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Error message
- Notice: Undefined offset: 0 in tes_menu_link__menu_sidebar() (line 100 of /home/alfi/tes_website/sites/all/themes/tes/template.php).
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- Notice: Undefined offset: 0 in tes_menu_link__menu_sidebar() (line 100 of /home/alfi/tes_website/sites/all/themes/tes/template.php).
- Notice: Undefined offset: 0 in tes_menu_link__menu_sidebar() (line 100 of /home/alfi/tes_website/sites/all/themes/tes/template.php).
- Notice: session_start(): A session had already been started - ignoring in include() (line 2 of /home/alfi/tes_website/sites/all/themes/tes/templates/partials/modal_desktop.tpl.php).
- Notice: Trying to get property 'und' of non-object in get_user_profile() (line 1428 of /home/alfi/tes_website/sites/all/modules/custom/tes_checkout/tes_checkout.module).
- Notice: Trying to get property 'value' of non-object in get_user_profile() (line 1428 of /home/alfi/tes_website/sites/all/modules/custom/tes_checkout/tes_checkout.module).
- Notice: Trying to get property 'und' of non-object in get_user_profile() (line 1428 of /home/alfi/tes_website/sites/all/modules/custom/tes_checkout/tes_checkout.module).
- Notice: Trying to get property 'value' of non-object in get_user_profile() (line 1428 of /home/alfi/tes_website/sites/all/modules/custom/tes_checkout/tes_checkout.module).
- Notice: Trying to get property 'und' of non-object in get_user_profile() (line 1428 of /home/alfi/tes_website/sites/all/modules/custom/tes_checkout/tes_checkout.module).
- Notice: Trying to get property 'value' of non-object in get_user_profile() (line 1428 of /home/alfi/tes_website/sites/all/modules/custom/tes_checkout/tes_checkout.module).
- Notice: Trying to get property 'und' of non-object in get_user_profile() (line 1428 of /home/alfi/tes_website/sites/all/modules/custom/tes_checkout/tes_checkout.module).
- Notice: Trying to get property 'value' of non-object in get_user_profile() (line 1428 of /home/alfi/tes_website/sites/all/modules/custom/tes_checkout/tes_checkout.module).
- Notice: Trying to get property 'und' of non-object in get_user_profile() (line 1428 of /home/alfi/tes_website/sites/all/modules/custom/tes_checkout/tes_checkout.module).
- Notice: Trying to get property 'value' of non-object in get_user_profile() (line 1428 of /home/alfi/tes_website/sites/all/modules/custom/tes_checkout/tes_checkout.module).
- Notice: Trying to get property 'und' of non-object in get_user_profile() (line 1428 of /home/alfi/tes_website/sites/all/modules/custom/tes_checkout/tes_checkout.module).
- Notice: Trying to get property 'value' of non-object in get_user_profile() (line 1428 of /home/alfi/tes_website/sites/all/modules/custom/tes_checkout/tes_checkout.module).
- Notice: Trying to get property 'und' of non-object in get_user_profile() (line 1428 of /home/alfi/tes_website/sites/all/modules/custom/tes_checkout/tes_checkout.module).
- Notice: Trying to get property 'value' of non-object in get_user_profile() (line 1428 of /home/alfi/tes_website/sites/all/modules/custom/tes_checkout/tes_checkout.module).
- Notice: Trying to get property 'und' of non-object in get_user_profile() (line 1428 of /home/alfi/tes_website/sites/all/modules/custom/tes_checkout/tes_checkout.module).
- Notice: Trying to get property 'value' of non-object in get_user_profile() (line 1428 of /home/alfi/tes_website/sites/all/modules/custom/tes_checkout/tes_checkout.module).
- Notice: Trying to get property 'und' of non-object in get_user_profile() (line 1428 of /home/alfi/tes_website/sites/all/modules/custom/tes_checkout/tes_checkout.module).
- Notice: Trying to get property 'value' of non-object in get_user_profile() (line 1428 of /home/alfi/tes_website/sites/all/modules/custom/tes_checkout/tes_checkout.module).
- Notice: Trying to get property 'und' of non-object in get_user_profile() (line 1428 of /home/alfi/tes_website/sites/all/modules/custom/tes_checkout/tes_checkout.module).
