Singapore Stock Market News
Thai Beverage - Spirited value
StockFanatic
Publish date: Mon, 27 Jan 2014, 12:30 PM
StockFanatic
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Welcome to Stockfanatic Singapore stock market and regional market news. This is a platform to share Singapore stock market and regional news to investors / man in the street. Investors can also look forward to analyst reports and brokers recommendations. Stockfanatic's Singapore stock market and regional news blog, home of investors one stop news station.
■ We believe the listing of FCL, F&N's property arm, has increased the prospects of a restructuring of Thai Bev and F&N.
■ In our view, the potential streamlining of F&N's business could generate up to THB 8bn in synergy gains.
■ We maintain our Outperform rating. Our price target is 29% above the present level.
■ OUTPERFORM (unchanged)
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