Monthly Market Risk Update: April 2024 [SlideShare]
Morning call
1. MORNING CALL ACTION NOTES
By Globlex Research Department October 21, 2011
MARKET SUMMARY- Oct 20, 2011 Market View : ก กก
CLOSE 909.10 VOLUME Bt21,711.19bn Technical : 896 / 885 : F 914 / 925
CHANGE -29.09 P/E 11.01 F : LH 5.00/4.84 : F 5.40/5.65
% CHG. -3.10% P/BV 1.70
F F : MAKRO PTTGC KTB BBL
F F SET 909.10
29.09 (-3.10%) Fก F ก 21,711.19 F
ก F ก 125.65 F
F F .ก ก SET
F ก ก ก F EU 23
.. SET50 676 F F
F 660 GFV11 ก ก ก 23,780 24,000 GFZ11 ก ก
ก 23,760 24,300 SVV11 ก ก ก 935-970 SVZ11 ก
ก ก 955-980
ก F ก ก ก กก F
ก F F F F ก ก ก 3Q54 ก ก F
WORLD INDICES F ก กF ก F ก F กF F F
Last Change %Change F กก LVT DTAC
DJIA 11,541.78 37.16 0.32% ก
S&P500 1,215.39 5.51 0.46% F
NASDAQ 2,598.62 -5.42 -0.21%
FTSE 5,384.68 -65.81 -1.21% LH ( 5.25 8) F F F
DAX 5,766.48 -147.05 -2.49% 6-7% F ก ก F
NIKKEI 8,682.15 -90.39 -1.03% F กก F ก
H. SENG 17,983.10 -326.12 -1.78% F F
FTSTI 2,694.01 -26.20 -0.96%
COMMODITIES MAKRO ( 203 Consensus 260) ก F
NYMEX 85.3 -0.81 -0.94% F ก F ก F F F F ก
BRENT 109.76 1.37 1.26% F F F ก F F ก
GOLD 1,618.60 -22.70 -1.40% PTTGC ( N.A. 54:74 ) PTTGC F ก
CURRENCIES F ก (Ceiling and Floor) F F
BT / $ 31.01 0.24 0.78% F AA-(tha) F F
$ / EURO 1.3775 0.0021 0.15%
YEN / $ 76.82 -0.01 -0.01% KTB ( 13.60 26.20) ก 3Q54 5,492 F
Transaction by Investor Group in SET 10%YoY ก F 4% ก ก F F BBL
Investor Type 20-10-11 MTD YTD ( 133 215) ก ก F
Local Institutions -2,366.66 -334.07 -28,872.70 7,551 F 22%YoY กF F 6%
Proprietary Trading -85.17 -699.58 -3,776.59
Foreign -125.65 16,631.72 -18,720.47
Retail 2,577.48 -15,598.05 51,369.06
The opinions and information presented in this report are those of the Globlex Securities Co. Ltd. Research Department. No representation or
warranty in any form regarding the accuracy, completeness, correctness or fairness of opinions and information of this report is offered by
Globlex Securities Co. Ltd. Globlex Securities Co. Ltd. Accepts no liability whatsoever for any loss arising from the use of this report or its
contents. This report (in whole or in part) may not be reproduced or published without the express permission of Globlex Securities Co. Ltd.
2. Globlex Securities Co. Ltd. 10/21/2011
ก
+ F ก F ก - ก F GDP 2555 ก 1% ก 1.8%
F 6,000 F 403,000 ก 409,000 ก F ก F ก F FF ก
Fก F F F กF F 400,000 ก F GDP 54 2.9% ก
+ ก ก. . 0.2% F F F F กF ก F
ก F 5
+ ก F ก ก. . 5 - F F ก ก ก F EU
กก F F F 23 . .
กก FF F ก FF - F F( ) ก FF ก
F F F F ก ก F F 50 F
+ ก Fก ก F F F F ก
F Fก ก ก F F F F ก
Fก ก กF
+ F กF F ก ก F 3Q54
F ก ก 3Q53
ก F ก 2Q54 F F F ก
ก F ก
ก
F
F
28 . . . GDP 54 55 21 . . - - F F ก
ก ก ก
23 . . F EU ก
ก ก ก F ก F ก ก ก ก ก
ก ก ก ก (EFSF)
ก F EU 2 26 . . F
ก ก กF ก F
27 . . ก ก ก GDP 3Q54 1
- ก F ก
ก
3-4 . . -ก F ก F G-20
ก F ก F Cash Balance
*INOX F 3 . .54- 21 . .54
*KAMART F 3 . .54- 21 . .54
*LL F 17 . .54- 4 . .54
*** กก ก F ก F ก ก ก F ก F กF ก
F
F F 37.16 NYMEX 81 F
The opinions and information presented in this report are those of the Globlex Securities Co. Ltd. Research Department. No representation
or warranty in any form regarding the accuracy, completeness, correctness or fairness of opinions and information of this report is offered
by Globlex Securities Co. Ltd. Globlex Securities Co. Ltd. accepts no liability whatsoever for any loss arising from the use of this report or
its contents. This report (in whole or in part) may not be reproduced or published without the express permission of Globlex Securities Co.
Ltd.
