The reporter reported that today (January 4, 23) the stock priceB.Grimm Power Public Company Limited or BGRIM Latest at 14:50 at 41 baht, plus 1.25 baht or 3.14%, high at 41.50 baht, low at 40 baht with a trade value of 581.73 million baht, with the share price of BGRIM which rose to its highest in more than a year since the share price was 42 baht on Nov 25 ’21
however Mr. Harald Link CEO BGRIM disclosed that the BGPM1R power plant project with an installed capacity of 140 megawatts started commercial operation on December 31. and started selling electricity to the Electricity Generating Authority of Thailand or EGAT in the amount of 30 megawatts with a period of 25 years, and the rest is a long-term power and steam purchase agreement with industrial customers. Within WHA Eastern Industrial Estate (Ta Phut map), Rayong province, the company has a total of 3,338 MW of power plants in commercial operation out of 4,055 MW of contracted projects under construction and development.
As regards the BGPM2R project, with an installed capacity of 140 megawatts, it is the latest cogeneration plant project to replace the existing plant. set to begin commercial operation in Q1 2023, Kasikorn Securities said the BGPM1R power plant project will generate additional profits for the company in FY2023 of about 340 million baht.
side Kasikorn titles specified in the analysis Basic BGRIM rating at 63.50 baht Because it’s a powerhouse stock that represents defensive stocks during the market crash. And this year the market is concerned about the economic downturn, recession and Ft issuance for January – April. ERC has already hit 5.33 baht per unit, higher than the assumption KS forecast at 5.2 baht per unit, with upside and bump to breakout Share price, as well as being supported by gas pool price trending downwards. and the baht tends to continue to appreciate