- Notice: Trying to get property 'value' of non-object in get_user_profile() (line 1428 of /home/alfi/tes_website/sites/all/modules/custom/tes_checkout/tes_checkout.module).
- Notice: Trying to get property 'und' of non-object in get_user_profile() (line 1428 of /home/alfi/tes_website/sites/all/modules/custom/tes_checkout/tes_checkout.module).
- Notice: Trying to get property 'value' of non-object in get_user_profile() (line 1428 of /home/alfi/tes_website/sites/all/modules/custom/tes_checkout/tes_checkout.module).
- Notice: Trying to get property 'und' of non-object in get_user_profile() (line 1428 of /home/alfi/tes_website/sites/all/modules/custom/tes_checkout/tes_checkout.module).
- Notice: Trying to get property 'value' of non-object in get_user_profile() (line 1428 of /home/alfi/tes_website/sites/all/modules/custom/tes_checkout/tes_checkout.module).
- Notice: Trying to get property 'und' of non-object in get_user_profile() (line 1428 of /home/alfi/tes_website/sites/all/modules/custom/tes_checkout/tes_checkout.module).
- Notice: Trying to get property 'value' of non-object in get_user_profile() (line 1428 of /home/alfi/tes_website/sites/all/modules/custom/tes_checkout/tes_checkout.module).
- Notice: Trying to get property 'und' of non-object in get_user_profile() (line 1428 of /home/alfi/tes_website/sites/all/modules/custom/tes_checkout/tes_checkout.module).
- Notice: Trying to get property 'value' of non-object in get_user_profile() (line 1428 of /home/alfi/tes_website/sites/all/modules/custom/tes_checkout/tes_checkout.module).
- Notice: Trying to get property 'und' of non-object in get_user_profile() (line 1428 of /home/alfi/tes_website/sites/all/modules/custom/tes_checkout/tes_checkout.module).
- Notice: Trying to get property 'value' of non-object in get_user_profile() (line 1428 of /home/alfi/tes_website/sites/all/modules/custom/tes_checkout/tes_checkout.module).
- Notice: Trying to get property 'und' of non-object in get_user_profile() (line 1428 of /home/alfi/tes_website/sites/all/modules/custom/tes_checkout/tes_checkout.module).
- Notice: Trying to get property 'value' of non-object in get_user_profile() (line 1428 of /home/alfi/tes_website/sites/all/modules/custom/tes_checkout/tes_checkout.module).
- Notice: Trying to get property 'und' of non-object in get_user_profile() (line 1428 of /home/alfi/tes_website/sites/all/modules/custom/tes_checkout/tes_checkout.module).
- Notice: Trying to get property 'value' of non-object in get_user_profile() (line 1428 of /home/alfi/tes_website/sites/all/modules/custom/tes_checkout/tes_checkout.module).
- Notice: Trying to get property 'und' of non-object in get_user_profile() (line 1428 of /home/alfi/tes_website/sites/all/modules/custom/tes_checkout/tes_checkout.module).
- Notice: Trying to get property 'value' of non-object in get_user_profile() (line 1428 of /home/alfi/tes_website/sites/all/modules/custom/tes_checkout/tes_checkout.module).
- Notice: Trying to get property 'und' of non-object in get_user_profile() (line 1428 of /home/alfi/tes_website/sites/all/modules/custom/tes_checkout/tes_checkout.module).
- Notice: Trying to get property 'value' of non-object in get_user_profile() (line 1428 of /home/alfi/tes_website/sites/all/modules/custom/tes_checkout/tes_checkout.module).
- Notice: Trying to get property 'und' of non-object in get_user_profile() (line 1428 of /home/alfi/tes_website/sites/all/modules/custom/tes_checkout/tes_checkout.module).
- Notice: Trying to get property 'value' of non-object in get_user_profile() (line 1428 of /home/alfi/tes_website/sites/all/modules/custom/tes_checkout/tes_checkout.module).
- Notice: Trying to get property 'und' of non-object in get_user_profile() (line 1428 of /home/alfi/tes_website/sites/all/modules/custom/tes_checkout/tes_checkout.module).
- Notice: Trying to get property 'value' of non-object in get_user_profile() (line 1428 of /home/alfi/tes_website/sites/all/modules/custom/tes_checkout/tes_checkout.module).
