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Thai Beverage
Broker's Calls
947 Broker's Digest
Take a look at these six stocks this week, including SEA, Koufu, and Thai Beverage.
August 21, 2020
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.
January 21, 2020
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”.
December 19, 2019
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.
January 25, 2019
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.
June 11, 2018
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
January 23, 2018
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
November 27, 2017
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.
August 11, 2017
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.
June 29, 2017
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.
April 10, 2017