Carabao Group PCL

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33 articles for Carabao Group PCL

Thailand: Beverage - Limited downside risk

Sector’s market share shift should be apparent in mid-2023. CBG: stronger catalysts should kick in by 2H23. OSP: gradual QoQ earnings turnaround momentum.
Bualuang Securities Kalvalee
Kalvalee Thongsomaung @ Bualuang Securities 7 March 2023

Carabao Group PCL: Substantial miss for 4Q22

Profit was below our estimate and that of the consensus. CBG reported earnings of Bt409m for 4Q22. The 4Q22 top-line rose 6% YoY.
Bualuang Securities Kalvalee
Kalvalee Thongsomaung @ Bualuang Securities 20 February 2023

Thailand: Beverage - Price hikes energize market dynamics

Keep eyes peeled on the upcoming dynamic move! Our scenario for CBG: potentially adding Bt5-10/share. Our scenario for OSP: potentially adding Bt4/share.
Bualuang Securities Kalvalee
Kalvalee Thongsomaung @ Bualuang Securities 17 February 2023

Thailand: Beverage - Better, but not the best

Better outlook, but not the best. A stable market share for CBG; OSP to struggle to rebuild share. We prefer CBG over OSP.
Bualuang Securities Kalvalee
Kalvalee Thongsomaung @ Bualuang Securities 8 December 2022

Carabao Group PCL: Substantial miss for 3Q22

Profit was below our estimate and the consensus. CBG reported earnings of Bt475m for 3Q22. The 3Q22 top-line rose 19% YoY.
Bualuang Securities Kalvalee
Kalvalee Thongsomaung @ Bualuang Securities 14 November 2022

Thailand: Beverage - No earnings drivers in sight

Street profit forecast-cutting threatens further stock price downside. Heightened competition continues to squeeze profitability. CBG—weak 3Q22; better numbers for 4Q22.
Bualuang Securities Kalvalee
Kalvalee Thongsomaung @ Bualuang Securities 3 October 2022

Details

Thailand
Asia
Consumer Durables & Apparel
About
Carabao Group PCL, through its subsidiary, manufactures and distributes energy drinks.

Associated topics

Thailand Asia Consumer Durables & Apparel Consumer Discretionary Carabao Group PCL Equity CBG Narumon Ekasamut Kalvalee Thongsomaung Osotspa PCL 2023 2021 2022 2020