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>CPW's 1Q20 earnings retreated in the wake of COVID-19, which led to temporary shop closures at the end of March.</li><li>With the business resuming normal operations, we leave our earnings forecast unchanged.</li><li>Its comparably cheap valuation (2020E PER of 7.9x vs. 29x of COM7) and attractive dividend yield cause us to maintain a Buy call.</li></ul>

CPW's 1Q20 earnings retreated in the wake of COVID-19, which led to temporary shop closures at the end of March.With the business resuming normal operations, we leave our earnings forecast unchanged.Its comparably cheap valuation (2020E PER of 7.9x vs. 29x of COM7) and attractive dividend yield cause us to maintain a Buy call.

Earnings Review Copperwired Plc. (CPW) Commerce