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.

A full service Thai brokerage

Head of Research, Krungthai XSpring

Waraporn Wiboonkanarak

Head of Research

Equity Bottom-Up

<ul><li>THCOM delivered an impressive bottom line in 2Q20, chiefly on compensation income.</li><li>Its core operation, nevertheless, remained weak thanks to declining satellite revenue.</li><li>We, thus, leave our Sell rating unchanged, with the DCF-based target price of Bt3.20.</li></ul>

THCOM delivered an impressive bottom line in 2Q20, chiefly on compensation income.Its core operation, nevertheless, remained weak thanks to declining satellite revenue.We, thus, leave our Sell rating unchanged, with the DCF-based target price of Bt3.20.

Thaicom

2Q20 NP Beat Forecast on Extra Items