บทวิเคราะห์ (Research)

CBG : Update on Took Dee case The management gave an update on three issues at the analyst briefing: (1) legal implication on Took Dee CVS, which is being sued by franchisees for unfair practices, (2) rising aluminium price could push up costs and reduce gross margins, and (3) they will continue to gain domestic market share in the energy drink segment. We maintain a BUY rating and Bt89 TP, premised on 17.7% yoy EPS growth in FY25F driven by 3 ppt gain in the domestic energy drink market share to 29%.