Ironically though, observers say the company, which is ThailandÆs leading producer of beer and spirits, was actually quite well suited for this environment given its dominant position in its home market, its strong cashflows and above average dividend yield.
ôItÆs a high quality blue-chip name with defensive characteristics and with an extremely strong franchise in the consumer space which is a key theme for investors at the moment,ö says one observer. This explained the momentum that enabled the newcomer to price...
¬ Haymarket Media Limited. All rights reserved.
