$THAI BEVERAGE PUBLIC CO LTD(Y92.SI)$Finally something interesting is coming to this ping pong stock that might just turn it into a rocket like yzj. ThaiBev' s beer subsidiary receives eligibility to list from SGX  for the proposed separate listing of its beer subsidiary.The spin off was first mooted, then put on hold, and then revived on May 5.

According to the letter, it's still subjective. That's why we shd not be overly optimistic. Just gotta wait n see. If approved, there's still plenty of time to buy-in when its on the uptrend, rather than do speculative purchases now. No doubt this is a good long term stock, but the (opportunity) cost of holding it now is just too high. Money can be better invested in other non-chacha stocks. But this is only my opinion la, everyone has their own investment strategy

This maybe the beginning of an extended period of cyclical bull in secular bear. If so, better to look for boring but stable stuff. At least we are paid dividends twice a year too while waiting. Just my 2 cts worth.

The receipt of the eligibility to list letter is one of the requirements which has to be met in order for ThaiBev to proceed with the proposed spin-off listing says ThaiBev on June 15