Wolf Money(Thai Beverage PCL)

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(Image credit: thestar.com.my)


The below article is for educational purpose only. Kindly refrain from taking any action. It shouldn’t constitute as an investment advice. Please read the disclaimer.

I bought back partial of my sold Thai Beverage PCL shares at the current price due to positive news coming out of Thailand. Chinese President, Xi, pledged to help Thailand bring back tourists from the Mainland if the country forgoes the idea of setting up a casino in the future. Thailand might see a surge in Chinese tourists in the upcoming CNY period. Chinese tourists to Thailand are down by a third compared to last year. This position is purely on the core business recovering. BeerCo listing is not part of my consideration given the death of the Queen. It might be seen as bad optics to be seeking a listing for their beer unit. The listing delays can be up to 3 months to a year based on my guesstimate. Thai Beverage will be reporting full year earnings towards the end of Nov. 2c worth. 

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https://t.me/joinchat/oCgkD3sQFRMzMWM1



Disclaimers 

All investments is highly speculative in nature and involves substantial risk of loss. We encourage our reader to invest very carefully. We also encourage reader to get personal advice from your professional investment advisor and to make independent investigations before acting on information that we publish. Much of our information is derived directly from information published by companies or submitted to governmental agencies on which we believe are reliable but are without our independent verification. Therefore, we cannot assure you that the information is accurate or complete. We do not in any way whatsoever warrant or guarantee the success of any action you take in reliance on our statements. All information provided are for education only. Buyer beware,do you own due diligence.


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