bearish

Thai Beverage

Thai Beverage (THBEV SP): Faces Potential Hit as Vietnam Proposes Beer Tax Hike

358 Views15 Jul 2024 07:30
Potential tax hike in Vietnam makes BeerCo listing unlikely for now. With no meaningful catalyst and a weak sector outlook, the stock could trend down after index-inclusion led passive buying ends.
What is covered in the Full Insight:
  • Introduction
  • Vietnam's Proposed Beer Tax Hike
  • Declining Beer Sales and Market Impact
  • Sector Outlook and Valuations
  • Management Commentary and Future Plans
SUMMARY
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