market daily - bualuangresearch2.bualuang.co.th/upload/daily160226.pdf · see disclaimer at the end...

See disclaimer at the end of report

Market Daily 26 February 2016

Company Update

BEC (HOLD/Target Bt29.50)

— The lack of visible earnings improvement so far

Earnings Results

THREL (BUY/Target Bt12.30)

— Upshot in line with assessment

BH (BUY/Target Bt250.00)

— Score for 4Q15 racks up as expected; strong 1Q16 outlook seen

M (HOLD/Target Bt55.00)

— Saddening 4Q15 outcome, however DPS was in line with estimates

RS (BUY/Target Bt15.30)

— Figures for 4Q15 outshine appraisal

WORK (BUY/Target Bt54.25)

— Core profit exceeded forecast

BA (BUY/Target Bt27.00)

— 4Q15 profit missed forecast; stronger quarter ahead

AAV (BUY/Target Bt6.60)

— 4Q15 profit missed the runway; strong earnings growth is taking off

BEM (BUY/Target Bt5.90)

— FY15 earnings undershot estimates; on-year growth on track for 1Q16

News Highlights

(+) INSURANCE — FWD sets its sights on cracking top 5

(+) FOOD — Food shipments expected to rebound after 2015 slip

(-) AUTO — Isuzu distributor not optimistic about 2016 sales

(0) ANAN — Ananda announces cautious plan for 2016

(0) CONSTRUCTION — Sino-Thai rail project ‘to start in May’

(-) TRADE — January export value slides by 8.9%

Market Summary SET Chg %1D %YTD1333.42 1.49 0.11% -10.10%Trading Value Bt42.65bn $1291.9m

Trading Activity (Btm) BUY SELL NETInstitution 4421.35 4,089.9 331.4 0.10 10% Proprietary Trading 4829.29 5,249.8 -420.6 0.11 12% Foreign 12231.95 12,117.2 114.8 0.29 28% Retail 21171.12 21,196.8 -25.7 0.50 50% Top Five Trading Stocks

Company Close Chg(Bt) Value (Btm)

ADVANC 172.00 0.00 2,424SCB 138.00 -3.00 2,397AOT 395.00 -15.00 2,322PTTEP 67.50 1.00 1,472KBANK 171.50 -1.50 1,399Trading Performance by Sector Sector Close %ChgCommerce 27911.83 1.49 Electronics 1859.69 1.31 Finance&Sec. 2343.77 0.54 Energy 15689.17 0.51 Packaging 3396.67 0.23 Media 58.71 0.22 ICT 148.91 0.15 SET 1333.42 0.11 Food 10533.85 0.02 Property 246.12 0.01 Bank 471.59 -0.21 Auto 784.15 -1.93 Key Indices Close %1D %YTDDJIA 16,697.29 1.29 -6.37 NASDAQ 4,582.21 0.87 -3.06 FTSE 6,012.81 2.48 -8.17 NIKKEI 15,915.79 -0.85 -8.58 HSKI 18,888.75 -1.58 -20.83 PCOMP (PH) 6,769.26 -0.73 -6.97 JCI (IN) 4,658.32 0.01 -11.15 FBKMLCI (MY) 1,658.16 -0.36 -5.40 FSSTI (SP) 2,603.40 -0.63 -22.76Dubai ($bbl) 29.53 5.35 -44.99 THB/USD 35.66 -0.04 8.24 MLR (BBL)% 6.750 BOT 1DRP% 1.50 CPI (Jan)% -0.53

Market Daily - 2

Earnings Results THREL: Upshot in line with assessment

• THREL posted 4Q15 earnings of Bt100m, a drop of 12% YoY but up 39% QoQ.

• The result was in keeping with our projections.

• FY15 earnings were up 5% YoY to Bt389m, which is 100% of our full-year earnings projection. (BUY/Target Bt12.30)

(Suwat Bumrungchatudom Tel. (662) 618-1341)

Securities Fundamental Investment Analyst BH: Score for 4Q15 racks up as expected; strong 1Q16 outlook seen

• BH posted a net profit of Bt769m for 4Q15, up 10% YoY but down 9% QoQ.

• Excluding Bt8m in foreign exchange gain, core profit was Bt760m, up 11% YoY but down 9% QoQ.

• The result was in line with our estimates and the street forecast. (BUY/Target Bt250.00) (Narumon Ekasamut Tel. (662) 618-1345)

Securities Fundamental Investment Analyst M: Saddening 4Q15 outcome, however DPS was in line with estimates

• M posted a core profit of Bt495m for 4Q15, a dive of 24% YoY but a surge of 35% QoQ.

• It was 17% short of our estimate due to disappointing sales and higher-than-expected SG&A expenses. (HOLD/Target Bt55.00)

(Narumon Ekasamut Tel. (662) 618-1345)

Securities Fundamental Investment Analyst RS: Figures for 4Q15 outshine appraisal

• RS reported a Bt94m net profit for 4Q15, up 690% YoY and 243% QoQ.

• Excluding the extra loss from a change in the accounting standard for the digital license fees—Bt41m and Bt30m in 4Q15 and 4Q14, respectively—core profit was Bt135m, flying up 221% YoY and 393% QoQ. (BUY/Target Bt15.30)

(Prasit Sujiravorakul Tel. (662) 618-1342)

Securities Fundamental Investment Analyst (Napon Jaisan)

Analyst Assistant

Market Daily - 3

WORK: Core profit exceeded forecast

• WORK posted a Bt8m net profit for 3Q15, a reversal to net profit YoY but down 87% QoQ.

• Net profit undershot our model by 82%. Excluding the extra loss from a change in the accounting standard for the digital license fee—Bt50m and Bt38m in 4Q15 and 4Q14, respectively—core profit was Bt58m, a reversal to core profit YoY but flattish QoQ. (BUY/Target Bt54.25)

(Prasit Sujiravorakul Tel. (662) 618-1342)

Securities Fundamental Investment Analyst (Napon Jaisan)

Analyst Assistant

BA: 4Q15 profit missed forecast; stronger quarter ahead

• BA reported a 4Q15 net profit of Bt40m, down 80% YoY and 93% QoQ.

• Stripping out Bt32m FX gain and Bt100m fine paid to AOT (one-off expense), 4Q15 core profit would be Bt108m, down 33% YoY and 73% QoQ. (BUY/Target Bt27.00)

(Suppata Srisuk Tel. (662) 618-1343)

Securities Fundamental Investment Analyst AAV: 4Q15 profit missed the runway; strong earnings growth is taking off

• AAV has reported 4Q15 net profit of Bt274m, down 36% YoY but up 198% QoQ.

• Removing an FX gain of 96m, 4Q15 core profit would be Bt179m, down 57% YoY and 45% QoQ. (BUY/Target Bt6.60)


Securities Fundamental Investment Analyst BEM: FY15 earnings undershot estimates; on-year growth on track for 1Q16

• BEM posted a 2015 net profit of Bt2,650m, down 3% YoY.

• Stripping out Bt1,298m gain on sales of investment, the 4Q15 core earnings would be Bt1,620m, down 30% YoY. (BUY/Target Bt5.90)


Securities Fundamental Investment Analyst Company Update BEC: The lack of visible earnings improvement so far

• Recap of 4Q15 results—core profit in line with model

• The weaker ad revenue momentum expected in 1Q16

• New contents and greater costs for the SD Channel (HOLD/Target Bt29.50) (Prasit Sujiravorakul Tel. (662) 618-1342)

Securities Fundamental Investment Analyst

Market Daily - 4

News Highlights (+) INSURANCE — FWD sets its sights on cracking top 5: FWD Life Insurance

Thailand recorded strong premium growth last year despite sluggish economic conditions and aims to be a top five domestic insurance provider by 2018. (Bangkok Post) (+) FOOD — Food shipments expected to rebound after 2015 slip: Despite a contraction of 1.9% last year, the National Food Institute (NFI) expects food exports this year will grow by 5.8%. (Bangkok Post) (-) AUTO — Isuzu distributor not optimistic about 2016 sales: Tri Petch Isuzu Sales Co, the local distribution arm of Japanese truck maker Isuzu Motors Ltd, expects its sales will remain in the doldrums this year, blaming the country's fragile economy. (Bangkok Post) (0) ANAN — Ananda announces cautious plan for 2016: ANANDA Development plans to launch 12 residential projects this year worth a combined Bt22 billion. (The Nation) (0) CONSTRUCTION — Sino-Thai rail project ‘to start in May’: GROUNDBREAKING for the Sino-Thai medium-speed railway project is still set for May as planned, according to Transport Minister Arkhom Termpittayapaisith. (The Nation) (-) TRADE — January export value slides by 8.9%: JANUARY’S export value continued contracting by 8.9 per cent to US$15.71 billion on the same global factors (The Nation)

Market Daily - 5

Stock Calendar

XD IMPACT 0.19 XD CPTGF 0.199 XD JAS 0.3 XD GCAP 0.15XD LPN 0.6 XD DTCPF 0.135 XD LHPF 0.3529 XD LHSC 0.395XD WICE 0.07 XD EGATIF 0.115 XD PTTGC 1.3

XD FUTUREP 0.322 XD QHHR 0.31

XD GPSC 0.6 XD QHPF 0.197

XD HPF 0.1685 XD TFUND 0.17XD MNIT 0.0456 XD TLOGIS 0.2XD MNIT2 0.0927 XD UOB8TF 0.111XD M-PAT 0.175 XD WHABT 0.0959XD M-STOR 0.18 XD WHART 0.0565XD QHOP 0.14XD TCIF 0.135XD THIF 0.2XD TOP 1.8XD TRIF 0.222XD TTLPF 0.41

XD BOL 0.06 XD BAFS 0.25 XD BCP 1 XD AMATA 0.2 XD ERW 0.04XD LIT 0.18 XD BROCK 0.02 XD PLANB 0.07 XD FPI 0.07 XD GOLDPF 0.168XR WAVE 3.333333 : XD DAII 0.05 XD RATCH 1.17 XD OGC 3.13 XD KPNPF 0.126

XD DCC 0.053 XD TK 0.4 XD PTT 4XD DELTA 3.1 XD TMT 0.65 XD TNP 0.03XD FSS 0.13 XD YUASA 0.08XD IFS 0.1383XD MBKET 0.79XD SAT 0.4XD SPVI 0.02XD TAE 0.05 0.094XD TASCO 0.4XD TCC 0.08XD UNIQ 0.27

XD ASK 1.35 XD ASP 0.12 XD NYT 0.65 XD BH 1.45 XD JCP 0.13XD CFRESH 0.55 XD AYUD 1 XD PS 1.25 XD BH-P 1.45 XD SINGER 0.3XD CSC 1.75 XD GOLD 0.05 XD TIP 2 XD CMR 4.16 XD SPG 0.35XD CSC-P 3.25 XD INOX 0.0135 XD TWP 1.1 XD KCAR 0.24XD GFPT 0.25 XD IT 0.05 XD SPCG 0.81XD HANA 1 XD K 0.08XD QLT 0.4 XD KBS 0.05

