B.Grimm Power Management

Management criteria checks 3/4

B.Grimm Power's CEO is Harald Link, appointed in Dec 2020, has a tenure of 3.92 years. directly owns 23.84% of the company’s shares, worth THB12.86B. The average tenure of the management team and the board of directors is 3.4 years and 5.3 years respectively.

Key information

Harald Link

Chief executive officer

n/a

Total compensation

CEO salary percentage	n/a
CEO tenure	3.9yrs
CEO ownership	23.8%
Management average tenure	3.4yrs
Board average tenure	5.3yrs

Recent management updates

Recent updates

CEO

Harald Link (69 yo)

3.9yrs

Tenure

Dr. Harald Link served as an Independent Director at True Corporation Public Company Limited since July 2021 until 2023. He has been a Managing Partner of B. Grimm & Co. ROP since 1987. He had been an Inde...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Harald Link	CEO, President & Director	3.9yrs	no data	23.84% THB 12.9b
Siriwong Borvornboonrutai	Executive Vice President of Finance & Accounting	2.4yrs	no data	0.0074% THB 4.0m
Salaya Na Songkhla	First Senior VP and Head of IR & Corporate Sustainability	no data	no data	no data
Peradach Patanachan	Senior EVP of Corporate Legal and North Asia Plus Region	no data	no data	0.0035% THB 1.9m
Nopadej Karnasuta	Senior EVP of Investment	2.8yrs	no data	0.0073% THB 4.0m
Don Tayatan	Executive Vice President of Customer Relations & Operation Management II	13.8yrs	no data	no data
Cherdchai Yiwlek	Executive Vice President of Business Service & Project Development	13.8yrs	no data	0.0093% THB 5.0m
Porntip Tangpongbundit	Executive Vice President of Financial & Accounting Hub	8.8yrs	no data	0.010% THB 5.6m
Arunphun Pootong	Executive Vice President of Engineering	5.6yrs	no data	no data
Saroche Arunpairojkul	Executive Vice President of Customer Relations & Operation Management I	2.4yrs	no data	no data
Thanakrit Likitwong	SVP, Head of Internal Audit & Secretary of Audit Committee	2.3yrs	no data	no data
Chorthip Thamvaranon	Company Secretary	2.1yrs	no data	no data

3.4yrs

Average Tenure

59yo

Average Age

Experienced Management: BGRIM's management team is considered experienced (3.4 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Harald Link	CEO, President & Director	no data	no data	23.84% THB 12.9b
Khunying Kiranandana	Lead Independent Director	4yrs	฿2.28m	no data
Sunee Sornchaitanasuk	Independent Director	6.6yrs	฿3.42m	no data
Anusorn Sangnimnuan	Independent Director	8.4yrs	฿3.48m	0.012% THB 6.6m
Anchalee Chavanich	Independent Director	8.4yrs	฿3.51m	0.0046% THB 2.5m
Pakorn Thavisin	Chairman of the Board	2.8yrs	฿2.03m	no data
Caroline Monique Christine Link	Non-Executive Director	15.8yrs	no data	1.09% THB 586.8m
April Srivikorn	Independent Director	less than a year	no data	no data
Felix Link	Non-Executive Director	3.5yrs	no data	no data

5.3yrs

Average Tenure

69.5yo

Average Age

Experienced Board: BGRIM's board of directors are considered experienced (5.3 years average tenure).

B.Grimm Power Management

Management criteria checks 3/4

Key information

Recent management updates

B.Grimm Power Public Company Limited Announces Board and Committee Resignations

B.Grimm Power Public Company Limited, Annual General Meeting, Apr 24, 2024

B.Grimm Power Public Company Limited Appoints Members of Management Committee

B.Grimm Power Public Company Limited Announces Board Changes

B.Grimm Power Public Company Limited, Annual General Meeting, Apr 22, 2021

B.Grimm Power Public Company Limited Announces Management Appointments

Recent updates

Consensus EPS estimates fall by 13%

Third quarter 2024 earnings released: ฿0.02 loss per share (vs ฿0.05 profit in 3Q 2023)

