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>COM7’s core business remains very strong, as Thailand’s leading mobile phone retailer, with continued market share gains.</li><li>Secondary businesses such as EV taxi and UFUND are improving and support long-term growth.</li><li>We initiate coverage on COM7 with an Outperform rating and a target price of Bt25.50 (7% required return, 14x P/E).</li></ul>

COM7’s core business remains very strong, as Thailand’s leading mobile phone retailer, with continued market share gains.Secondary businesses such as EV taxi and UFUND are improving and support long-term growth.We initiate coverage on COM7 with an Outperform rating and a target price of Bt25.50 (7% required return, 14x P/E).

COM7 Plc. (COM7): A Strong Market Leader - Outperform (12M FWD Fair Value Bt25.50)

Com7

COM7 Plc. (COM7): A Strong Market Leader - Outperform (12M FWD Fair Value Bt25.50)