Management Trades – 24.12.12 to 28.12.12

Notable transactions:

Buy(s)

  • ERW – Major shareholders and directors bought an additional sizable stake in this, we’ve liked ERW for years, doing their own property fund is a similar story to TICON and CPN
  • SAUCE – Big buy from one of the directors/family members, the company has been growing nicely for the past few years.

Sell(s)

  • AP – Director decides to offload some shares
  • EE – The recent change in ownership may be behind this
  • SPCG –  THB 81 mn sold off by a director, I would too when I see a company with 800 mn 9M12 revenue trading @ a THB 10 bn mkt cap.

120102 weekmgmttrades

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