|Bid||0.0000 x 0|
|Ask||0.0000 x 0|
|Day's Range||0.6160 - 0.6310|
|52 Week Range||0.4050 - 0.6480|
|Beta (3Y Monthly)||0.91|
|PE Ratio (TTM)||28.68|
|Forward Dividend & Yield||0.01 (2.11%)|
|1y Target Est||N/A|
Charoen Sirivadhanabhakdi’s net worth has risen to $13.4 billion mostly due to a 32% gain in Singapore-listed Thai Beverage Pcl shares, according to the Bloomberg Billionaires Index. A company affiliate is part of a venture buying out Starbucks’ Thai operations, a transaction that could value the business at more than $500 million. Buying Starbucks’ Thailand operations extends Charoen’s strategy of taking his empire beyond beer and whiskey in Southeast Asia’s second-biggest economy.
Starbucks Corp said on Thursday that a company controlled by Thai billionaire Charoen Sirivadhanabhakdi and a Hong Kong-based firm had won an exclusive deal to operate and develop its retail business in Thailand. The agreement, which it expects to close this month, is with Coffee Concepts, a joint venture between Hong Kong-based Maxim's Caterers Limited and F&N Retail Connection Co. Ltd, a company owned by Chareon's Thai Beverage Pcl. Thai Beverage, known for its pale lager Chang beer, has non-alcoholic drinks portfolio that includes carbonated drinks and green tea.
If holding elections under a new constitution (Thailand is on its 20th since the end of absolute monarchy in 1932) was supposed to lift politics from the streets and bring it into parliament, then any resumption of violence would spark a search for fresh solutions. As long as the village vote supports deposed former Prime Minister Thaksin Shinawatra – and the Bangkok elite continues to find his populism intolerable – future attempts to steady democracy will also fail. In December 2012, when the now 79-year-old Thai billionaire Dhanin Chearavanont made a $9.4 billion play for a large stake in Ping An Insurance (Group) Co., Thaksin’s sister Yingluck Shinawatra had just survived a no-confidence vote over a costly subsidy to rice growers.
A large part of investment returns can be generated by dividend-paying stock given their role in compounding returns over time. Historically, Thai Beverage Public Company Limited (SGX:Y92) has paid a Read More...
The big shareholder groups in Thai Beverage Public Company Limited (SGX:Y92) have power over the company. Institutions will often hold stock in bigger companies, and we expect to see insiders Read More...
Thai Beverage Pcl, controlled by billionaire Charoen Sirivadhanabhakdi, raised 77 billion baht ($2.36 billion) in the country’s biggest-ever corporate bond sale, according to people familiar with the matter. The company raised the money through a seven-part offering of securities and the borrowings will be used partly to refinance loans taken out by Thai Beverage for its purchase last year of a stake in Saigon Beer Alcohol Beverage Corp., said the people, who asked not to be identified because the details are private. Thai Beverage, a spirits giant that makes Chang beer and SangSom rum, is among the nation’s most acquisitive companies.
I am writing today to help inform people who are new to the stock market and want to start learning about core concepts of fundamental analysis on practical examples fromRead More...
Assessing Thai Beverage Public Company Limited’s (SGX:Y92) past track record of performance is a useful exercise for investors. It allows us to understand whether the company has met or exceedRead More...
The content of this article will benefit those of you who are starting to educate yourself about investing in the stock market and want a simplistic look at the returnRead More...