Report
EUR 13.72 For Business Accounts Only

Increased risk weighs on B GRIMM POWER, penalising its rating down to Slightly Negative

The independent financial analyst theScreener just lowered the general evaluation of B GRIMM POWER (TH), active in the Conventional Electricity industry. As regards its fundamental valuation, the title still shows 3 out of 4 possible stars. Its market behaviour, however, has slightly deteriorated and will be qualified as risky moving forward. theScreener considers that these new qualifications justify an overall rating downgrade to Slightly Negative. As of the analysis date June 22, 2021, the closing price was THB 43.25 and its target price was estimated at THB 36.15.
Underlying
B.Grimm Power Public Company Ltd

B.Grimm Power Public Company Limited is a Thailand-based company primarily engaged in the electric utilities sector. The Company focuses on the development, financing, construction and operation of natural gas, solar and hydroelectric power plants. The Company is also engaged in holding companies, maintenance and operating services for power plants, and power plant infrastructure fund. The Company generates electricity for sale to the Electricity Generating Authority of Thailand (EGAT), the Provincial Electricity Authority (PEA), the Metropolitan Electricity Authority (MEA), the Electricite du Laos (EDL) and the Vietnam Electricity (EVN). The Company's wholly owned subsidiary is B.Grimm LNG Limited.

Provider
TheScreener
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