3. Globlex Securities Co. Ltd. 10/21/2011
F 37.16 ก F F F F NYMEX F .. 81 F
ก ก F ก กก F . .กF
ก ก กF ก ก F ก F F ก ก F ก
ก ก F ก ก ก ก F ก ก ก ก ก ก
กก ก Fก ก F F F F
.. F ก ก F F Fก ก F
6,000 F ก ก F F F NYMEX F .. 81
ก ก ก กF ก F 0.94% 85.30 F/ F F F
F ( ) F F F F Fก F .. 1.37 F 1.26%
F 37.16 0.32% 11,541.78 S&P 109.76 F/ F
500 ก 5.51 0.46% 1,215.39 Nasdaq
5.42 0.21% 2,598.62
F ก F
ก F กF F F F ก ก ก ก
Fก 8,700 8,500 F ก กF ก ( )
ก กก F F F ก 23 . . F " ก F " กF ก F
ก กF ก ก 18,300 18,000
Analyst 02-6725993 tawatchai@globlex.co.th
02-6725937 wilasinee@globlex.co.th
F 02-6725946 artit@globlex.co.th
Dividend Table
Payment Dividend
Symbol X-Date Operation Period Unit Type Market / Industry / Sector
Date (per share)
LANNA 27/10/2011 16/11/2011 01/01/2011 - 30/06/2011 0.8 Baht Cash SET /RESOURC /ENERG
VTE 3/11/2011 18/11/2011 01/07/2010 - 30/06/2011 0.06 Baht Cash mai /-/MIDSIZE
SIAM 4/11/2011 25/11/2011 01/07/2010 - 30/06/2011 0.16 Baht Cash SET /CONSUMP /HOME
TNH 25/11/2011 16/12/2011 01/08/2010 - 31/07/2011 0.48 Baht Cash mai /-/MIDSIZE
CITY 9/12/2011 - 01/08/2010 - 31/07/2011 0.1 Baht Cash SET /INDUS /STEEL
SET NOTICE CALENDAR
21/10/2011
L&E ลูกหุนเขา
2,740 หุน
1/11/2011
EVER XR 1:1
Notes: PD = Payment Date SD = Subscript Date XR = Rights for Common XT = Rights for Transferable Subscription Right
XN = Capital Return XW = Rights for Warrant XM = Excluding Meetings
The opinions and information presented in this report are those of the Globlex Securities Co. Ltd. Research Department. No representation
or warranty in any form regarding the accuracy, completeness, correctness or fairness of opinions and information of this report is offered
by Globlex Securities Co. Ltd. Globlex Securities Co. Ltd. accepts no liability whatsoever for any loss arising from the use of this report or
its contents. This report (in whole or in part) may not be reproduced or published without the express permission of Globlex Securities Co.
Ltd.
4. Globlex Securities Co. Ltd. 10/21/2011
Derivative Warrant Table 21 October 2011
Price by Black Time to
Type DW Stock maturity Gearing Exercise Expire Last DW Implied Cumulative Volume/
DW Scholes Status Premium Exercise Raito
of Option Price Price Ratio(x) Price Date Trading Day Issued(mn) Volatility Outstanding Units
Model y. m. d.
ADVA01CA Call 1.68 125.50 1.59 Out of the Money 0 4 5 3.74 2.47% 95.00 1 : 20@95 24 Feb 12 17 Feb 12 14.0 51.59% 48.10%
ADVA01PA Put 0.88 125.50 0.76 Out of the Money 0 4 5 7.13 10.44% 130.00 1 : 20@130 24 Feb 12 17 Feb 12 16.0 53.62% 14.68%
ADVA08CA Call 1.29 125.50 0.99 Out of the Money 0 6 19 3.89 7.77% 103.00 1 : 25@103 9 May 12 30 Apr 12 17.1 59.29% 0.24%
ADVA13CC Call 2.06 125.50 2.04 Out of the Money 0 2 7 3.16 0.81% 86.79 1 : 19.29@86.79 27 Dec 11 20 Dec 11 22.8 65.96% 2.29%
ADVA13PA Put 0.61 125.50 0.29 Out of the Money 0 2 11 8.23 16.53% 120.00 1 : 25@120 31 Dec 11 26 Dec 11 24.8 83.16% 11.22%
ADVA42CA Call 4.62 125.50 4.52 Out of the Money 0 0 12 2.82 0.81% 81.97 1 : 9.64@81.97 1 Nov 11 25 Oct 11 19.0 0.00% 0.64%
AOT01CA Call 0.41 37.50 0.17 Out of the Money 0 4 5 9.15 12.27% 38.00 1 : 10@38 24 Feb 12 17 Feb 12 34.0 54.88% 65.83%
AOT01PA Put 0.93 37.50 0.80 Out of the Money 0 4 5 4.03 7.47% 44.00 1 : 10@44 24 Feb 12 17 Feb 12 20.0 57.66% 9.33%
AOT13CA Call 0.17 37.50 0.02 Out of the Money 0 2 9 11.03 15.73% 40.00 1 : 20@40 29 Dec 11 22 Dec 11 29.5 70.07% 23.23%
AOT13CB Call 0.24 37.50 0.01 Out of the Money 0 5 9 7.81 32.80% 45.00 1 : 20@45 29 Mar 12 22 Mar 12 28.9 77.31% 0.86%
AOT42CA Call 0.48 37.50 0.38 Out of the Money 0 2 3 7.81 3.47% 34.00 1 : 10@34 23 Dec 11 16 Dec 11 80.0 70.34% 4.33%
BANP01CA Call 0.14 578.00 0.19 Out of the Money 0 2 11 41.89 18.34% 670.22 1 : 98.56@670.22 31 Dec 11 30 Dec 11 72.0 47.28% 120.20%
