The reporter reported that today (March 23, 2023) the stock price Tha Chang Green Energy Public Company Limited or TGE Latest at 10:32 a.m. at 1.86 baht, plus 0.07 baht or 3.91%, highest at 1.92 baht, lowest at 1.82 baht with a trading value of 48.63 million baht.
ASL Securities stated in the analysis (March 22, 2023) that the total revenue is expected to continue to increase due to the increase in efficiency of power generation following the year 2022 where there was a major overhaul and an increase in Ft, causing electricity prices to rise. at 5.91 baht/unit
(2.39 fixed power purchase rate (FiT Fix) + 2.82 variable power purchase rate (FiT Variable) + 0.70 power purchase rate (FiT Premium). This year is a full year There is also an increase in the income portfolio from the sale of water and steam.
Including providing waste disposal services at TBP power plants. and when compared to the same period of the previous year from the Ft value that was adjusted in the period
This year’s plan is to bid for 2 more municipal waste power plant projects from the Local Administration Organization in Prachinburi and Ubon Ratchathani. He was confident that he would get the same opportunity as the projects that had been bidding in the past.
In addition, we still recommend “buy” TGE with a target price of 3.10 baht, adjusted according to the number of projects being developed. According to the winning bid for municipal waste power plants as planned.
