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 given its strong 1Q24E earnings growth prospects (+QoQ and +YoY), driven by accelerating sales.</li><li>Conversely, we suggest cutting losses on CK after its share price fell sharply by 4.4% last Friday, leading its holding return (at -7.8%) to fall below our ranking threshold.</li><li>KTX's BIG Cap Tactical Picks portfolio is constructed within SET100 Index constituents.</li></ul>

We add SAPPE to the portfolio given its strong 1Q24E earnings growth prospects (+QoQ and +YoY), driven by accelerating sales.Conversely, we suggest cutting losses on CK after its share price fell sharply by 4.4% last Friday, leading its holding return (at -7.8%) to fall below our ranking threshold.KTX's BIG Cap Tactical Picks portfolio is constructed within SET100 Index constituents.

Sappe

Big Cap Tactical Picks