BANP01PA Put 2.32 578.00 2.31 In the Money 0 2 11 2.53 -0.27% 808.21 1 : 98.56@808.21 31 Dec 11 26 Dec 11 18.0 0.00% 143.33%
BANP06CB Call 0.39 578.00 0.33 Out of the Money 0 3 29 15.04 22.60% 670.22 1 : 98.52@670.22 18 Feb 12 13 Feb 12 50.0 55.58% 1.97%
BANP08CA Call 1.30 578.00 1.19 Out of the Money 0 1 13 8.89 4.67% 540.00 1 : 50@540 3 Dec 11 28 Nov 11 10.0 67.54% 11.45%
BANP18CA Call 0.60 578.00 0.49 Out of the Money 0 1 17 9.63 7.27% 560.00 1 : 100@560 7 Dec 11 29 Nov 11 25.0 71.20% 2.62%
BANP13CE Call 1.14 578.00 0.72 Out of the Money 0 5 14 5.15 21.74% 591.37 1 : 98.52@591.37 3 Apr 12 27 Mar 12 17.8 77.90% 7.03%
BANP13PA Put 0.84 578.00 0.57 Out of the Money 0 2 11 6.88 10.73% 600.00 1 : 100@600 31 Dec 11 26 Dec 11 24.1 71.61% 18.14%
BANP42CC Call 0.17 578.00 0.06 Out of the Money 0 1 6 34.00 20.59% 680.00 1 : 100@680 26 Nov 11 21 Nov 11 23.0 70.64% 2.14%
BAY01CA Call 0.15 19.30 0.18 Out of the Money 0 2 11 16.08 20.21% 22.00 1 : 8@22 31 Dec 11 30 Dec 11 25.0 84.74% 65.18%
BAY01PA Put 1.86 19.30 1.82 Out of the Money 0 2 11 1.30 0.93% 34.00 1 : 8@34 31 Dec 11 26 Dec 11 20.0 0.00% 62.30%
BAY08CB Call 0.12 19.30 0.29 Out of the Money 0 3 28 32.17 32.64% 25.00 1 : 5@25 17 Feb 12 10 Feb 12 16.0 57.33% 25.53%
BAY13CC Call 0.57 19.30 0.57 Out of the Money 0 6 22 4.23 19.48% 18.50 1 : 8@18.5 12 May 12 4 May 12 29.8 98.57% 0.04%
BAY42CB Call 0.05 19.30 0.07 Out of the Money 0 2 3 38.60 32.12% 25.00 1 : 10@25 23 Dec 11 16 Dec 12 30.0 83.01% 19.48%
BBL06CA Call 0.20 133.00 0.13 Out of the Money 0 1 11 33.68 14.32% 148.10 1 : 19.75@148.1 1 Dec 11 30 Nov 11 45.0 69.38% 17.04%
BBL06PA Put 2.08 133.00 1.99 Out of the Money 0 1 11 3.24 0.97% 172.78 1 : 19.75@172.78 1 Dec 11 30 Nov 11 15.0 0.00% 18.28%
BBL13CB Call 0.45 133.00 0.23 Out of the Money 0 6 15 5.99 28.05% 148.10 1 : 49.36@148.1 5 May 12 27 Apr 12 27.8 80.49% 5.67%
BBL13PA Put 1.04 133.00 0.76 Out of the Money 0 6 15 2.59 12.40% 167.84 1 : 49.36@167.84 5 May 12 27 Apr 12 27.3 64.28% 14.93%
BBL18CA Call 0.32 133.00 0.28 Out of the Money 0 6 11 8.31 17.29% 140.00 1 : 50@140 1 May 12 24 Apr 12 20.0 57.96% 40.22%
BCP01CA Call 0.36 16.40 0.26 Out of the Money 0 3 8 11.39 15.49% 17.50 1 : 4@17.5 27 Jan 12 20 Jan 12 40.0 64.04% 88.81%
The opinions and information presented in this report are those of the Globlex Securities Co. Ltd. Research Department. No representation or warranty in any form regarding the accuracy, completeness,
correctness or fairness of opinions and information of this report is offered by Globlex Securities Co. Ltd. Globlex Securities Co. Ltd. Accepts no liability whatsoever for any loss arising from the use of this report
or its contents. This report (in whole or in part) may not be reproduced or published without the express permission of Globlex Securities Co. Ltd.
5. Globlex Securities Co. Ltd. 10/21/2011
Derivative Warrant Table 21 October 2011
Price by Black Time to
Type DW Stock maturity Gearing Exercise Expire Last DW Implied Cumulative Volume/
DW Scholes Status Premium Exercise Raito
of Option Price Price Ratio(x) Price Date Trading Day Issued(mn) Volatility Outstanding Units
Model y. m. d.
BCP01PA Put 1.44 16.40 1.39 Out of the Money 0 3 8 2.85 0.98% 22.00 1 : 4@22 27 Jan 12 20 Jan 12 19.5 0.00% 161.96%
BCP13CA Call 0.31 16.40 0.07 Out of the Money 0 2 9 10.90 27.59% 19.42 1 : 4.86@19.42 29 Dec 11 22 Dec 11 29.2 88.78% 0.00%
BCP18CA Call 0.18 16.40 0.09 Out of the Money 0 1 24 22.78 17.20% 18.50 1 : 4@18.5 14 Dec 11 13 Dec 11 25.0 65.95% 8.01%
BCP42CA Call 0.27 16.40 0.07 Out of the Money 0 2 3 12.15 24.09% 19.00 1 : 5@19 23 Dec 11 16 Dec 11 30.0 86.57% 0.15%
BEC13CA Call 0.51 35.25 0.56 Out of the Money 0 2 1 6.91 8.09% 33.00 1 : 10@33 21 Dec 11 14 Dec 11 29.8 78.07% 0.65%
BGH13CB Call 0.76 64.75 0.36 Out of the Money 0 5 14 4.26 16.14% 60.00 1 : 20@60 3 Apr 12 27 Mar 12 29.5 76.38% 0.38%
