B.Grimm Power Plc. (BGRIM): Domestic Growth (PDP) / Overseas Growth (RE and Gas-Fired IPPs) - Outperform (12M FWD Fair Value Bt19.00)
We are positive on BGRIM's MW growth potential both domestically through opportunities under the PDP (RE, data centers, and Direct PPA) and...
B.GRIMM POWER Plc. (BGRIM): 2Q26E Core Profit Declined QoQ on Higher Gas Costs - Neutral (12M FWD Fair Value Bt18.80)
We maintain our Neutral rating and 12M FV of Bt18.80 (based on a 3.5% required return). We believe the market is looking beyond the acceleration...
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