales (-33.7% YoY) which dropped from major maintenance of a furnace in Ayutthaya. Meanwhile, sales from C-Vitt has continued to outperform
that are able to adapt themselves are more likely to survive and outperform their counterparts. In anticipation of such developments, VGI was the first company in the market to seize the opportunity to