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.