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 suggest selling AURA and SCB, as the stocks have fallen out of our top rankings (return: -5.55% and -0.48%, respectively).</li><li>We add TLI and TQM to the portfolio.</li><li>TLI's 2023E net profit is forecast to grow 2.13% YoY to Bt9.46bn, and TQM's 2023E net profit is projected to increase 10.67% YoY to Bt895.66mn.</li></ul>

We suggest selling AURA and SCB, as the stocks have fallen out of our top rankings (return: -5.55% and -0.48%, respectively).We add TLI and TQM to the portfolio.TLI's 2023E net profit is forecast to grow 2.13% YoY to Bt9.46bn, and TQM's 2023E net profit is projected to increase 10.67% YoY to Bt895.66mn.

Tli Inc

Big Cap Tactical Picks