Just a matter of time before ThaiBev get remove from STI index to be replace by another stock
Just a matter of time before ThaiBev get remove from STI index to be replace by another stock, more price drop incoming when that happens.
Looking forward to see this stock dropping below 0.40 and hopefully it get remove from the STI index to avoid dragging down STI index.
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102869902 : Better still, delist the company since it’s not welcome in sgx..
ScorpioRebelliousTVOP 102869902: There is a high probability of ThaiBev being remove from the STI index after the next STI components revise date, the underpeformance and price crashing of this stock is dragging STI index and it is better to replace it with the other 5 stocks on the reserve list now.
I would not be surprise to see this stock crashing below 0.40 and even maybe to 0.30 if it get removes from the STI index. Maybe the owner will just offer a super low lousy price to delist this stock from SGX.
Actually can replace ThaiBev with either Keppel Reit or ComfortDelGro. Hopefully ThaiBev will be replace so it will not kept on dragging down STI index.
104152658 ScorpioRebelliousTVOP: Huhhh?? Wtf you saying bro? First, your grammar's wayyy off. Then you talk mumbo jumbo about delisting and what not. You with the shorties? We all know this stock is highly manipulated, with a significant level of short interest. The fundamentals are still strong. and that is all we should care about.
104152658 : Talk about Comfortdelgro with a market cap of 3bn replacing ThaiBev with a market cap of 11bn on the STI index. Sheesh. I call fake news!
104152658 : Let's see Keppel Reit...oh! Another 3bn market cap stock! Maybe if they combine to become a 6bn etf maybe...just maybe they can replace Thaibev with a wayyy lower market cap of 11bn on the STI. Yeah damn right.
SuperNoobPaPa : Please check your fact.
102869902 : It’s not thaibev dragging the STI index, it’s the shortists… how can a company which has grown over the past decade to have current worse share price. Furthermore, 2014 military coup share price was higher than now.. lowest P/B since yr 2011… current PE ratio 11x.. tell me, how many alcoholic beverages companies fared worse than Thaibev.