In today’s briefing:
- Thai Bev to Get F&N Stake from Promoters At Book Value than Fair Market Value
- EQD | Where/When Will the Nikkei Index Reach a Bottom And Bounce?
Thai Bev to Get F&N Stake from Promoters At Book Value than Fair Market Value
- Thai Beverage(THBEVSP)‘s proposed swap deal involves acquiring a 41.3% stake in F&N from promoters, seemingly at book value than fair market value, expected in case of an arms length transaction.
- Fraser And Neave (FNN SP) holds a 20.3% stake in Vietnam Dairy(VNM VN), Vietnam’s leading dairy player, which is now trading at nearly a 40% discount to the investment value.
- Understanding TCC Assets’ ownership history of F&N may help clarify the deal’s valuation rationale.
EQD | Where/When Will the Nikkei Index Reach a Bottom And Bounce?
- The Nikkei 225 INDEX pulled back last week, and it may continue to fall for another 1-2 weeks.
- Make sure you read the Market Reversal Matrix – Charts Analysis section below: we are introducing a possibile new Premium Service using our trend prediction models in algorithmic trading format.
- The price support area to buy the Nikkei 225 would be between 39800 and 39300, this coming week (or the next).