BGRIM: 3Q20 Core Profit Marked New High
BGRIM reported 3Q20 net profit of Bt500m (-34.4%YoY, -50.8% QoQ). Excluding FX & extraordinary items the core profit was at Bt745m (+10.5% YoY,...
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BGRIM: Positive Sentiments from Joining Hands with PEA ENCOM
Today’s conference call with the management came out in a positive tone. We expect the cooperation with PEA ENCOM will help BGRIM to expand the SPP...
224 Views
BGRIM: Positive 3Q20 Earnings Outlook from Recovering IU Sales
Last week analyst meeting came out in a positive tone. We maintain the HOLD rating based on a target price of Bt47 derived using DCF valuation...
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BGRIM: Positive 2Q20 Earnings Outlook from Intact SPP Operations
Yesterday analyst meeting came out in a positive tone. Expect 2Q20E earnings to remain healthy backed by intact SPP operations and profit...
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1Q20 Core Earnings Grew from 50% Capacity Expansion in 2019
We maintain the HOLD rating on BGRIM with new 2020E target price of Bt47 (from Bt48) derived using DCF valuation (6.9% WACC and 1% TG), implying...
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