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.

Cross Asset Strategy

<ul><li>The SET Index is expected to move sideways up, with the resistance at 1,639/1,642 points and the support at 1,613 points (25/200-day EMA) /1,605 points.</li><li>Global equity markets are being pressured by concerns that the Fed will expedite rate hikes to tackle inflation; US bond yields have continued to increase, which is negative to growth stocks.</li><li>Investors expect the Fed to hike the fed funds rate by 0.75% in the upcoming FOMC meeting in September.</li></ul>

The SET Index is expected to move sideways up, with the resistance at 1,639/1,642 points and the support at 1,613 points (25/200-day EMA) /1,605 points.Global equity markets are being pressured by concerns that the Fed will expedite rate hikes to tackle inflation; US bond yields have continued to increase, which is negative to growth stocks.Investors expect the Fed to hike the fed funds rate by 0.75% in the upcoming FOMC meeting in September.

Independent research on the U.S. markets, Baptista Research

Baptista Research

Independent research on the U.S. markets

Baptista Research is an independent financial research house focused on the U.S. markets. We provide equity research as well as credit research reports on the top-listed U.S. companies with most of our focus on technology, consumer goods and services, automobiles, industrials, oil and gas, pharma, and healthcare. Our research has served more than 3000 institutional investors including mutual funds, hedge funds, banks, family offices, and various buy-side firms. We operate a research subscription service where institutions, as well as retail investors, can have priority access to all our research. We also have a wide distribution of our research reports across some of the top global financial platforms. Apart from equity research and credit research, we also provide advisory services with respect to mergers & acquisitions (M&A), private equity/ venture capital fundraising, valuation reports, and investment management services for corporates.
Baptista Research is owned and managed by Ishan Majumdar, an ex-Venture Capitalist/ Investment Banker, a Chartered Accountant, and a Masters’ degree holder in Management from HEC Paris. Ishan has nearly a decade of experience in Mergers and Acquisitions, Leveraged Buyouts (LBOs), Venture Capital Investing, Corporate Strategy, and Valuation in front-office roles at the likes of BNP Paribas CIB, Credit Agricole CIB, Groupe Danone, and TIW Private Equity. He has worked on and closed multiple acquisition deals, leveraged buyouts, and start-up investment transactions.

Equity Bottom-Up

<ul><li>The New York Times Company's second quarter 2025 earnings report highlights several key outcomes and strategic directions for the renowned media organization, providing both positive aspects and challenges to consider for potential investors.</li><li>The company reported solid revenue growth, with total revenues increasing by nearly 10% year-over-year.</li><li>Digital subscription revenues were a major contributor, growing by over 15% and driving the total subscription revenue up by approximately 10% to $481 million.</li></ul>

The New York Times Company's second quarter 2025 earnings report highlights several key outcomes and strategic directions for the renowned media organization, providing both positive aspects and challenges to consider for potential investors.The company reported solid revenue growth, with total revenues increasing by nearly 10% year-over-year.Digital subscription revenues were a major contributor, growing by over 15% and driving the total subscription revenue up by approximately 10% to $481 million.

The New York Times: Expansion of Digital Subscriptions to Support Longer-Term Growth Targets!

<ul><li>The New York Times Company's first-quarter 2025 results reflect a robust performance with significant growth in digital subscriptions, advertising, and revenue diversifications, even amidst economic and geopolitical uncertainties.</li><li>During the quarter, the company added 250,000 net new digital subscribers, boosting its digital-only subscriber base to over 11 million out of a total of 11.7 million.</li><li>This expansion aligns with their milestone target of reaching 15 million subscribers.</li></ul>

The New York Times Company's first-quarter 2025 results reflect a robust performance with significant growth in digital subscriptions, advertising, and revenue diversifications, even amidst economic and geopolitical uncertainties.During the quarter, the company added 250,000 net new digital subscribers, boosting its digital-only subscriber base to over 11 million out of a total of 11.7 million.This expansion aligns with their milestone target of reaching 15 million subscribers.

The New York Times Company: Digital Advertising Revenue Growth As A Sustainable Growth Lever!

<ul><li>The New York Times Company reported its fourth quarter and full-year financial results for 2024, highlighting solid performance across key operational and financial metrics.</li><li>The company continued to focus on its essential subscription strategy, aiming to expand its subscriber base and diversify its revenue streams.</li><li>In 2024, New York Times Company added over 1.1 million digital subscribers, bringing its total subscriber count to 11.4 million.</li></ul>

The New York Times Company reported its fourth quarter and full-year financial results for 2024, highlighting solid performance across key operational and financial metrics.The company continued to focus on its essential subscription strategy, aiming to expand its subscriber base and diversify its revenue streams.In 2024, New York Times Company added over 1.1 million digital subscribers, bringing its total subscriber count to 11.4 million.

The New York Times Company: Growth in Digital Subscriptions & Revenue Fueling Our ‘Outperform’ Rating!

<ul><li>The New York Times Company reported a robust second quarter in 2024, reflecting positive growth across multiple areas of its operations amid an evolving media landscape.</li><li>The company continues to execute a strategy oriented toward expanding its subscriber base and diversifying revenue streams beyond traditional print media.</li><li>In the second quarter, The New York Times added approximately 300,000 net new digital subscribers, which demonstrates strength in its core offering - news, along with other verticals like Games, Sports, Cooking, and Shopping.</li></ul>

The New York Times Company reported a robust second quarter in 2024, reflecting positive growth across multiple areas of its operations amid an evolving media landscape.The company continues to execute a strategy oriented toward expanding its subscriber base and diversifying revenue streams beyond traditional print media.In the second quarter, The New York Times added approximately 300,000 net new digital subscribers, which demonstrates strength in its core offering - news, along with other verticals like Games, Sports, Cooking, and Shopping.

The New York Times Company (NYT): A Tale Of Subscription Growth & Executing A Bundle Strategy! - Major Drivers

United States

The New York Times Company operates media businesses.  The Company publishes daily newspapers and operates Internet websites.  The newspapers and websites distribute news and entertainment.

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

New York Times Co A (NYT US)

Market Outlook

The SET Index is expected to move sideways up, with the resistance at 1,639/1,642 points and the support at 1,613 points (25/200-day EMA) /1,605...

Krungthai XSpring

The New York Times: Expansion of Digital Subscriptions to Support Longer-Term Growth Targets!

The New York Times Company's second quarter 2025 earnings report highlights several key outcomes and strategic directions for the renowned media...

Baptista Research

The New York Times Company: Digital Advertising Revenue Growth As A Sustainable Growth Lever!

The New York Times Company's first-quarter 2025 results reflect a robust performance with significant growth in digital subscriptions,...

Baptista Research

The New York Times Company: Growth in Digital Subscriptions & Revenue Fueling Our ‘Outperform’ Rating!

The New York Times Company reported its fourth quarter and full-year financial results for 2024, highlighting solid performance across key...

Baptista Research

The New York Times Company (NYT): A Tale Of Subscription Growth & Executing A Bundle Strategy! - Major Drivers

The New York Times Company reported a robust second quarter in 2024, reflecting positive growth across multiple areas of its operations amid an...

Baptista Research

Price Gauge

52-week Range

Market Cap (USDm)

P/E

Dividend (Yield)