Thai Beverage PLC (ThaiBev)

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)

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.


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-t

Broker's Calls

Thaibev kept at 'buy' with 94 cents target as regional F&B player ambition stays intact

SINGAPORE (Aug 15): DBS Group Research is keeping Thai Beverage at “buy” with target price of 94 cents saying the group’s potential of evolving into a regional beverage player remains intact althou


Thai Beverage reports 61% fall in 3Q earnings to $248 mil on weak spirits sales and absence of fair value gains

SINGAPORE (Aug 14) Thai Beverage PLC reported weaker than expected 3Q earnings of THB 6 billion ($248 million) which was 60.7% lower compared to a year ago.

Broker's Calls

Go for sold-down defensive stocks to navigate tricky trade war: KGI

SINGAPORE (June 25): The Singapore stock market has been spooked by a few events recently, including US-China trade wars and Opec’s tussle with expanding oil production.

Broker's Calls

Thai Beverage kept at 'buy' on accretive acquisitions, World Cup boost

SINGAPORE (May 17): The Fifa World Cup competition is expected to boost on-trade sales and consumption of Thai Beverage’s beers, not only in the kingdom but also in Vietnam, say analysts.

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