Thai Beverage

Broker's Calls

947 Broker's Digest

Take a look at these six stocks this week, including SEA, Koufu, and Thai Beverage.

Markets

Vietnam's tough new drunk-driving law is hurting beer sales

Beer sales in Vietnam have dropped by at least 25% since strict penalties on inebriated drivers took effect on Jan 1.

Company in the news

ThaiBev rubbishes 'false' media reports that it is seeking to sell its business in Vietnam

SINGAPORE (Dec 19): Thai Beverage has clarified that claims in the media that it is seeking a buyer for its business in Vietnam is “false and without merit”.

In print this week

STI's storied past

SINGAPORE (Jan 25): Since its establishment as a trading post under the British East India Company, Singapore has flourished as a trade and financial services hub.

Broker's Calls

Overseas investors like Singapore banks and tech firm Venture: CGS-CIMB

SINGAPORE (June 11): CGS-CIMB Securities is reiterating a number of its top stock picks across various sectors following its recent marketing trip to Tokyo and Hong Kong.

ThaiBev's F&B buying spree could make it a dominant regional player

SINGAPORE (Jan 15): Thai Beverage’s recently released annual report — for FY2017 ended September — highlights the company’s growing regional presence. “We have expanded further in Southeast Asia and are now an even more significant player in the

Broker's Calls

Analysts crown ThaiBev with 'buy' on recovering consumer sentiment

SINGAPORE (Nov 27): Brokerages are unanimously positive on Thai Beverage (ThaiBev) after the F&B group last week reported a surge in FY17 earnings on the back of fair value gains by Singapore-based Fraser & Neave (F&N), coming in line with general expecta

Results

Thaibev reports doubling of 3Q earnings to $628 mil

SINGAPORE (Aug 11): Thai Beverage reported a doubling of 3Q17 earnings to 15.3 billion baht ($627.6 million) from 5.9 billion baht.

Broker's Calls

Slowing consumption for ThaiBev only a temporary blip

SINGAPORE (June 29): DBS is reiterating its “buy” call on Thai Beverage with a target price of $1.07 on expectations slowing consumption in Thailand is only a temporary blip.

Broker's Calls

US missile attack on Syria a profit-taking excuse, says DBS

SINGAPORE (April 10): DBS is hoping that last week’s US missile attack on Syria is a one-off. Whatever the case, the latest spike in geopolitical uncertainty has given investors a “good excuse” to go “risk-off” while safe haven assets rebounded.
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