Earnings for 2Q dropped for Thai Beverage and combined with the fearful market conditions, the stock started to dip earlier and just like 20 minutes ago, there was a fearful sell down where the buyers looked like they were locking in profits. Sellers after sellers as the stock suffered a hefty drop with 8% in one day which is quite large for Thai Beverage considering it a slow stock. Nothing is good now is wait for stocks to touched bottom first and look to pick up again.
https://www.theedgesingapore.com/thaibev-2q-earnings-fall-12-250-mil-due-poorer-spirits-and-food-businesses
Ronald K - Market Psychologist - A Stock Market Opportunist
