Head of Research, Krungthai XSpring

Waraporn Wiboonkanarak

Head of Research

A full service Thai brokerage

Krungthai XSpring

Krungthai XSpring is a full service broker. The company provides a wide range of investment services such as Securities Brokerage, Derivative Agent Business, Securities Borrowing and Lending, Securities Trading, Underwriting, Financial Advisory, Wealth Advisory, Private Fund Management and International Markets Securities Trading. 

In terms of credibility, Fitch Ratings has assigned Krunghtai XSpring a long-term rating of AA- and a national short-term rating of F1+ with stable outlook.

Equity Bottom-Up

<ul><li>We maintain a Buy on HUMAN with the target price unchanged at Bt9.85/share.</li><li>While the firm's 2Q20E earnings are expected to slow down QoQ as a result of the impact of COVID-19, we maintain our upbeat view on HUMAN's growth prospects in the long term.</li><li>We like its planned expansion toward the B2B2C system via new platforms, which will strengthen revenue and earnings growth in the long term.</li></ul>

We maintain a Buy on HUMAN with the target price unchanged at Bt9.85/share.While the firm's 2Q20E earnings are expected to slow down QoQ as a result of the impact of COVID-19, we maintain our upbeat view on HUMAN's growth prospects in the long term.We like its planned expansion toward the B2B2C system via new platforms, which will strengthen revenue and earnings growth in the long term.

Hiccup in 2Q20E Earnings but Long-Term Outlook Intact

United States

Software for SMBs to offer and manage 401(k) retirement plans for employees

Price Gauge
52-week Range	0.00 - 0.00
Market Cap (USDm)	0.00
P/E	0.00
Dividend (Yield)	0.00

Human Interest (INTEREST US)

Hiccup in 2Q20E Earnings but Long-Term Outlook Intact

We maintain a Buy on HUMAN with the target price unchanged at Bt9.85/share. While the firm's 2Q20E earnings are expected to slow down QoQ as a...

Krungthai XSpring

Price Gauge

52-week Range

Market Cap (USDm)

P/E

Dividend (Yield)