ThaiBev    Last:0.43    +0.005

ThaiBev

towards 6 series

 

Dont think there are any sell calls on TB but Citi and JPM did for SGX. Not suggesting to believe the analysts views but its an alternative point of reference and perspective for consideration. End of the day, its our own money to allocate and was just sharing the note in case of use to the others who follow the stock.

finjungle      ( Date: 14-Feb-2025 20:24) Posted: Believe and rely on analysts' calls at your own peril. Just think aof this - any analyst give a SELL call? vicloo      ( Date: 14-Feb-2025 16:44) Posted: Analyst call and TP has zero impact to this counter. In fact, buy calls caused it to fall more.

 

Believe and rely on analysts' calls at your own peril.

Just think aof this - any analyst give a SELL call?

vicloo      ( Date: 14-Feb-2025 16:44) Posted: Analyst call and TP has zero impact to this counter. In fact, buy calls caused it to fall more. n3wbie      ( Date: 14-Feb-2025 07:05) Posted: Sharing the earnings update note published by DBS overnight -  ---- Don&rsquo t be dispirited, have a cold beer 1Q25 revenue at THB92.3bn, up 2.4% y/y, forming 26% of our estimates, in-line 1Q25 EBITDA at THB16.4bn, down 0.8% y/y, forming 25.6% of our estimates, below estimates Based on readthrough from SABECO, Thai beer likely saw strong top-line and EBITDA growth, supporting case of Beer Co IPO Maintain BUY with TP at SGD0.77 What&rsquo s New ThaiBev&rsquo s 1Q25 revenue rose 2.4% y/y to THB92.3bn, while EBITDA declined 0.8% y/y to THB16.4bn. Beer (+8.0% y/y) and non-alcoholic beverage (NAB) (+7.2% y/y) drove growth, while spirits fell 4.8% y/y. EBITDA growth was strong in beer (+16.6%), benefiting from margin expansion due to lower raw material costs and efficient advertising spend. NAB also saw strong EBITDA growth (+15.6%) and benefited from margin expansion driven by improved production efficiency and a favourable cost environment. However, the strong growth was offset by a 12.0% y/y EBITDA decline in spirits, where higher raw material costs and increased marketing expenses pressured margins. Our views 1Q25 EBITDA reached 25.6% of estimates, behind the 28.0% contribution in 1Q24. Spirits&rsquo weakness will likely be top of mind, but we anticipate sequential margin improvement as lower molasses costs filter through. While no geographical beer breakdown was provided, SABECO&rsquo s 5% top-line growth and 7% EBITDA decline for the quarter suggests that Thai beer performed well, likely delivering > 8% top-line growth and > 17% EBITDA growth. This strengthens the case for a Beer Co IPO materialising. We maintain our BUY call, TP SGD0.77.

 

Be contrarian lah.
Sell when they say buy and buy when they say sell.... lol

vicloo      ( Date: 14-Feb-2025 16:44) Posted: Analyst call and TP has zero impact to this counter. In fact, buy calls caused it to fall more. n3wbie      ( Date: 14-Feb-2025 07:05) Posted: Sharing the earnings update note published by DBS overnight -  ---- Don&rsquo t be dispirited, have a cold beer 1Q25 revenue at THB92.3bn, up 2.4% y/y, forming 26% of our estimates, in-line 1Q25 EBITDA at THB16.4bn, down 0.8% y/y, forming 25.6% of our estimates, below estimates Based on readthrough from SABECO, Thai beer likely saw strong top-line and EBITDA growth, supporting case of Beer Co IPO Maintain BUY with TP at SGD0.77 What&rsquo s New ThaiBev&rsquo s 1Q25 revenue rose 2.4% y/y to THB92.3bn, while EBITDA declined 0.8% y/y to THB16.4bn. Beer (+8.0% y/y) and non-alcoholic beverage (NAB) (+7.2% y/y) drove growth, while spirits fell 4.8% y/y. EBITDA growth was strong in beer (+16.6%), benefiting from margin expansion due to lower raw material costs and efficient advertising spend. NAB also saw strong EBITDA growth (+15.6%) and benefited from margin expansion driven by improved production efficiency and a favourable cost environment. However, the strong growth was offset by a 12.0% y/y EBITDA decline in spirits, where higher raw material costs and increased marketing expenses pressured margins. Our views 1Q25 EBITDA reached 25.6% of estimates, behind the 28.0% contribution in 1Q24. Spirits&rsquo weakness will likely be top of mind, but we anticipate sequential margin improvement as lower molasses costs filter through. While no geographical beer breakdown was provided, SABECO&rsquo s 5% top-line growth and 7% EBITDA decline for the quarter suggests that Thai beer performed well, likely delivering > 8% top-line growth and > 17% EBITDA growth. This strengthens the case for a Beer Co IPO materialising. We maintain our BUY call, TP SGD0.77.

