Thai Beverage Public Company Limited is set to revive the initial public offering of its brewery unit in Singapore after shelving the planned first-time share sale twice due to Covid-19, according to people with knowledge of the matter.
Thai Beverage Public Company Limited is set to revive the initial public offering of its brewery unit in Singapore after shelving the planned first-time share sale twice due to Covid-19, according to people with knowledge of the matter.
Trading Buy
Share price may exceed 15 per cent over the next 3 months; however, longer-term outlook remains uncertain
Neutral
Share price may fall within the range of +/- 10 per cent over the next 12 months
Take Profit
Sell
Share price may fall by over 10 per cent over the next 12 months
Most of the brokers give their rating based on the stock’s expected total return , which considers a company’s share price appreciation plus its dividends.
The eagle-eyed ones would have also noticed that the broker ratings are given over a 12-month time frame.
If you are an investor, a one-year period is too short in my opinion.