BH13CA Call 0.86 39.00 0.53 Out of the Money 0 5 10 4.53 14.36% 36.00 1 : 10@36 30 Mar 12 23 Mar 12 25.0 69.52% 0.20%
BIGC01CA Call 0.65 99.75 0.82 Out of the Money 0 5 21 7.67 33.33% 120.00 1 : 20@120 10 Apr 12 2 Apr 12 14.0 89.33% 47.47%
BLA01CA Call 0.35 41.00 0.18 Out of the Money 0 5 21 5.86 29.27% 46.00 1 : 20@46 10 Apr 12 2 Apr 12 20.0 86.72% 78.80%
BLA13CA Call 0.51 41.00 0.30 Out of the Money 0 2 9 8.04 14.88% 42.00 1 : 10@42 29 Dec 11 22 Dec 11 25.7 98.35% 7.09%
BLA13CB Call 0.62 41.00 0.15 Out of the Money 0 5 9 6.61 49.27% 55.00 1 : 10@55 29 Mar 12 22 Mar 12 22.3 95.26% 0.00%
BTS13CB Call 0.14 0.55 0.04 Out of the Money 0 2 4 20.32 32.19% 0.70 1 : 0.19@0.7 24 Dec 11 19 Dec 11 28.4 89.57% 4.33%
CPAL01CA Call 0.87 45.00 0.76 Out of the Money 0 2 11 5.17 3.78% 38.00 1 : 10@38 31 Dec 11 30 Dec 11 24.0 82.37% 28.25%
CPAL01PA Put 1.05 45.00 0.90 Out of the Money 0 2 11 4.29 3.33% 54.00 1 : 10@54 31 Dec 11 26 Dec 11 20.0 41.96% 14.63%
CPAL08CA Call 1.70 45.00 1.57 Out of the Money 0 2 30 5.29 3.33% 38.00 1 : 5@38 19 Jan 12 12 Jan 12 10.0 80.43% 1.76%
CPAL13CB Call 0.64 45.00 0.44 Out of the Money 0 2 3 7.03 7.56% 42.00 1 : 10@42 23 Dec 11 16 Dec 11 24.0 64.96% 0.84%
CPAL42CB Call 0.38 45.00 0.38 Out of the Money 0 1 6 11.84 1.78% 42.00 1 : 10@42 26 Nov 11 21 Nov 11 30.0 88.51% 1.02%
CPF01CA Call 0.57 28.75 0.43 Out of the Money 0 2 11 6.30 6.30% 26.00 1 : 8@26 31 Dec 11 30 Dec 11 28.0 68.08% 69.22%
CPF01PA Put 0.99 28.75 0.89 Out of the Money 0 2 11 3.63 2.33% 36.00 1 : 8@36 31 Dec 11 26 Dec 11 20.0 54.10% 27.99%
CPF06CA Call 0.81 28.75 0.56 Out of the Money 0 1 12 7.24 5.96% 26.49 1 : 4.91@26.49 2 Dec 11 25 Nov 11 20.0 62.77% 2.73%
CPF06PA Put 0.77 28.75 0.60 Out of the Money 0 1 12 7.61 3.92% 31.40 1 : 4.91@31.4 2 Dec 11 25 Nov 11 20.0 43.20% 2.06%
CPF08CC Call 2.88 28.75 2.77 Out of the Money 0 2 11 4.99 1.77% 23.50 1 : 2@23.5 31 Dec 11 26 Dec 11 18.0 58.29% 31.40%
CPF08PA Put 1.42 28.75 1.24 Out of the Money 0 2 11 4.05 2.96% 35.00 1 : 5@35 31 Dec 11 26 Dec 11 11.5 38.26% 4.26%
CPF13CA Call 1.35 28.75 1.25 Out of the Money 0 0 6 4.26 1.74% 22.50 1 : 5@22.5 26 Oct 11 18 Oct 11 51.6 166.26% 10.75%
CPF13CB Call 1.87 28.75 1.08 Out of the Money 0 7 10 3.07 19.48% 25.00 1 : 5@25 30 May 12 23 May 12 22.8 87.74% 0.00%
CPF13PA Put 1.73 28.75 0.98 Out of the Money 0 5 10 3.32 15.30% 33.00 1 : 5@33 30 Mar 12 23 Mar 12 19.7 - -
CPF42CA Call 0.33 28.75 0.29 Out of the Money 0 0 23 8.71 1.91% 26.00 1 : 10@26 12 Nov 11 7 Nov 11 30.0 75.21% 5.20%
CPN13CA Call 0.53 34.00 0.44 Out of the Money 0 2 10 6.42 6.76% 31.00 1 : 10@31 30 Dec 11 23 Dec 11 29.5 77.43% 5.17%
CPN42CA Call 0.78 34.00 0.74 Out of the Money 0 2 3 4.36 2.35% 27.00 1 : 10@27 23 Dec 11 16 Dec 11 30.0 92.34% 2.74%
DTAC01CA Call 3.04 74.00 3.05 Out of the Money 0 3 8 2.43 0.54% 44.00 1 : 10@44 27 Jan 12 20 Nov 12 14.0 0.00% 39.06%
The opinions and information presented in this report are those of the Globlex Securities Co. Ltd. Research Department. No representation or warranty in any form regarding the accuracy, completeness,
correctness or fairness of opinions and information of this report is offered by Globlex Securities Co. Ltd. Globlex Securities Co. Ltd. accepts no liability whatsoever for any loss arising from the use of this
report or its contents. This report (in whole or in part) may not be reproduced or published without the express permission of Globlex Securities Co. Ltd.
6. Globlex Securities Co. Ltd. 10/21/2011
Derivative Warrant Table 21 October 2011
Price by Black Time to
Type DW Stock maturity Gearing Exercise Expire Last DW Implied Cumulative Volume/
DW Scholes Status Premium Exercise Raito
of Option Price Price Ratio(x) Price Date Trading Day Issued(mn) Volatility Outstanding Units
Model y. m. d.
