Thai Beverage Earnings Recovery May Be Supported by Some Tailwinds -- Market Talk

4
1
Favorite

Thai Beverage Earnings Recovery May Be Supported by Some Tailwinds -- Market Talk

Dow Jones2022-05-19

2353 GMT - Thai Beverage's earnings recovery may be supported by some tailwinds, says UOB Kay Hian in a research report, as the brokerage raises the stock's target price to S$1.05 from S$0.90 with an unchanged buy rating. With the return of tourist arrivals, management is optimistic that the company's product mix between brown and white spirits will improve for its spirits segment. Also, its raw material costs are expected to soften as the crop yield for molasses in FY 2022 has improved as compared with FY 2021. Tourist arrivals together with bars and nightlife venues reopening would also help boost beer consumption volumes, the brokerage adds. The shares closed 0.7% higher at S$0.695 on Wednesday. (ronnie.harui@wsj.com)

$(END)$ Dow Jones Newswires

May 18, 2022 19:53 ET (23:53 GMT)

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Report

Comment（1）

blakonen
·2022-05-19
Good news
Reply
Like
Report

Most Discussed

7x24

All

Terms and Conditions·Privacy Policy

Company: TTMF Limited. Tech supported by Xiangshang Yixin.

Email：uservice@ttm.financial

{"i18n":{"language":"en_US"},"data":{"share":"https://ttm.financial/m/news/2236712244?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2022-05-19 07:53","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2236712244","market":"hk","top_or_hot":-1,"title":"Thai Beverage Earnings Recovery May Be Supported by Some Tailwinds -- Market Talk","media":"Dow Jones","content":"<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n     2353 GMT - Thai Beverage's earnings recovery may be supported by some tailwinds, says UOB Kay Hian in a research report, as the brokerage raises the stock's target price to S$1.05 from S$0.90 with an unchanged buy rating. With the return of tourist arrivals, management is optimistic that the company's product mix between brown and white spirits will improve for its spirits segment. Also, its raw material costs are expected to soften as the crop yield for molasses in FY 2022 has improved as compared with FY 2021. Tourist arrivals together with bars and nightlife venues reopening would also help boost beer consumption volumes, the brokerage adds. The shares closed 0.7% higher at S$0.695 on Wednesday. (ronnie.harui@wsj.com) \n</p>\n<pre>\n \n</pre>\n<p>\n  <a href=\"https://laohu8.com/S/END\">$(END)$</a> Dow Jones Newswires\n</p>\n<p>\n  May 18, 2022 19:53 ET (23:53 GMT)\n</p>\n<p>\n  Copyright (c) 2022 Dow Jones &amp; Company, Inc.\n</p>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Thai Beverage Earnings Recovery May Be Supported by Some Tailwinds -- Market Talk</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nThai Beverage Earnings Recovery May Be Supported by Some Tailwinds -- Market Talk\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-05-19 07:53 GMT+8&nbsp;&nbsp;&nbsp;<a href=http://dowjonesnews.com/newdjn/logon.aspx?AL=N><strong>Dow Jones</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>2353 GMT - Thai Beverage's earnings recovery may be supported by some tailwinds, says UOB Kay Hian in a research report, as the brokerage raises the stock's target price to S$1.05 from S$0.90 with an ...</p>\n\n<a href=\"http://dowjonesnews.com/newdjn/logon.aspx?AL=N\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"Y92.SI","symbol_name":"泰国酿酒","start_time":0,"source_url":"http://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2236712244","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2236712244","pubTimestamp":1652917980,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"2353 GMT - Thai Beverage's earnings recovery may be supported by some tailwinds, says UOB Kay Hian i","collect":0,"end_time":0,"defaultTopTitle":"","property":["earning"],"viewcount":null,"language":"en","relate_stocks":{"Y92.SI":"泰国酿酒"},"translate_title":"泰国饮料盈利复苏可能受到一些顺风因素的支持--市场传言","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"Y92.SI":0.9},"content_text":"2353 GMT - Thai Beverage's earnings recovery may be supported by some tailwinds, says UOB Kay Hian in a research report, as the brokerage raises the stock's target price to S$1.05 from S$0.90 with an unchanged buy rating. With the return of tourist arrivals, management is optimistic that the company's product mix between brown and white spirits will improve for its spirits segment. Also, its raw material costs are expected to soften as the crop yield for molasses in FY 2022 has improved as compared with FY 2021. Tourist arrivals together with bars and nightlife venues reopening would also help boost beer consumption volumes, the brokerage adds. The shares closed 0.7% higher at S$0.695 on Wednesday. (ronnie.harui@wsj.com) \n\n\n \n\n\n$(END)$ Dow Jones Newswires\n\n\n  May 18, 2022 19:53 ET (23:53 GMT)\n\n\n  Copyright (c) 2022 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[{"id":9023474138,"gmtCreate":1652956238224,"gmtModify":1676535195902,"author":{"id":"3577948524439329","authorId":"3577948524439329","name":"blakonen","avatar":"https://static.tigerbbs.com/a78176b4839a262d0a9aeb2b9b2dc8d0","vip":1,"crmLevel":1,"crmLevelSwitch":0,"idStr":"3577948524439329","authorIdStr":"3577948524439329"},"htmlText":"Good news","listText":"Good news","text":"Good news","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9023474138","repostId":2236712244,"repostType":2,"repost":{"id":"2236712244","kind":"highlight","weMediaInfo":{"introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"media_name":"Dow Jones","id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"pubTimestamp":1652917980,"share":"https://ttm.financial/m/news/2236712244?lang=&edition=fundamental","pubTime":"2022-05-19 07:53","market":"us","language":"en","title":"Thai Beverage Earnings Recovery May Be Supported by Some Tailwinds -- Market Talk","url":"https://stock-news.laohu8.com/highlight/detail?id=2236712244","media":"Dow Jones","summary":"2353 GMT - Thai Beverage's earnings recovery may be supported by some tailwinds, says UOB Kay Hian i","content":"<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n     2353 GMT - Thai Beverage's earnings recovery may be supported by some tailwinds, says UOB Kay Hian in a research report, as the brokerage raises the stock's target price to S$1.05 from S$0.90 with an unchanged buy rating. With the return of tourist arrivals, management is optimistic that the company's product mix between brown and white spirits will improve for its spirits segment. Also, its raw material costs are expected to soften as the crop yield for molasses in FY 2022 has improved as compared with FY 2021. Tourist arrivals together with bars and nightlife venues reopening would also help boost beer consumption volumes, the brokerage adds. The shares closed 0.7% higher at S$0.695 on Wednesday. (ronnie.harui@wsj.com) \n</p>\n<pre>\n \n</pre>\n<p>\n  <a href=\"https://laohu8.com/S/END\">$(END)$</a> Dow Jones Newswires\n</p>\n<p>\n  May 18, 2022 19:53 ET (23:53 GMT)\n</p>\n<p>\n  Copyright (c) 2022 Dow Jones &amp; Company, Inc.\n</p>\n</font>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Thai Beverage Earnings Recovery May Be Supported by Some Tailwinds -- Market Talk</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nThai Beverage Earnings Recovery May Be Supported by Some Tailwinds -- Market Talk\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2022-05-19 07:53</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n     2353 GMT - Thai Beverage's earnings recovery may be supported by some tailwinds, says UOB Kay Hian in a research report, as the brokerage raises the stock's target price to S$1.05 from S$0.90 with an unchanged buy rating. With the return of tourist arrivals, management is optimistic that the company's product mix between brown and white spirits will improve for its spirits segment. Also, its raw material costs are expected to soften as the crop yield for molasses in FY 2022 has improved as compared with FY 2021. Tourist arrivals together with bars and nightlife venues reopening would also help boost beer consumption volumes, the brokerage adds. The shares closed 0.7% higher at S$0.695 on Wednesday. (ronnie.harui@wsj.com) \n</p>\n<pre>\n \n</pre>\n<p>\n  <a href=\"https://laohu8.com/S/END\">$(END)$</a> Dow Jones Newswires\n</p>\n<p>\n  May 18, 2022 19:53 ET (23:53 GMT)\n</p>\n<p>\n  Copyright (c) 2022 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"Y92.SI":"泰国酿酒"},"source_url":"http://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2236712244","content_text":"2353 GMT - Thai Beverage's earnings recovery may be supported by some tailwinds, says UOB Kay Hian in a research report, as the brokerage raises the stock's target price to S$1.05 from S$0.90 with an unchanged buy rating. With the return of tourist arrivals, management is optimistic that the company's product mix between brown and white spirits will improve for its spirits segment. Also, its raw material costs are expected to soften as the crop yield for molasses in FY 2022 has improved as compared with FY 2021. Tourist arrivals together with bars and nightlife venues reopening would also help boost beer consumption volumes, the brokerage adds. The shares closed 0.7% higher at S$0.695 on Wednesday. (ronnie.harui@wsj.com) \n\n\n \n\n\n$(END)$ Dow Jones Newswires\n\n\n  May 18, 2022 19:53 ET (23:53 GMT)\n\n\n  Copyright (c) 2022 Dow Jones & Company, Inc.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"}],"hasMoreComments":true,"newsSizeData":{"likeSize":4,"commentSize":1,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false}}