XD PDG 0.14 XD BFIT 0.35 XD SNP 0.9 XD CKP 0.0223XD CPI 0.03XD GLOBAL 20 : 1XD LALIN 0.135XD MACO 0.03XD PYLON 0.53

XW ACC 4 : 1

XD SYNEX 0.22 XD TIC 0.29 XD SF 0.15 XD ADVAN 6.49 XD CHARA 2

XD UMI 0.16 XD TIC-P 0.29 XD TBSP 5.5 XD CSL 0.2 XD SPA 0.05

XD Q-CON 0.14 XD THCOM 0.65

XD TGCI 0.08

Mon

1-Mar-16

Sun Tue21-Feb-16

6-Mar-16 8-Mar-167-Mar-16

22-Feb-16

29-Feb-1628-Feb-16

23-Feb-16Wed

24-Feb-16 25-Feb-16

5-Mar-16

27-Feb-1626-Feb-16

3-Mar-16

SatFriThu

12-Mar-16

4-Mar-16

20-Mar-16

19-Mar-16

21-Mar-16 26-Mar-16

17-Mar-16 18-Mar-1613-Mar-16

2-Mar-16

14-Mar-16 15-Mar-16 16-Mar-16

27-Mar-16 28-Mar-16 29-Mar-16 30-Mar-16

22-Mar-16

11-Mar-169-Mar-16

23-Mar-16 24-Mar-16 25-Mar-16

10-Mar-16

2-Apr-1631-Mar-16 1-Apr-16

Market Daily - 6

Sources: SET, Bualuang research

XD BIGC 2.62 XD KBANK 3.5 XD MINT 0.35XD INTUCH 2.47 XD NDR 0.06XD SCC 8.5 XD QTC 0.32XD SMPC 0.32XD TPC 1.15

XD COL 0.55 XD HMPRO 0.15XD MAJOR 0.6 XD J 0.07XD S11 0.27 XD TCAP-P 1.1

XD GC 0.2 XD APCO 0.0347 XD AIT 1.5 XD BKD 0.13XD JMART 0.47 XD ECF 0.0586 XD FSMART 0.15XD KIAT 0.03 XD TMB 0.06 XD UBIS 0.037XD SAMCO 0.12 XD UBIS 3 : 1XD SCB 4 XW UBIS 1 : 1XD SCB-P 4 XR UBIS 3 : [email protected] BahtXD SCCC 7XD TOG 0.3

XD BANPU 0.5 XD CPN 0.7 XD AF 0.01 XD ALUCON 10 XD AMATA 0.24XD GIFT 0.07 XD CHO 0.0058 XD FORTH 0.17 XD ARROW 0.4

XD CHO 10 : 1 XD L&E 0.0925 XD BIG 0.06XD MBAX 0.33 XD MFC - XD BJCHI 0.5XD MTLS 0.2 XD PJW 0.1 XD EASTW 0.25XD SSF 0.43 XD PPS 5 : 1 XD GLOW 4.362XD THANA 0.08 XD PPS 0.0056 XD ICC 1.05XD TISCO 2.4 XD SAWAD 40 : 1 XD KTIS 0.1XD TISCO-P 2.4 XD SAWAD 0.003 XD PM 0.3

XD SC 0.18 XD PPP 0.08XD SCG 0.1 XD PT 0.28XD TIPCO 0.25 XR LDC 4 : [email protected] BahtXD TRT 0.05

XD AHC 0.55 XD BCH 0.07XD BAFS 0.85 XD CPR 0.11XD BJC 0.49 XD JWD 0.038888889XD GUNKUL 0.25 XD JWD 10 : 7XD GUNKUL 5 : 1 XD LRH 0.36XD IHL 0.1 XD NBC 0.08XD IVL 0.24 XD NINE 0.022XD KOOL 0.02 XD NMG 0.03XD PDI 0.2 XD OHTL 7XD PHOL 0.12 XD TVT 0.1XD PIMO 0.02 XD TWPC 0.27XD PLAT 0.1575 XW TVT 4 : 1XD SABINA 0.11XD SALEE 0.02XD SCN 0.1XD SIS 0.3XD SLP 0.02XD SYMC 12 : 1XD SYMC 0.00926XD TPCORP 0.6XD TRU 0.15

XD AKP 0.07 XD KWC 5.5 XD EPCO 0.04 XD JUBILE 0.25 XD ANAN 0.07 XD S & J 1 XD EPCO 25 : 1 XD AP 0.30 XD BAY 0.40 XD BSM 0.00 XD CCN 0.04 XD COM7 0.15 XD CSR 2.04 XD DSGT 0.02 XD ICHI 0.25XD SHANG 2.00XD SPRC 0.26XD VIBHA 0.03XD VNT 0.40XR BSM 4.5 : [email protected]

XW BSM 1 : 1

XW PPS 2 : 1

Note-XD Cash Dividend, XD (ST) Stock Dividend, PD Payment Date, XR- Right for CommonXW- Right for Warrant XM- Right for meeting

22-Apr-16

6-Apr-16

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6-May-164-May-16 5-May-161-May-16 3-May-16

12-May-16 13-May-16 14-May-16

1-Jun-16 2-Jun-16 4-Jun-163-Jun-1629-May-16 30-May-16 31-May-16

Market Daily - 7

Earnings Announcement – 4Q15 Date Stock

26/2/2016 GRAMMY, CHG, CPF, TICON 29/2/2016 TTA, LH, BDMS, QH


Market Daily - 8

Derivative Warrants Stock Underlying Last Trading Date Expiration

Date Exercise

Price Exercise Ratio

AAV01C1603A AAV 15 Mar 16 22 Mar 16 4.1 1.7 : 1 AAV01P1603A AAV 15 Mar 16 22 Mar 16 5.4 1.1 : 1 AAV06C1605A AAV 31 May 16 7 Jun 16 3.814 1.95576 : 1 AAV08C1607A AAV 28 Jul 16 4 Aug 16 5.5 2.8 : 1 AAV11C1604A AAV 29 Apr 16 10 May 16 4.16 1.36 : 1 AAV11P1602A AAV 26 Feb 16 4 Mar 16 5.084 0.95342 : 1 AAV13C1607A AAV 21 Jul 16 28 Jul 16 6 2.7 : 1 AAV16C1604A AAV 20 Apr 16 27 Apr 16 4.381 1.5646 : 1 AAV23C1608A AAV 31 Aug 16 7 Sep 16 5.9 2.5 : 1 AAV28C1605A AAV 3 May 16 12 May 16 4.7 1.35 : 1 AAV42C1609A AAV 27 Sep 16 4 Oct 16 5 1.2 : 1 ADVA01C1603A ADVANC 30 Mar 16 6 Apr 16 200 80 : 1 ADVA01C1605A ADVANC 30 May 16 4 Jun 16 174 80 : 1 ADVA01P1603A ADVANC 30 Mar 16 6 Apr 16 270 60 : 1 ADVA01P1605A ADVANC 30 May 16 4 Jun 16 240 60 : 1 ADVA06C1701A ADVANC 31 Jan 17 7 Feb 17 100 42 : 1 ADVA06P1609A ADVANC 30 Sep 16 7 Oct 16 240 45 : 1 ADVA08C1606A ADVANC 29 Jun 16 7 Jul 16 235 54 : 1 ADVA08C1607A ADVANC 28 Jul 16 4 Aug 16 175 25 : 1 ADVA08P1607A ADVANC 28 Jul 16 4 Aug 16 120 12.75 : 1 ADVA11C1604A ADVANC 29 Apr 16 10 May 16 205 68 : 1 ADVA11P1604A ADVANC 29 Apr 16 10 May 16 250 48 : 1 ADVA13C1605A ADVANC 25 May 16 1 Jun 16 225 56 : 1 ADVA13C1605B ADVANC 12 May 16 19 May 16 188 25 : 1

ADVA13C1606A ADVANC 7 Jun 16 14 Jun 16 125 50 : 1 ADVA13P1603A ADVANC 7 Mar 16 12 Mar 16 205 34 : 1 ADVA13P1606A ADVANC 7 Jun 16 14 Jun 16 175 35 : 1 ADVA16C1612A ADVANC 16 Dec 16 23 Dec 16 205 80 : 1 ADVA23C1605A ADVANC 30 May 16 4 Jun 16 287.076 102.24949 : 1 ADVA23C1611A ADVANC 30 Nov 16 8 Dec 16 230 18 : 1

ADVA23P1603A ADVANC 24 Mar 16 31 Mar 16 198.521 43.80201 : 1 ADVA24C1608A ADVANC 16 Aug 16 23 Aug 16 197 22 : 1 ADVA27C1607A ADVANC 22 Jul 16 29 Jul 16 238 65 : 1 ADVA27C1609A ADVANC 23 Sep 16 30 Sep 16 135.5 34.3 : 1 ADVA27P1607A ADVANC 22 Jul 16 29 Jul 16 210 31 : 1 ADVA28C1603A ADVANC 1 Mar 16 8 Mar 16 262.748 92.4483 : 1 ADVA28C1604A ADVANC 1 Apr 16 9 Apr 16 199 30 : 1 ADVA28C1605A ADVANC 3 May 16 12 May 16 220 62 : 1 ADVA28C1605B ADVANC 9 May 16 14 May 16 160 35 : 1 ADVA28C1607A ADVANC 8 Jul 16 15 Jul 16 140 95 : 1 ADVA28P1604A ADVANC 1 Apr 16 9 Apr 16 210 40 : 1 ADVA28P1609A ADVANC 2 Sep 16 9 Sep 16 130 40 : 1 ADVA42C1602A ADVANC 23 Feb 16 1 Mar 16 223.822 62.2665 : 1 ADVA42P1602A ADVANC 23 Feb 16 1 Mar 16 243.285 38.92565 : 1 AMAT23C1605A AMATA 11 May 16 18 May 16 17.617 3.9367 : 1 AMAT42C1603A AMATA 29 Mar 16 5 Apr 16 14.763 6.88895 : 1 ANAN23C1604A ANAN 21 Apr 16 28 Apr 16 3.52 1.2 : 1 AOT01C1603A AOT 30 Mar 16 6 Apr 16 230.422 78.80221 : 1 AOT01C1605A AOT 30 May 16 4 Jun 16 276 80 : 1 AOT01P1603A AOT 30 Mar 16 6 Apr 16 303.291 54.17118 : 1 AOT01P1605A AOT 30 May 16 4 Jun 16 360 60 : 1 AOT06C1603A AOT 31 Mar 16 8 Apr 16 145.154 48.3559 : 1 AOT06C1702A AOT 28 Feb 17 7 Mar 17 300 80 : 1 AOT06P1603A AOT 31 Mar 16 8 Apr 16 303.672 48.99559 : 1

AOT06P1702A AOT 28 Feb 17 7 Mar 17 350 40 : 1

Market Daily - 9

AOT08C1606A AOT 29 Jun 16 7 Jul 16 324.954 57.11315 : 1 Derivative Warrants Stock Underlying Last Trading Date Expiration

Date Exercise


AOT08P1606A AOT 29 Jun 16 7 Jul 16 280.642 41.3578 : 1 AOT11C1606A AOT 30 Jun 16 8 Jul 16 272.764 64.00611 : 1 AOT11P1606A AOT 30 Jun 16 8 Jul 16 324.954 45.29663 : 1 AOT13C1603A AOT 7 Mar 16 12 Mar 16 290.489 59.06675 : 1

AOT13C1608A AOT 18 Aug 16 25 Aug 16 390 80 : 1 AOT13P1608A AOT 5 Aug 16 12 Aug 16 420 47 : 1 AOT16C1602A AOT 26 Feb 16 4 Mar 16 265.872 78.80221 : 1 AOT18C1609A AOT 26 Sep 16 1 Oct 16 320 100 : 1 AOT23C1608A AOT 31 Aug 16 7 Sep 16 400 51 : 1 AOT23P1608A AOT 31 Aug 16 7 Sep 16 280 26.5 : 1 AOT27C1606A AOT 23 Jun 16 30 Jun 16 305.26 73.85524 : 1 AOT27P1606A AOT 23 Jun 16 30 Jun 16 241.254 27.5786 : 1 AOT28C1604A AOT 1 Apr 16 9 Apr 16 324.954 61.05196 : 1 AOT28C1607A AOT 8 Jul 16 15 Jul 16 350 120 : 1 AP11C1603A AP 31 Mar 16 8 Apr 16 4.9 3.57 : 1 AP23C1605A AP 30 May 16 4 Jun 16 9 4 : 1 AP42C1611A AP 29 Nov 16 7 Dec 16 6.5 3.2 : 1 BA01C1605A BA 30 May 16 4 Jun 16 22 8 : 1 BA01P1605A BA 30 May 16 4 Jun 16 27 5.5 : 1 BA11C1607A BA 29 Jul 16 5 Aug 16 21.3 6.5 : 1 BA42C1603A BA 29 Mar 16 5 Apr 16 21.721 6.31872 : 1 BANP01C1602A BANPU 29 Feb 16 5 Mar 16 21.263 9.75324 : 1 BANP01C1606A BANPU 29 Jun 16 7 Jul 16 11.9 8 : 1 BANP01P1602A BANPU 29 Feb 16 5 Mar 16 26.335 5.85206 : 1 BANP01P1606A BANPU 29 Jun 16 7 Jul 16 17 5.5 : 1 BANP06C1611A BANPU 30 Nov 16 8 Dec 16 19 8 : 1 BANP08C1604A BANPU 28 Apr 16 7 May 16 23.8 5.15 : 1 BANP08C1608A BANPU 30 Aug 16 6 Sep 16 16.3 5.6 : 1