DTAC01PA Put 0.42 74.00 0.02 Out of the Money 0 3 8 17.62 21.89% 62.00 1 : 10@62 27 Jan 12 20 Jan 12 42.0 65.95% 19.97%
DTAC08CB Call 2.60 74.00 2.62 At the Money 0 1 18 2.85 0.00% 48.00 1 : 10@48 8 Dec 11 30 Nov 11 14.2 0.00% 0.92%
DTAC13CB Call 1.09 74.00 0.56 Out of the Money 0 5 9 3.39 17.30% 65.00 1 : 20@65 29 Mar 12 22 Mar 12 28.1 88.70% 0.42%
DTAC13PA Put 0.43 74.00 0.07 Out of the Money 0 2 11 8.60 17.03% 70.00 1 : 20@70 31 Dec 11 26 Dec 11 24.3 89.23% 15.44%
DTAC42CA Call 2.72 74.00 2.61 Out of the Money 0 0 12 2.72 1.62% 48.00 1 : 10@48 1 Nov 11 25 Oct 11 27.0 0.00% 0.16%
EGCO13CA Call 0.32 80.25 0.00 Out of the Money 0 2 10 12.54 20.12% 90.00 1 : 20@90 30 Dec 11 23 Dec 11 28.6 70.66% 0.00%
ESSO01CA Call 0.48 8.85 0.38 Out of the Money 0 4 5 4.70 9.86% 7.84 1 : 3.92@7.84 24 Feb 12 17 Feb 12 40.0 83.46% 18.46%
ESSO01PA Put 0.72 8.85 0.57 Out of the Money 0 4 5 3.07 8.25% 11.00 1 : 4@11 24 Feb 12 17 Feb 12 20.0 61.23% 6.94%
ESSO03CA Call 0.28 8.85 0.08 Out of the Money 0 4 11 7.90 33.56% 10.70 1 : 4@10.7 1 Mar 12 23 Feb 12 25.0 85.07% 0.20%
ESSO08CA Call 0.17 8.85 0.09 Out of the Money 0 2 3 13.27 14.99% 9.51 1 : 3.92@9.51 23 Dec 11 16 Dec 11 20.0 73.35% 57.96%
ESSO13CB Call 0.53 8.85 0.22 Out of the Money 0 6 15 4.26 30.95% 9.51 1 : 3.92@9.51 5 May 12 27 Apr 12 49.6 92.45% 0.47%
ESSO13PA Put 1.83 8.85 1.75 Out of the Money 0 2 11 1.97 1.09% 13.24 1 : 2.45@13.24 31 Dec 11 26 Dec 11 18.2 0.00% 6.91%
ESSO18CA Call 0.26 8.85 0.13 Out of the Money 0 1 25 13.62 14.69% 9.50 1 : 2.5@9.5 15 Dec 11 7 Dec 11 25.0 89.40% 0.44%
GLOW13CA Call 1.10 50.75 0.79 Out of the Money 0 2 9 4.61 10.34% 45.00 1 : 10@45 29 Dec 11 22 Dec 11 25.0 92.11% 0.29%
HMPR13CA Call 1.54 8.75 1.08 Out of the Money 0 2 1 3.25 10.63% 6.99 1 : 1.75@6.99 21 Dec 11 14 Dec 11 29.2 130.62% 0.00%
HMPR13CB Call 0.60 8.75 0.39 Out of the Money 0 5 14 4.17 18.81% 8.30 1 : 3.49@8.3 3 Apr 12 27 Mar 12 29.8 81.04% 0.74%
IRPC01CA Call 0.15 3.54 0.13 Out of the Money 0 4 5 12.01 24.99% 4.13 1 : 1.97@4.13 24 Feb 12 17 Feb 11 20.0 66.72% 59.06%
IRPC08CB Call 0.02 3.54 0.00 Out of the Money 0 0 23 180.13 53.10% 5.40 1 : 0.98@5.4 12 Nov 11 7 Nov 11 15.5 100.86% 3.04%
IRPC13CB Call 0.03 3.54 0.01 Out of the Money 0 2 8 59.00 57.06% 5.50 1 : 2@5.5 28 Dec 11 21 Dec 11 29.5 81.83% 13.16%
IRPC42CB Call 0.07 3.54 0.01 Out of the Money 0 2 3 25.29 45.20% 5.00 1 : 2@5 23 Dec 11 16 Dec 11 30.0 96.07% 0.24%
IVL01CC Call 0.08 32.00 0.07 Out of the Money 0 1 11 20.00 23.75% 38.00 1 : 20@38 1 Dec 11 24 Nov 11 120.0 93.24% 85.37%
IVL01CD Call 1.01 32.00 0.86 Out of the Money 0 6 5 3.17 22.19% 29.00 1 : 10@29 25 Apr 12 18 Apr 12 50.0 109.68% 67.41%
IVL01PC Put 1.91 32.00 1.88 Out of the Money 0 1 11 0.84 0.63% 70.00 1 : 20@70 1 Dec 11 24 Nov 11 20.0 0.00% 69.66%
IVL08CB Call 0.36 32.00 0.38 Out of the Money 0 2 2 11.11 18.38% 35.00 1 : 8@35 22 Dec 11 15 Dec 11 21.3 92.85% 176.09%
IVL13PB Put 0.92 32.00 0.83 Out of the Money 0 6 15 1.74 13.75% 46.00 1 : 20@46 5 May 12 27 Apr 12 28.4 88.73% 23.35%
IVL18CC Call 0.37 32.00 0.29 Out of the Money 0 6 8 3.46 28.91% 32.00 1 : 25@32 28 Apr 12 23 Apr 12 20.0 113.11% 30.36%
IVL42CB Call 0.08 32.00 0.06 Out of the Money 0 1 6 40.00 33.75% 42.00 1 : 10@42 26 Nov 11 21 Nov 11 27.0 92.30% 30.46%
IVL13CD Call 0.42 32.00 0.30 Out of the Money 0 6 15 3.81 38.75% 36.00 1 : 20@36 5 May 12 27 Apr 12 50.0 113.43% 23.06%
KBAN01CA Call 0.83 111.00 0.71 Out of the Money 0 4 5 6.69 9.55% 105.00 1 : 20@105 24 Feb 12 17 Feb 12 12.0 62.23% 321.62%
KBAN01PA Put 2.62 111.00 2.39 Out of the Money 0 4 5 2.12 3.06% 160.00 1 : 20@160 24 Feb 12 17 Feb 12 12.0 0.00% 115.85%
The opinions and information presented in this report are those of the Globlex Securities Co. Ltd. Research Department. No representation or warranty in any form regarding the accuracy, completeness,
correctness or fairness of opinions and information of this report is offered by Globlex Securities Co. Ltd. Globlex Securities Co. Ltd. accepts no liability whatsoever for any loss arising from the use of this
report or its contents. This report (in whole or in part) may not be reproduced or published without the express permission of Globlex Securities Co. Ltd.
7. Globlex Securities Co. Ltd. 10/21/2011
Derivative Warrant Table 21 October 2011
Price by Black Time to
Type DW Stock maturity Gearing Exercise Expire Last DW Implied Cumulative Volume/
DW Scholes Status Premium Exercise Raito
of Option Price Price Ratio(x) Price Date Trading Day Issued(mn) Volatility Outstanding Units
Model y. m. d.
