BGRIM plus leads power plants to respond to FT hikes and lower fuel prices
at 12.28 p.m.
BGRIM increased 4.38% or increased 1.50 baht to 35.75 baht, trading value 646.41 million baht.
GPSC increased 1.94% or increased 1.25 baht to 65.75 baht, trading value 519.34 million baht.
GULF increased 1.08% or increased 0.50 baht to 47.00 baht, trading value 567.03 million baht.
Nomura Securities Pattanasin stated in the analysis that The Energy Regulatory Commission (ERC) signaled to move the FT for the last period of the year (September-Dec.) with a chance to rise past 40 satang per unit. expected to contribute to further inflation in the country negative impact on the shares based on purchasing power in the country But it’s good for power plant shares that are proportional to SPP power plants that sell electricity to industrial customers such as GPSC, BGRIM.
DBS Vickers Securities (Thailand) states in its analysis that B.Grimm Power Public Company Limited (BGRIM) will benefit if the ERC has a chance to raise the Ft in September- Dec. 65, more than 0.40 baht per unit, helping to compensate for the high cost of natural gas. while the Company has a large proportion of customers who purchase electricity as SPPs from the private sector. As a result, the pressure on profit margins has eased. When the price of raw materials for fuel is high Prepare to record profits from new power plants as a Malaysian solar farm and gradually close M&A deals for power plants in Vietnam Give the base price 49 baht.