BANP11C1603A BANPU 31 Mar 16 8 Apr 16 19.5 6.75 : 1 BANP11P1603A BANPU 31 Mar 16 8 Apr 16 25 5.4 : 1 BANP13C1604A BANPU 4 Apr 16 12 Apr 16 26.9 4.7 : 1 BANP13C1609A BANPU 30 Sep 16 7 Oct 16 20 5 : 1 BANP16C1602A BANPU 26 Feb 16 4 Mar 16 24.384 17.55618 : 1 BANP23C1609A BANPU 8 Sep 16 15 Sep 16 23.6 10.7 : 1

BANP27C1606A BANPU 23 Jun 16 30 Jun 16 24.384 14.63058 : 1 BANP27C1608A BANPU 17 Aug 16 24 Aug 16 20 6.4 : 1 BANP28C1605A BANPU 9 May 16 14 May 16 18 6 : 1 BANP42C1609A BANPU 27 Sep 16 4 Oct 16 27 5.5 : 1 BANP42P1609A BANPU 27 Sep 16 4 Oct 16 22 3 : 1 BAY13C1606A BAY 24 Jun 16 1 Jul 16 41.454 14.80385 : 1 BAY27C1606A BAY 23 Jun 16 30 Jun 16 44.415 15.7928 : 1 BAY42C1607A BAY 26 Jul 16 2 Aug 16 34.545 17.76514 : 1 BBL06C1701A BBL 31 Jan 17 7 Feb 17 100 44 : 1 BBL06P1701A BBL 31 Jan 17 7 Feb 17 150 22 : 1 BBL08C1606A BBL 29 Jun 16 7 Jul 16 172 29 : 1 BBL11C1602A BBL 26 Feb 16 4 Mar 16 158.012 34.56521 : 1 BBL11C1608A BBL 31 Aug 16 7 Sep 16 130 35 : 1 BBL11P1602A BBL 26 Feb 16 4 Mar 16 192.577 24.68944 : 1 BBL11P1608A BBL 31 Aug 16 7 Sep 16 162.5 25 : 1 BBL13C1606A BBL 22 Jun 16 29 Jun 16 129 50 : 1 BBL13P1603A BBL 9 Mar 16 16 Mar 16 155 18 : 1 BBL23C1604A BBL 21 Apr 16 28 Apr 16 159.131 77.16049 : 1 BBL23P1608A BBL 31 Aug 16 7 Sep 16 146 19 : 1 BBL28C1608A BBL 5 Aug 16 12 Aug 16 150 50 : 1 BBL42C1609A BBL 27 Sep 16 4 Oct 16 180 30 : 1

Market Daily - 10

BBL42P1609A BBL 27 Sep 16 4 Oct 16 165 16 : 1 Derivative Warrants Stock Underlying Last Trading Date Expiration

Date Exercise


BCH13C1606A BCH 24 Jun 16 1 Jul 16 7.691 2.97734 : 1 BCP01C1604A BCP 18 Apr 16 23 Apr 16 31 20 : 1

BCP01P1604A BCP 18 Apr 16 23 Apr 16 41 14 : 1 BCP06C1611A BCP 30 Nov 16 8 Dec 16 28 20 : 1 BCP11C1606A BCP 30 Jun 16 8 Jul 16 32 17 : 1 BCP11P1606A BCP 30 Jun 16 8 Jul 16 39 12 : 1 BCP23C1605A BCP 30 May 16 4 Jun 16 43.626 21.33106 : 1 BCP28C1608A BCP 5 Aug 16 12 Aug 16 29 29 : 1

BCP42C1609A BCP 27 Sep 16 4 Oct 16 40 15 : 1 BCP42P1609A BCP 27 Sep 16 4 Oct 16 32 7 : 1 BDMS01C1605A BDMS 30 May 16 4 Jun 16 18.5 8 : 1 BDMS01P1605A BDMS 30 May 16 4 Jun 16 23.8 5.5 : 1 BDMS06C1602A BDMS 26 Feb 16 4 Mar 16 14.83 9.88631 : 1 BDMS08C1607A BDMS 28 Jul 16 4 Aug 16 24 5.4 : 1 BDMS11C1607A BDMS 29 Jul 16 5 Aug 16 19.5 7 : 1 BDMS11P1607A BDMS 29 Jul 16 5 Aug 16 24.1 4.7 : 1 BDMS16C1603A BDMS 22 Mar 16 29 Mar 16 18 8 : 1 BDMS23C1605A BDMS 18 May 16 26 May 16 15.72 8.89838 : 1 BDMS28C1603A BDMS 1 Mar 16 8 Mar 16 20 7.25 : 1 BDMS28C1607A BDMS 8 Jul 16 15 Jul 16 21.5 8 : 1 BDMS42C1602A BDMS 23 Feb 16 1 Mar 16 20 6 : 1 BDMS42P1602A BDMS 23 Feb 16 1 Mar 16 22 5 : 1 BEC27C1606A BEC 23 Jun 16 30 Jun 16 36.734 15.67299 : 1 BEC42C1609A BEC 27 Sep 16 4 Oct 16 36 16 : 1 BH01C1605A BH 30 May 16 4 Jun 16 177 80 : 1 BH01P1605A BH 30 May 16 4 Jun 16 238 60 : 1 BH06C1606A BH 30 Jun 16 8 Jul 16 125.468 44.82295 : 1 BH08C1605A BH 30 May 16 4 Jun 16 250 54.5 : 1 BH08P1607A BH 28 Jul 16 4 Aug 16 180 31 : 1 BH11C1604A BH 29 Apr 16 10 May 16 200 74 : 1 BH18C1609A BH 26 Sep 16 1 Oct 16 205 67 : 1 BH23C1605A BH 30 May 16 4 Jun 16 219.07 55.74136 : 1

BH27C1603A BH 17 Mar 16 24 Mar 16 189.197 39.82477 : 1 BH28C1603A BH 1 Mar 16 8 Mar 16 220 70 : 1 BH28C1608A BH 2 Aug 16 9 Aug 16 210 80 : 1 BH42C1609A BH 27 Sep 16 4 Oct 16 240 60 : 1

BIGC42C1607A BIGC 26 Jul 16 2 Aug 16 200 64 : 1 BJC06C1606A BJC 30 Jun 16 8 Jul 16 25.694 20.75119 : 1 BJC13C1606A BJC 24 Jun 16 1 Jul 16 41.506 15.66416 : 1 BJC42C1607A BJC 26 Jul 16 2 Aug 16 37.553 14.8236 : 1

BJCH06C1603A BJCHI 31 Mar 16 8 Apr 16 5.442 4.46967 : 1 BJCH08C1606A BJCHI 29 Jun 16 7 Jul 16 7.4 3 : 1 BJCH23C1609A BJCHI 8 Sep 16 15 Sep 16 8.5 2.3 : 1 BJCH27C1603A BJCHI 17 Mar 16 24 Mar 16 8 3 : 1 BJCH42C1607A BJCHI 26 Jul 16 2 Aug 16 7 4 : 1 BLAN06C1603A BLAND 31 Mar 16 8 Apr 16 1.21 0.87152 : 1 BLAN06C1702A BLAND 28 Feb 17 7 Mar 17 1.1 0.85 : 1 BLAN08C1605A BLAND 30 May 16 4 Jun 16 1.65 0.55 : 1 BLAN11C1607A BLAND 29 Jul 16 5 Aug 16 1.2 0.7 : 1 BLAN23C1608A BLAND 31 Aug 16 7 Sep 16 1.7 0.5 : 1 BLAN42C1609A BLAND 27 Sep 16 4 Oct 16 1.7 0.6 : 1 BLAN42P1609A BLAND 27 Sep 16 4 Oct 16 1.45 0.3 : 1 BTS01C1602A BTS 29 Feb 16 5 Mar 16 8.264 4.80469 : 1 BTS01C1606A BTS 29 Jun 16 7 Jul 16 7 4 : 1 BTS01P1602A BTS 29 Feb 16 5 Mar 16 10.762 2.88276 : 1

Market Daily - 11

BTS01P1606A BTS 29 Jun 16 7 Jul 16 9.3 3 : 1 Derivative Warrants Stock Underlying Last Trading Date Expiration

Date Exercise


BTS06C1704A BTS 27 Apr 17 5 May 17 4.288 0.93209 : 1 BTS08C1604A BTS 28 Apr 16 7 May 16 10.09 2.48878 : 1 BTS11C1603A BTS 31 Mar 16 8 Apr 16 8.552 2.88275 : 1 BTS16C1603A BTS 22 Mar 16 29 Mar 16 8.202 3.26232 : 1 BTS42C1609A BTS 27 Sep 16 4 Oct 16 10.09 2.88276 : 1 BTS42P1609A BTS 27 Sep 16 4 Oct 16 8.648 1.34528 : 1 CBG06C1608A CBG 31 Aug 16 7 Sep 16 32.688 21.79599 : 1

CBG08C1604A CBG 28 Apr 16 7 May 16 42 13.5 : 1 CBG42C1603A CBG 29 Mar 16 5 Apr 16 40.365 15.84786 : 1

CENT01C1604A CENTEL 18 Apr 16 23 Apr 16 35 20 : 1 CENT01P1604A CENTEL 18 Apr 16 23 Apr 16 45 14 : 1 CENT08C1607A CENTEL 28 Jul 16 4 Aug 16 46 15.2 : 1 CENT11C1603A CENTEL 31 Mar 16 8 Apr 16 30 16.75 : 1 CENT23C1608A CENTEL 31 Aug 16 7 Sep 16 50 13.3 : 1 CENT42C1609A CENTEL 27 Sep 16 4 Oct 16 42 16 : 1 CHG01C1607A CHG 29 Jul 16 5 Aug 16 2.3 1.8 : 1 CHG08C1608A CHG 30 Aug 16 6 Sep 16 3 1.3 : 1 CHG13C1608A CHG 2 Aug 16 9 Aug 16 3 1.22 : 1 CHG27C1609A CHG 23 Sep 16 30 Sep 16 2.6 1.3 : 1 CK01C1602A CK 29 Feb 16 5 Mar 16 21.792 19.80983 : 1 CK01C1607A CK 29 Jul 16 5 Aug 16 22.5 20 : 1 CK01P1602A CK 29 Feb 16 5 Mar 16 30.708 13.8677 : 1 CK01P1607A CK 29 Jul 16 5 Aug 16 32 14 : 1 CK06C1602A CK 26 Feb 16 4 Mar 16 21.486 24.41406 : 1 CK06C1702A CK 28 Feb 17 7 Mar 17 19 22 : 1 CK08C1606A CK 29 Jun 16 7 Jul 16 30 14.5 : 1 CK11C1603A CK 31 Mar 16 8 Apr 16 22.287 6.53773 : 1 CK11P1606A CK 30 Jun 16 8 Jul 16 30 11.5 : 1 CK13C1605A CK 24 May 16 31 May 16 29.9 13.6 : 1 CK13C1608A CK 25 Aug 16 1 Sep 16 20 7.2 : 1 CK16C1612A CK 16 Dec 16 23 Dec 16 22.5 20 : 1 CK27C1605A CK 24 May 16 31 May 16 27.241 16.34254 : 1 CK28C1605A CK 9 May 16 14 May 16 29 17 : 1 CK42C1609A CK 27 Sep 16 4 Oct 16 30 16 : 1 CK42P1609A CK 27 Sep 16 4 Oct 16 25 6.4 : 1

