Daily BriefsEvent-Driven

Daily Brief Event-Driven: Thai Bev to Get F&N Stake from Promoters At Book Value than Fair Market Value and more

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

By Devi Subhakesan

  • 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?

By Nico Rosti

  • 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).

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