Thai Beverage

Sheng Siong and ThaiBev deemed as RHB's 12 'diamonds' across the region - THE EDGE SINGAPORE

Broker's Calls

Sheng Siong and ThaiBev deemed as RHB's 12 'diamonds' across the region

According to RHB, these 12 'diamonds' each have an ROE of 15% or more
DBS and CGS-CIMB say cheers to ThaiBev following 1QFY2023 update - THE EDGE SINGAPORE

Broker's Calls

DBS and CGS-CIMB say cheers to ThaiBev following 1QFY2023 update

"We continue to like THBEV as a proxy to Thailand’s economic recovery and improving consumer sentiment," says CGS-CIMB
Analysts keep 'buy' call on ThaiBev following FY2022 earnings improvement - THE EDGE SINGAPORE

Broker's Calls

Analysts keep 'buy' call on ThaiBev following FY2022 earnings improvement

The market has not priced in ThaiBev's potential as one of Southeast Asia's largest F&B players, says DBS.

Results

Thai Beverage reports FY2022 earnings of 30.1 billion baht; BeerCo earnings up 24.2%

BeerCo's earnings for FY2022 up 24.2% to $256 million

Emerging Markets

Vietnam will provide fizz to Beer IPO

Thai Beverage may soar on the back of a successful Beer Co listing

IPO

BeerCo, Ant Group: Asia's biggest IPOs to watch for the second half

A world-beating rally in Chinese and Hong Kong stocks has brightened the outlook for the second half

Results

Thai Bev reports slightly better 1QFY2022 operating profit of 14.7 billion baht

The company expects cost of raw materials, specifically molasses, to decrease in the coming quarters.

Investing ideas

PhillipCapital adds Del Monte Pacific to model portfolio as turnaround gets underway

Del Monte’s overall earnings have improved tremendously
Dividend diamonds could power the STI - THE EDGE SINGAPORE

Singapore economy

Dividend diamonds could power the STI

The STI has one of the best dividend yields in the world.
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