CKP13C1603A CKP 23 Mar 16 30 Mar 16 2.99 1 : 1 CKP13C1609A CKP 16 Sep 16 23 Sep 16 2.6 1.5 : 1 CKP23C1605A CKP 11 May 16 18 May 16 3.5 0.85 : 1 CKP42C1603A CKP 29 Mar 16 5 Apr 16 2.9 1.3 : 1

CPAL01C1602A CPALL 29 Feb 16 5 Mar 16 40 20 : 1 CPAL01C1606A CPALL 29 Jun 16 7 Jul 16 35 20 : 1 CPAL01P1602A CPALL 29 Feb 16 5 Mar 16 54 14 : 1 CPAL01P1606A CPALL 29 Jun 16 7 Jul 16 48 14 : 1 CPAL06C1611A CPALL 30 Nov 16 8 Dec 16 38 21 : 1 CPAL08C1607A CPALL 28 Jul 16 4 Aug 16 41.5 14.5 : 1 CPAL11C1602A CPALL 26 Feb 16 4 Mar 16 40 18 : 1 CPAL11C1608A CPALL 31 Aug 16 7 Sep 16 37 16.5 : 1 CPAL11P1602A CPALL 26 Feb 16 4 Mar 16 49 11 : 1 CPAL11P1608A CPALL 31 Aug 16 7 Sep 16 44 12.5 : 1 CPAL13C1606A CPALL 24 Jun 16 1 Jul 16 53.5 13.1 : 1 CPAL18C1605A CPALL 31 May 16 7 Jun 16 46 16 : 1 CPAL27C1609A CPALL 23 Sep 16 30 Sep 16 40 17 : 1 CPAL28C1604A CPALL 1 Apr 16 9 Apr 16 50 18 : 1 CPAL28C1608A CPALL 2 Aug 16 9 Aug 16 48 19 : 1 CPAL42C1611A CPALL 29 Nov 16 7 Dec 16 55 15 : 1

Market Daily - 12

CPF01C1604A CPF 18 Apr 16 23 Apr 16 18.9 8 : 1 Derivative Warrants Stock Underlying Last Trading Date Expiration

Date Exercise


CPF01P1604A CPF 18 Apr 16 23 Apr 16 23.5 5.5 : 1 CPF06C1604A CPF 29 Apr 16 10 May 16 16.393 9.1617 : 1 CPF06C1701A CPF 31 Jan 17 7 Feb 17 18.322 24.108 : 1 CPF06P1609A CPF 30 Sep 16 7 Oct 16 19 4 : 1 CPF08C1602A CPF 26 Feb 16 4 Mar 16 24.087 4.76826 : 1 CPF08C1608A CPF 30 Aug 16 6 Sep 16 21 5.6 : 1 CPF08P1602A CPF 26 Feb 16 4 Mar 16 18.188 2.65449 : 1

CPF11C1606A CPF 30 Jun 16 8 Jul 16 17.7 7 : 1 CPF11P1606A CPF 30 Jun 16 8 Jul 16 21.6 4.7 : 1 CPF13C1603A CPF 10 Mar 16 17 Mar 16 22 5.05 : 1 CPF13C1608A CPF 18 Aug 16 25 Aug 16 22 6.4 : 1 CPF16C1612A CPF 16 Dec 16 23 Dec 16 17.3 8 : 1 CPF27C1606A CPF 23 Jun 16 30 Jun 16 21.629 5.89866 : 1 CPF27P1605A CPF 24 May 16 31 May 16 20.646 3.93252 : 1 CPF28C1608A CPF 5 Aug 16 12 Aug 16 18.5 12.5 : 1 CPF42C1611A CPF 29 Nov 16 7 Dec 16 24 6 : 1 CPF42P1611A CPF 29 Nov 16 7 Dec 16 20 2.8 : 1 CPN01C1604A CPN 18 Apr 16 23 Apr 16 40 20 : 1 CPN01P1604A CPN 18 Apr 16 23 Apr 16 53 14 : 1 CPN06C1711A CPN 30 Nov 17 8 Dec 17 36 21 : 1 CPN08C1607A CPN 28 Jul 16 4 Aug 16 47.5 15.2 : 1 CPN11C1602A CPN 26 Feb 16 4 Mar 16 38.5 17.1 : 1 CPN11C1608A CPN 31 Aug 16 7 Sep 16 39.75 17 : 1 CPN11P1602A CPN 26 Feb 16 4 Mar 16 53 11.5 : 1 CPN11P1608A CPN 31 Aug 16 7 Sep 16 48.5 12 : 1 CPN27C1606A CPN 23 Jun 16 30 Jun 16 46 16 : 1 CPN42C1611A CPN 29 Nov 16 7 Dec 16 50 16 : 1 DELT01C1604A DELTA 18 Apr 16 23 Apr 16 78 22 : 1 DELT11C1607A DELTA 29 Jul 16 5 Aug 16 71 17 : 1 DELT27C1605A DELTA 16 May 16 24 May 16 82 17 : 1 DELT42C1602A DELTA 23 Feb 16 1 Mar 16 90 16 : 1 DTAC01C1604A DTAC 27 Apr 16 5 May 16 49.188 19.67342 : 1 DTAC01P1604A DTAC 27 Apr 16 5 May 16 63.944 13.77221 : 1 DTAC06C1606A DTAC 30 Jun 16 8 Jul 16 62.536 20.2061 : 1 DTAC06C1701A DTAC 31 Jan 17 7 Feb 17 21.643 20.65689 : 1 DTAC06P1606A DTAC 30 Jun 16 8 Jul 16 81.778 11.54601 : 1 DTAC08C1604A DTAC 28 Apr 16 7 May 16 72.01 12.65029 : 1 DTAC08C1606A DTAC 29 Jun 16 7 Jul 16 59.025 13.28062 : 1 DTAC08C1607A DTAC 28 Jul 16 4 Aug 16 39.35 10.57531 : 1 DTAC08P1604A DTAC 28 Apr 16 7 May 16 57.413 6.81169 : 1 DTAC08P1607A DTAC 28 Jul 16 4 Aug 16 21.643 6.296 : 1 DTAC11C1603A DTAC 31 Mar 16 8 Apr 16 58.385 16.20208 : 1 DTAC11P1603A DTAC 31 Mar 16 8 Apr 16 71.035 12.01776 : 1 DTAC13C1603A DTAC 7 Mar 16 12 Mar 16 56.44 14.11034 : 1 DTAC13C1605A DTAC 25 May 16 1 Jun 16 54.106 11.31222 : 1 DTAC13C1606A DTAC 7 Jun 16 14 Jun 16 24.594 22.62443 : 1 DTAC13P1605A DTAC 25 May 16 1 Jun 16 52.139 11.80498 : 1 DTAC13P1606A DTAC 7 Jun 16 14 Jun 16 34.431 14.75579 : 1 DTAC16C1602A DTAC 26 Feb 16 4 Mar 16 71.195 19.24557 : 1 DTAC18C1605A DTAC 31 May 16 7 Jun 16 63.251 24.32616 : 1 DTAC23C1603A DTAC 24 Mar 16 31 Mar 16 71.506 36.23188 : 1 DTAC23C1611A DTAC 30 Nov 16 8 Dec 16 60.009 10.82134 : 1 DTAC24C1608A DTAC 26 Aug 16 2 Sep 16 38.1 12.5 : 1 DTAC27C1609A DTAC 23 Sep 16 30 Sep 16 28.529 16.72375 : 1 DTAC28C1604A DTAC 1 Apr 16 9 Apr 16 57.058 14.75625 : 1

Market Daily - 13

DTAC28C1605A DTAC 9 May 16 14 May 16 34.431 14.75625 : 1 Derivative Warrants Stock Underlying Last Trading Date Expiration

Date Exercise


DTAC42C1603A DTAC 29 Mar 16 5 Apr 16 81.778 15.39409 : 1 EART06C1611A EARTH 30 Nov 16 8 Dec 16 3.957 3.85802 : 1 EART13C1603A EARTH 24 Mar 16 31 Mar 16 5.836 2.67094 : 1 EART23C1604A EARTH 21 Apr 16 28 Apr 16 5.49 1.97844 : 1 EART28C1603A EARTH 1 Mar 16 8 Mar 16 4.748 1.28599 : 1 EART28C1603B EARTH 1 Mar 16 8 Mar 16 5.54 3.16552 : 1 EART42C1611A EARTH 29 Nov 16 7 Dec 16 5.5 1.2 : 1

EGCO42C1603A EGCO 29 Mar 16 5 Apr 16 147.17 31.39717 : 1 EPG01C1607A EPG 29 Jul 16 5 Aug 16 11.9 8 : 1 EPG08C1608A EPG 30 Aug 16 6 Sep 16 19 5.4 : 1 EPG11C1607A EPG 29 Jul 16 5 Aug 16 11.5 7 : 1 EPG13C1606A EPG 15 Jun 16 22 Jun 16 15.5 5.4 : 1 EPG27C1609A EPG 23 Sep 16 30 Sep 16 13 7 : 1 EPG28C1607A EPG 8 Jul 16 15 Jul 16 16 7 : 1

ESSO13C1606A ESSO 10 Jun 16 17 Jun 16 6.9 2.6 : 1 ESSO42C1602A ESSO 23 Feb 16 1 Mar 16 4.5 3 : 1 GFPT06C1605A GFPT 31 May 16 7 Jun 16 10 9 : 1 GFPT23C1605A GFPT 30 May 16 4 Jun 16 15 6 : 1 GFPT27C1605A GFPT 16 May 16 24 May 16 9.3 7 : 1 GFPT42C1603A GFPT 29 Mar 16 5 Apr 16 13 6 : 1 GLOB11C1604A GLOBAL 29 Apr 16 10 May 16 9.5 6.7 : 1 GLOB23C1609A GLOBAL 8 Sep 16 15 Sep 16 9.1 6.1 : 1 GLOB27C1608A GLOBAL 24 Aug 16 31 Aug 16 11 5 : 1 GLOB28C1604A GLOBAL 1 Apr 16 9 Apr 16 11.5 7.2 : 1 GLOB42C1611A GLOBAL 29 Nov 16 7 Dec 16 12.5 6.4 : 1 GLOW42C1611A GLOW 29 Nov 16 7 Dec 16 100 16 : 1 GUNK01C1602A GUNKUL 29 Feb 16 5 Mar 16 19.8 8 : 1 GUNK01C1607A GUNKUL 29 Jul 16 5 Aug 16 21.2 8 : 1 GUNK01P1602A GUNKUL 29 Feb 16 5 Mar 16 25 5.5 : 1 GUNK01P1607A GUNKUL 29 Jul 16 5 Aug 16 27 5.5 : 1 GUNK08C1604A GUNKUL 28 Apr 16 7 May 16 24 5.15 : 1 GUNK11C1605A GUNKUL 31 May 16 7 Jun 16 19.8 6.9 : 1 GUNK13C1604A GUNKUL 22 Apr 16 29 Apr 16 26.9 14.1 : 1 GUNK23C1605A GUNKUL 30 May 16 4 Jun 16 30 16 : 1 HANA06C1606A HANA 30 Jun 16 8 Jul 16 34.028 20.4165 : 1 HANA08C1606A HANA 29 Jun 16 7 Jul 16 38 14.3 : 1 HANA11C1604A HANA 29 Apr 16 10 May 16 22.361 6.52361 : 1 HANA23C1605A HANA 26 May 16 2 Jun 16 48.611 14.58364 : 1 HANA42C1611A HANA 29 Nov 16 7 Dec 16 38 16 : 1 HMPR01C1602A HMPRO 29 Feb 16 5 Mar 16 5.226 3.944 : 1 HMPR01C1607A HMPRO 29 Jul 16 5 Aug 16 5.9 4 : 1 HMPR01P1602A HMPRO 29 Feb 16 5 Mar 16 7.297 2.95805 : 1 HMPR01P1607A HMPRO 29 Jul 16 5 Aug 16 8 3 : 1 HMPR06C1602A HMPRO 26 Feb 16 4 Mar 16 5.955 4.58022 : 1 HMPR06C1702A HMPRO 28 Feb 17 7 Mar 17 5 4 : 1 HMPR11C1605A HMPRO 31 May 16 7 Jun 16 6.35 3.5 : 1 HMPR16C1603A HMPRO 22 Mar 16 29 Mar 16 5.916 3.74686 : 1 ICHI01C1602A ICHI 29 Feb 16 5 Mar 16 14.766 7.87526 : 1 ICHI01P1602A ICHI 29 Feb 16 5 Mar 16 19.688 5.41389 : 1 ICHI06C1605A ICHI 31 May 16 7 Jun 16 15.394 8.65951 : 1 ICHI23C1605A ICHI 30 May 16 4 Jun 16 24.609 6.89037 : 1 INTU01C1603A INTUCH 30 Mar 16 6 Apr 16 68 20 : 1 INTU01C1605A INTUCH 30 May 16 4 Jun 16 58 20 : 1 INTU01P1603A INTUCH 30 Mar 16 6 Apr 16 84 14 : 1 INTU01P1605A INTUCH 30 May 16 4 Jun 16 77 15 : 1

