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>NWR has succeeded in gaining a record-high backlog, which will secure its top line.</li><li>But as a small contractor, its volatile earnings remain the key concern.</li><li>We maintain our Hold rating, with TP of Bt0.50, pegged with PBV of 0.4x (-0.8 S.D.).</li></ul>

NWR has succeeded in gaining a record-high backlog, which will secure its top line.But as a small contractor, its volatile earnings remain the key concern.We maintain our Hold rating, with TP of Bt0.50, pegged with PBV of 0.4x (-0.8 S.D.).

Northwest Resources

Delivery of Earnings Is the Key