Thai Beverage (ThaiBev)

Broker's Calls

Analysts positive on ThaiBev after 1HFY2023 results beat expectations

Analysts from UOB Kay Hian and CGS-CIMB have maintained their “buy” and “add” ratings with TPs of 75 cents and 88 cents.
DBS keeps 'buy' call on ThaiBev, calling it the undisputed market leader in SEA - THE EDGE SINGAPORE

Broker's Calls

DBS keeps 'buy' call on ThaiBev, calling it the undisputed market leader in SEA

DBS keeps 'buy' call on ThaiBev, calling it the undisputed market leader in SEA
ThaiBev to delist Oishi Group from Thai stock exchange - THE EDGE SINGAPORE

Delistings

ThaiBev to delist Oishi Group from Thai stock exchange

ThaiBev is seeking to offer 59 baht ($2.29) per share for the 76.3 million shares it does not own in Oishi Group.

Broker's Calls

Resilience and recovery the theme for top ten 2023 regional equity picks: DBS

DBS' top 10 regional picks for 2023 includes Singapore Airlines, CapitaLand China Trust, SEA Limited and ThaiBev.
Higher dividends in FY2022 and 'year of growth' ahead for ThaiBev: PhillipCapital - THE EDGE SINGAPORE

Broker's Calls

Higher dividends in FY2022 and 'year of growth' ahead for ThaiBev: PhillipCapital

ThaiBev reported earnings of 30.1 billion baht ($1.16 billion) for FY2022, up 22% over FY2021.

Broker's Calls

Broker's Digest: Thai Beverage, China Sunsine, Far East Hospitality Trust

Stocks to watch this week: Thai Beverage, China Sunsine, Far East Hospitality Trust

Broker's Calls

DBS re-initiates 'buy' on ThaiBev, calling it one of the 'most valuable' large-cap Asean F&B counters

“We project [ThaiBev’s] upcoming 2HFY2022/FY2022 net profit to show [around] 4%/9% y-o-y growth," says DBS's Andy Sim.
ThaiBev's Sabeco expected to help boost upcoming FY2022 results: CGS-CIMB - THE EDGE SINGAPORE

Broker's Calls

ThaiBev's Sabeco expected to help boost upcoming FY2022 results: CGS-CIMB

CGS-CIMB: “We think Sabeco’s 3QFY2022 results could be a slight positive read-through to ThaiBev’s upcoming FY2022."

Broker's Calls

ThaiBev's recovery seems to be on track: UOBKH

The reopening has quenched ThaiBev's thirst for growth.

Broker's Calls

UOB Kay Hian, OCBC analysts find ThaiBev’s valuation attractive and undemanding amid 'solid' 3QFY2022 results

UOB Kay Hian has, however, lowered its TP to 89 cents, while OCBC has retained its TP of 88 cents.
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