Market Daily - 14

INTU06C1701A INTUCH 31 Jan 17 7 Feb 17 33 22 : 1 Derivative Warrants Stock Underlying Last Trading Date Expiration

Date Exercise


INTU06P1701A INTUCH 31 Jan 17 7 Feb 17 55 12 : 1 INTU11C1604A INTUCH 29 Apr 16 10 May 16 75 16.9 : 1 INTU11P1604A INTUCH 29 Apr 16 10 May 16 90 12.85 : 1 INTU13C1603A INTUCH 10 Mar 16 17 Mar 16 81 14 : 1 INTU13C1605A INTUCH 25 May 16 1 Jun 16 71.5 14 : 1 INTU13C1606A INTUCH 3 Jun 16 10 Jun 16 65 14 : 1 INTU13P1606A INTUCH 3 Jun 16 10 Jun 16 50 13 : 1

INTU16C1603A INTUCH 22 Mar 16 29 Mar 16 67.92 17.4642 : 1 INTU23C1603A INTUCH 24 Mar 16 31 Mar 16 58.931 37.70739 : 1 INTU23C1611A INTUCH 30 Nov 16 8 Dec 16 70 9.5 : 1 INTU23P1608A INTUCH 31 Aug 16 7 Sep 16 50 9 : 1 INTU24C1609A INTUCH 26 Sep 16 1 Oct 16 60.8 13 : 1 INTU28C1605A INTUCH 9 May 16 14 May 16 72 15.5 : 1 INTU28C1605B INTUCH 9 May 16 14 May 16 55 17 : 1 INTU28C1607A INTUCH 8 Jul 16 15 Jul 16 50 37 : 1 INTU42C1602A INTUCH 23 Feb 16 1 Mar 16 74.711 15.52554 : 1 INTU42P1602A INTUCH 23 Feb 16 1 Mar 16 74.711 8.73286 : 1 IRPC01C1602A IRPC 29 Feb 16 5 Mar 16 2.792 1.61421 : 1 IRPC01C1604A IRPC 27 Apr 16 5 May 16 3.323 1.89908 : 1 IRPC01C1607A IRPC 29 Jul 16 5 Aug 16 3.323 1.61421 : 1 IRPC01P1602A IRPC 29 Feb 16 5 Mar 16 3.893 1.13946 : 1 IRPC01P1604A IRPC 27 Apr 16 5 May 16 5.033 1.2344 : 1 IRPC01P1607A IRPC 29 Jul 16 5 Aug 16 4.653 1.13946 : 1 IRPC06C1602A IRPC 26 Feb 16 4 Mar 16 2.849 1.89908 : 1 IRPC06C1605A IRPC 31 May 16 7 Jun 16 3.323 1.70917 : 1 IRPC06P1605A IRPC 31 May 16 7 Jun 16 4.178 0.94954 : 1 IRPC08C1606A IRPC 29 Jun 16 7 Jul 16 4.368 1.0445 : 1 IRPC11C1604A IRPC 29 Apr 16 10 May 16 3.228 1.28188 : 1 IRPC13C1608A IRPC 16 Aug 16 23 Aug 16 3.418 1.89908 : 1 IRPC13P1602A IRPC 19 Feb 16 27 Feb 16 3.608 0.6172 : 1 IRPC23C1609A IRPC 8 Sep 16 15 Sep 16 4.463 2.18398 : 1 IRPC28C1605A IRPC 9 May 16 14 May 16 3.798 1.51927 : 1 ITD01C1602A ITD 29 Feb 16 5 Mar 16 6.5 4 : 1 ITD01C1604A ITD 27 Apr 16 5 May 16 7.4 4 : 1 ITD01C1606A ITD 29 Jun 16 7 Jul 16 5.6 3.5 : 1 ITD01P1602A ITD 29 Feb 16 5 Mar 16 9.5 2.6 : 1 ITD01P1604A ITD 27 Apr 16 5 May 16 10.4 2.8 : 1 ITD01P1606A ITD 29 Jun 16 7 Jul 16 8.4 2.6 : 1 ITD06C1608A ITD 31 Aug 16 7 Sep 16 6.5 4 : 1 ITD06P1602A ITD 26 Feb 16 4 Mar 16 8 2.5 : 1 ITD06P1608A ITD 31 Aug 16 7 Sep 16 7 2.25 : 1 ITD08C1602A ITD 26 Feb 16 4 Mar 16 9.15 2.45 : 1 ITD08C1608A ITD 30 Aug 16 6 Sep 16 7.5 3.15 : 1 ITD08P1602A ITD 26 Feb 16 4 Mar 16 6 1.15 : 1 ITD11C1602A ITD 26 Feb 16 4 Mar 16 6.5 3.28 : 1 ITD11C1608A ITD 31 Aug 16 7 Sep 16 6.3 3.45 : 1 ITD11P1602A ITD 26 Feb 16 4 Mar 16 9 2 : 1 ITD13C1606A ITD 22 Jun 16 29 Jun 16 8.5 2.5 : 1 ITD13P1602A ITD 19 Feb 16 27 Feb 16 6.2 1.29 : 1 ITD13P1607A ITD 21 Jul 16 28 Jul 16 6.5 2 : 1 ITD16C1604A ITD 20 Apr 16 27 Apr 16 7.45 3.75 : 1 ITD27C1605A ITD 16 May 16 24 May 16 7.4 3.2 : 1 ITD27P1605A ITD 24 May 16 31 May 16 7 1.8 : 1 ITD28C1605A ITD 9 May 16 14 May 16 7.8 3.5 : 1 ITD42C1609A ITD 27 Sep 16 4 Oct 16 10 3 : 1

Market Daily - 15

ITD42P1609A ITD 27 Sep 16 4 Oct 16 8 1.4 : 1 Derivative Warrants Stock Underlying Last Trading Date Expiration

Date Exercise


IVL01C1602A IVL 29 Feb 16 5 Mar 16 22.28 19.8059 : 1 IVL01C1606A IVL 29 Jun 16 7 Jul 16 17.2 8 : 1 IVL01P1602A IVL 29 Feb 16 5 Mar 16 30.698 14.85222 : 1 IVL01P1606A IVL 29 Jun 16 7 Jul 16 23.4 5.5 : 1 IVL06C1608A IVL 31 Aug 16 7 Sep 16 21.29 20.79434 : 1 IVL06P1608A IVL 31 Aug 16 7 Sep 16 27.727 10.89206 : 1

IVL08C1604A IVL 28 Apr 16 7 May 16 26 4.8 : 1 IVL08P1604A IVL 28 Apr 16 7 May 16 20 3.25 : 1 IVL11C1606A IVL 30 Jun 16 8 Jul 16 20.7 7 : 1 IVL11P1606A IVL 30 Jun 16 8 Jul 16 25.25 4.8 : 1 IVL13C1606A IVL 10 Jun 16 17 Jun 16 28 4.5 : 1 IVL23C1605A IVL 30 May 16 4 Jun 16 31.193 11.88354 : 1 IVL27C1607A IVL 22 Jul 16 29 Jul 16 23.5 12 : 1 IVL27P1607A IVL 22 Jul 16 29 Jul 16 20 3.1 : 1 IVL28C1604A IVL 1 Apr 16 9 Apr 16 26 19 : 1 IVL28C1605A IVL 3 May 16 12 May 16 25 5.8 : 1 IVL42C1611A IVL 29 Nov 16 7 Dec 16 27 16 : 1 JAS01C1603A JAS 30 Mar 16 6 Apr 16 3.63 3.54108 : 1 JAS01C1605A JAS 30 May 16 4 Jun 16 3.423 1.62117 : 1 JAS01P1603A JAS 30 Mar 16 6 Apr 16 5.311 2.65583 : 1 JAS01P1605A JAS 30 May 16 4 Jun 16 5.044 1.17086 : 1 JAS06C1701A JAS 31 Jan 17 7 Feb 17 4.19 3.2229 : 1 JAS06P1602A JAS 26 Feb 16 4 Mar 16 5.414 1.61147 : 1 JAS08C1602A JAS 26 Feb 16 4 Mar 16 5.311 2.25743 : 1 JAS08C1607A JAS 28 Jul 16 4 Aug 16 3.963 0.78358 : 1 JAS08P1602A JAS 26 Feb 16 4 Mar 16 3.806 1.06232 : 1 JAS08P1607A JAS 28 Jul 16 4 Aug 16 2.072 0.36026 : 1 JAS11C1603A JAS 31 Mar 16 8 Apr 16 4.337 3.09843 : 1 JAS13C1605A JAS 25 May 16 1 Jun 16 4.774 2.70205 : 1 JAS13C1606A JAS 23 Jun 16 30 Jun 16 4.323 1.0808 : 1 JAS13C1607A JAS 13 Jul 16 22 Jul 16 2.684 1.39602 : 1 JAS16C1602A JAS 26 Feb 16 4 Mar 16 3.669 3.19071 : 1 JAS23C1609A JAS 8 Sep 16 15 Sep 16 4.864 2.88209 : 1 JAS23P1609A JAS 8 Sep 16 15 Sep 16 4.548 2.61192 : 1 JAS24C1608A JAS 26 Aug 16 2 Sep 16 3.65 0.85 : 1 JAS27C1605A JAS 16 May 16 24 May 16 4.603 3.09847 : 1 JAS27C1609A JAS 23 Sep 16 30 Sep 16 2.522 1.2339 : 1 JAS27P1605A JAS 24 May 16 31 May 16 3.541 0.88527 : 1 JAS28C1604A JAS 1 Apr 16 9 Apr 16 4.458 1.17086 : 1 JAS28C1605A JAS 9 May 16 14 May 16 3.242 1.39603 : 1 JAS28C1607A JAS 4 Jul 16 9 Jul 16 5.754 3.36401 : 1 JAS42C1602A JAS 23 Feb 16 1 Mar 16 5.897 3.14535 : 1 JAS42P1602A JAS 23 Feb 16 1 Mar 16 5.897 1.76922 : 1

KBAN01C1602A KBANK 29 Feb 16 5 Mar 16 159.552 39.88831 : 1 KBAN01C1604A KBANK 27 Apr 16 5 May 16 148 40 : 1 KBAN01C1607A KBANK 29 Jul 16 5 Aug 16 149 40 : 1 KBAN01P1602A KBANK 29 Feb 16 5 Mar 16 211.406 32.90556 : 1 KBAN01P1604A KBANK 27 Apr 16 5 May 16 192 34 : 1 KBAN01P1607A KBANK 29 Jul 16 5 Aug 16 190 33 : 1 KBAN06C1701A KBANK 31 Jan 17 7 Feb 17 100 44 : 1 KBAN06P1701A KBANK 31 Jan 17 7 Feb 17 170 22 : 1 KBAN08C1605A KBANK 30 May 16 4 Jun 16 200 27.5 : 1 KBAN08P1602A KBANK 26 Feb 16 4 Mar 16 157.557 12.96359 : 1 KBAN13C1606A KBANK 22 Jun 16 29 Jun 16 130 48 : 1 KBAN13P1607A KBANK 21 Jul 16 28 Jul 16 168 25 : 1

