Notable Transactions

Buy(s) THB 122 mn

• AUCT – The owner buys a whopping THB 60 mn, now we’ve been contemplating if we should chase this, but with a THB 7 bn mkt cap, earnings ~thb 200 mn, even if they do double profits in the next 2 years (thb 400mn) then it is still trading at just under 20x earnings – I don’t see it..

Sell(s) THB 175 mn

• EARTH – Similar to last week, the odd insider shenanigans continue
• STAR – Are poor toilet sales leading to management selling shares?