- Notice: Trying to get property 'und' of non-object in get_user_profile() (line 1428 of /home/alfi/tes_website/sites/all/modules/custom/tes_checkout/tes_checkout.module).
- Notice: Trying to get property 'value' of non-object in get_user_profile() (line 1428 of /home/alfi/tes_website/sites/all/modules/custom/tes_checkout/tes_checkout.module).
- Notice: Trying to get property 'und' of non-object in get_user_profile() (line 1428 of /home/alfi/tes_website/sites/all/modules/custom/tes_checkout/tes_checkout.module).
- Notice: Trying to get property 'value' of non-object in get_user_profile() (line 1428 of /home/alfi/tes_website/sites/all/modules/custom/tes_checkout/tes_checkout.module).
- Notice: Trying to get property 'und' of non-object in get_user_profile() (line 1428 of /home/alfi/tes_website/sites/all/modules/custom/tes_checkout/tes_checkout.module).
- Notice: Trying to get property 'value' of non-object in get_user_profile() (line 1428 of /home/alfi/tes_website/sites/all/modules/custom/tes_checkout/tes_checkout.module).
- Notice: Trying to get property 'und' of non-object in get_user_profile() (line 1428 of /home/alfi/tes_website/sites/all/modules/custom/tes_checkout/tes_checkout.module).
- Notice: Trying to get property 'value' of non-object in get_user_profile() (line 1428 of /home/alfi/tes_website/sites/all/modules/custom/tes_checkout/tes_checkout.module).
- Notice: Trying to get property 'und' of non-object in get_user_profile() (line 1428 of /home/alfi/tes_website/sites/all/modules/custom/tes_checkout/tes_checkout.module).
- Notice: Trying to get property 'value' of non-object in get_user_profile() (line 1428 of /home/alfi/tes_website/sites/all/modules/custom/tes_checkout/tes_checkout.module).
- Notice: Trying to get property 'und' of non-object in get_user_profile() (line 1428 of /home/alfi/tes_website/sites/all/modules/custom/tes_checkout/tes_checkout.module).
- Notice: Trying to get property 'value' of non-object in get_user_profile() (line 1428 of /home/alfi/tes_website/sites/all/modules/custom/tes_checkout/tes_checkout.module).
- Notice: Trying to get property 'und' of non-object in get_user_profile() (line 1428 of /home/alfi/tes_website/sites/all/modules/custom/tes_checkout/tes_checkout.module).
- Notice: Trying to get property 'value' of non-object in get_user_profile() (line 1428 of /home/alfi/tes_website/sites/all/modules/custom/tes_checkout/tes_checkout.module).
- Notice: Trying to get property 'und' of non-object in get_user_profile() (line 1428 of /home/alfi/tes_website/sites/all/modules/custom/tes_checkout/tes_checkout.module).
- Notice: Trying to get property 'value' of non-object in get_user_profile() (line 1428 of /home/alfi/tes_website/sites/all/modules/custom/tes_checkout/tes_checkout.module).
- Notice: Trying to get property 'und' of non-object in get_user_profile() (line 1428 of /home/alfi/tes_website/sites/all/modules/custom/tes_checkout/tes_checkout.module).
- Notice: Trying to get property 'value' of non-object in get_user_profile() (line 1428 of /home/alfi/tes_website/sites/all/modules/custom/tes_checkout/tes_checkout.module).
- Notice: Trying to get property 'und' of non-object in get_user_profile() (line 1428 of /home/alfi/tes_website/sites/all/modules/custom/tes_checkout/tes_checkout.module).
- Notice: Trying to get property 'value' of non-object in get_user_profile() (line 1428 of /home/alfi/tes_website/sites/all/modules/custom/tes_checkout/tes_checkout.module).
- Notice: Trying to get property 'und' of non-object in get_user_profile() (line 1428 of /home/alfi/tes_website/sites/all/modules/custom/tes_checkout/tes_checkout.module).
- Notice: Trying to get property 'value' of non-object in get_user_profile() (line 1428 of /home/alfi/tes_website/sites/all/modules/custom/tes_checkout/tes_checkout.module).
- Notice: Trying to get property 'und' of non-object in get_user_profile() (line 1428 of /home/alfi/tes_website/sites/all/modules/custom/tes_checkout/tes_checkout.module).