Market Daily - 16

KBAN23C1603A KBANK 24 Mar 16 31 Mar 16 180.74 88.41733 : 1 Derivative Warrants Stock Underlying Last Trading Date Expiration

Date Exercise


KBAN23C1611A KBANK 30 Nov 16 8 Dec 16 190 25 : 1 KBAN23P1608A KBANK 31 Aug 16 7 Sep 16 145 20 : 1 KBAN24C1610A KBANK 26 Oct 16 2 Nov 16 178.75 26 : 1 KBAN28C1603A KBANK 1 Mar 16 8 Mar 16 180 35 : 1 KBAN28C1605A KBANK 9 May 16 14 May 16 165 33 : 1 KBAN28C1606A KBANK 3 Jun 16 10 Jun 16 180 50 : 1

KBAN28C1607A KBANK 4 Jul 16 9 Jul 16 229.356 79.77592 : 1 KBAN28P1604A KBANK 1 Apr 16 9 Apr 16 160 45 : 1 KBAN42C1611A KBANK 29 Nov 16 7 Dec 16 190 32 : 1 KCE01C1603A KCE 15 Mar 16 22 Mar 16 55 20 : 1 KCE08C1607A KCE 28 Jul 16 4 Aug 16 72 14.8 : 1 KCE11C1605A KCE 31 May 16 7 Jun 16 56 17.6 : 1 KCE18C1609A KCE 26 Sep 16 1 Oct 16 70 22 : 1 KCE42C1611A KCE 29 Nov 16 7 Dec 16 66 16 : 1 KKP42C1611A KKP 29 Nov 16 7 Dec 16 38 15 : 1 KTB01C1602A KTB 29 Feb 16 5 Mar 16 15.9 8 : 1 KTB01C1604A KTB 27 Apr 16 5 May 16 15 8 : 1 KTB01C1607A KTB 29 Jul 16 5 Aug 16 15.6 8 : 1 KTB01P1602A KTB 29 Feb 16 5 Mar 16 20.5 5.5 : 1 KTB01P1604A KTB 27 Apr 16 5 May 16 19.2 5.5 : 1 KTB01P1607A KTB 29 Jul 16 5 Aug 16 19.5 5 : 1 KTB06C1611A KTB 30 Nov 16 8 Dec 16 14 8 : 1 KTB08C1607A KTB 28 Jul 16 4 Aug 16 21 4.75 : 1 KTB11C1606A KTB 30 Jun 16 8 Jul 16 15.4 7 : 1 KTB11P1606A KTB 30 Jun 16 8 Jul 16 19 5 : 1 KTB13C1603A KTB 7 Mar 16 12 Mar 16 17 6 : 1 KTB13P1605A KTB 25 May 16 1 Jun 16 16.7 3.65 : 1 KTB23C1605A KTB 11 May 16 18 May 16 20.9 4 : 1 KTB23P1603A KTB 24 Mar 16 31 Mar 16 15.5 3 : 1 KTB27C1605A KTB 16 May 16 24 May 16 18 5.7 : 1 KTB28C1603A KTB 1 Mar 16 8 Mar 16 18 7 : 1 KTB28C1605A KTB 9 May 16 14 May 16 16 7.5 : 1 KTB42C1611A KTB 29 Nov 16 7 Dec 16 19 6 : 1 KTC01C1602A KTC 29 Feb 16 5 Mar 16 71.228 19.24928 : 1 KTC01C1607A KTC 29 Jul 16 5 Aug 16 77.003 19.24928 : 1 KTC06C1611A KTC 30 Nov 16 8 Dec 16 77.003 38.50597 : 1 KTC08C1607A KTC 28 Jul 16 4 Aug 16 78.928 18.76945 : 1 KTC11C1607A KTC 29 Jul 16 5 Aug 16 81.815 16.36311 : 1 KTC13C1603A KTC 9 Mar 16 16 Mar 16 110.692 24.0616 : 1 KTC13C1608A KTC 16 Aug 16 23 Aug 16 91.441 25.98753 : 1 KTC27C1603A KTC 17 Mar 16 24 Mar 16 96.254 28.8767 : 1 KTIS06C1602A KTIS 26 Feb 16 4 Mar 16 8.838 9.82029 : 1 KTIS42C1607A KTIS 26 Jul 16 2 Aug 16 9 3.2 : 1 LH01C1603A LH 15 Mar 16 22 Mar 16 7.7 4 : 1 LH01P1603A LH 15 Mar 16 22 Mar 16 10.3 3 : 1 LH11C1605A LH 31 May 16 7 Jun 16 7.65 3.4 : 1 LH42C1602A LH 23 Feb 16 1 Mar 16 8.713 3.09809 : 1 LH42P1602A LH 23 Feb 16 1 Mar 16 9.682 1.9363 : 1

LHBA42C1603A LHBANK 29 Mar 16 5 Apr 16 1.84 0.7 : 1 LPN01C1603A LPN 15 Mar 16 22 Mar 16 14.826 7.65228 : 1 LPN01P1603A LPN 15 Mar 16 22 Mar 16 18.652 5.26094 : 1 LPN06C1609A LPN 30 Sep 16 7 Oct 16 12.435 7.65228 : 1 LPN08C1607A LPN 28 Jul 16 4 Aug 16 15.783 5.45217 : 1 LPN11C1605A LPN 31 May 16 7 Jun 16 15.495 6.6 : 1 LPN23C1611A LPN 30 Nov 16 8 Dec 16 19.13 3.92172 : 1

Market Daily - 17

LPN42C1611A LPN 29 Nov 16 7 Dec 16 19.13 5.73888 : 1 Derivative Warrants Stock Underlying Last Trading Date Expiration

Date Exercise


M42C1609A M 27 Sep 16 4 Oct 16 60 15 : 1 MAJO11C1607A MAJOR 29 Jul 16 5 Aug 16 29 17 : 1 MAJO23C1605A MAJOR 30 May 16 4 Jun 16 34.394 15.72327 : 1 MAJO42C1603A MAJOR 29 Mar 16 5 Apr 16 30.463 16.70565 : 1

MC27C1603A MC 17 Mar 16 24 Mar 16 14.392 6.32071 : 1 MC42C1607A MC 26 Jul 16 2 Aug 16 14.587 6.22355 : 1

MCOT42C1602A MCOT 23 Feb 16 1 Mar 16 14.677 7.82779 : 1 MEGA13C1606A MEGA 24 Jun 16 1 Jul 16 21.79 5.64557 : 1 MEGA42C1607A MEGA 26 Jul 16 2 Aug 16 18.819 6.93337 : 1 MINT01C1604A MINT 18 Apr 16 23 Apr 16 29 20 : 1 MINT01P1604A MINT 18 Apr 16 23 Apr 16 39 14 : 1 MINT06C1603A MINT 31 Mar 16 8 Apr 16 24.374 20.75981 : 1 MINT06C1702A MINT 28 Feb 17 7 Mar 17 27 20 : 1 MINT08C1607A MINT 28 Jul 16 4 Aug 16 38.5 13.8 : 1 MINT11C1607A MINT 29 Jul 16 5 Aug 16 29.5 17 : 1 MINT11P1607A MINT 29 Jul 16 5 Aug 16 37 13 : 1 MINT13C1606A MINT 23 Jun 16 30 Jun 16 36.75 13.6 : 1 MINT18C1609A MINT 26 Sep 16 1 Oct 16 30 9 : 1 MINT23C1608A MINT 31 Aug 16 7 Sep 16 40 12 : 1 MINT27C1608A MINT 24 Aug 16 31 Aug 16 30 17.5 : 1 MINT28C1605A MINT 3 May 16 12 May 16 35 18 : 1 MINT42C1602A MINT 23 Feb 16 1 Mar 16 30 16 : 1 MINT42P1602A MINT 23 Feb 16 1 Mar 16 32 10 : 1 NOK42C1602A NOK 23 Feb 16 1 Mar 16 13 7 : 1 PLAN06C1702A PLANB 28 Feb 17 7 Mar 17 4.8 4 : 1 PLAN08C1608A PLANB 30 Aug 16 6 Sep 16 6.1 3.7 : 1

PS01C1603A PS 15 Mar 16 22 Mar 16 23.8 20 : 1 PS01P1603A PS 15 Mar 16 22 Mar 16 32 14 : 1 PS06C1609A PS 30 Sep 16 7 Oct 16 20.635 19.65409 : 1 PS08C1605A PS 30 May 16 4 Jun 16 31 13.5 : 1 PS11C1607A PS 29 Jul 16 5 Aug 16 23.4 17 : 1 PS13C1603A PS 16 Mar 16 23 Mar 16 30.952 13.46257 : 1 PS23C1605A PS 30 May 16 4 Jun 16 29.478 11.79245 : 1 PS27C1605A PS 16 May 16 24 May 16 26.53 14.73839 : 1 PS28C1603A PS 1 Mar 16 8 Mar 16 27.513 18.17827 : 1 PS28C1609A PS 5 Sep 16 10 Sep 16 28 20 : 1 PS42C1611A PS 29 Nov 16 7 Dec 16 32 15 : 1

PSL11C1602A PSL 26 Feb 16 4 Mar 16 7.9 3.5 : 1 PSL42C1611A PSL 29 Nov 16 7 Dec 16 8 3 : 1 PTG01C1607A PTG 29 Jul 16 5 Aug 16 11.4 8 : 1 PTG06C1711A PTG 30 Nov 17 8 Dec 17 7 8.5 : 1 PTG27C1609A PTG 23 Sep 16 30 Sep 16 12 7 : 1 PTT01C1602A PTT 29 Feb 16 5 Mar 16 293.156 78.18608 : 1 PTT01C1604A PTT 27 Apr 16 5 May 16 235 80 : 1 PTT01C1606A PTT 29 Jun 16 7 Jul 16 155 90 : 1 PTT01P1602A PTT 29 Feb 16 5 Mar 16 390.875 56.68934 : 1 PTT01P1604A PTT 27 Apr 16 5 May 16 310 60 : 1 PTT01P1606A PTT 29 Jun 16 7 Jul 16 240 60 : 1 PTT06C1611A PTT 30 Nov 16 8 Dec 16 210 80 : 1 PTT06P1611A PTT 30 Nov 16 8 Dec 16 240 45 : 1 PTT08C1602A PTT 26 Feb 16 4 Mar 16 342.015 48.85932 : 1 PTT08C1607A PTT 28 Jul 16 4 Aug 16 280 57 : 1 PTT08C1608A PTT 30 Aug 16 6 Sep 16 190 82 : 1 PTT08P1602A PTT 26 Feb 16 4 Mar 16 283.384 29.31559 : 1 PTT08P1608A PTT 30 Aug 16 6 Sep 16 240 55 : 1

Market Daily - 18

PTT11C1603A PTT 31 Mar 16 8 Apr 16 220 74.5 : 1 Derivative Warrants Stock Underlying Last Trading Date Expiration

Date Exercise


PTT11P1602A PTT 26 Feb 16 4 Mar 16 302.927 57.45855 : 1 PTT13C1603A PTT 7 Mar 16 12 Mar 16 250 58 : 1 PTT13C1604A PTT 1 Apr 16 9 Apr 16 320 51 : 1 PTT13C1607A PTT 5 Jul 16 12 Jul 16 200 90 : 1 PTT13P1606A PTT 1 Jun 16 8 Jun 16 250 35 : 1 PTT13P1607A PTT 5 Jul 16 12 Jul 16 260 60 : 1

