Thai Beverage

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”.

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.

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.

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

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

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

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.

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.

SINGAPORE (March 31): UOB KayHian is starting coverage on Thai Beverage at “buy” on attractive valuation at current levels with its FY17F PE of 20.4x being lower than its global peers.

SINGAPORE (March 24): RHB Research is confident that Fraser & Neave’s (F&N’s) recent move to increase its stake in Vietnam Dairy Products, otherwise known as Vinamilk, is to power the group’s earnings growth ahead.