KBAN08CA Call 0.73 111.00 0.70 Out of the Money 0 1 12 7.60 2.34% 99.00 1 : 20@99 2 Dec 11 1 Dec 11 18.5 73.25% 33.45%
KBAN13CD Call 0.50 111.00 0.33 Out of the Money 0 2 3 8.88 10.36% 110.00 1 : 25@110 23 Dec 11 15 Dec 11 23.7 73.02% 2.78%
KBAN13PA Put 0.94 111.00 0.66 Out of the Money 0 2 11 4.72 8.56% 125.00 1 : 25@125 31 Dec 11 26 Dec 11 24.6 65.08% 43.05%
KBAN42CB Call 0.06 111.00 0.00 Out of the Money 0 0 2 92.50 9.19% 120.00 1 : 20@120 22 Oct 11 17 Oct 11 23.0 165.21% 5.20%
KK13CA Call 0.89 27.25 0.18 Out of the Money 0 5 10 6.31 33.43% 32.04 1 : 4.85@32.04 30 Mar 12 23 Mar 12 17.9 82.00% 1.12%
KTB01CB Call 0.22 13.60 0.30 Out of the Money 0 4 5 15.45 31.47% 17.00 1 : 4@17 24 Feb 12 17 Feb 12 19.0 72.27% 386.26%
KTB13CC Call 0.32 13.60 0.31 Out of the Money 0 6 15 8.50 44.12% 18.00 1 : 5@18 5 May 12 27 Apr 12 21.6 73.92% 8.66%
LH01CA Call 0.39 5.25 0.49 Out of the Money 0 2 11 6.73 6.29% 4.80 1 : 2@4.8 31 Dec 11 30 Dec 11 25.0 108.44% 257.39%
LH01PA Put 1.41 5.25 1.42 Out of the Money 0 2 11 1.86 1.33% 8.00 1 : 2@8 31 Dec 11 26 Dec 11 20.0 0.00% 53.29%
LH13CB Call 0.24 5.25 0.24 Out of the Money 0 2 7 10.94 23.43% 6.00 1 : 2@6 27 Dec 11 20 Dec 11 29.8 105.48% 5.07%
MINT13CA Call 0.24 9.50 0.10 Out of the Money 0 2 2 19.79 22.95% 11.20 1 : 2@11.2 22 Dec 11 15 Dec 11 20.7 78.75% 5.03%
MINT42CA Call 0.14 9.50 0.07 Out of the Money 0 2 3 13.57 17.89% 10.50 1 : 5@10.5 23 Dec 11 16 Dec 11 30.0 74.21% 4.77%
PS06CA Call 0.02 11.20 0.00 Out of the Money 0 1 12 112.00 66.07% 18.50 1 : 5@18.5 2 Dec 11 25 Nov 11 20.0 99.92% 14.60%
PS08CA Call 0.01 11.20 0.00 Out of the Money 0 0 7 280.00 56.61% 17.50 1 : 4@17.5 27 Oct 11 19 Oct 11 17.5 186.28% 25.01%
PS13CB Call 0.01 11.20 0.00 Out of the Money 0 0 8 280.00 56.61% 17.50 1 : 4@17.5 28 Oct 11 20 Oct 11 26.8 172.44% 23.00%
PS13CC Call 0.48 11.20 0.28 Out of the Money 0 6 29 4.67 37.50% 13.00 1 : 5@13 19 May 12 14 May 12 29.8 89.80% 0.31%
PTT01CA Call 0.28 277.00 0.27 Out of the Money 0 2 11 9.89 7.58% 270.00 1 : 100@270 31 Dec 11 30 Dec 11 60.0 66.48% 189.98%
PTT01PA Put 1.75 277.00 1.70 Out of the Money 0 2 11 1.58 0.72% 450.00 1 : 100@450 31 Dec 11 26 Dec 11 22.0 0.00% 250.87%
PTT06CB Call 0.26 277.00 0.14 Out of the Money 0 1 11 54.27 22.31% 333.70 1 : 19.63@333.7 1 Dec 11 24 Nov 11 7.0 64.10% 5.74%
PTT06PB Put 4.70 277.00 5.32 In the Money 0 1 11 3.00 -4.88% 382.78 1 : 19.63@382.78 1 Dec 11 24 Nov 11 7.0 0.00% 0.54%
PTT08CB Call 0.16 277.00 0.19 Out of the Money 0 2 15 34.63 18.41% 320.00 1 : 50@320 4 Jan 12 27 Dec 11 16.0 54.51% 18.09%
PTT13CE Call 0.05 277.00 0.01 Out of the Money 0 0 14 55.40 13.72% 310.00 1 : 100@310 3 Nov 11 27 Oct 11 30.0 86.54% 7.83%
PTT13CF Call 0.80 277.00 0.58 Out of the Money 0 7 5 3.46 17.33% 245.00 1 : 100@245 25 May 12 18 May 12 29.8 88.44% 3.28%
PTT13PA Put 0.50 277.00 0.35 Out of the Money 0 2 11 5.54 9.75% 300.00 1 : 100@300 31 Dec 11 26 Dec 11 25.0 69.40% 63.61%
PTT42CC Call 0.24 277.00 0.11 Out of the Money 0 1 6 23.08 16.25% 310.00 1 : 50@310 26 Nov 11 21 Nov 11 23.0 71.15% 1.00%
PTTE01CB Call 0.44 152.00 0.42 Out of the Money 0 4 5 8.64 10.26% 150.00 1 : 40@150 24 Feb 12 17 Feb 12 19.5 43.32% 83.33%
PTTE06CB Call 0.24 152.00 0.18 Out of the Money 0 1 11 32.19 13.14% 167.25 1 : 19.68@167.25 1 Dec 11 24 Nov 11 15.0 48.40% 10.17%
PTTE06PB Put 2.18 152.00 2.13 Out of the Money 0 1 11 3.49 0.39% 195.00 1 : 20@195 1 Dec 11 30 Nov 11 15.0 71.59% 10.31%
PTTE08CA Call 1.51 152.00 1.21 Out of the Money 0 2 4 10.07 8.62% 150.00 1 : 10@150 24 Dec 11 19 Dec 11 10.0 52.92% 9.13%
PTTE13CD Call 0.31 152.00 0.19 Out of the Money 0 2 3 12.26 13.42% 160.00 1 : 40@160 23 Dec 11 16 Dec 11 24.6 59.99% 3.10%
The opinions and information presented in this report are those of the Globlex Securities Co. Ltd. Research Department. No representation or warranty in any form regarding the accuracy, completeness,
correctness or fairness of opinions and information of this report is offered by Globlex Securities Co. Ltd. Globlex Securities Co. Ltd. accepts no liability whatsoever for any loss arising from the use of this
report or its contents. This report (in whole or in part) may not be reproduced or published without the express permission of Globlex Securities Co. Ltd.
