Home Capital Broker's Calls

ThaiBev’s beer biz is reason for cheer

PC Lee
PC Lee8/12/2016 11:36 AM GMT+08  • 2 min read
ThaiBev’s beer biz is reason for cheer
SINGAPORE (Aug 12): OCBC Research is sticking to its “hold” call on Thai Beverage PLC (ThaiBev), cheered by continuing growth of its beer business which has maintained market share at 40% level.
Font Resizer
Share to WhatsappShare to FacebookShare to LinkedInMore Share
Scroll to top
Follow us on Facebook and join our Telegram channel for the latest updates.

SINGAPORE (Aug 12): OCBC Research is sticking to its “hold” call on Thai Beverage PLC (ThaiBev), cheered by continuing growth of its beer business which has maintained market share at 40% level.

“We understand that its key competitor engaged in price discounting since May, while Chang has been pricing up slightly such that price parity between their products has been reached near the end of Jun onwards,” says lead analyst Jodie Foo in a Friday report.

Foo says ThaiBev’s key competitor have been engaged in price discounting since May, while Chang has been pricing up slightly such that price parity between their products has been reached near the end of June onwards.

For more insights on corporate trends...
Sign In or Create an account to access our premium content.
Subscription Entitlements:
Less than $9 per month
Unlimited access to latest and premium articles
3 Simultaneous logins across all devices
Bonus unlimited access to online articles and virtual newspaper on The Edge Malaysia (single login)
×
Loading next article...
The Edge Singapore
Download The Edge Singapore App
Google playApple store play
Keep updated
Follow our social media
Subscribe to The Edge Singapore
Get credible investing ideas from our in-depth stock analysis, interviews with key executives, corporate movements coverage and their impact on the market.
© 2022 The Edge Publishing Pte Ltd. All rights reserved.
Unlock unlimited access to premium articles with less than $9 per month. Subscribe Now