es-To The Moon - Tiger Brokers Online Investing Community - To The Moon

Like
Comment
Favorite

kk1357
2023-07-05

es

KGI Reiterates Buy Call on Thai Beverage, Citing Favourable Post-Election Environment

KGI Securities has reiterated its "buy" call on Thai Beverage, with a target price of 65 cents, on recovering consumer confidence.Citing the latest consumer confidence survey in Thailand, the index re

KGI Reiterates Buy Call on Thai Beverage, Citing Favourable Post-Election Environment

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.

Like

Report

Comment

Top
Latest

empty

No comments yet

Most Discussed

Terms and Conditions·Privacy Policy

Company: TTMF Limited. Tech supported by Xiangshang Yixin.

Email：uservice@ttm.financial

{"i18n":{"language":"en_US"},"data":{"magic":2,"id":194686029332480,"tweetId":"194686029332480","gmtCreate":1688550691384,"gmtModify":1688550694612,"author":{"id":4149675617892772,"idStr":"4149675617892772","authorId":4149675617892772,"authorIdStr":"4149675617892772","name":"kk1357","avatar":"https://community-static.tradeup.com/news/86cd62552a03d43c2fa26540354f9571","vip":1,"userType":1,"introduction":"","boolIsFan":false,"boolIsHead":false,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[],"fanSize":0,"starInvestorFlag":false},"themes":[],"images":[],"coverImages":[],"html":"<html><head></head><body><p>es</p></body></html>","htmlText":"<html><head></head><body><p>es</p></body></html>","text":"es","highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"link":"https://ttm.financial/post/194686029332480","repostId":1139739232,"repostType":2,"repost":{"id":"1139739232","kind":"news","pubTimestamp":1688549723,"share":"https://www.laohu8.com/m/news/1139739232?lang=&edition=full","pubTime":"2023-07-05 17:35","market":"sg","language":"en","title":"KGI Reiterates Buy Call on Thai Beverage, Citing Favourable Post-Election Environment","url":"https://stock-news.laohu8.com/highlight/detail?id=1139739232","media":"The Edge Singapore","summary":"KGI Securities has reiterated its \"buy\" call on Thai Beverage, with a target price of 65 cents, on recovering consumer confidence.Citing the latest consumer confidence survey in Thailand, the index re","content":"<html><head></head><body><p>KGI Securities has reiterated its &#34;buy&#34; call on Thai Beverage, with a target price of 65 cents, on recovering consumer confidence.</p><p style=\"text-align: start;\">Citing the latest consumer confidence survey in Thailand, the index recovered in May to 50.2 points - the highest level since the outbreak.</p><p style=\"text-align: start;\">&#34;The promising recovery was driven by the growth in tourism and the demand for industrial and agricultural goods,&#34; says KGI in its July 5 note.</p><p>Thai Beverage sells both alcoholic and non-alcoholic beverages.</p><p style=\"text-align: start;\">From the perspective of KGI, recent election results is likely to be favourable to Thai Bev.</p><p style=\"text-align: start;\">The Move Forward Party, winner of the most seats, is known to oppose the existing strict liquor law which is viewed as preserving a duopoly by suppressing microbreweries and distilleries.</p><p>Together with Rawd Brewery, which sells Singha beer, and Thai Bev, which is behind Chang beer, these two companies have a combined 94% market share of the local beer market.</p><p style=\"text-align: start;\">&#34;Though it is possible for the new government to ease the production curb, the dominance of the two giants will remain unchanged in the near term as their economy of scale can maintain stable profit margins amidst a high inflation environment,&#34; says KGI.</p><p style=\"text-align: start;\">The brokerage expects revenue for the coming 2QFY2023 to be up 2% y-o-y to THB67.4 billion and for earnings to be up 3% y-o-y to THB 7.4 billion, thanks to a slight improvement in margins.</p><p></p><p></p></body></html>","source":"lsy1655096814160","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>KGI Reiterates Buy Call on Thai Beverage, Citing Favourable Post-Election Environment</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\">\nKGI Reiterates Buy Call on Thai Beverage, Citing Favourable Post-Election Environment\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-07-05 17:35 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.theedgesingapore.com/capital/brokers-calls/kgi-reiterates-buy-call-thai-beverage-citing-favourable-post-election><strong>The Edge Singapore</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>KGI Securities has reiterated its \"buy\" call on Thai Beverage, with a target price of 65 cents, on recovering consumer confidence.Citing the latest consumer confidence survey in Thailand, the index ...</p>\n\n<a href=\"https://www.theedgesingapore.com/capital/brokers-calls/kgi-reiterates-buy-call-thai-beverage-citing-favourable-post-election\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"Y92.SI":"泰国酿酒"},"source_url":"https://www.theedgesingapore.com/capital/brokers-calls/kgi-reiterates-buy-call-thai-beverage-citing-favourable-post-election","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1139739232","content_text":"KGI Securities has reiterated its \"buy\" call on Thai Beverage, with a target price of 65 cents, on recovering consumer confidence.Citing the latest consumer confidence survey in Thailand, the index recovered in May to 50.2 points - the highest level since the outbreak.\"The promising recovery was driven by the growth in tourism and the demand for industrial and agricultural goods,\" says KGI in its July 5 note.Thai Beverage sells both alcoholic and non-alcoholic beverages.From the perspective of KGI, recent election results is likely to be favourable to Thai Bev.The Move Forward Party, winner of the most seats, is known to oppose the existing strict liquor law which is viewed as preserving a duopoly by suppressing microbreweries and distilleries.Together with Rawd Brewery, which sells Singha beer, and Thai Bev, which is behind Chang beer, these two companies have a combined 94% market share of the local beer market.\"Though it is possible for the new government to ease the production curb, the dominance of the two giants will remain unchanged in the near term as their economy of scale can maintain stable profit margins amidst a high inflation environment,\" says KGI.The brokerage expects revenue for the coming 2QFY2023 to be up 2% y-o-y to THB67.4 billion and for earnings to be up 3% y-o-y to THB 7.4 billion, thanks to a slight improvement in margins.","news_type":1},"isVote":1,"tweetType":1,"viewCount":222,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":[],"verified":2,"subType":0,"readableState":1,"langContent":"EN","currentLanguage":"EN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"andRepostAutoSelectedFlag":false,"upFlag":false,"length":2,"xxTargetLangEnum":"ORIG"},"commentList":[],"hasMoreComment":false,"orderType":2}