Company Update - B.GRIMM POWER (BGRIM TB)
The valuation metrics suggest that the current valuation is still undemanding, with the long- term growth to be driven by new MW additions from the...
326 Views
Exports & Imports - Thai Exports in December Contracted by 14.6% YoY
Thai exports are likely to continue contracting in 2023E amid the economic slowdowns in key trading partners, namely the US and Europe, which are...
361 Views
BGRIM : Expect Earnings Rebound in 4Q22 as Gas Price Softens
We maintain our target price of Bt40.0, while revise the recommendation to HOLD (from BUY) due to limited upside from current share price. BGRIM...
302 Views
BGRIM : Rising Gas Cost to Drag 3Q22 Earnings
We maintain our BUY call with a lower DCF-based target price of Bt40.0 (from 42.0). We expect BRGIM’s 3Q22 recurring profit to fall 75% QoQ to...
140 Views
BGRIM : 2Q22 Core Earnings Recovered QoQ
We maintain the BUY call with a TP of Bt42. The current share price has factored in the weak 2Q22 earnings impacted by high gas cost (+80% YoY)....
147 Views