 

Analyst call and TP has zero impact to this counter. In fact, buy calls caused it to fall more.

n3wbie      ( Date: 14-Feb-2025 07:05) Posted: Sharing the earnings update note published by DBS overnight -  ---- Don&rsquo t be dispirited, have a cold beer 1Q25 revenue at THB92.3bn, up 2.4% y/y, forming 26% of our estimates, in-line 1Q25 EBITDA at THB16.4bn, down 0.8% y/y, forming 25.6% of our estimates, below estimates Based on readthrough from SABECO, Thai beer likely saw strong top-line and EBITDA growth, supporting case of Beer Co IPO Maintain BUY with TP at SGD0.77 What&rsquo s New ThaiBev&rsquo s 1Q25 revenue rose 2.4% y/y to THB92.3bn, while EBITDA declined 0.8% y/y to THB16.4bn. Beer (+8.0% y/y) and non-alcoholic beverage (NAB) (+7.2% y/y) drove growth, while spirits fell 4.8% y/y. EBITDA growth was strong in beer (+16.6%), benefiting from margin expansion due to lower raw material costs and efficient advertising spend. NAB also saw strong EBITDA growth (+15.6%) and benefited from margin expansion driven by improved production efficiency and a favourable cost environment. However, the strong growth was offset by a 12.0% y/y EBITDA decline in spirits, where higher raw material costs and increased marketing expenses pressured margins. Our views 1Q25 EBITDA reached 25.6% of estimates, behind the 28.0% contribution in 1Q24. Spirits&rsquo weakness will likely be top of mind, but we anticipate sequential margin improvement as lower molasses costs filter through. While no geographical beer breakdown was provided, SABECO&rsquo s 5% top-line growth and 7% EBITDA decline for the quarter suggests that Thai beer performed well, likely delivering > 8% top-line growth and > 17% EBITDA growth. This strengthens the case for a Beer Co IPO materialising. We maintain our BUY call, TP SGD0.77.

 

yes, cannot trade one, must buy n hold. Patience is the game 

halleluyah      ( Date: 14-Feb-2025 09:09) Posted: bro viva, tis big elephant vry hard to play...go fr momemntum stock better or else $$ kena stuck....might go kiss 0.47....dyodd.... vivacious      ( Date: 14-Feb-2025 09:04) Posted: queuing at 495 to average down

 

bro viva, tis big elephant vry hard to play...go fr momemntum stock better or else $$ kena stuck....might go kiss 0.47....dyodd....

vivacious      ( Date: 14-Feb-2025 09:04) Posted: queuing at 495 to average down

 

queuing at 495 to average down

 

 

https://www.theedgesingapore.com/capital/results/thaibevs-1qfy2025-revenue-24-y-o-y-9227-bil-baht

Thai Beverage (ThaiBev) has reported revenue of 92.27 billion baht ($3.68 billion) for the 1QFY2025 ended Dec 31, 2024, 2.4% higher y-o-y on a restated basis after the consolidation of Fraser and Neave (F&N) in September 2024.

