ACE: Great Growth Opportunities, but the Stock Is Overpriced
We initiate coverage on ACE with a SELL recommendation based on a target price of Bt2.64, implying a downside of 36% from the current price. We...
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Absolute Clean Energy (ACE TB)
Absolute Clean Energy (ACE TB)
11
Analysis
Utilities • Thailand
Absolute Clean Energy is one of Thailand's largest producers and distributors of electricity and steam from renewable energy sources. The company operates biomass, solid waste, natural gas, and solar energy power plants, with a focus on clean energy innovation and sustainable practices. Absolute Clean Energy was founded in 1979 and is headquartered in Bangkok, Thailand.
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