B.Grimm Power IPO: Quality Name but Upside Capped by Leverage
Thailand-based power plant player B.Grimm Power launched book building to raise up to US$348m to fund its expansion and pay down debt. At...
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A Power Update With PTT
Intro. For most investors, the power business in PTT Group is an afterthought. PTT has gigantic companies in upstream oil & gas (PTTEP),...
325 Views
This Ain't Winterfell, Summer Is Coming!
Only Gets Hotter from Here On. Summer typically starts in February in Thailand. In the South, there are only two seasons, but elsewhere, summer...
927 Views
Big Brother (Season Premiere): Empire of Oil
Government owned or quasi-state entities control a huge swathe of Thai corporate interest. In this review, we highlight PTT Group, the country's...
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Banpu Power IPO:Â Stable Income Streams, Moderate Growth, but Fair Valuation
Banpu Power PCL (BPP TB), the utility subsidiary of Banpu Public Co Ltd (BANPU TB), is currently raising US$330-390m to pay down debt and fund...
640 Views