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,...
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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...
534 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...
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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...
492 Views
Thai Beverage (THBEV SP) - Beer Aids Recovery
Thai Beverage (THBEV SP) has revived its intention to spin-off its brewery assets, predominantly in Thailand and Vietnam, potentially valuing the...
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