GGC: An Increase in CPO Price to Decelerate in March
Yesterday analyst meeting came out with a neutral tone. We expect GGC’s core EBITDA to remain solid in 1Q21. However, net profit will be dragged...
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GGC: Core Profit Improved in 4Q20 Thanks to Rising B100 Margin
GGC reported net profit of Bt565m in 4Q20 (196%YoY, 471%QoQ). Core EBITDA was Bt273m in 4Q20 (14%YoY, -12%QoQ), supported YoY by rising margin in...
547 Views
GGC: Benefits from an Increase in Palm Price
We reiterate our BUY rating with the target price at Bt10.9, derived from 1.1xPBV’21E which is equal Asia-ex Japan material sector.
331 Views
GGC: Good Outlook from Recovered Demand
Yesterday analyst meeting came out with a positive tone. We expect biodiesel price to recover in 2H20, driven by lockdown easing and B10 policy....
459 Views
GGC: Continue Its Growing Path Despite a Weakness in 2Q20
We come out with a slight positive outlook for the company performance in 2H20, after attended opportunity day yesterday. Despite a weakness in...
185 Views