ENTITY
Energy Absolute

Energy Absolute (EA TB)

144
Analysis
Utilities • Thailand
Energy Absolute is a leading Thai company engaged in the manufacture and distribution of crude palm oil, biodiesel, and glycerol products. The company also operates renewable power plants (solar and wind), manufactures and distributes lithium-ion batteries and electric vehicles (e.g., buses, cars, ferries), and provides electric vehicle charging station services. It was founded in 2006 and is headquartered in Bangkok, Thailand.
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bullish•Energy Absolute
•16 Oct 2020 10:18•Broker

EA: ESS Plant COD and EV Car Sales Delayed to 2021

We expect the delay of EA 1GWh ESS plant COD and EV-Car sales from 4Q20 to 1Q20 could pressure the stock performance in short-term. Thus recommend...

bullish•Energy Absolute
•30 Sep 2020 13:26•Broker

EA: One of the Prime Beneficiary of Global EV Boom

We initiate coverage of EA with a BUY rating, based on a 2021E target price of Bt51, which is derived from a sum-of-the-parts (SOTP) methodology....

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