Thai Bev has slumped 14% from an intraday high of $0.850 on 8 Feb to close $0.735 on 29 Mar 21. It is looking interesting again as it hovers around its strong confluence of supports from $0.715 – 0.725.
Personally, it seems ripe for a technical bounce. Besides the technical outlook, Thai Bev has the highest potential upside among the STI component stocks with a potential capital upside of around 21%!
What else is interesting about Thai Bev? Read on for more.
Interesting points on Thai Bev
a) Highest potential capital upside for STI component stock
With reference to this link (click HERE), Thai Bev has the highest potential upside among the STI component stocks with a potential capital upside of around 21%.
Based on Bloomberg (see Figure 1 below), there are 17 buy calls; one hold call and zero sell. Average analyst target is around $0.930, representing a
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