8. Globlex Securities Co. Ltd. 10/21/2011
Derivative Warrant Table 21 October 2011
Price by Black Time to
Type DW Stock maturity Gearing Exercise Expire Last DW Implied Cumulative Volume/
DW Scholes Status Premium Exercise Raito
of Option Price Price Ratio(x) Price Date Trading Day Issued(mn) Volatility Outstanding Units
Model y. m. d.
PTTE42CC Call 0.40 152.00 0.18 Out of the Money 0 2 3 19.00 20.39% 175.00 1 : 20@175 23 Dec 11 16 Dec 11 20.0 63.57% 0.49%
SCB01CA Call 0.57 100.50 0.69 Out of the Money 0 4 5 8.82 9.85% 99.00 1 : 20@99 24 Feb 12 17 Feb 12 16.0 62.51% 214.33%
SCB06CB Call 2.80 100.50 1.60 Out of the Money 0 3 29 3.62 21.36% 94.20 1 : 9.92@94.2 18 Feb 12 13 Feb 12 12.0 110.66% 0.00%
SCB06PB Put 1.83 100.50 1.67 Out of the Money 0 3 29 5.54 9.53% 109.07 1 : 9.92@109.07 18 Feb 12 13 Feb 12 12.0 38.29% 39.32%
SCB08CB Call 0.32 100.50 0.43 Out of the Money 0 2 16 15.70 9.85% 104.00 1 : 20@104 5 Jan 12 28 Dec 11 27.0 58.67% 56.61%
SCB13CA Call 0.19 100.50 0.20 Out of the Money 0 0 12 26.45 3.28% 100.00 1 : 20@100 1 Nov 11 25 Oct 11 23.3 131.64% 19.76%
SCB13CB Call 0.91 100.50 0.72 Out of the Money 0 7 18 4.42 22.14% 100.00 1 : 25@100 7 Jun 12 30 May 12 24.6 85.16% 3.52%
SCB13PA Put 1.03 100.50 0.88 Out of the Money 0 2 11 3.90 6.22% 120.00 1 : 25@120 31 Dec 11 26 Dec 11 23.9 50.01% 48.42%
SCB42CB Call 0.50 100.50 0.00 Out of the Money 0 0 2 10.05 14.43% 105.00 1 : 20@105 22 Oct 11 17 Oct 11 25.0 442.82% 7.64%
SCC01CA Call 0.07 288.00 0.04 Out of the Money 0 1 11 51.43 20.00% 340.00 1 : 80@340 1 Dec 11 24 Nov 11 60.0 67.29% 112.91%
SCC01PA Put 1.77 288.00 1.75 In the Money 0 1 11 2.03 -0.14% 430.00 1 : 80@430 1 Dec 11 24 Nov 01 20.0 0.00% 68.64%
SCC06CA Call 0.25 288.00 0.15 Out of the Money 0 1 12 58.49 21.39% 344.67 1 : 19.7@344.67 2 Dec 11 25 Nov 11 7.0 62.47% 5.08%
SCC06PA Put 4.96 288.00 5.31 In the Money 0 1 12 2.95 -2.85% 393.91 1 : 19.7@393.91 2 Dec 11 25 Nov 11 7.0 0.00% 1.21%
SCC08CA Call 0.02 288.00 0.01 Out of the Money 0 0 16 288.00 16.67% 335.00 1 : 50@335 5 Nov 11 31 Oct 11 48.0 50.51% 7.67%
SCC08CB Call 1.29 288.00 1.22 Out of the Money 0 6 19 4.47 9.20% 250.00 1 : 50@250 9 May 12 30 Apr 12 17.0 62.47% 10.41%
SCC13CC Call 0.15 288.00 0.05 Out of the Money 0 2 3 19.20 26.74% 350.00 1 : 100@350 23 Dec 11 22 Dec 11 28.9 76.95% 18.98%
SCC13PA Put 0.46 288.00 0.28 Out of the Money 0 2 11 6.26 11.81% 300.00 1 : 100@300 31 Dec 11 26 Dec 11 24.1 72.63% 51.17%
SSI01CA Call 0.04 0.63 0.02 Out of the Money 0 2 11 39.38 45.40% 0.90 1 : 0.4@0.9 31 Dec 11 30 Dec 11 24.0 72.15% 40.87%
SSI01PA Put 2.38 0.63 2.39 In the Money 0 2 11 0.66 -2.86% 1.60 1 : 0.4@1.6 31 Dec 11 26 Dec 11 20.0 0.00% 0.00%
SSI13CA Call 0.05 0.63 0.01 Out of the Money 0 2 10 25.20 62.70% 1.00 1 : 0.5@1 30 Dec 11 23 Dec 11 29.8 98.66% 0.00%
STA01CA Call 0.06 16.60 0.02 Out of the Money 0 1 11 55.33 52.41% 25.00 1 : 5@25 1 Dec 11 24 Nov 11 60.0 106.17% 40.50%
STA01PA Put 4.66 16.60 4.65 In the Money 0 1 11 0.71 -0.60% 40.00 1 : 5@40 1 Dec 11 30 Nov 11 10.0 0.00% 13.02%
STA13CB Call 0.01 16.60 0.00 Out of the Money 0 0 7 346.06 85.23% 30.70 1 : 4.8@30.7 27 Oct 11 19 Oct 11 22.4 232.52% 20.65%
STA13CC Call 0.98 16.60 0.91 Out of the Money 0 6 27 3.39 19.88% 15.00 1 : 5@15 17 May 12 10 May 12 29.2 119.34% 3.06%
STA42CB Call 0.02 16.60 0.00 Out of the Money 0 0 23 83.00 81.93% 30.00 1 : 10@30 12 Nov 11 7 Nov 11 30.0 152.17% 14.29%
TCAP01CA Call 0.60 23.90 0.33 Out of the Money 0 5 21 8.13 23.02% 26.46 1 : 4.9@26.46 10 Apr 12 2 Apr 12 15.0 74.32% 36.04%
THAI01CB Call 0.02 19.50 0.04 Out of the Money 0 2 11 97.50 65.13% 32.00 1 : 10@32 31 Dec 11 30 Dec 11 28.0 84.41% 21.88%
THAI13CA Call 0.01 19.50 0.00 Out of the Money 0 0 13 195.00 54.36% 30.00 1 : 10@30 2 Nov 11 26 Oct 11 46.6 136.72% 32.79%
THAI13CB Call 0.75 19.50 0.66 Out of the Money 0 6 25 3.25 25.64% 18.50 1 : 8@18.5 15 May 12 8 May 12 30.0 96.80% 0.22%
THAI18CA Call 0.16 19.50 0.17 Out of the Money 0 6 11 4.88 28.21% 21.00 1 : 25@21 1 May 12 24 Apr 12 20.0 98.21% 9.44%
The opinions and information presented in this report are those of the Globlex Securities Co. Ltd. Research Department. No representation or warranty in any form regarding the accuracy, completeness,
correctness or fairness of opinions and information of this report is offered by Globlex Securities Co. Ltd. Globlex Securities Co. Ltd. accepts no liability whatsoever for any loss arising from the use of this
report or its contents. This report (in whole or in part) may not be reproduced or published without the express permission of Globlex Securities Co. Ltd.