- Notice: Trying to get property 'value' of non-object in get_user_profile() (line 1428 of /home/alfi/tes_website/sites/all/modules/custom/tes_checkout/tes_checkout.module).
- Notice: Trying to get property 'und' of non-object in get_user_profile() (line 1428 of /home/alfi/tes_website/sites/all/modules/custom/tes_checkout/tes_checkout.module).
- Notice: Trying to get property 'value' of non-object in get_user_profile() (line 1428 of /home/alfi/tes_website/sites/all/modules/custom/tes_checkout/tes_checkout.module).
- Notice: Trying to get property 'und' of non-object in get_user_profile() (line 1428 of /home/alfi/tes_website/sites/all/modules/custom/tes_checkout/tes_checkout.module).
- Notice: Trying to get property 'value' of non-object in get_user_profile() (line 1428 of /home/alfi/tes_website/sites/all/modules/custom/tes_checkout/tes_checkout.module).
- Notice: Trying to get property 'und' of non-object in get_user_profile() (line 1428 of /home/alfi/tes_website/sites/all/modules/custom/tes_checkout/tes_checkout.module).
- Notice: Trying to get property 'value' of non-object in get_user_profile() (line 1428 of /home/alfi/tes_website/sites/all/modules/custom/tes_checkout/tes_checkout.module).
- Notice: Trying to get property 'und' of non-object in get_user_profile() (line 1428 of /home/alfi/tes_website/sites/all/modules/custom/tes_checkout/tes_checkout.module).
- Notice: Trying to get property 'value' of non-object in get_user_profile() (line 1428 of /home/alfi/tes_website/sites/all/modules/custom/tes_checkout/tes_checkout.module).
- Notice: Trying to get property 'und' of non-object in get_user_profile() (line 1428 of /home/alfi/tes_website/sites/all/modules/custom/tes_checkout/tes_checkout.module).
- Notice: Trying to get property 'value' of non-object in get_user_profile() (line 1428 of /home/alfi/tes_website/sites/all/modules/custom/tes_checkout/tes_checkout.module).
- Notice: Trying to get property 'und' of non-object in get_user_profile() (line 1428 of /home/alfi/tes_website/sites/all/modules/custom/tes_checkout/tes_checkout.module).
- Notice: Trying to get property 'value' of non-object in get_user_profile() (line 1428 of /home/alfi/tes_website/sites/all/modules/custom/tes_checkout/tes_checkout.module).
- Notice: Trying to get property 'und' of non-object in get_user_profile() (line 1428 of /home/alfi/tes_website/sites/all/modules/custom/tes_checkout/tes_checkout.module).
- Notice: Trying to get property 'value' of non-object in get_user_profile() (line 1428 of /home/alfi/tes_website/sites/all/modules/custom/tes_checkout/tes_checkout.module).
- Notice: Trying to get property 'und' of non-object in get_user_profile() (line 1428 of /home/alfi/tes_website/sites/all/modules/custom/tes_checkout/tes_checkout.module).
- Notice: Trying to get property 'value' of non-object in get_user_profile() (line 1428 of /home/alfi/tes_website/sites/all/modules/custom/tes_checkout/tes_checkout.module).
- Notice: Trying to get property 'und' of non-object in get_user_profile() (line 1428 of /home/alfi/tes_website/sites/all/modules/custom/tes_checkout/tes_checkout.module).
- Notice: Trying to get property 'value' of non-object in get_user_profile() (line 1428 of /home/alfi/tes_website/sites/all/modules/custom/tes_checkout/tes_checkout.module).
- Notice: Trying to get property 'und' of non-object in get_user_profile() (line 1428 of /home/alfi/tes_website/sites/all/modules/custom/tes_checkout/tes_checkout.module).
- Notice: Trying to get property 'value' of non-object in get_user_profile() (line 1428 of /home/alfi/tes_website/sites/all/modules/custom/tes_checkout/tes_checkout.module).
- Notice: Trying to get property 'und' of non-object in get_user_profile() (line 1428 of /home/alfi/tes_website/sites/all/modules/custom/tes_checkout/tes_checkout.module).
- Notice: Trying to get property 'value' of non-object in get_user_profile() (line 1428 of /home/alfi/tes_website/sites/all/modules/custom/tes_checkout/tes_checkout.module).
