Thai Beverage Set to Benefit From Some Tailwinds -- Market Talk

Dow Jones

05/28

0128 GMT - Thai Beverage stands to benefit from some tailwinds, says OCBC Group Research's Chu Peng in a note. The beer maker is likely to continue seeing a recovery in its sales volume for spirits and beers, partly due to easing tensions between Thailand and Cambodia. Lower raw material costs of molasses and malt in FY 2026 should also help offset softer demand. OCBC maintains a buy rating on the stock and its fair value estimate of 55 Singapore cents. Shares are up 2.2% at S$0.46.(amanda.lee@wsj.com)

(END) Dow Jones Newswires

May 27, 2026 21:28 ET (01:28 GMT)

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The beer maker is likely to continue seeing a recovery in its sales volume for spirits and beers, partly due to easing tensions between Thailand and Cambodia. Lower raw material costs of molasses and malt in FY 2026 should also help offset softer demand. OCBC maintains a buy rating on the stock and its fair value estimate of 55 Singapore cents. 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The beer maker is likely to continue seeing a recovery in its sales volume for spirits and beers, partly due to easing tensions between Thailand and Cambodia. Lower raw material costs of molasses and malt in FY 2026 should also help offset softer demand. OCBC maintains a buy rating on the stock and its fair value estimate of 55 Singapore cents. Shares are up 2.2% at S$0.46.(amanda.lee@wsj.com) \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  May 27, 2026 21:28 ET (01:28 GMT)\n</p>\n<p>\n  Copyright (c) 2026 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"LU0877626530.USD","symbol_name":"FIDELITY ASIA PACIFIC DIVIDEND \"A\" (USD) INC MONTHLY (G)","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2638653848","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2638653848","pubTimestamp":1779931680,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"0128 GMT - Thai Beverage stands to benefit from some tailwinds, says OCBC Group Research's Chu Peng in a note. The beer maker is likely to continue seeing a recovery in its sales volume for spirits and beers, partly due to easing tensions between Thailand and Cambodia. Lower raw material costs of molasses and malt in FY 2026 should also help offset softer demand. OCBC maintains a buy rating on the stock and its fair value estimate of 55 Singapore cents. 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The beer maker is likely to continue seeing a recovery in its sales volume for spirits and beers, partly due to easing tensions between Thailand and Cambodia. Lower raw material costs of molasses and malt in FY 2026 should also help offset softer demand. OCBC maintains a buy rating on the stock and its fair value estimate of 55 Singapore cents. Shares are up 2.2% at S$0.46.(amanda.lee@wsj.com) \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  May 27, 2026 21:28 ET (01:28 GMT)\n\n\n  Copyright (c) 2026 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":true,"editions":null,"column":"","sentiment":"1","news_tag":"","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":true,"need_login_tip":false,"code":"91000000","status":"200"}}}