Head of Research, Krungthai XSpring

Waraporn Wiboonkanarak

Head of Research

A full service Thai brokerage

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.

Cross Asset Strategy

<ul><li>The SET Index is expected to move sideways, with the resistance at 1,700/1,706 points and the support at 1,685/1,675 points.</li><li>Tactically, investors are suggested to focus on laggard plays after the market began to be concerned about softer buying by foreign investors due to the possibility of baht depreciation after it gained 4% last week and 12% from its weakest point.</li><li>Foreign investors' buying became the key supporting factor and kept the market sentiment positive, in line with the MACD, RSI and stochastic.</li></ul>

The SET Index is expected to move sideways, with the resistance at 1,700/1,706 points and the support at 1,685/1,675 points.Tactically, investors are suggested to focus on laggard plays after the market began to be concerned about softer buying by foreign investors due to the possibility of baht depreciation after it gained 4% last week and 12% from its weakest point.Foreign investors' buying became the key supporting factor and kept the market sentiment positive, in line with the MACD, RSI and stochastic.

Asean-focused. Ex-Head of Thai Research

Athaporn Arayasantiparb, CFA

Asean (Thailand) Focused Independent Research

M Corp Review

M Corp is led by Athaporn Arayasantiparb who served as Head of Research for UOB and ANZ in Thailand and was an award-winning telecoms analyst at UBS in 2010 (AsiaMoney Thailand category) and Regional Strategist for DMG in Singapore. Prior to that, he also served as Kasikornbank credit analyst and scholar. He has a total work experience of 17 years, of which 14 were in research and 4 in research management roles. He started his career as an engineer for PTT and currently manages family investments. He holds an MBA from Stern (NYU) and CFA Charter since 2006. Apart from IPO Radar, which focuses on future listings, MCorp Review also provides six on-going thematic series ranked by frequency in descending order, namely: 1) Silicon Stories (technology) 2) Sathorn Series (financial services) 3) Thai-Coons (billionaire origin stories) 4) Reality Check (data-driven, investigative) 5) Thai Media Spotlight; and 6) Thai Macro Watch (global market drivers).

Thematic (Sector/Industry)

As mentioned earlier in <a href="https://www.smartkarma.com/insights/the-greying-of-thailand" target="_blank" data-smartkarma-citation="insights:6048">The Greying of Thailand</a>, Thailand's low population growth (0.8%) can be attributed to many reasons such as gender imbalance and an increasing trend of city people living as singles (In upcountry Thailand, the household size of 5-7 is not uncommon), but this presents both a problem and opportunity. On one hand, expecting high sales volume can be a problem in this product niche, simply because there aren't many customers...ie kids, as a demographic group compared to...say…

As mentioned earlier in The Greying of Thailand, Thailand's low population growth (0.8%) can be attributed to many reasons such as gender imbalance and an increasing trend of city people living as singles (In upcountry Thailand, the household size of 5-7 is not uncommon), but this presents both a problem and opportunity. On one hand, expecting high sales volume can be a problem in this product niche, simply because there aren't many customers...ie kids, as a demographic group compared to...say…

Transport Sector, China and Asia-focused Research

Charles De Trenck

This is an invest-able idea at the private level  with long term benefits. Both for the body, and for other ideas as well.Ever since I turned over a new leaf vis a vis health five plus years ago, I have explored active alternative health solutions. I have a long list of things I have solved and people I have seen gain real improvements from alternative treatments.  I have seen real growth in options to treatment of severe conditions.Most interesting perhaps has been learning about the benefits…

This is an invest-able idea at the private level  with long term benefits. Both for the body, and for other ideas as well.Ever since I turned over a new leaf vis a vis health five plus years ago, I have explored active alternative health solutions. I have a long list of things I have solved and people I have seen gain real improvements from alternative treatments.  I have seen real growth in options to treatment of severe conditions.Most interesting perhaps has been learning about the benefits…

Energy Medicine. Personal Experience. Impact. Growth in Asia. Ideas

CEO, A. Stotz Investment Research

Dr. Andrew Stotz, CFA

Quantamental Investing to beat Benchmarks

A. Stotz Investment Research

We pick stocks. We construct portfolios. All our effort is focused on how to better pick stocks and construct portfolios. We serve fund management companies, family offices, and high net worth individuals.

His Majesty King Bhumibol Adulyadej (Rama IX) passed away at Siriraj Hospital in Bangkok yesterday, 13 October 2016, at 3.52pm. Our condolences to all our Thai friends in your time of grief.Thailand is sailing into unchartered waters, considering that nearly everyone alive has only known one King and that his fiat power was immense, built up over years of devotion to the country.We expect that the Thai stock market will be hurt in the near term, but will eventually stabilize.

His Majesty King Bhumibol Adulyadej (Rama IX) passed away at Siriraj Hospital in Bangkok yesterday, 13 October 2016, at 3.52pm. Our condolences to all our Thai friends in your time of grief.Thailand is sailing into unchartered waters, considering that nearly everyone alive has only known one King and that his fiat power was immense, built up over years of devotion to the country.We expect that the Thai stock market will be hurt in the near term, but will eventually stabilize.

Thailand Mourns Fallen King, Healing Will Take Some Time

Technical Analysis

Ekachai Medical Care / Technical Analysis

<ul><li>The SET Index declined but managed to reduce its losses, partly due to domestic buying, particularly from institutional investors, which helped limit the market's drop.</li><li>The SET Index has fallen below the short-term moving average support at around 1,448 points, negatively impacting the overall technical outlook.</li><li>We anticipate that the index will experience volatility and short-term consolidation risks due to foreign investor selling pressure.</li></ul>

The SET Index declined but managed to reduce its losses, partly due to domestic buying, particularly from institutional investors, which helped limit the market's drop.The SET Index has fallen below the short-term moving average support at around 1,448 points, negatively impacting the overall technical outlook.We anticipate that the index will experience volatility and short-term consolidation risks due to foreign investor selling pressure.

Technical Analysis of SET Index and Recommended Stocks

Thailand

Ekachai Medical Care Public Company Limited operates Ekachai Hospital in Thailand, providing comprehensive medical care for both inpatients and outpatients. The hospital specializes in various fields, including obstetrics, gynaecology, paediatrics, orthopaedics, and offers services such as cosmetic surgery, fertility treatments, and elderly care. The company is headquartered in Samut Sakhon, Thailand, and was incorporated in 2003.

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Ekachai Medical Care (EKH TB)

Market Outlook and Investment Strategy

The SET Index is expected to move sideways, with the resistance at 1,700/1,706 points and the support at 1,685/1,675 points. Tactically, investors...

Krungthai XSpring

Kid's Stuff in Thai Equities

As mentioned earlier in The Greying of Thailand, Thailand's low population growth (0.8%) can be attributed to many reasons such as gender imbalance...

Athaporn Arayasantiparb, CFA

Energy Medicine. Personal Experience. Impact. Growth in Asia. Ideas

This is an invest-able idea at the private level with long term benefits. Both for the body, and for other ideas as well.Ever since I turned over...

Charles De Trenck

Thailand Mourns Fallen King, Healing Will Take Some Time

His Majesty King Bhumibol Adulyadej (Rama IX) passed away at Siriraj Hospital in Bangkok yesterday, 13 October 2016, at 3.52pm. Our condolences to...

A. Stotz Investment Research

Technical Analysis of SET Index and Recommended Stocks

The SET Index declined but managed to reduce its losses, partly due to domestic buying, particularly from institutional investors, which helped...

Krungthai XSpring

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