9. Globlex Securities Co. Ltd. 10/21/2011
Derivative Warrant Table 21 October 2011
Price by Black Time to
Type DW Stock maturity Gearing Exercise Expire Last DW Implied Cumulative Volume/
DW Scholes Status Premium Exercise Raito
of Option Price Price Ratio(x) Price Date Trading Day Issued(mn) Volatility Outstanding Units
Model y. m. d.
THAI42CA Call 0.02 19.50 0.00 Out of the Money 0 0 23 97.50 65.13% 32.00 1 : 10@32 12 Nov 11 7 Nov 11 25.0 129.02% 2.38%
THAI01PB Put 2.42 19.50 2.42 In the Money 0 2 11 0.81 -1.54% 44.00 1 : 10@44 31 Dec 11 26 Dec 11 20.0 0.00% 1.98%
TMB13CB Call 0.05 1.26 0.01 Out of the Money 0 2 4 37.80 61.38% 2.00 1 : 0.67@2 24 Dec 11 23 Dec 11 29.8 96.16% 2.67%
TOP01CA Call 0.22 51.25 0.23 Out of the Money 0 3 8 11.89 17.41% 55.86 1 : 19.6@55.86 27 Jan 12 20 Jan 11 90.0 69.68% 112.02%
TOP01PA Put 1.79 51.25 1.76 Out of the Money 0 3 8 1.46 0.18% 86.24 1 : 19.6@86.24 27 Jan 12 20 Jan 12 19.5 0.00% 111.35%
TOP08CB Call 0.29 51.25 0.34 Out of the Money 0 3 1 18.03 20.28% 58.80 1 : 9.8@58.8 20 Jan 12 13 Jan 12 10.5 63.98% 19.69%
TOP13CC Call 0.31 51.25 0.17 Out of the Money 0 6 15 6.61 44.88% 66.50 1 : 25@66.5 5 May 12 27 Apr 12 49.1 90.57% 4.19%
TOP13PA Put 1.34 51.25 1.33 In the Money 0 2 11 1.53 -0.49% 85.00 1 : 25@85 31 Dec 11 26 Dec 11 28.9 0.00% 3.33%
TOP18CC Call 0.25 51.25 0.23 Out of the Money 0 6 8 8.20 29.27% 60.00 1 : 25@60 28 Apr 12 23 Apr 12 20.0 70.56% 5.66%
TOP42CB Call 0.06 51.25 0.03 Out of the Money 0 1 6 85.42 33.85% 68.00 1 : 10@68 26 Nov 11 21 Nov 11 21.0 78.02% 2.88%
TPIP13CA Call 0.36 11.90 0.25 Out of the Money 0 2 10 8.26 12.94% 12.00 1 : 4@12 30 Dec 11 23 Dec 11 30.0 78.46% 3.37%
TRUE01CB Call 0.30 2.78 0.22 Out of the Money 0 3 8 7.41 21.40% 3.00 1 : 1.25@3 27 Jan 12 20 Jan 12 40.0 90.37% 14.20%
TRUE13CB Call 0.04 2.78 0.01 Out of the Money 0 2 8 34.75 53.96% 4.20 1 : 2@4.2 28 Dec 11 21 Dec 11 30.0 96.26% 0.11%
TRUE18CB Call 0.02 2.78 0.00 Out of the Money 0 0 23 69.50 45.32% 4.00 1 : 2@4 12 Nov 11 7 Nov 11 25.0 112.13% 0.80%
TRUE01PB Put 1.41 2.78 1.33 Out of the Money 0 3 8 1.58 3.33% 4.45 1: 1.25@4.45 27 Jan 12 20 Jan 12 20.0 72.13% 36.62%
TUF06CB Call 2.36 53.00 2.03 Out of the Money 0 3 29 4.56 5.48% 44.29 1: 4.92@44.29 18 Feb 12 13 Feb 12 15.0 55.23% 0.00%
TUF13CA Call 0.78 53.00 0.62 Out of the Money 0 2 2 6.79 5.28% 48.00 1: 10@48 22 Dec 11 15 Dec 11 27.8 51.12% 5.19%
TUF42CB Call 0.91 53.00 0.83 Out of the Money 0 1 6 5.82 2.08% 45.00 1: 10@45 26 Nov 11 21 Nov 11 30.0 61.30% 1.12%
Note: Cumulative Volume and Implied Volatility were calculated from 14/10/2011
Exercise Ratio is no. of shares of common stock : DW
The opinions and information presented in this report are those of the Globlex Securities Co. Ltd. Research Department. No representation or warranty in any form regarding the accuracy, completeness,
correctness or fairness of opinions and information of this report is offered by Globlex Securities Co. Ltd. Globlex Securities Co. Ltd. accepts no liability whatsoever for any loss arising from the use of this
report or its contents. This report (in whole or in part) may not be reproduced or published without the express permission of Globlex Securities Co. Ltd.