Management Trades 19/01 – 23/01
Notable Transactions
Buy(s) THB 39 mn
- N/A
Sell(s) THB 130 mn
- PRINC – A backdoor listing in 2013, the owner now sells shares after reaping 100-200% returns. Apparently the company is supposed to be doing property.
- XO – A recent listing, the MD sells off a couple % on total shares.
Xavi
Seems like the Index is now just trading on positive sentiment, I’m looking at the earnings reports and most companies are absurdly valued at these levels vs historical numbers, just look at AOT, B300+, wow….
Also, the longer NCPO waits to approve the 4G auctions, the more I doubt it is happening in 2015…
Pon
AOT – News on infrastructure fund is driving the price and will continue to.
4G auctions – with the recent government announcements, the fastest it could happen would be in 8-9 months from today.