$THAI BEVERAGE PUBLIC CO LTD(Y92.SI)$...at strong support levels, I think it’s going to hold. No chicken out.
A covid recovery play for sure. Also watch how the Company monetise its assets and reduce its debts and gearing which is the main factor that affects its valuation.
BeerCo IPO will come first, and soon.It will give a boost to its share price.
It also has c.28% of $FRASERS PROPERTY LIMITED(TQ5.SI)$. I think it would be a strategic move if it’d divest FPL and focuses on expanding its F&B businesses.
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