returns by taking on more market risk deliver less risk- adjusted returns on average. This result echoes the stock-level finding by Saengchote (2017) that Thai stocks with high betas tend to have low alphas
and constraints to clean growth • Pursuing opportunities for greater climate ambition http://www.ukpact.co.uk/ For more information, visit www.ukpact.co.uk Shaping High-Quality Environmental Disclosure
quantify; regulation likely to be announced High visibility of cash flows; quantifiable Some visibility of cash flows; draft regulations floated IMPACT ON DISCOUNT RATE IMPACT ON CASH FLOWS Feedback quality
earnings strings. 9 Theoretically, sufficiently high earnings persistence drives a string of earnings in the absence of a strong time trend in earnings. This, therefore, may be the case that the reward to
account, bond dealing, private repos and other investments. The Company’s DW business was significantly impacted by the extreme volatility of the Thai stock market during March 2020. The Company is a market
worth $25? Who drained $600 million from FTX? November 20 & 21, 2022 Some fundamental problems • Hidden assets and liabilities • Conflicts of interest • Extreme leverage, often secured by risky assets
volume among retail investors, 2. The imbalances are more prevalent among lower-priced stocks (below 50 Baht), 3. TO and MO imbalances tend to have opposite signs for retail investors at threshold prices
mobile industry has remained competitive as low-priced unlimited prepaid plans continue to dilute ARPU. Overall, pricing environment in prepaid market segment remained challenging to improve ARPU as
% YoY, and 12% QoQ resulted from a lower sale volume of high-priced devices. The profit margin from selling SIM and device stood around -4.2% in 3Q19, similar to previous quarter. Cost & Expense Cost of