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Broker's Calls
RHB maintains 'overweight' on F&B sector, names ThaiBev, Delfi and Food Empire as top picks
Analyst Alfie Yeo sees consumption accelerating in 2024, with GDP growth and tourist recovery in Thailand, Vietnam and Indonesia.
January 10, 2024
Broker's Calls
UOBKH lowers TP for ThaiBev; anticipates near-term temporary delay in Chinese tourists arrival after shooting incident
UOBKH notes that Chinese tourists arrivals in Thailand will soar, following the visa-free entry coming into place in September.
October 11, 2023
Broker's Calls
UOBKH adds Marco Polo Marine and RH Petrogas, removes Delfi, LHN Group and Yangzijiang from October alpha picks
UOBKH’s alpha picks portfolio beat the STI by 4.7 ppts, “overcoming weak investor sentiment in September”.
October 02, 2023
Company in the news
ThaiBev subsidiary incorporates wholly-owned investment holding subsidiary in Hong Kong
SpiritsCo Limited is a new, wholly-owned subsidiary in Hong Kong.
September 28, 2023
Company in the news
ThaiBev enters into 5-year term loan agreement for JPY66 billion
ThaiBev secures 5-year loan agreement for about JPY66 bil.
September 19, 2023
Broker's Calls
Analysts retain 'add' and 'buy' calls on ThaiBev after results; CGS-CIMB, PhillipCapital lower TPs
The DBS analysts believe the market is "overly pessimistic" on ThaiBev.
August 10, 2023
Broker's Calls
Potential regulatory reforms-driven share price weakness priced in, CGS-CIMB keeps 'add' on ThaiBev
ThaiBev sees potential areas of growth depending on the scope of the reform.
July 13, 2023
Broker's Calls
Analysts keep 'buy' on ThaiBev in anticipation of a consumption recovery; RHB lowers TP to 87 cents
ThaiBev is expected to benefit from Thailand’s economic recovery and the return of tourists from Vietnam and China: analysts
June 22, 2023
Broker's Calls
UOBKH adds Raffles Medical and ThaiBev to alpha picks; drops Singtel, Food Empire and Aztech
This is the fifth consecutive month that the alpha picks portfolio has beaten the STI.
June 07, 2023
Broker's Calls
Analysts positive on ThaiBev after 1HFY2023 results beat expectations
Analysts from UOB Kay Hian and CGS-CIMB have maintained their “buy” and “add” ratings with TPs of 75 cents and 88 cents.
May 16, 2023