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>JR is a system integrator with extensive expertise in both information communication technology (ICT) systems and electrical power systems.</li><li>Its current backlog worth over Bt6bn should underpin the firm's revenue realization in the next three years, which will in turn boost its EPS growth to 43% CAGR during 2020-22E.</li><li>We derive a target price for JR at Bt8.00/share, based in 2021E PER of 19x, implying 0.5x PEG.</li></ul>

JR is a system integrator with extensive expertise in both information communication technology (ICT) systems and electrical power systems.Its current backlog worth over Bt6bn should underpin the firm's revenue realization in the next three years, which will in turn boost its EPS growth to 43% CAGR during 2020-22E.We derive a target price for JR at Bt8.00/share, based in 2021E PER of 19x, implying 0.5x PEG.

SI with the Most Outstanding Earnings 2021E Growth

JRW Utility

SI with the Most Outstanding Earnings 2021E Growth