Stock Dimension – GULF by Dao Securities (Thailand) Maintains “Buy” Recommendation with Target Price of 60.00 Baht
Stock Dimension – GULF by Dao Securities (Thailand) said it maintains a “Buy” recommendation and a target price of 60.00 baht based on SOTP, with an estimated Q4/23E normal profit of 4.5 billion baht (+26% YoY, +8 % QoQ ) close to original estimate Profit grew from 1) COD of GPD power plant (IPP) unit […]
GULF Energy Development Public Company Limited Expects Q4 Win and Continued Growth
Stock Dimension – GULF Brokers expect Q4 Win 4-5 A billion million baht, year 67 Continued growth of COD totals Add another 1.3 A thousand MW Upgrade the target price to 52.75 baht GULF or Gulf Energy Development Public Company Limited said by Yuanta Securities (Thailand) that it expects normal profit Q4/66 at the level […]
GULF reports strong financial results and sustainable energy projects for 2023
GULF’s Financial Performance in the 3rd Quarter of 2023 As of the 3rd quarter of 2023, GULF reported a notable increase in earnings, with an EBITDA of 9,364 million baht, marking a 41% increase from the same period in 2022. The net profit of Ownership of the parent company also saw a significant rise, reaching […]
Political Uncertainty Impacts Thai Stock Market: Trading Value Hits Record Low
Stock Market Reacts Positively as Political Turmoil Continues July 13th – A Quiet Day for Stock Trading The stock trading atmosphere on Thursday, July 13th was the quietest in years, with trading value shrinking to just 29 billion baht. Investors from all groups suspended trading and anxiously watched the vote for the 30th prime minister, […]
GULF green light to buy all shares of “Binance US” from “GULF HK” worth 695 million baht.
“Gulf Energy Development Public Company Limited” has invested 695 million baht to buy shares of “Binance US” from “GULF HK” to strengthen investment in digital asset business. Ms Yupapin Wangwiwat, Deputy CEO and Chief Financial Officer, Gulf Energy Development Public Company Limited or GULF informed through the Stock Exchange of Thailand (SET) that the Board […]
