Stocks in the news (bgrim, sgp, gpft, tfg, cpf) 31.05.24
BGRIM Holding, a unit of BGRIM, has acquired the 30-mw Malacha hydropower plant in Northern California from Brookfield Renewable US and affiliates for Bt2.5b, sees immediate rev recognition in the tune of Bt300-400m p.a.
Comment: Perhaps we should protest in front of BGRIM’s offices for contributing to higher energy prices.
SGP keeps FY LPG sales volume target at 4m, +12% yoy after logged 860k tons in 1Q, expects momentum pick up after added 2 clients from Philippine on board, explores options to tap in Bangladesh.
Poultry producers see windfall aft US & Japan imposed chicken import ban from Australia aft discovered bird flu case in Victoria: positive TFG, GFPT, CPF.
Comment: And the soft commodity costs are down for these players, not just in Thailand but throughout the region…