My Trading plan for ThaiBev

My Trading plan for ThaiBev is as follows:-

 I would only take action to Long if it is able to cross over 66 cents decisively.

 First Target price would be 70 cents follow-by next target price of 72 cents.

 Don't be greedy! As we are trying to ride on the counter trend reaction. Whether will it be able to sustain after this move, it would be very much depends on market direction.


 My Stop Loss price would be at 63 cents.

 My max no. of unit to Buy would be 16,600 share.

 Not a call to buy or sell.

 Please do your own due diligence.

Thai Beverage Public Company Limited, together with its subsidiaries, produces and distributes alcoholic and non-alcoholic beverages, and food products in Thailand and internationally. The company operates through Spirits, Beer, Non-Alcoholic Beverages, and Food segments. It offers liquor and beer products; spirits, including brown spirits, white spirits, herbs, and other products; and non-alcoholic beverages comprising drinking and soda water, electrolyte beverages, energy drinks, green and herbal tea, ready-to-drink coffee, carbonated soft drinks, isotonics, soya drinks, Asian and sparkling drinks, coconut water, cordials, pasteurized milk, UHT milk, sterilized milk, yoghurt, canned milk, pasteurized juice, ready-to-drink juice, ice cream, and cereal bars. The company also provides chilled and frozen food products, and snack products; and oak barrels, light construction bricks, fertilizers, animal feed and supplementary animal feed, etc. In addition, it engages in the operation of Japanese restaurants, bakeries, and social enterprise; production and distribution of biogas; trading of molasses; and the provision of advertising agency, marketing, training, consultancy, asset and brands management, transportation and distribution, procurement, and human resources and organization development services. Further, the company is involved in the trading of bottles and supplies; distribution of beverages; and production of plastic packaging and related businesses. Thai Beverage Public Company Limited was founded in 2003 and is based in Bangkok, Thailand.