The higher revenue was attributed to ?satisfactory improvement? from the group?s beer and non-alcoholic beverage (NAB) businesses.

Total ebitda dipped by 0.8% y-o-y to 16.44 billion baht mainly due to the lower ebitda in ThaiBev?s spirits, food and ?others? segments offset by increases in beer and NAB.

Revenue for ThaiBev?s beer business rose by 11.8% y-o-y to 36.11 billion baht as total sales volume increased across all of the group?s key markets. Ebitda rose by 16.6% y-o-y to 4.43 billion baht driven from lower raw material costs and effective brand investments and market activities.

ThaiBev?s spirits business saw revenue decline by 4.8% y-o-y to 32.24 billion baht as total sales volume fell by 6.2% y-o-y. Ebitda dropped by 12% y-o-y to 7.95 billion baht due to higher raw material costs and marketing spend for its new product launch.

Revenue for the NAB business rose by 7.2% y-o-y to 16.96 billion baht as total sales volume increased by 7.5% y-o-y across all categories in all key markets. Ebitda rose by 15.6% y-o-y to 3.33 billion baht due to better efficiency in production and favourable cost environment.

 

https://links.sgx.com/1.0.0/corporate-announcements/5IIP93VLH0ELCLME/833026_Business_Update_1Q25.pdf

 

Ya agree.... jialat elephant stock... zzzzzz

Already put most of my money in the US mkt instead.... they can drop fast, but up also fast.

stlimst      ( Date: 13-Feb-2025 12:27) Posted: I think hard to win the Thai BBs. Siam this stock if possible. satruz      ( Date: 13-Feb-2025 12:07) Posted: In SGX, only can be Oversold... nothing has been Overbought 🤣 🤣 🤣

 

I think hard to win the Thai BBs.
Siam this stock if possible.

satruz      ( Date: 13-Feb-2025 12:07) Posted: In SGX, only can be Oversold... nothing has been Overbought 🤣 🤣 🤣 vivacious      ( Date: 13-Feb-2025 10:36) Posted: OVERSOLD

 

In SGX, only can be Oversold... nothing has been Overbought 🤣 🤣 🤣

vivacious      ( Date: 13-Feb-2025 10:36) Posted: OVERSOLD

 

OVERSOLD

 

Dumpers only know how to dump. This news no good? 

https://www.channelnewsasia.com/asia/thailand-f1-race-potential-bid-tourism-economic-benefits-costs-4928066?cid=internal_sharetool_ipad_13022025_cna

 

Jialat liao.... maybe 49/495 by tmr. ...

If hit 46/47, I'll add more.

satruz      ( Date: 10-Feb-2025 10:26) Posted: If continue dropping like that, will be sub 50 by this week. Div also can't cover the losses 😢

 

Usually delist offer is maximum 30-40% higher than market price. Good offer would be at 40%, is 51c x 1.4 = 72c.

vivacious      ( Date: 11-Feb-2025 12:49) Posted: delist at $1 and call it a day lah

 

Too many sharks and crocs in SGX. 

They allowed BB easily to borrow shares and short

stlimst      ( Date: 11-Feb-2025 14:25) Posted: Go ask the likes of OSIM, SEA, Grab, etc why there chose NOT to list in SGX. JessTrang      ( Date: 11-Feb-2025 13:46) Posted: That' s why i don' t understand what good quality companies SGX want to lure...

 

Go ask the likes of OSIM, SEA, Grab, etc why there chose NOT to list in SGX.

JessTrang      ( Date: 11-Feb-2025 13:46) Posted: That' s why i don' t understand what good quality companies SGX want to lure...  Speediman      ( Date: 11-Feb-2025 12:56) Posted: SGX is a haven for undervaluation.  Companies can easily go back to private at low premiums.  See how much Suntec Reit and Paragon Reit is offering to go privat