Price target decreased by 7.1% to ฿26.70

Upcoming dividend of ฿0.18 per share

First half dividend of ฿0.18 announced

Second quarter 2024 earnings: EPS and revenues miss analyst expectations

B.Grimm Power Public Company Limited Announces Board and Committee Resignations

Consensus EPS estimates fall by 12%

First quarter 2024 earnings released: EPS: ฿0.06 (vs ฿0.11 in 1Q 2023)

B.Grimm Power Public Company Limited Approves Dividend for the Year 2023, Payable on 10 May 2024

Upcoming dividend of ฿0.18 per share

Final dividend of ฿0.18 announced

B.Grimm Power Public Company Limited, Annual General Meeting, Apr 24, 2024

Full year 2023 earnings: EPS and revenues miss analyst expectations

B.Grimm Power Public Company Limited Proposes Annual Dividend for the Year 2023, Payable on 10 May 2024

New minor risk - Share price stability

Third quarter 2023 earnings: EPS and revenues miss analyst expectations

Price target decreased by 8.9% to ฿34.01

Price target decreased by 7.8% to ฿38.19

Price target decreased by 10% to ฿39.40

Upcoming dividend of ฿0.18 per share at 0.6% yield

Second quarter 2023 earnings: EPS and revenues miss analyst expectations

B.Grimm Power Public Company Limited Announces Cash Dividend, Payable on September 8, 2023

First quarter 2023 earnings released

Upcoming dividend of ฿0.035 per share at 0.2% yield

Full year 2022 earnings: EPS and revenues miss analyst expectations

B.Grimm Power Public Company Limited (SET:BGRIM) acquired 240MWp Tay Ninh Solar Power Plant.

Third quarter 2022 earnings: EPS and revenues exceed analyst expectations

B.Grimm Power Public Company Limited (SET:BGRIM) acquired 80% stake in 48MW Quang Tri wind power project.

B.Grimm Power Public Company Limited (SET:BGRIM) acquired 240MWp Tay Ninh Solar Power Plant.

Third quarter 2022 earnings: EPS and revenues exceed analyst expectations

Consensus forecasts updated

Upcoming dividend of ฿0.03 per share

B.Grimm Power Public Company Limited Announces Cash Dividend, Payable on September 9, 2022

Second quarter 2022 earnings: EPS exceeds analyst expectations

Consensus forecasts updated

B.Grimm Power Public Company Limited (SET:BGRIM) acquired a 20% stake in Sekong Investment Advisory Company Limited for LAK 1 billion.

B.Grimm Power Public Company Limited Appoints Members of Management Committee

Consensus EPS estimates fall by 24%

First quarter 2022 earnings: EPS and revenues exceed analyst expectations

Price target decreased to ฿42.40

Upcoming dividend of ฿0.27 per share

Full year 2021 earnings: EPS and revenues miss analyst expectations

B.Grimm Power Public Company Limited Announces Board Changes

Price target decreased to ฿45.71

Price target decreased to ฿46.87

Third quarter 2021 earnings released: EPS ฿0.13 (vs ฿0.16 in 3Q 2020)

Upcoming dividend of ฿0.15 per share

Second quarter 2021 earnings released: EPS ฿0.35 (vs ฿0.35 in 2Q 2020)

First quarter 2021 earnings released: EPS ฿0.20 (vs ฿0.031 in 1Q 2020)

Full year 2020 earnings released: EPS ฿0.68 (vs ฿0.88 in FY 2019)

Revenue and earnings miss expectations

B.Grimm Power Public Company Limited, Annual General Meeting, Apr 22, 2021

New 90-day low: ฿48.00

New 90-day high: ฿54.25

B.Grimm Power Public Company Limited Announces Management Appointments

Revenue and earnings miss expectations

Third quarter 2020 earnings released: EPS ฿0.16

B.Grimm Power Public Company Limited Appoints Prof. Emeritus Dr. Khunying Suchada Kiranandana as A New Independent Director

Market bids up stock over the past week

New 90-day low: ฿40.50

B.Grimm Power Public Company Limited Enters into Memorandum of Understanding with the Provincial Electricity Authority and PEA ENCOM International Co., Ltd. for Jointly Expanding Business

New 90-day low: ฿41.50

New 90-day low - ฿43.00

New 90-day low - ฿47.25

Price target raised to ฿54.30

First half earnings released

CEO

Tenure