Global Power Synergy - Strong 2Q24 Earnings as Expected, Driven by SPP Fleet
The 2Q24 earnings were as strong as expected. The earnings momentum in 2H24E is likely to improve HoH (Xayaburi project sees seasonality in 3Q
295 Views
Global Power Synergy - Strong 2Q24E Earnings; Undemanding Valuation
The share price has not yet reflected the strong earnings momentum expected in 2Q24E, nor fully priced in the weaker IU margin outlook for 2H24E
115 Views
Global Power Synergy -In-Line 1Q24 Earnings; Strong Momentum Ahead
The 1Q24 earnings improved QoQ, and the momentum will continue in the quarters ahead due to lower fuel costs and positive seasonal factors.
251 Views
Global Power Synergy -Better 1Q24E Earnings QoQ; Strong Momentum Ahead
We expect the 1Q24E earnings to improve QoQ and the momentum to strengthen in the remaining quarters of the year due to lower fuel costs and...
172 Views
Global Power Synergy - 4Q23 Earnings in Line; 2024E Earnings to Remain Strong
Our valuation metrics suggest that the current valuation is attractive, while the 2024-26E EPS growth prospects are stable
230 Views