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 add SAPPE to the portfolio on the back of the strong earnings growth momentum in 1Q24E both QoQ (due to seasonal factors) and YoY (low base and additional production capacity).</li><li>Conversely, PLANB has been removed after failing to meet our ranking threshold, with the return since our initial buy recommendation at -0.6%.</li><li>KTX's BIG Cap Tactical Picks portfolio is constructed within SET100 Index constituents.</li></ul>

We add SAPPE to the portfolio on the back of the strong earnings growth momentum in 1Q24E both QoQ (due to seasonal factors) and YoY (low base and additional production capacity).Conversely, PLANB has been removed after failing to meet our ranking threshold, with the return since our initial buy recommendation at -0.6%.KTX's BIG Cap Tactical Picks portfolio is constructed within SET100 Index constituents.

Sappe

BIG CAP Tactical Picks