Songkran festival

Broker's Calls

The absence of Songkran cheer may have 'limited' impact on ThaiBev: RHB

SINGAPORE (April 16): The postponement of the Songkran festival, a popular Thai national holiday, including the ban of alcohol sales, are expected to hit the sales of Thai Beverage’s (ThaiBev) alcoholic drinks. 

Broker's Calls

More cheer for ThaiBev as it gets high on beer

SINGAPORE (July 3): The worst is over for Thai Beverage in view of a marked recovery in Thailand’s beer consumption data, says RHB Research, which has maintained its "buy" rating on the counter with a $1.10 price target estimate.
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