Thai Beverage (ThaiBev)

UOB Kay Hian favours counters with strong earnings growth and those with majority of earnings outside Singapore - THE EDGE SINGAPORE

Broker's Calls

UOB Kay Hian favours counters with strong earnings growth and those with majority of earnings outside Singapore

Singapore Airlines (SIA) remains the brokerage’s key “sell” call as they see travel resuming only after 3QFY2021.
Analysts continue to cheer ThaiBev despite operating challenges - THE EDGE SINGAPORE

Broker's Calls

Analysts continue to cheer ThaiBev despite operating challenges

RHB Securities believes ThaiBev is in a “good position” to capitalise on a cyclical recovery after a mass inoculation.
Deferment of BeerCo IPO may be opportunity to accumulate ThaiBev stocks: Maybank Kim Eng - THE EDGE SINGAPORE

Broker's Calls

Deferment of BeerCo IPO may be opportunity to accumulate ThaiBev stocks: Maybank Kim Eng

To Maybank's Chan, the deferment of BeerCo’s IPO is more likely due to a lower-than-expected valuation for the business.
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.
Maybank KE initiates coverage on ThaiBev with 'buy' rating, TP 95 cents - THE EDGE SINGAPORE

Broker's Calls

Maybank KE initiates coverage on ThaiBev with 'buy' rating, TP 95 cents

The potential listing of ThaiBev’s beer business is a near-term catalyst, says Maybank Kim Eng.
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.
'BeerCo', ThaiBev's impending spin-off, reports 1QFY21 earnings of $77 mil, up 72.4% - THE EDGE SINGAPORE

Results

'BeerCo', ThaiBev's impending spin-off, reports 1QFY21 earnings of $77 mil, up 72.4%

The spin off will create the largest beer “platform” in Asean, with a volume market share of 23.4% for FY2020.
'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.

Investing ideas

You think 2020 was hot for Asia’s share sales? 2021 could sizzle

2021 is shaping up to be a bonanza for Asian share sales.
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