ThaiBev

I think BB heard what we are expecting for a rebound from the current price level of 64 cents.

 I think it will be good to wait for market confirmation before jumping on the bangawon.

 Nobody knows what would be the next move from BB.


 Don't follow the crowd/noises shouting I have long for this counter that it is about time to go Up.

 Is ultra important to have your own plan. It is very risky to trade against the Trend. As we are expecting a counter trend movement.

 It will take a harder perspective to go up.


 The crucial level to watch is if the recent low of 63.5 cents will it be broken down. Breaking down with high volume that would be rather bearish and may see it slide further down towards 61 cents then 59 cents with extension to 55 cents. Not a call to buy or sell. Please do your own due diligence.

NAV of 20.04 cents.
Trailing EPS of about 3.4 cents.
PE of about 19x.
I think Doesn't look cheap at this level.


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.