BeerCo

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

ThaiBev reports 20% higher earnings of $285.4 mil for 2QFY2022

For the period, the group has declared an interim dividend of 0.15 baht, to be paid out on June 10.

IPO

ThaiBev spin-off listing to resume

Shares in ThaiBev closed at 67.5 cents on May 4.
Listing of BeerCo on SGX to be deferred due to 'uncertain market conditions' - THE EDGE SINGAPORE

IPO

Listing of BeerCo on SGX to be deferred due to 'uncertain market conditions'

Shares in ThaiBev closed 0.5 cent lower or 0.7% down at 74.5 cents on April 16.
ThaiBev subsidiary BeerCo one step closer to IPO - THE EDGE SINGAPORE

IPO

ThaiBev subsidiary BeerCo one step closer to IPO

BeerCo announced, on Feb 5, that it is seeking to list on the Mainboard of the SGX-ST.
Analysts divided on ThaiBev after mixed 1Q results, BeerCo IPO plan - THE EDGE SINGAPORE

Broker's Calls

Analysts divided on ThaiBev after mixed 1Q results, BeerCo IPO plan

Phillip Securities has downgraded the stock to “accumulate” from “buy” previously due to the recent share price appreciation.
'Add' ThaiBev as BeerCo IPO could rerate stock: CGS-CIMB - THE EDGE SINGAPORE

Broker's Calls

'Add' ThaiBev as BeerCo IPO could rerate stock: CGS-CIMB

The brokerage reckons the IPO could lift its target price for the stock to $1.18 from 87 cents previously.
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