ThaiBev

Analysts keep 'buy' call on ThaiBev despite decline in 1HFY2024 results - THE EDGE SINGAPORE

Broker's Calls

Analysts keep 'buy' call on ThaiBev despite decline in 1HFY2024 results

DBS and UOBKH believe that headwinds will abate and economic activity will recover in 2H2024.

Results

Thai Beverage's 2QFY2024 earnings weighed down by associates

The company plans to maintain its interim dividend at 0.15 baht per share.
Analysts cheer ThaiBev despite lower FY2023 earnings - THE EDGE SINGAPORE

Investing ideas

Analysts cheer ThaiBev despite lower FY2023 earnings

While the beer segment is losing some fizzle, the spirits business is seen to have more room to do better
As bulls and bears remain asleep, stay put in high-yield and non-cyclical counters - THE EDGE SINGAPORE

Investing ideas

As bulls and bears remain asleep, stay put in high-yield and non-cyclical counters

'Either the share prices go up, or earnings will come down. Of course, we hope valuations will go up'
Thai Bev Ebitda for 9MFY2023 dips despite higher revenue on higher costs - THE EDGE SINGAPORE

Results

Thai Bev Ebitda for 9MFY2023 dips despite higher revenue on higher costs

Revenue for 9MFY2023 was up 3.8% y-o-y but Ebitda was down 3.4%

Broker's Calls

KGI reiterates 'buy' call on Thai Beverage, citing favourable post-election environment

In addition, consumer confidence for May has reached the highest level since the pandemic
ThaiBev ID Wee gulps 100,000 shares as price dips to pandemic-low - THE EDGE SINGAPORE

Insider moves

ThaiBev ID Wee gulps 100,000 shares as price dips to pandemic-low

ThaiBev shares have declined by around a-fifth year to date
Boutique brewers in Thailand to gain market share   - THE EDGE SINGAPORE

Company in the news

Boutique brewers in Thailand to gain market share

New Thai government may introduce legislation to remove beer duopoly
CGS-CIMB maintains 'add' rating, TP of 88 cents for ThaiBev in anticipation of FY2023 volume recovery - THE EDGE SINGAPORE

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.
Sheng Siong and ThaiBev deemed as RHB's 12 'diamonds' across the region - THE EDGE SINGAPORE

Broker's Calls

Sheng Siong and ThaiBev deemed as RHB's 12 'diamonds' across the region

According to RHB, these 12 'diamonds' each have an ROE of 15% or more
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