ThaiBev’s BeerCo Limited IPO: 1Q Results
BeerCo's 1QFY2021 results suggest that it is well-placed to return to growth as the year unfolds due to a gradual recovery in on-premise...
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ThaiBev’s Strong 1QFY21 Results Could Shift Opinions About The BeerCo Spin-Off
With the news of the proposed Beer Segment Spin-off, it will be interesting to watch the market’s reaction to ThaiBev’s strong comeback in 1QFY21,...
419 Views
StubWorld: Double Stub Via ThaiBev's BeerCo IPO
I estimate minimal upside for ThaiBev here if assuming a 25% discount to NAV. ThaiBev is trading at 16.5x trailing EV/EBITDA, but its forward EV...
398 Views
The Week That Was in ASEAN@Smartkarma - Indonesian Media, Thai Beer, and Banks
The week that was in ASEAN@Smartkarma is filled with another eclectic mix of differentiated, substantive, and actionable insights from across South...
239 Views
ThaiBev’s BeerCo IPO: Valuation First Look
ThaiBev aims to raise $2bn and seek up to a $10bn valuation for BeerCo, according to press reports. Our first-look valuation analysis suggests that...
342 Views