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

, comprising banks, securities companies and asset management companies, could obtain CAC certifications, it will certainly be a strong signal that anti-corruption practices are very important issue to be

for doubtful receivables, effective tax rate, order backlog, labor force, LIFO earnings, and audit qualification. 6/29/2015 23 Empirical Test – Q2 • Each fundamental signal is binary variable. I assign

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

million baht or 100 percent because of the third quarter of 2020 can recognize revenue from solar panel installation business in the signal tower which is a new business. 1.6 Other income amounted to 2.90

80,000 villages. These agents are now in operation; thus, resulting in an increase in subscribers, the ADSL subscribers’ turning to using the VDSL service, much better quality of signal transmission and

the export sector. Make signal of business better. The company received orders for 17 hydraulic press machineries, resulting in outstanding backlog up to 222 million Baht. However, during the third

and auditors play a crucial role in giving investors a rise to signal irregularity in a company through its financial statements. In particular for sizable listed companies and securities companies

supervise and review work of senior and junior level. On the other hand, should these ratios significantly decrease while the firm hold the same or even higher number of engagements, it may be the signal

installation of telecommunication network and signal equipment. Related technology business In 2018, the Group generates revenue of Baht 1,858 million from related technology business, which is increased by Baht