SG Talk

ThaiBev mulling price increase on key products amid cost pressures; FY21 net profit up 8.3% to 24.6 billion baht
FRI, NOV 26, 2021 - 9:18 PM  UPDATED FRI, NOV 26, 2021 - 9:35 PM

THAI Beverage Public Company (ThaiBev) ThaiBev: Y92 -2.8% on Friday (Nov 26) reported net profit of 24.6 billion baht (S$1 billion) for the full fiscal year 2021 ended September, some 8.3 per cent higher than earnings of 22.8 billion baht in the year-ago...

Results came out after Friday’s sell down due to the new covid strain.

Next week may rebound up

An unloved stock... unappreciated

(27-11-2021, 02:24 PM)Galilo_l Wrote: [ -> ]An unloved stock... unappreciated

Ya, most mustlim dont like to drink.

(27-11-2021, 11:53 AM)klat Wrote: [ -> ]Results came out after Friday’s sell down due to the new covid strain.

Next week may rebound up

market sentiments take precedence on gd results.
they will sell w a small profit rather than keep to sell later a loss.
this strategy never chsange since birth osf stock markets

I would day this is a decent defensive stock.
It's products are all brand names with pricing power.

The thing I don't like is it has whole pile of debt which is a drag.

Quote:Thai Beverage had ฿220.1b in debt in March 2021; about the same as the year before. On the flip side, it has ฿37.5b in cash leading to net debt of about ฿182.6b.

Can buy but nothing special