- Warning: Use of undefined constant REQUEST_URI - assumed 'REQUEST_URI' (this will throw an Error in a future version of PHP) in include() (line 46 of /home/alfi/tes_website/sites/all/themes/tes/templates/html.tpl.php).
- Notice: Trying to get property 'field_tags2' of non-object in include() (line 67 of /home/alfi/tes_website/sites/all/themes/tes/templates/html.tpl.php).
- Warning: Invalid argument supplied for foreach() in include() (line 67 of /home/alfi/tes_website/sites/all/themes/tes/templates/html.tpl.php).
- Notice: Trying to get property 'nid' of non-object in include() (line 71 of /home/alfi/tes_website/sites/all/themes/tes/templates/html.tpl.php).
- Notice: Trying to get property 'field_sections' of non-object in include() (line 71 of /home/alfi/tes_website/sites/all/themes/tes/templates/html.tpl.php).
- Notice: Trying to get property 'status' of non-object in include() (line 72 of /home/alfi/tes_website/sites/all/themes/tes/templates/html.tpl.php).
- Notice: Trying to get property 'type' of non-object in include() (line 78 of /home/alfi/tes_website/sites/all/themes/tes/templates/html.tpl.php).
- Notice: Undefined offset: 0 in getContentMeta() (line 479 of /home/alfi/tes_website/sites/all/themes/tes/templates/html.tpl.php).
- Notice: Undefined offset: 1 in getContentMeta() (line 480 of /home/alfi/tes_website/sites/all/themes/tes/templates/html.tpl.php).
- Warning: preg_replace(): No ending delimiter '"' found in getContentMeta() (line 481 of /home/alfi/tes_website/sites/all/themes/tes/templates/html.tpl.php).
- User warning: The following module is missing from the file system: native_ad_mobile_app. For information about how to fix this, see the documentation page. in _drupal_trigger_error_with_delayed_logging() (line 1143 of /home/alfi/tes_website/includes/bootstrap.inc).
- User warning: The following module is missing from the file system: tes_new_module. For information about how to fix this, see the documentation page. in _drupal_trigger_error_with_delayed_logging() (line 1143 of /home/alfi/tes_website/includes/bootstrap.inc).
- Notice: Constant EVENT_INSERT already defined in require_once() (line 4 of /home/alfi/tes_website/sites/all/modules/custom/tes_api_mobile_app/in_app_subscription/repositories/apple_subscription.repository.php).
- Notice: Constant EVENT_UPDATE already defined in require_once() (line 5 of /home/alfi/tes_website/sites/all/modules/custom/tes_api_mobile_app/in_app_subscription/repositories/apple_subscription.repository.php).
- Notice: Constant REDIS_TTL_TAXONOMY already defined in include_once() (line 38 of /home/alfi/tes_website/sites/all/modules/custom/tes_api_v2/tes_api_v2.module).
- Notice: Constant EVENT_INSERT already defined in require_once() (line 4 of /home/alfi/tes_website/sites/all/modules/custom/tes_gpt_summarize/repositories/tes_gpt_summarize.repository.php).
- Notice: Constant EVENT_UPDATE already defined in require_once() (line 5 of /home/alfi/tes_website/sites/all/modules/custom/tes_gpt_summarize/repositories/tes_gpt_summarize.repository.php).
- Notice: session_start(): A session had already been started - ignoring in include_once() (line 2 of /home/alfi/tes_website/sites/all/modules/custom/tes_simultaneous_login/tes_simultaneous_login.module).
- Warning: count(): Parameter must be an array or an object that implements Countable in _uc_line_item_list() (line 133 of /home/alfi/tes_website/sites/all/modules/ubercart/uc_order/uc_order.line_item.inc).
- Notice: Undefined index: issue_id in allow_view_pdf() (line 100 of /home/alfi/tes_website/sites/all/modules/custom/tes_pdf_viewer/tes_pdf_viewer.module).
- Notice: Trying to get property 'field_free_to_view_pdf' of non-object in allow_view_pdf() (line 101 of /home/alfi/tes_website/sites/all/modules/custom/tes_pdf_viewer/tes_pdf_viewer.module).
- Notice: Undefined index: Secret-Mobile-App-Key in mobile_app_api_middleware() (line 127 of /home/alfi/tes_website/sites/all/modules/custom/tes_api_mobile_app/tes_api_mobile_app.module).