PTT23C1603A PTT 24 Mar 16 31 Mar 16 250.928 75.75758 : 1 PTT23C1611A PTT 30 Nov 16 8 Dec 16 280 45 : 1 PTT23P1608A PTT 31 Aug 16 7 Sep 16 230 37 : 1 PTT27C1607A PTT 22 Jul 16 29 Jul 16 257 65 : 1 PTT27P1607A PTT 22 Jul 16 29 Jul 16 250 28 : 1 PTT28C1605A PTT 9 May 16 14 May 16 242 60 : 1 PTT28C1606A PTT 3 Jun 16 10 Jun 16 260 105 : 1 PTT28C1607A PTT 4 Jul 16 9 Jul 16 371.331 107.49046 : 1 PTT28P1609A PTT 2 Sep 16 9 Sep 16 190 75 : 1 PTT42C1603A PTT 29 Mar 16 5 Apr 16 332.243 62.53909 : 1 PTT42P1611A PTT 29 Nov 16 7 Dec 16 260 30 : 1

PTTE01C1603A PTTEP 30 Mar 16 6 Apr 16 56.991 19.31994 : 1 PTTE01C1605A PTTEP 30 May 16 4 Jun 16 51.196 19.31994 : 1 PTTE01P1603A PTTEP 30 Mar 16 6 Apr 16 76.311 12.55808 : 1 PTTE01P1605A PTTEP 30 May 16 4 Jun 16 70.515 13.52265 : 1 PTTE06C1609A PTTEP 30 Sep 16 7 Oct 16 57.957 20.28398 : 1 PTTE06P1602A PTTEP 26 Feb 16 4 Mar 16 113.196 23.58491 : 1 PTTE06P1609A PTTEP 30 Sep 16 7 Oct 16 59 11 : 1 PTTE08C1607A PTTEP 28 Jul 16 4 Aug 16 77.76 13.81319 : 1 PTTE08C1608A PTTEP 30 Aug 16 6 Sep 16 65 16 : 1 PTTE08P1608A PTTEP 30 Aug 16 6 Sep 16 50.23 13.5234 : 1 PTTE11C1604A PTTEP 29 Apr 16 10 May 16 59.889 17.48382 : 1 PTTE11P1604A PTTEP 29 Apr 16 10 May 16 77.276 11.68808 : 1 PTTE13C1605A PTTEP 25 May 16 1 Jun 16 71.481 12.55808 : 1 PTTE13P1604A PTTEP 5 Apr 16 13 Apr 16 65.685 7.72738 : 1 PTTE16C1612A PTTEP 16 Dec 16 23 Dec 16 65.685 20.28398 : 1 PTTE18C1605A PTTEP 31 May 16 7 Jun 16 67.617 24.14894 : 1 PTTE23C1605A PTTEP 11 May 16 18 May 16 128.015 16.24168 : 1 PTTE23C1611A PTTEP 30 Nov 16 8 Dec 16 72 9.7 : 1 PTTE23P1608A PTTEP 31 Aug 16 7 Sep 16 50.23 8.21018 : 1 PTTE27C1605A PTTEP 24 May 16 31 May 16 80.174 14.87431 : 1 PTTE28C1607A PTTEP 4 Jul 16 9 Jul 16 86.936 14.48936 : 1 PTTE28C1608A PTTEP 2 Aug 16 9 Aug 16 48.298 31.87658 : 1 PTTE28P1604A PTTEP 1 Apr 16 9 Apr 16 61.821 20.2851 : 1 PTTE42C1602A PTTEP 23 Feb 16 1 Mar 16 100.311 30.57169 : 1 PTTE42P1602A PTTEP 23 Feb 16 1 Mar 16 114.641 21.01723 : 1 PTTG01C1605A PTTGC 30 May 16 4 Jun 16 43.951 19.53507 : 1 PTTG01P1605A PTTGC 30 May 16 4 Jun 16 58.601 13.67241 : 1 PTTG06C1609A PTTGC 30 Sep 16 7 Oct 16 41.997 20.50861 : 1 PTTG06P1609A PTTGC 30 Sep 16 7 Oct 16 54.694 9.76658 : 1 PTTG08C1607A PTTGC 28 Jul 16 4 Aug 16 58.113 13.86888 : 1 PTTG08C1608A PTTGC 30 Aug 16 6 Sep 16 43.951 17.58027 : 1 PTTG08P1602A PTTGC 26 Feb 16 4 Mar 16 50.413 5.42185 : 1 PTTG08P1608A PTTGC 30 Aug 16 6 Sep 16 48.834 11.72018 : 1 PTTG11C1607A PTTGC 29 Jul 16 5 Aug 16 43.95 16.60358 : 1 PTTG11P1607A PTTGC 29 Jul 16 5 Aug 16 53.717 11.72017 : 1 PTTG13C1606A PTTGC 10 Jun 16 17 Jun 16 64.461 11.72058 : 1 PTTG16C1602A PTTGC 26 Feb 16 4 Mar 16 57.072 17.12036 : 1 PTTG18C1605A PTTGC 31 May 16 7 Jun 16 50.787 19.53363 : 1

Market Daily - 19

PTTG23C1605A PTTGC 18 May 16 26 May 16 42.995 20.56767 : 1 Derivative Warrants Stock Underlying Last Trading Date Expiration

Date Exercise


PTTG27C1605A PTTGC 24 May 16 31 May 16 55.671 15.62744 : 1 PTTG28C1606A PTTGC 3 Jun 16 10 Jun 16 43.951 19.53364 : 1 PTTG42C1609A PTTGC 27 Sep 16 4 Oct 16 63.484 14.64987 : 1 PTTG42P1609A PTTGC 27 Sep 16 4 Oct 16 55.671 7.81372 : 1

QH01C1605A QH 30 May 16 4 Jun 16 1.7 1.7 : 1 QH01P1605A QH 30 May 16 4 Jun 16 2.5 1.25 : 1

QH08C1605A QH 30 May 16 4 Jun 16 2.8 1.11 : 1 QH11C1607A QH 29 Jul 16 5 Aug 16 2.06 1.3 : 1 QH13C1603A QH 24 Mar 16 31 Mar 16 2.3 1.48 : 1 QH16C1612A QH 16 Dec 16 23 Dec 16 2.1 1.5 : 1 QH23C1603A QH 24 Mar 16 31 Mar 16 2.707 1.50387 : 1 QH23C1611A QH 30 Nov 16 8 Dec 16 3 0.82 : 1 QH28C1603A QH 1 Mar 16 8 Mar 16 2.2 1.6 : 1 QH28C1608A QH 5 Aug 16 12 Aug 16 2.24 1.7 : 1 QH42C1611A QH 29 Nov 16 7 Dec 16 2.8 1.3 : 1

RATC42C1609A RATCH 27 Sep 16 4 Oct 16 60 14 : 1 ROBI01C1604A ROBINS 27 Apr 16 5 May 16 35 20 : 1 ROBI08C1607A ROBINS 28 Jul 16 4 Aug 16 44 14.5 : 1 ROBI11C1606A ROBINS 30 Jun 16 8 Jul 16 37 17 : 1 ROBI27C1606A ROBINS 23 Jun 16 30 Jun 16 43.5 16 : 1 ROBI42C1609A ROBINS 27 Sep 16 4 Oct 16 45 14 : 1 RS01C1602A RS 29 Feb 16 5 Mar 16 9.7 8 : 1 RS01C1606A RS 29 Jun 16 7 Jul 16 9 8 : 1 RS01P1602A RS 29 Feb 16 5 Mar 16 13.5 5.5 : 1 RS01P1606A RS 29 Jun 16 7 Jul 16 11 3 : 1 RS06C1702A RS 28 Feb 17 7 Mar 17 8 4 : 1 RS08C1605A RS 30 May 16 4 Jun 16 12.5 5.7 : 1 RS27C1608A RS 24 Aug 16 31 Aug 16 12.5 6.8 : 1 RS42C1611A RS 29 Nov 16 7 Dec 16 13.5 6.4 : 1 S01C1604A S 18 Apr 16 23 Apr 16 6.7 4 : 1 S23C1609A S 8 Sep 16 15 Sep 16 8.65 3 : 1

S5001C1602A SET50 29 Feb 16 5 Mar 16 830 0.005 S5001C1602B SET50 29 Feb 16 5 Mar 16 735 0.00769 S5001C1603F SET50 30 Mar 16 6 Apr 16 845 0.01818 S5001C1603G SET50 30 Mar 16 6 Apr 16 720 0.01667 S5001C1604A SET50 27 Apr 16 5 May 16 680 0.00769 S5001P1602A SET50 29 Feb 16 5 Mar 16 1010 0.00571 S5001P1602B SET50 29 Feb 16 5 Mar 16 830 0.02 S5001P1603F SET50 30 Mar 16 6 Apr 16 865 0.02222 S5001P1603G SET50 30 Mar 16 6 Apr 16 760 0.02 S5001P1604A SET50 27 Apr 16 5 May 16 820 0.01 S5006C1603A SET50 30 Mar 16 6 Apr 16 900 0.0087 S5006C1606A SET50 29 Jun 16 7 Jul 16 750 0.01538 S5006P1603A SET50 30 Mar 16 6 Apr 16 900 0.0087 S5006P1606A SET50 29 Jun 16 7 Jul 16 750 0.01538 S5013C1602A SET50 26 Feb 16 4 Mar 16 950 0.0303 S5013C1603A SET50 30 Mar 16 6 Apr 16 850 0.02 S5013C1603B SET50 30 Mar 16 6 Apr 16 875 0.0625 S5013C1603C SET50 30 Mar 16 6 Apr 16 780 0.01429 S5013C1606A SET50 29 Jun 16 7 Jul 16 775 0.0122 S5013C1606B SET50 29 Jun 16 7 Jul 16 925 0.05 S5013P1602A SET50 26 Feb 16 4 Mar 16 875 0.01471 S5013P1603A SET50 30 Mar 16 6 Apr 16 800 0.01724 S5013P1603B SET50 30 Mar 16 6 Apr 16 700 0.08333 S5013P1606A SET50 29 Jun 16 7 Jul 16 875 0.01389

Market Daily - 20

S5013P1606B SET50 29 Jun 16 7 Jul 16 725 0.07143 Derivative Warrants Stock Underlying Last Trading Date Expiration

Date Exercise


S5028C1602A SET50 26 Feb 16 4 Mar 16 800 0.01429 S5028C1602B SET50 26 Feb 16 4 Mar 16 860 0.01429 S5028C1603A SET50 30 Mar 16 6 Apr 16 760 0.01429 S5028C1603B SET50 30 Mar 16 6 Apr 16 810 0.01429 S5028C1604A SET50 28 Apr 16 10 May 16 840 0.01429 S5028C1604B SET50 28 Apr 16 10 May 16 790 0.01429 S5028P1602A SET50 26 Feb 16 4 Mar 16 840 0.01667 S5028P1602B SET50 26 Feb 16 4 Mar 16 780 0.01667 S5028P1603A SET50 30 Mar 16 6 Apr 16 770 0.01667 S5028P1603B SET50 30 Mar 16 6 Apr 16 720 0.01667 S5028P1604A SET50 28 Apr 16 10 May 16 810 0.01667 S5028P1604B SET50 28 Apr 16 10 May 16 760 0.01667

