Welcome!
alcohol beverages
Broker's Calls
CGS-CIMB maintains 'add' rating, TP of 88 cents for ThaiBev in anticipation of FY2023 volume recovery
Analysts say brown spirits and beer will lead the company’s volume recovery in FY2023 ending Sept 30.
April 04, 2023
Broker's Calls
UOB Kay Hian, OCBC analysts find ThaiBev’s valuation attractive and undemanding amid 'solid' 3QFY2022 results
UOB Kay Hian has, however, lowered its TP to 89 cents, while OCBC has retained its TP of 88 cents.
August 29, 2022
Broker's Calls
The absence of Songkran cheer may have 'limited' impact on ThaiBev: RHB
SINGAPORE (April 16): The postponement of the Songkran festival, a popular Thai national holiday, including the ban of alcohol sales, are expected to hit the sales of Thai Beverage’s (ThaiBev) alcoholic drinks.
April 16, 2020