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ThaiBev
Investing ideas
Analysts cheer ThaiBev despite lower FY2023 earnings
While the beer segment is losing some fizzle, the spirits business is seen to have more room to do better
November 29, 2023
Investing ideas
As bulls and bears remain asleep, stay put in high-yield and non-cyclical counters
'Either the share prices go up, or earnings will come down. Of course, we hope valuations will go up'
October 09, 2023
Results
Thai Bev Ebitda for 9MFY2023 dips despite higher revenue on higher costs
Revenue for 9MFY2023 was up 3.8% y-o-y but Ebitda was down 3.4%
August 09, 2023
Broker's Calls
KGI reiterates 'buy' call on Thai Beverage, citing favourable post-election environment
In addition, consumer confidence for May has reached the highest level since the pandemic
July 05, 2023
Insider moves
ThaiBev ID Wee gulps 100,000 shares as price dips to pandemic-low
ThaiBev shares have declined by around a-fifth year to date
June 07, 2023
Company in the news
Boutique brewers in Thailand to gain market share
New Thai government may introduce legislation to remove beer duopoly
May 24, 2023
Broker's Calls
CGS-CIMB maintains 'add' rating, TP of 88 cents for ThaiBev in anticipation of FY2023 volume recovery
Analysts say brown spirits and beer will lead the company’s volume recovery in FY2023 ending Sept 30.
April 04, 2023
Broker's Calls
Sheng Siong and ThaiBev deemed as RHB's 12 'diamonds' across the region
According to RHB, these 12 'diamonds' each have an ROE of 15% or more
February 14, 2023
Broker's Calls
UOB Kay Hian lifts ThaiBev’s TP to 85 cents as Chinese tourists return
With the return of Chinese tourists to Thailand, UOB KH sees that ThaiBev stands to benefit from higher alcohol consumption levels
January 19, 2023
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.
November 28, 2022