Latest Forum Topics / ThaiBev Last:0.545 +0.005 | Post Reply |
up or down on debut?
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2gether
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27-Aug-2013 13:31
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..hit low at 0.435 ? oversold region.. 
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2gether
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27-Aug-2013 10:34
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hi, is 0.45 a safe entry..
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lingua101
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27-Aug-2013 10:01
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44.5 now and testing 44 soon... Seems no bottom...si
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2gether
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27-Aug-2013 09:25
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what is the story behind the big drop, can the senior advice.. thanks? | ||||||||||
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2gether
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27-Aug-2013 09:22
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is 0.45 the floor..    |
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Peter_Pan
Supreme |
27-Aug-2013 09:17
Yells: "did you order dunkin' donuts" |
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Hit my target 0.45. gd luck
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hello123
Senior |
26-Aug-2013 23:48
Yells: " google ' sgx swinger ' - for how stock operators work " |
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ThaiBev fell as predicted   from 48.5   2 trading days ago, now 46  should hit 44-45 tomorrow for a good profitable bounce   for more details , see my thaibev chart in  http://sgxswinger.blogspot.sg/  tq
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Octavia
Elite |
26-Aug-2013 22:29
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Thai tycoon Charoen eyes $500m IPO for F& N REIT Thai billionaire Charoen Sirivadhanabhakdi is looking to raise at least US$500 million by listing a hospitality trust in Singapore next year to help refinance some of the debt that his companies took on to win control of Fraser and Neave (F& N), people with knowledge of the matter said. The real estate investment trust would hold service residences owned by F& N and hotels held by the Thai beer baron's TCC Assets Ltd such as the InterContinental Hotel in Singapore. The listing would also mark the first step towards the merging of F& N's assets and Charoen's business empire after the Thai tycoon won control of the Singapore drinks-and-property conglomerate early this year in an $11 billion deal. Charoen controls F& N through TCC and Thai Beverage PCL. Two sources said that while the exact size of the IPO has not been decided yet, they expect it would raise at least $500 million and be conducted in the first half of next year. |
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halleluyah
Elite |
24-Aug-2013 22:29
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Dik, agak dia kena sanggut banyak lah....
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rabbitfoot
Veteran |
24-Aug-2013 20:15
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It's in the magazine.
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sanuks
Veteran |
24-Aug-2013 20:09
Yells: "Dont jump on moving train, you will hurt yourself - JIM ROGE" |
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  Source: Moody's Hong Kong, August 23, 2013 -- Moody's says that Thai Beverage Public Company Limited (" ThaiBev" , Baa3 stable) disclosed that it received SGD1.353 billion from the capital reduction by Fraser & Neave, Limited (F& N, unrated) on July 31 and used the proceeds to pay down its long-term debt of SGD1 billion (US$779 million) and short-term debt SGD353 million (US$275 million) in early August. ThaiBev disclosed the capital reduction, which had been expected, in a footnote in the interim financial statement it released on 14 August. The transaction is credit positive for ThaiBev because it has allowed the firm to significantly lower its leverage, in particular, after its weak earnings performance in 1H2013. Pro forma for the debt reduction, the company's adjusted debt/EBITDA declined from 4.2x as of 30 June 2013 to 2.8x, a level that supports its current Baa3 rating. In May, F& N's Board proposed a capital reduction for a total aggregated amount of SGD4.73 billion (US$3.73 billion), to be funded via internal cash and equivalents. The distribution accounts for around 85% of the gross sale proceeds of F& N's interests -- worth SGD5.59 billion (US$4.35 billion) -- in Asia Pacific Brewery (APB). Based on ThaiBev's 28.61% stake in F& N, it received proceeds of SGD1.353 billion (US$1.053 billion). ThaiBev had incurred over SGD3 billion (US$2.3 billion) in debt in 2012 to assume its stake in F& N. Consequently, its leverage, as measured by adjusted debt/EBITDA, had risen to more than 4x from less than 1x historically. For 1H2013, ThaiBev's earnings were weak and its sales decreased 7.3% year-on-year, owing to declines in sales volumes across almost all of its product categories, including spirits, beer and soft drinks. Sales volume reductions in the alcohol segment largely reflect lower consumption, because of higher prices for spirits following an increase in excise taxes a year ago. For the spirits segment, sales volume declines of 8.1% reflect customers increasing stock of spirits to take advantage from an increase in excise taxes in Thailand a year ago, which temporarily caused the sale volume increase in 1H2012. For the soft drinks segment, sales volume declines of 32.2% from Sermsuk PLC's (unrated) reflect the termination of bottling contract with PepsiCo, Inc (A1 stable) in Thailand in November 2012. This is the first year Sermsuk is selling its own brands. ThaiBev owns 64.66% of Sermsuk, a beverage manufacturer in Thailand, and which is a key investment for expanding its non-alcohol segment. ThaiBev's EBITDA for the 1H2013 declined by 18% to THB11.9 billion (US$3.7 billion), reflecting lower sales, higher marketing expenses and increased wages. We expect its marketing expenses to remain high, given the intense competition in Thailand's beverage market, as well as the launch of new products by both ThaiBev and its competitors. We expect overall sales volumes for ThaiBev, particularly for its beer and soft drinks revenues will likely remain tempered during the second half of the year. However, ThaiBev should still continue to generate stable operating cash flows over the next 12 months from its spirit segment, given its strong domestic market share in that segment. We also expect ThaiBev to maintain its debt/EBITDA below 3.0x and believe that it will not undertake any material additional debt-funded acquisition over the next 12-18 months. |
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sanuks
Veteran |
24-Aug-2013 20:00
Yells: "Dont jump on moving train, you will hurt yourself - JIM ROGE" |
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can you share the link to the edge article you are referring to, please .... 
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rabbitfoot
Veteran |
24-Aug-2013 16:18
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For those highly vested in thaibev, Plse read the 2 page article in the latest Theedge and tell us what you think. Not too good right, Even for the restructuring. Looks like I may forgo tbev. | ||||||||||
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GorgeousOng
Elite |
24-Aug-2013 11:59
Yells: "Hehehaha...enjoy life n live to the fullest..." |
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To nick name with number: To respect you I don't expose your PM to me. How many lots of thbev I have???? I only have 1 lot of thbev. Anyway....Heheee....yesterday I did not post yet it came down ....is not under my control ...right? Hehee! I just a small fish lah!!! How can BBs read my posts ... Hahaha!!!! I invest while having fun here...making a lot of nice friends here....hehehe haha....enjoy life to the fullest.... Just enjoy n have fun lah!!! Cheers!!! |
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biturbo
Senior |
24-Aug-2013 11:59
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any suggested entry price? | ||||||||||
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halleluyah
Elite |
23-Aug-2013 22:06
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Dik, kalau tak boleh habis simpan untuk CNY hor.... 
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sanuks
Veteran |
23-Aug-2013 21:55
Yells: "Dont jump on moving train, you will hurt yourself - JIM ROGE" |
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No more chang beers ..... badly bruise.    After ex dividend, it falls..... |
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halleluyah
Elite |
23-Aug-2013 18:32
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If break 0.45 then next support 0.40....if break 0.40 then ard 0.37/038 liao....Vry weak n tis counter is highly in debt.
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sgxtrader2013
Member |
23-Aug-2013 18:01
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Bearish toward to 40cent. Must do homework. Don't simply invest market uncertain cause most of the share bearish now | ||||||||||
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2gether
Member |
23-Aug-2013 16:35
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yesterday go up high, today come back down... low at 0.47 | ||||||||||
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