I have just completed reading F&N’s annual report 2014. To investors who think F&N is just a company behind the slew of assorted soft drinks in the supermarkets, F&N is actually a company which offers dairy products, beers as well as printing and publishing services. The cozy chain of Times bookstores we have visited in shopping centres are also owned by F&N. In this post, I will not touch on the many facts and figures in F&N’s annual report but instead provide a general commentary on what I think are the growth prospects of the company as I think many retail investors view F&N as a “sleepy stock” with not much of a hype coming from this counter ever since the high-profile demerger and spinning-off of its property business into another separate listed entity.

1) ThaiBev F&N’s Vision 2020:  ever since the company behind the Thai Beverages became the new …