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>We recommend selling GULF and CK (return: 0.00% and 4.84%, respectively), as the stocks have fallen out of our top rankings.</li><li>KKP has been re-added to our portfolio.</li><li>The positive factors include healthy earnings momentum in 4Q22E in response to the expansion of the auto loan portfolio (Motor Expo) and home loan portfolio, with buyers having accelerated the transfers of condo and house units ahead of the end of the relaxed LTV ratio.</li></ul>

We recommend selling GULF and CK (return: 0.00% and 4.84%, respectively), as the stocks have fallen out of our top rankings.KKP has been re-added to our portfolio.The positive factors include healthy earnings momentum in 4Q22E in response to the expansion of the auto loan portfolio (Motor Expo) and home loan portfolio, with buyers having accelerated the transfers of condo and house units ahead of the end of the relaxed LTV ratio.

Kiatnakin Phatra Bank

Big Cap Tactical Picks