Management Trades – Dec ’15
Notable Transactions
Buy(s) THB 6.3 bn
-KCE, BA, TTCL, RS, SAM, SPALI, MAJOR, WHA, SCC, IFEC, BBL, DCORP, BLAND, JMART, TU, SOLAR, TVO, NSI, CBG, SUPER, NMG
Sell(s) THB 15.0 bn
-BEC, KCE, SAWD, COL, UNIQ, MAX, AP, SAM, JSP, MAJOR, SRICHA, ITD, BA, TMC, AAV
Note: Transactions shown are trades above THB 20 mn
Bo Stenberg
Insider Trading is a fascinating indicator.
Possibly worthwhile to bear in mind there are any number of reasons for insider selling, other than imminent receivership: messy divorce, rehab in California, gender reassignment(s), pay-offs for drunk driving kids, ad infinitum. .
There is usually a single reason for insider buying.
Pon
In the case of CP Group – it’s normally b/c they know a deal is about to happen :p
Sorry couldn’t resist myself.
Bo Stenberg
And spin the deal off onto a subsidiary to maintain, er, “central” control.
Agro-business [SIC] is all very well and good…unless of course it’s CP in which case they immediately resuscitate the MG.
Another company of nutritional origin–beer–may also be of interest. TCC.
Commodities in general may be of interest this year (or not), the Kingdom being an agricultural exporter. Again, beer comes immediately to mind, the planet is in El Niño phase again. When the media refer to “commodities,” they are being very specific: oil, 90%, gold 10%, iron ore in Oz 15% and of course the remaining 25%: copper. It is boring but a look at sugar prices of late–El Niño again. And possibly even palm oil. strange though it may seem. (During capitulation, there is no hope–always.)
Long after analysts in Shanghai have starved to death in front of their monitors, they will still be eating.