SINGAPORE (May 10): RHB Securities is resuming coverage of Thai Beverage with a “buy” and lower target price of $1.06, saying the stock is oversold despite slower-than-expected recovery in alcohol consumption in Thailand.

Have a premium account? Sign in to continue reading.

Unlimited access to all stories from $99.9/year*

The latest reporting and analysis from business and investments to news and views on social issues.

Bonus:

  • Simultaneous logins across all devices
  • Instant access to past digital issues
  • Unlimited access to The Edge Malaysia
  • *For annual subscription plan only. T&Cs apply

Subscribe