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.

M&A

ThaiBev is tempting Budweiser with a Saigon brew

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

Results

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

Results

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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