Post Reply
581-600 of 1606
ThaiBev unveils new key strategy
Following the recent acquisition by TCC Group of the Singapore-based Fraser & Neave (F& N), Thai Beverage (ThaiBev) yesterday unveiled a plan for logistics synergy as its key strategy to penetrate the Asean market.
ThaiBev is the beverage arm of TCC Group, and F& N Dairy (Thailand) is F& N's local subsidiary.
The move aims to cash in on the upcoming Asean Economic Community, which will be fully effective in 2015.
Marut Buranasetkul, Thai Beverage senior vice president, said the company would rely on the strong network of F& N to export Oishi products to Singapore and Malaysia by this year. It is also seeking an opportunity to market Chang beer in Asean, in order to build awareness of Thai brands in this region.
ThaiBev is targeting revenue growth of 15-20 per cent this year, up from Bt150 billion last year, mainly contributed by the alcohol business at 80 per cent and 20 per cent from non-alcohol business.
Meanwhile, F& N Dairy (Thailand) wants to synergise the logistics network with ThaiBev to penetrate the Asean market aimed at doubling its sales to Bt20 billion in the next five years, Indochina manager Jirawat Daechasatien said.
- See more at: http://business.asiaone.com/news/thaibev-unveils-new-key-strategy#sthash.FSWxauML.dpuf
He said the company would also promote Tea Pot, its brand for condensed milk, as a regional brand within Asean.
He said the company has set a five-year plan, from 2013-17, to focus on brand building and Asean market penetration, especially in the Cambodia, Laos, Myanmar, Vietnam (CLMV) markets, which have a similar culture, consumer behaviour and religion as Thailand.
Some markets have high potential such as Vietnam, where the dairy market in all segments is worth about Bt70 billion, about 30 per cent bigger than Thailand.
" We will spend about Bt500 million budget annually for marketing activities and promote our products both domestically and at the regional level. Tea Pot condensed milk will be our flagship brand to penetrate the regional market. They will follow the brand-building success of Tiger Beer, which is now a successful global brand," he said.- See more at: http://business.asiaone.com/news/thaibev-unveils-new-key-strategy/page/0/1#sthash.DRWyltLj.dpuf
...Married Deal: Vol: 1,025 Value: $656,000 ie $0.64/share Prev Close: $0.64...
...recent low $0.580 on 28 June... trend up since then ....
ThaiBev: Will It Resume Mid-Term Uptrend?
From the weekly chart, we can see that ThaiBev is still in an uptrend.
While the stock dropped for the past two to three weeks following a severe drop in Straits Times Index (STI), ThaiBev is still considered relatively strong compared to STI given that it is a component stock and did not drop much recently. Notably, when most of the blue chips dropped yesterday, ThaiBev did not make a new low, signifying signs of strength.
The STI dropped 80 points yesterday and it is likely to have another round of panic selling this morning. However, the stock may have a short-term rebound in the next few days or even before today’s market close.
ThaiBev may rebound stronger than STI and likely to resume mid-term uptrend in the next few weeks. One may consider buying on breakout for this stock. The stop loss will be one bid below the recent low.
Weekly Chart of ThaiBev
Daily Chart Of ThaiBev
Peter_Pan ( Date: 09-Jul-2013 12:45) Posted:
|
GorgeousOng ( Date: 09-Jul-2013 12:28) Posted:
|
Dear meesiam man,
watch your use of words and tone, be respectful of other forum writer and do not use words that insult others` family members.Thank you.
meesiammaihum ( Date: 09-Jul-2013 10:02) Posted:
|
meesiammaihum ( Date: 09-Jul-2013 10:02) Posted:
|
爬 你 老 母 ， going to cheong liao
，
Standard Chartered Bank today issued report with target price of 0.75cents.
So we have the following target prices :
1. CIMB - 0.77
2. DBS - 0.80
3. SCB - 0.75