Stocks in the news (cpall, bgrim, inset, tasco) 17.06.26
CP ALL Public Company Limited
Thailand’s largest convenience store operator running the 7-Eleven chain (over 12,000 stores) with integrated wholesale, retail, and food services businesses.
| Market Cap (THB) | 411.0B |
| Market Cap (USD) | $12.61B |
| Current Price | 46.25 THB |
| 52-Week Range | 40.50 – 54.50 THB |
| P/E (TTM) | 13.95 |
| P/BV | 2.75 |
| Dividend Yield | 3.61% |
| Avg Daily Value | 1,555M THB |
CPALL: successfully raised Bt 15b via 3 tranche of debentures paying 2.53% p.a. under 5 yr and 10 months maturities.
Comment: Holy…
B.Grimm Power Public Company Limited
Major independent power producer in Thailand generating electricity from natural gas, renewables and other sources with focus on sustainable energy infrastructure.
| Market Cap (THB) | 43.27B |
| Market Cap (USD) | $1.33B |
| Current Price | 16.60 THB |
| 52-Week Range | 9.00 – 16.70 THB |
| P/E (TTM) | 51.88 |
| P/BV | 1.25 |
| Dividend Yield | 2.48% |
| Avg Daily Value | 364M THB |
BGRIM: anticipates profitability improve as natgas px gradually return to normal lvl, ease burden on power generating cost aft revised contract to pass on cost to 60-70% of industrial users (IU), electricity demand growth from data center and tailwind from renewable pj to propel 2H earnings.
Comment: And the latest PDP allowed this name to pump.
Infraset Public Company Limited
Specializes in construction of data centers, IT systems, telecommunications networks and transportation infrastructure across Thailand.
| Market Cap (THB) | 2.89B |
| Market Cap (USD) | $88.7M |
| Current Price | 3.60 THB |
| 52-Week Range | 1.43 – 3.76 THB |
| P/E (TTM) | 44.75 |
| P/BV | 2.01 |
| Dividend Yield | 1.12% |
| Avg Daily Value | 50M THB |
INSET: The Co welcomes the govt’s establishment of a National Semiconductor Board, attracting Bt2.5trn in investment. This will positively impact investment in Thailand and benefit the Co in the data center construction sector. The mgmt notes that while the trade war is nearing its end, raw material costs remain stable. It projects strong Q2 2026 growth quarter-on-quarter driven by gradual project deliveries and continued bidding to boost its backlog to Bt7bn.
Comment: Good for this construction co that somehow is affiliated to data centre building.
Tipco Asphalt Public Company Limited
Leading manufacturer and distributor of asphalt and related products for road construction and maintenance in Thailand and select international markets.
| Market Cap (THB) | 21.94B |
| Market Cap (USD) | $673M |
| Current Price | 13.90 THB |
| 52-Week Range | 12.40 – 15.70 THB |
| P/E (TTM) | 19.09 |
| P/BV | 1.57 |
| Dividend Yield | 7.14% |
| Avg Daily Value | 28M THB |
TASCO: expects erngs bottoming out in 2Q aft hurt by high feedstock cost for asphalt pdtn frm high oil px, soft int’l sales vol due to seasonal effect, government disbursement ahead of FY25 fiscal budget end in Oct, brighter cost outlook and improve export vol set gd tone for recovery.
Comment: Lower oil prices, it’s time for that game again.