April 18, 2022 “Red flags” – how useful? • Very rapid growth • Charismatic founder with carefully managed image • Cultivation of politicians • Promises of philanthropy • Complexity • Friends and family in

2016 2017 DW Trading Value (Mil. THB) Index DW Trading Value (Mil. THB) Recall: Option price consists of 2 components. Intrinsic value + Time (betting) value 5 Factor Calls Puts Note Asset price (S

and David Dodd in 1934 • Finding price-intrinsic value discrepancies in the market • Various price-based ratios and future stock returns ⋄ Earnings-to-price ratio (Basu, 1977) ⋄ Dividend-to-price ratio

baht or 121.70% y-o-y. The reason for such changes was due to the slight economic growth continuously to the second quarter of this year. Rainfalls during the period were sufficient for cultivation

held a special promotion in order to boost sales during the preparation of soil cultivation period. 2. Cost of sales of goods and Expenses 2.1. Cost of sales of goods for the 3 month-period ended March

Frontiers ESG Cultivation, Social Empowerment Business Scalability, Operational Excellence 11 Thai listed companies have been awarded in Gold Class, the world’s highest ranking by number in sustainability

intrinsic value of the assets and business based on historical and potential earnings and cash flow of the business. It has been valued by a range of valuation methods including relative valuation as

plough’ since early of this year, our main customer held a special promotion in order to boost sales during the preparation of soil cultivation period. K. W. METAL WORK PUBLIC COMPANY LIMITED Head office

early of this year, our main customer held a special promotion in order to boost sales during the preparation of soil cultivation period. K. W. METAL WORK PUBLIC COMPANY LIMITED Head office 259/83

(e.g. crop cultivation and planted trees) Agriculture Criteria Climate Bonds Standard 2021 PAGE 1 Scope AGRICULTURE CRITERIA Climate Bonds Standard 4. Agricultural outputs (e.g. grains, vegetables, fibre