- Notice: Undefined index: Secret-Mobile-App-Key in mobile_app_api_middleware() (line 127 of /home/alfi/tes_website/sites/all/modules/custom/tes_api_mobile_app/tes_api_mobile_app.module).
- Notice: Undefined index: Secret-Mobile-App-Key in mobile_app_api_middleware() (line 127 of /home/alfi/tes_website/sites/all/modules/custom/tes_api_mobile_app/tes_api_mobile_app.module).
- Notice: Undefined index: Secret-Mobile-App-Key in mobile_app_api_middleware() (line 127 of /home/alfi/tes_website/sites/all/modules/custom/tes_api_mobile_app/tes_api_mobile_app.module).
- Notice: Undefined index: Secret-Mobile-App-Key in mobile_app_api_middleware() (line 127 of /home/alfi/tes_website/sites/all/modules/custom/tes_api_mobile_app/tes_api_mobile_app.module).
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- Deprecated function: Function create_function() is deprecated in blockgroup_block_list_alter() (line 298 of /home/alfi/tes_website/sites/all/modules/blockgroup/blockgroup.module).
- Deprecated function: Function create_function() is deprecated in blockgroup_block_list_alter() (line 298 of /home/alfi/tes_website/sites/all/modules/blockgroup/blockgroup.module).
- Deprecated function: Function create_function() is deprecated in blockgroup_block_list_alter() (line 298 of /home/alfi/tes_website/sites/all/modules/blockgroup/blockgroup.module).
- Deprecated function: Function create_function() is deprecated in blockgroup_block_list_alter() (line 298 of /home/alfi/tes_website/sites/all/modules/blockgroup/blockgroup.module).
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Home Thai Beverage PLC (ThaiBev)
Sector Focus
Festive cheers and new recycling scheme cast spotlight and shadow on beverage producers
Beverage producers are in focus with the upcoming festive celebrations and the introduction of Beverage Container Return Scheme, which will kickstart on April 1.
8 days ago
Food & Beverage
Prospects of better FY2025 earnings inspire new ideas for ThaiBev
Following ThaiBev's FY2024 earnings, DBS, OCBC Investment Research, RHB Bank Singapore and PhillipCapital have target prices of 77 cents, 69 cents, 71 cents and 64 cents respectively.
November 28, 2024
Broker's Calls
CGS-CIMB downgrades ThaiBev to ‘hold’ with lower TP of 50 cents due to disappointing beer sales
At its current share price, ThaiBev’s valuations are undemanding at -1.5 s.d. versus its historical average P/E since its listing.
February 15, 2024
Broker's Calls
DBS believes ThaiBev's valuation is ‘unjustifiably low’; trims target price on higher equity risk premium
The analysts are recommending investors to load up in the company’s shares before its price increases.
November 20, 2023
Company in the news
ThaiBev says there are ‘no concrete plans’ made to list or sell its spirits business
A deal would have valued ThaiBev at US$5 billion ($6.73 billion) at least, based on the estimates given by Bloomberg’s sources.
March 17, 2023
Broker's Calls
Brokers' Digest: SGX, Keppel REIT, CICT, Aztech Global, ThaiBev
See what the analysts have to say this week.
October 29, 2022
IPO
ThaiBev to list brewery unit on SGX, seeks US$10 bil valuation; could be biggest IPO in decade
A representative for ThaiBev didn’t immediately respond to requests for comment.
January 28, 2021
Spinoff and listing
Brewing liquidity
SINGAPORE (Dec 9): On Dec 2, during a media briefing, Robert Wallace, CEO of Frasers Logistics & Industrial Trust (FLT), said one of the benefits of merging with Frasers Commercial Trust (FCOT) was that the joint real estate investment trust (REIT) would
December 06, 2019
Spinoff and listing
Let us raise a glass to the ThaiBev listing
(Dec 9): Former US President Franklin D Roosevelt (FDR) helped win World War II, but his memory will ring long with beer drinkers for another reason. The US had outlawed alcohol from 1920 to 1933. This gave rise to illicit booze, which created an unmanage
December 06, 2019
M&A
ThaiBev is tempting Budweiser with a Saigon brew
HONG KONG (Dec 3): A Thai billionaire is tempting Budweiser to the bar.
December 03, 2019