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.

Equity Bottom-Up

<ul><li>ICHI has returned to the portfolio at the bottom of the list. The very hot weather will support the acceleration of the firm's operating results during the peak sales season, serving as a near-term catalyst.</li></ul>

ICHI has returned to the portfolio at the bottom of the list. The very hot weather will support the acceleration of the firm's operating results during the peak sales season, serving as a near-term catalyst.

<ul><li>We suggest selling ICHI and STGT as the stocks have fallen out of our top rankings. Since having been added to the portfolio, they have offered returns of 4.3% and 0.0%, respectively.</li></ul>

We suggest selling ICHI and STGT as the stocks have fallen out of our top rankings. Since having been added to the portfolio, they have offered returns of 4.3% and 0.0%, respectively.

<ul><li>Technically, the SET Index is expected to move sideways down, with the support at 1,386 points (25-day EMA)/1,379 points and the resistance at 1,396 points (50-day EMA)/1,400 points, as the index yesterday was unable to form a higher high and higher low pattern for the first time in five trading days.</li><li>Most Asian stock markets are closed for the Chinese New Year holiday.</li><li>We recommend stocks with positive factors: MINT, BA and MC.</li></ul>

Technically, the SET Index is expected to move sideways down, with the support at 1,386 points (25-day EMA)/1,379 points and the resistance at 1,396 points (50-day EMA)/1,400 points, as the index yesterday was unable to form a higher high and higher low pattern for the first time in five trading days.Most Asian stock markets are closed for the Chinese New Year holiday.We recommend stocks with positive factors: MINT, BA and MC.

<ul><li>Technically, we expect the SET Index to move sideways up, with the resistance at 1,409 points (75-day EMA)/1,416 points and the support at 1,390 points/1,386 points (25-day EMA).</li><li>KTX anticipates that the MPC will maintain the policy interest rate while awaiting clarity on the Digital Wallet scheme.</li><li>We recommend stocks that will benefit from the depreciation of the baht or the reduction of interest rates: ICHI, SAPPE and TIDLOR.</li></ul>

Technically, we expect the SET Index to move sideways up, with the resistance at 1,409 points (75-day EMA)/1,416 points and the support at 1,390 points/1,386 points (25-day EMA).KTX anticipates that the MPC will maintain the policy interest rate while awaiting clarity on the Digital Wallet scheme.We recommend stocks that will benefit from the depreciation of the baht or the reduction of interest rates: ICHI, SAPPE and TIDLOR.

<ul><li>Technically, the SET Index is expected to move sideways, with the resistance at 1,375/1,380 points and the support at 1,357/1,352 points.</li><li>The consensus expects the labor market to slacken amid potential declines in inflation.</li><li>We recommend dividend plays: ADVANC, INTUCH and WHAUP.</li></ul>

Technically, the SET Index is expected to move sideways, with the resistance at 1,375/1,380 points and the support at 1,357/1,352 points.The consensus expects the labor market to slacken amid potential declines in inflation.We recommend dividend plays: ADVANC, INTUCH and WHAUP.

Thailand

Ichitan Group Public Company Limited is a leading Thai beverage manufacturer specializing in ready-to-drink green teas, herbal drinks, fruit juices, and energy drinks. The company produces a diverse portfolio of non-alcoholic beverages, including major brands like Ichitan Green Tea and Yen Yen. Headquartered in Bangkok, Thailand, the company was founded in 2010.

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Ichitan (ICHI TB)

Big Cap Tactical Picks

ICHI has returned to the portfolio at the bottom of the list. The very hot weather will support the acceleration of the firm's operating results...

Krungthai XSpring

Big Cap Tactical Picks

We suggest selling ICHI and STGT as the stocks have fallen out of our top rankings. Since having been added to the portfolio, they have offered...

Krungthai XSpring

Chinese New Year to Boost Tourism

Technically, the SET Index is expected to move sideways down, with the support at 1,386 points (25-day EMA)/1,379 points and the resistance at...

Krungthai XSpring

Keep A Close Watch On The MPC Meeting

Technically, we expect the SET Index to move sideways up, with the resistance at 1,409 points (75-day EMA)/1,416 points and the support at 1,390...

Krungthai XSpring

Keep a Close Watch on US Employment Data

Technically, the SET Index is expected to move sideways, with the resistance at 1,375/1,380 points and the support at 1,357/1,352 points. The...

Krungthai XSpring

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