Thai Beverage PLC (ThaiBev)

The analysts are recommending investors to load up in the company’s shares before its price increases.

A deal would have valued ThaiBev at US$5 billion ($6.73 billion) at least, based on the estimates given by Bloomberg’s sources.

See what the analysts have to say this week.

A representative for ThaiBev didn’t immediately respond to requests for comment.

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(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

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SINGAPORE (Aug 15): Thai Beverage reported earnings rose 22% to THB6.7 billion ($302 million) in 3Q19 ended June from THB5.4 billion in 3Q18 a year ago.

SINGAPORE (Nov 28): Analysts are maintaining their “buy” calls on Thai Beverage despite a disappointing 4Q.

SINGAPORE (Sept 20): ThaiBev announced that it had issued THB77 billion ($3.3 billion) in debentures after the company last month announced it was looking to issue debentures to replace its short-term debts.