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Four factors increase risks of Egat shares.
Byline: Busrin Treerapongpichit
Oct. 6--Egat stocks will carry a high risk if four crucial elements of the utility's financial structure are not made clear, according to one of the country's top energy experts.
Egat has good fundamentals but four unclear factors could heighten the risk of Egat stocks after its initial public offering scheduled in November, said Piyasvasti Amranand, the chairman of Kasikorn Asset Management and former head of the state energy planning agency.
First, the base price structure of electricity charges remains unclear. The charges account for 80 percent of Egat's revenue.
"To date, I have learned that Egat's ...
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