$ThaiBev (Y92.SG)$ DAFAQ $F & N (F99.SG)$ UP 30%... ThaiBev ...
ThaiBev you better not let us down once trading resumes...
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104527106 : 0.70
104216943 : It disappoints us, buy it and drink it
104152658 OP 104216943 : Hahaha indeed!
Smiley Tiger 168 : can pay Tiger Beer with ThaiBev shares?
努力学习的小妹 : As a result, thaibev did not move, 20% from F99
Rumpole : Beer business quite bad in VN, which is a major TB market, because of serious clampdown on drink driving (0% alcohol limit). Heineken closed a plant there recently because of depressed demand. There is plan to imposed excise tax hike to 80% by 2026 and 100% by 2030, from 65% now. Outlook doesn’t seem too promising for beer (so the IPO is a bit doubtful to me).
This F&N share swap is good for TB. The dairy earnings, especially from Vinamilk, will propel TB’s growth.