SAMA01C1602A SAMART 29 Feb 16 5 Mar 16 17.717 7.87464 : 1 SAMA01C1606A SAMART 29 Jun 16 7 Jul 16 13.8 8 : 1 SAMA01P1602A SAMART 29 Feb 16 5 Mar 16 22.639 5.4136 : 1 SAMA01P1606A SAMART 29 Jun 16 7 Jul 16 18.4 5.5 : 1 SAMA06C1603A SAMART 31 Mar 16 8 Apr 16 26.576 22.6398 : 1 SAMA06C1702A SAMART 28 Feb 17 7 Mar 17 14 8 : 1 SAMA08C1605A SAMART 30 May 16 4 Jun 16 21.4 6 : 1 SAMA11C1603A SAMART 31 Mar 16 8 Apr 16 19 6.9 : 1 SAMA13C1605A SAMART 25 May 16 1 Jun 16 19.9 5.5 : 1 SAMA27C1603A SAMART 17 Mar 16 24 Mar 16 25.592 16.7336 : 1 SAMA27C1608A SAMART 17 Aug 16 24 Aug 16 17.3 6.7 : 1 SAMA28C1604A SAMART 1 Apr 16 9 Apr 16 23 6 : 1 SAMA28C1605A SAMART 9 May 16 14 May 16 16.5 6.8 : 1 SAMA42C1609A SAMART 27 Sep 16 4 Oct 16 25 6.4 : 1 SAWA01C1602A SAWAD 29 Feb 16 5 Mar 16 32 20 : 1 SAWA01C1606A SAWAD 29 Jun 16 7 Jul 16 37 20 : 1 SAWA01P1602A SAWAD 29 Feb 16 5 Mar 16 44 14 : 1 SAWA01P1606A SAWAD 29 Jun 16 7 Jul 16 51 14 : 1 SAWA06C1606A SAWAD 30 Jun 16 8 Jul 16 29 21 : 1 SAWA08C1605A SAWAD 30 May 16 4 Jun 16 42 14.6 : 1 SAWA11C1605A SAWAD 31 May 16 7 Jun 16 36.25 17.8 : 1 SAWA13C1605A SAWAD 24 May 16 31 May 16 46 14.6 : 1 SAWA23C1605A SAWAD 30 May 16 4 Jun 16 45 31 : 1 SCB01C1602A SCB 29 Feb 16 5 Mar 16 124 40 : 1 SCB01C1604A SCB 27 Apr 16 5 May 16 118 40 : 1 SCB01C1607A SCB 29 Jul 16 5 Aug 16 114 40 : 1 SCB01P1602A SCB 29 Feb 16 5 Mar 16 160 30 : 1 SCB01P1604A SCB 27 Apr 16 5 May 16 154 34 : 1 SCB01P1607A SCB 29 Jul 16 5 Aug 16 149 30 : 1 SCB06C1609A SCB 30 Sep 16 7 Oct 16 144.729 48.23927 : 1 SCB08C1606A SCB 29 Jun 16 7 Jul 16 145 28 : 1 SCB11C1606A SCB 30 Jun 16 8 Jul 16 120 35 : 1 SCB11P1606A SCB 30 Jun 16 8 Jul 16 146 24 : 1 SCB13C1605A SCB 25 May 16 1 Jun 16 138 29 : 1 SCB13P1603A SCB 9 Mar 16 16 Mar 16 135 18 : 1 SCB16C1602A SCB 26 Feb 16 4 Mar 16 142.463 39.57262 : 1 SCB28C1604A SCB 1 Apr 16 9 Apr 16 140 30 : 1 SCB28C1608A SCB 2 Aug 16 9 Aug 16 130 47 : 1 SCB28P1610A SCB 7 Oct 16 14 Oct 16 125 43 : 1 SCB42C1602A SCB 23 Feb 16 1 Mar 16 148.399 31.65559 : 1 SCB42P1602A SCB 23 Feb 16 1 Mar 16 168.185 21.76752 : 1 SCC01C1605A SCC 30 May 16 4 Jun 16 370 150 : 1 SCC01P1605A SCC 30 May 16 4 Jun 16 490 120 : 1

Market Daily - 21

SCC06C1611A SCC 30 Nov 16 8 Dec 16 380 162 : 1 Derivative Warrants Stock Underlying Last Trading Date Expiration

Date Exercise


SCC08C1604A SCC 28 Apr 16 7 May 16 530 104 : 1 SCC08P1604A SCC 28 Apr 16 7 May 16 456 69 : 1 SCC11C1606A SCC 30 Jun 16 8 Jul 16 430 134.8 : 1 SCC11P1606A SCC 30 Jun 16 8 Jul 16 510 96 : 1 SCC13C1603A SCC 21 Mar 16 26 Mar 16 500 114 : 1 SCC13C1607A SCC 13 Jul 16 22 Jul 16 400 162 : 1 SCC13P1603A SCC 21 Mar 16 26 Mar 16 470 82 : 1 SCC23C1604A SCC 21 Apr 16 28 Apr 16 350.014 310.55901 : 1 SCC23P1608A SCC 31 Aug 16 7 Sep 16 440 69 : 1 SCC28C1603A SCC 1 Mar 16 8 Mar 16 456 165 : 1 SCC28C1607A SCC 8 Jul 16 15 Jul 16 410 160 : 1 SCC42C1611A SCC 29 Nov 16 7 Dec 16 500 120 : 1 SCC42P1611A SCC 29 Nov 16 7 Dec 16 460 64 : 1

SCCC42C1607A SCCC 26 Jul 16 2 Aug 16 371.694 62.57822 : 1 SGP23C1604A SGP 21 Apr 16 28 Apr 16 11.9 6 : 1 SGP42C1607A SGP 26 Jul 16 2 Aug 16 10.804 6.87474 : 1 SIM13C1606A SIM 24 Jun 16 1 Jul 16 2.974 1.09041 : 1 SIM42C1607A SIM 26 Jul 16 2 Aug 16 2.181 1.38779 : 1 SIRI01C1603A SIRI 15 Mar 16 22 Mar 16 1.52 0.8 : 1 SIRI01P1603A SIRI 15 Mar 16 22 Mar 16 2 0.5 : 1 SIRI06C1606A SIRI 30 Jun 16 8 Jul 16 1.3 0.9 : 1 SIRI08C1602A SIRI 26 Feb 16 4 Mar 16 2 0.46 : 1 SIRI08C1608A SIRI 30 Aug 16 6 Sep 16 1.7 0.56 : 1 SIRI08P1602A SIRI 26 Feb 16 4 Mar 16 1.5 0.29 : 1 SIRI27C1603A SIRI 17 Mar 16 24 Mar 16 1.9 0.6 : 1 SIRI28C1604A SIRI 1 Apr 16 9 Apr 16 1.8 0.62 : 1 SIRI42C1611A SIRI 29 Nov 16 7 Dec 16 1.85 0.64 : 1

SPAL01C1604A SPALI 18 Apr 16 23 Apr 16 16.8 8 : 1 SPAL01P1604A SPALI 18 Apr 16 23 Apr 16 21 5.5 : 1 SPAL06C1603A SPALI 31 Mar 16 8 Apr 16 17.467 8.73362 : 1 SPAL06C1702A SPALI 28 Feb 17 7 Mar 17 14 8 : 1 SPAL08C1602A SPALI 26 Feb 16 4 Mar 16 21.349 3.88166 : 1 SPAL08C1608A SPALI 30 Aug 16 6 Sep 16 21 5.6 : 1 SPAL08P1602A SPALI 26 Feb 16 4 Mar 16 15.527 2.91124 : 1 SPAL11C1602A SPALI 26 Feb 16 4 Mar 16 16.011 6.79289 : 1


Market Daily - 22

Bualuang Securities Public Company Limited

BUALUANG SECURITIES PUBLIC COMPANY LIMITED (BLS) is a subsidiary of BANGKOK BANK PUBLIC COMPANY LIMITED (BBL). This document is produced based upon sources believed to be reliable but their accuracy, completeness or correctness is not guaranteed. The statements or expressions of opinion herein were arrived at after due and careful consideration to use as information for investment. Expressions of opinion contained herein are subject to change without notice. This document is not, and should not be construed as, an offer or the solicitation of an offer to buy or sell any securities. The use of any information shall be at the sole discretion and risk of the user.

BUALUANG SECURITIES PUBLIC COMPANY LIMITED MAY BE IN RELATIONSHIP WITH THE SECURITIES IN THIS REPORT. “Opinions, projections and other information contained in this report are based upon sources believed to be accurate including the draft prospectus, but no responsibility is accepted for any loss occasioned by reliance placed upon the contents hereof. Bualuang Securities Public Company Limited may from time to time perform investment, advisory or other services for companies mentioned in this report, as well as dealing (as principal or otherwise) in, or otherwise being interested in, any securities mentioned herein, This report does not constitute a solicitation to buy or sell any securities”. Investors should carefully read details in the prospectus before making investment decision.

BUALUANG SECURITIES PUBLIC COMPANY LIMITED MAY ACT AS MARKET MAKER AND ISSUER OF DWs, AND ISSUER OF STRUCTURED NOTES ON THESE SECURITIES. The company may prepare the research reports on those underlying securities. Investors should carefully read the details of the derivative warrants and structured notes in the prospectus before making investment decisions.

BUALUANG SECURITIES PUBLIC COMPANY LIMITED IS OR MAY BE AN UNDERWRITER/CO-UNDERWRITER/JOINT LEAD IN RESPECT OF THE INITIAL PUBLIC OFFERING (“IPO”) OF SECURITIES.

Financial Advisor Lead underwriter/

Underwriter/ Co-underwriter

CG Rating

Score Range Score Range Description

90 – 100 Excellent 80 – 89 Very Good 70 – 79 Good 60 – 69 Satisfactory

50 – 00359 Pass Below 50 No logo given N/A

Anti-Corruption Progress Indicator

Level Description

5 Extended

4 Certified

3B Established by Commitment and Policy

3A Established by Declaration of Intent

2 Declared

1 Committed Partially progress Partially progress

No progress No progress

DISCLAIMER

Market Daily - 23

CORPORATE GOVERNANCE REPORT DISCLAIMER

This research report was prepared by Bualuang Securities Public Company Limited and refers to research prepared by Morgan Stanley. Morgan Stanley does not warrant or guarantee the accuracy or completeness of its research reports. Morgan Stanley reserves copyright and other proprietary rights in the material reproduced in this report. Morgan Stanley is under no obligation to inform Bualuang Securities or you if the views or information referred to or reproduced in this research report change.

Corporate Governance Report disclaimer

The disclosure of the survey result of the Thai Institute of Directors Association (“IOD”) regarding corporate governance is made pursuant to the policy of the Office of the Securities and Exchange Commission. The survey of the IOD is based on the information of a company listed on the Stock Exchange of Thailand and the Market for Alternative Investment disclosed to the public and able to be accessed by a general public investor. The result, therefore, is from the perspective of a third party. It is not an evaluation of operation and is not based on inside information. The survey result is as of the date appearing in the Corporate Governance Report of Thai Listed Companies. As a result, the survey result may be changed after that date. Bualuang Securities Public Company Limited does not conform nor certify the accuracy of such survey result. "Disclaimer: The disclosure of the Anti-Corruption Progress Indicators of a listed company on the Stock Exchange of Thailand, which is assessed by the relevant institution as disclosed by the Office of the Securities and Exchange Commission, is made in order to comply with the policy and sustainable development plan for the listed companies. The relevant institution made this assessment based on the information received from the listed company, as stipulated in the form for the assessment of Anti-corruption which refers to the Annual Registration Statement (Form 56-1), Annual Report (Form 56-2), or other relevant documents or reports of such listed company . The assessment result is therefore made from the perspective of a third party. It is not an assessment of operation and is not based on any inside information. Since this assessment is only the assessment result as of the date appearing in the assessment result, it may be changed after that date or when there is any change to the relevant information. Nevertheless, [•] Securities Company Limited does not confirm, verify, or certify the accuracy and completeness of the assessment result."

BUALUANG RESEARCH – RECOMMENDATION FRAMEWORK STOCK RECOMMENDATIONS BUY: Expected positive total returns of 15% or more over the next 12 months. HOLD: Expected total returns of between -15% and +15% over the next 12 months. SELL: Expected negative total returns of 15% or more over the next 12 months. TRADING BUY: Expected positive total returns of 15% or more over the next 3 months.

SECTOR RECOMMENDATIONS OVERWEIGHT: The industry, as defined by the analyst's coverage universe, is expected to outperform the relevant primary market index over the next 12 months. NEUTRAL: The industry, as defined by the analyst's coverage universe, is expected to perform in line with the relevant primary market index over the next 12 months. UNDERWEIGHT: The industry, as defined by the analyst's coverage universe, is expected to underperform the relevant primary market index over the next 12 months.

market daily - bualuangresearch2.bualuang.co.th/upload/daily160226.pdf · see disclaimer at the end...

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