Thai Beverage PLC (ThaiBev)

DBS lowers ThaiBev’s TP to 75 cents, says valuation is ‘unjustifiably low’ - THE EDGE SINGAPORE

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.

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.

Broker's Calls

Brokers' Digest: SGX, Keppel REIT, CICT, Aztech Global, ThaiBev

See what the analysts have to say this week.
ThaiBev to list brewery unit on SGX, seeks US$10 bil valuation; could be biggest IPO in decade - THE EDGE SINGAPORE


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.

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

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


ThaiBev is tempting Budweiser with a Saigon brew

HONG KONG (Dec 3): A Thai billionaire is tempting Budweiser to the bar.


ThaiBev reports 22% rise in 3Q earnings to $302 mil on higher sale volume of spirits and soft drinks

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.

Broker's Calls

ThaiBev kept at 'buy' by these 6 houses as management stays upbeat on FY19

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

Broker's Calls

ThaiBev’s ops performance to pick up in FY19; issues debentures

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.