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That' s why i don' t understand what good quality companies SGX want to lure...
Speediman ( Date: 11-Feb-2025 12:56) Posted:
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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 private
See how much Suntec Reit and Paragon Reit is offering to go private
JessTrang ( Date: 11-Feb-2025 11:44) Posted:
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delist at $1 and call it a day lah
They chose to list in Thailand but was faced with huge uproar, hence here they are in SGX.
Now i also very sceptical about companies choosing to list here when local companies have been opting to list abroad.
List here, wait a few years for low share price and then delist.
Now i also very sceptical about companies choosing to list here when local companies have been opting to list abroad.
List here, wait a few years for low share price and then delist.
stlimst ( Date: 11-Feb-2025 10:48) Posted:
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My view is simply this : if Thai Bev is such a good and great company, why list in SGX?
Speediman ( Date: 11-Feb-2025 10:44) Posted:
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BB are disappointed with ThaiBev management. They cry wolf so many times about beerco IPO but end of the day no further action.
ThaiBev last gave a hint of Dec 24 for Beerco IPO...but its all quiet now.
Lost of Trust!
ThaiBev last gave a hint of Dec 24 for Beerco IPO...but its all quiet now.
Lost of Trust!
Terrible indeed 56 to 51c in few days.
satruz ( Date: 10-Feb-2025 10:26) Posted:
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ThaiBev expected to still dominate domestic market as Thailand eases liquor production laws
High barriers to entry for small producers and entrepreneurs abound, including time needed to build up networks, maintain quality control
THAILAND&rsquo S Lower House recently passed a Bill to promote liquor production by small distilleries and breweries, in a move designed to loosen the grip of the kingdom&rsquo s dominant liquor players.
But market watchers believe that the domestic market share of Thai Beverage (ThaiBev : Y92 -0.96%) is unlikely to be heavily shaken. The maker of Chang Beer has built up an entrenched distribution network in Thailand over several years, and this would be difficult for new entrants to replicate.
New players will also have to navigate the country&rsquo s strict advertising rules for alcohol.
Dominant market leaders
The Community Liquor Bill, which received approval from lawmakers in Thailand&rsquo s House of Representatives, opens the way for individual entrepreneurs, cooperatives and farmers&rsquo groups to secure licences to produce and trade liquor.
Some media reports suggested that new players may affect the incumbent ones, particularly Singapore-listed ThaiBev and Boon Rawd Brewery, which are dominant in the kingdom&rsquo s beer and spirits market.
However, analysts who spoke to The Business Times pointed to the many barriers that the new players would have to overcome.
Alfie Yeo, senior research analyst at RHB Singapore, said that as a market leader, ThaiBev enjoys the kind of scale that only other major beer players can rival: &ldquo We believe it wouldn&rsquo t be easy for smaller players to take market share away from the incumbents, since it will involve brand building and distribution network, which takes time.&rdquo
Meghana Kande, research analyst at CGS International Securities Singapore, agreed, saying: &ldquo Near-term barriers to entry for alcohol producers are still high, given the time and capital required to build production capacity and distribution networks, and maintain quality standards.&rdquo
She estimated that ThaiBev has around 90 per cent of the domestic market share for spirits by volume in the beer arena, it has cornered 42 per cent of the market.
For the fiscal year 2024, the top line for both segments grew. Revenue from spirits rose 0.8 per cent to 120.7 billion baht (S$4.8 billion) that from beer climbed 2.4 per cent to 126.3 billion baht.
Spirits and beer contribute to 35.5 per cent and 37.1 per cent, respectively, of ThaiBev&rsquo s overall FY2024 top line.
Other factors
Analysts also credited other factors, including ThaiBev&rsquo s own efforts, which could make it difficult for new entrants to scale up in the industry.
DBS Group Research analysts Andy Sim and Chee Zheng Feng noted ThaiBev&rsquo s regular refreshing of its line-up of spirits and beers, and the attention it has given to its non-alcoholic beverages and its businesses outside Thailand.
And then there are the kingdom&rsquo s strict alcohol advertising laws, which, for example, bar displays of the actual beverage, packaging and container advertisements also cannot promote such alcoholic drinks in a positive light, such as by claiming health benefits.
That said, Sim and Chee believe new players could stimulate the overall market in terms of consumption, and grow the industry in terms of value, if not volume.
Paul Chew, head of research at Phillip Securities, said beyond these smaller players, the larger threat looming for ThaiBev is beverage maker Carabao Group, which has its sights on cornering a fifth of the market in three to five years.
In November 2023, the conglomerate entered the beer market through its Carabao and Tawandang beer brands. The group said then that it was aiming to become one of the top three players in Thailand&rsquo s beer market.
If continue dropping like that, will be sub 50 by this week. Div also can't cover the losses 😢
this stk is for long term. And there are 2 rounds of div payout annually
XD div less than 2%, but stock dropped 2 day nearly total 5% down
JessTrang ( Date: 06-Feb-2025 17:38) Posted:
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Hahaha, follow you lah 🫶
vivacious ( Date: 06-Feb-2025 17:46) Posted:
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this will go 6 or 7 series soon lah
Yeap.. wonder what have we missed out and dump like them..
stlimst ( Date: 06-Feb-2025 17:32) Posted:
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Kidnapping, new breweries entrants, currency movements, political swings, minimum wages implementation, high houshold debts, air pollution, severe flooding etc... so many bad news, we see the next result.. lol
YibaoI ( Date: 06-Feb-2025 15:19) Posted:
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Totally agree..up to the BBs.
I rest my case.
I rest my case.
Trade8668 ( Date: 06-Feb-2025 16:57) Posted:
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Stocks in SGX very small market and can easily be manipulated. Money can make any stocks that are trading below $1 to go whichever directions you want.
JessTrang ( Date: 06-Feb-2025 11:42) Posted:
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Yes, BEERCO IPO will eventually come.
Meantime we just wait & collect dividends which come with better exchange rates.
We are half time into the MAS stock market review.
Am sure good things will come from this review.
YibaoI ( Date: 06-Feb-2025 15:19) Posted:
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Ya, maybe better to delist from SGX and list somewhere else.
Most SGX stocks are known to have low valuation...right?
Most SGX stocks are known to have low valuation...right?
JessTrang ( Date: 06-Feb-2025 12:28) Posted:
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sometimes shares prices is move by sentiments and emotions.
recent thai myanmar chinese kidnapping likely also make ppl stay away from thailand related stocks.
good time to accumulate more stocks at lower entry point if you have funds for it.
if not just wait it out and get dividend while waiting for price to go up.
i hope for better news like better next quarter updates or beerco ipo news soon haha.
happy cny to all. dyodd
recent thai myanmar chinese kidnapping likely also make ppl stay away from thailand related stocks.
good time to accumulate more stocks at lower entry point if you have funds for it.
if not just wait it out and get dividend while waiting for price to go up.
i hope for better news like better next quarter updates or beerco ipo news soon haha.
happy cny to all. dyodd