DBS equity pick
$ThaiBev(Y92.SG$ DBS just added more to their equity picks! https://go.dbs.com/3Lip5Sk
DBS Equity Picks
Thai Beverage: Increase by 10,000 shares @ $0.705 in Blue Chip category
Thailand will scrap on-arrival COVID tests for fully vaccinated travelers starting May 1. With 76% of its revenue derived from Thailand, ThaiBev is a beneficiary of the country’s decisive move to boost its tourism industry. The reopening of Vietnam’s borders also benefits the stock given its 18% revenue exposure. With its beer segment likely to further improve going forward with the reopening, another catalyst for the stock is the potential IPO of BeerCo.
DBS Equity Picks
Thai Beverage: Increase by 10,000 shares @ $0.705 in Blue Chip category
Thailand will scrap on-arrival COVID tests for fully vaccinated travelers starting May 1. With 76% of its revenue derived from Thailand, ThaiBev is a beneficiary of the country’s decisive move to boost its tourism industry. The reopening of Vietnam’s borders also benefits the stock given its 18% revenue exposure. With its beer segment likely to further improve going forward with the reopening, another catalyst for the stock is the potential IPO of BeerCo.
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Mooooney user77248281: Means buy 10000 shares if you want to follow their portfolio.