Thai Beverage - Rebound In Volumes, Beer Less Relevant

Thai Beverage - Phillip Securities 2024-11-25: Rebound In Volumes, Beer Less Relevant

Thai Beverage - Rebound In Volumes, Beer Less Relevant

SGinvestors.io

Published: 2024-11-25 03:23 PM

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Post-share swap, Thai Beverage will avoid swings in earnings from Frasers Property (SGX:TQ5) fair value changes and lumpy development projects. In exchange, it will receive more stable beverage profits, including Vinamilk. Non-alcoholic beverages will account for 15% of PATMI, larger than beer’s 10%.

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The Positive

Volume boost.

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Above is an excerpt from a report by Phillip Securities Research.
Clients of Phillip Capital may be the first to access the full PDF report @ https://www.stocksbnb.com/.

SGinvestors.io

Paul Chew Phillip Securities Research | http://www.poems.com.sg/ 2024-11-25

Read also Phillip's most recent report:
2025-02-17 Thai Beverage 1QFY25 Business Update - A Slow Start.

Price targets by other brokers at Thai Beverage Target Prices.

Listing of research reports at Thai Beverage Analyst Reports.

Relevant links:
Thai Beverage Share Price History,
Thai Beverage Announcements,
Thai Beverage Dividend Payout Dates & Corporate Actions,
Thai Beverage News