DBS: Thai Beverage’s recovery is on track
DBS said it was sticking with its Buy call on Thai Beverage despite its shares’ strong rally and despite a drop in second quarter net profit.
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Thai Beverage downgraded by OCBC on ‘more muted’ spirits outlook
OCBC downgraded Thai Beverage to Hold from Buy after the stock runup and pointed to “tempered” expectations for the spirits business.
Thai Beverage reports fiscal 2Q net profit fell around 9 percent
Thai Beverage reported Friday its fiscal 2Q net profit fell 8.6% to 6.76B Thai baht on lower net profit from the spirits, food and F&N/FPL businesses.
UPDATE: Singapore stocks to watch Thursday: Genting Singapore, ThaiBev, Keppel, MLT, Indofood Agri
These are Singapore companies which may be in focus on Thursday, 11 April 2019: Genting Singapore, Thai Beverage, Keppel and Mapletree Logistics Trust.
Fitch revises Thai Beverage outlook to negative from stable
Fitch Ratings on Wednesday revised Thai Beverage’s ratings outlook to negative from stable, amid continued weak domestic demand.
Thai Beverage enters joint ventures with Genki Sushi parent
Thai Beverage said late on Sunday that it was forming two joint ventures with Japanese Dining Concepts (Asia), or JDCA, the franchiser of Genki Sushi.
UPDATE: Singapore stocks to watch Thursday: Frasers Property, Frasers Centrepoint, Ascendas REIT, ThaiBev
These are Singapore companies which may be in focus on Thursday, 21 March 2019: Frasers Property, Ascendas REIT, Thai Beverage and Yongnam.
UPDATE: Singapore stocks to watch Wednesday: Singapore Airlines, Oxley, ThaiBev, Starhill Global
These are Singapore companies which may be in focus on Wednesday, 20 March 2019: Singapore Airlines, Oxley, Thai Beverage and Starhill Global REIT.
Thai Beverage incorporates two subsidiaries with F&N in Thailand
Thai Beverage said on Tuesday that it incorporated two new subsidiaries in Thailand with its associated company F&N for the purpose of investment management.
UPDATE: Singapore stocks to watch Monday: Keppel, Hyflux, SGX, Thai Beverage, Yoma
These are Singapore stocks which may be in focus on Monday, 11 March 2019: Keppel, Hyflux, Singapore Exchange, Thai Beverage and Yoma.
UPDATE: Singapore stocks to watch Monday: Thai Beverage, Ezion, Pine Capital, AA REIT, DeClout
These are Singapore companies which may be in focus on Monday, 4 March 2019: Thai Beverage, Ezion, Pine Capital, AA REIT and Singtel.
UPDATE: Singapore stocks to watch Friday: Singapore Airlines, ThaiBev, StarHub, Creative, Old Chang Kee
This article was originally published on Thursday, 14 February 2019, at 23:09 SGT; it has since been updated to add Cromwell European REIT. These are…
UPDATE: Thai Beverage fiscal 1Q net profit rises 36 percent as spirits and food revenue increased
Thai Beverage reported Thursday fiscal 1Q net profit rose 35.5 percent on-year as revenue from the spirits, F&N/FPL and food businesses all increased.
CGS-CIMB tips Thai Beverage fiscal 1Q earnings grew as Thai beer sales pick up
Thai Beverage appears set to report on Thursday solid earnings growth for its fiscal first quarter amid rising beer sales in Thailand, CGS-CIMB said in a note on Tuesday.
UPDATE: Singapore stocks to watch Friday: CRCT, SingPost, ThaiBev, Cromwell European REIT, GuocoLand
These are Singapore stocks which may in focus on Friday, 1 February 2019: CRCT, ThaiBev, Cromwell European REIT, GuocoLand, Starhill Global REIT and Genting Singapore.
RHB raises Thai Beverage target price after Sabeco loan restructuring
RHB raised its target price on Thai Beverage to S$0.85 from S$0.75 after the restructuring of the Sabeco-related loans, effectively giving it a 53 percent…
Thai Beverage set for ‘big year,’ UOB KayHian says
Thai Beverage appears set for a “big year,” with a domestic consumption recovery expected alongside Thai elections, which historically have driven beer demand, UOB KayHian…
Singapore stocks to watch Friday: Thai Beverage, Wilmar, Redmart, Creative, Hong Leong Asia
These are Singapore shares and companies which may be in focus on Friday, 4 January 2019: Thai Beverage Thai Beverage said on Thursday that it…
Thai Beverage completes restructuring of nearly US$5 billion loan for Sabeco acquisition
Thai Beverage said on Thursday that it has increased its holding in Saigon Beer – Alcohol – Beverage Corp., or Sabeco, by restructuring the around…
Singapore stocks to watch Monday: Singtel, UOB, Sasseur REIT, Japan Foods, Ascendas India Trust
These are Singapore stocks which may be in focus on Monday 10 December 2018: Singtel Singtel’s Optus said on Monday that it acquired new regional…
KGI: Weakness in Thai Beverage shares is opportunity to buy
Recent weakness in Thai Beverage shares after its earnings results disappointed is an opportunity to buy, KGI said in a note on Wednesday. In late…
Thai Beverage earnings disappoint, but analysts still positive
Thai Beverage earnings disappointed expectations, but analysts generally remain positive on the stock. On Monday, Thai Beverage reported its fiscal full-year net profit dropped 40.2…
UPDATE: Singapore stocks to watch Tuesday: Thai Beverage, UOB, Hi-P, Hyflux, City Developments
These are Singapore stocks which may be in focus on Tuesday 27 November 2018: Thai Beverage Thai Beverage reported on Monday that its fiscal full-year…
Thai Beverage reports fiscal full-year net profit fell 40 percent despite revenue rise
Thai Beverage reported on Monday that its fiscal full-year net profit dropped 40.2 percent on-year to 20.73 billion Thai baht amid lower profit contributions from…
UPDATE: Singapore stocks to watch Monday: CDL Hospitality Trusts, Dukang Distillers, Keppel, Procurri
These are Singapore stocks which may be in focus on Monday 19 November 2018: Golden Energy Golden Investments (Australia), which is 51 percent owned by…
