Thaibev - The revival of the ipo listing of the Beer subsidiary may be the next catalyst to drive the price higher

 Buy on rumours! Sell on news!

Quite: The IPO of the beer unit called BeerCo is possible as early as the third quarter of 2025 to take advantage of global stocks market rally!

She may rise up to reclaim 59.5-60 cents. A nice breakout with ease we may see her testing 65 cents and above!

5th December 2024:

  ThaiBev - A long and wide bearish candlestick appearing on the chart yesterday looks rather threatening!

Will she be able to overcome this challenge and continue to rise up after this pause! Let's wait for market confirmation!

Pls dyodd. 

27th November 2024:

ThaiBev  - She is gaining momentum likely to test 55 cents! A nice crossing over with ease we may see her rising up further towards 60 cents! XD 6th Fed for 47 cents THB.

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Pls dyodd.

19th Nov 2024:

 ThaiBev  - Chart wise,  she is rising up to retest 54.5 cents. 

A nice breakout smoothly plus good volume we may see her rising up higher towards 60 cents. Final dividend is slightly higher at 47 cents THB.

Pls dyodd. 

22nd November 2024:

 ThaiBev - Full Year results is out! Total Revenue is up 2. 2 percent to 340289m , EBITDA is up 4.5 percent to 61650m, Net Profit is up 0.6 percent to 35270m. 

Final dividend is slightly higher at 47 cents THB versus 45 cents.

I think results is not bad! 

Pls dyodd.