Notable Transactions

Buy(s) – THB 639 mn

• AH – The owner has been buying the whole month
• BANPU – We still don’t like Banpu @ this value..still think its worth 20-30% less
• BGH – Odd transaction with both parties on buy/sell
• BLAND – K. Ananttttttttttttttttttttttttttt! 
• PF – Owner and management buy big stakes and have been on a PR campaign touting their sales potential
• STA – Never really was convinced that management weren’t trading the underlying commodity
• TUF – Management and owners had been selling heavily above THB 70/share, first buy seen in a while.

Sell(s) – THB 1 bn

• BGH – See above
• BTS – The owner takes profit on its warrants
• HYDRO – THB 140mn sold, says a lot about the valuation
• KBS – Worried about Sugar price this year?
• KDH – Sale related to BGH transaction
• PS – Management sells off a substantial stake