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 buying PTG due to the likelihood of greater travel volume during the peak tourism season and the crop harvest season.</li><li>Another supporting factor for the share price will be the plan to list the oil palm and LPG businesses to the SET in the next six months.</li><li>The consensus estimate calls for 2022E earnings at Bt1,608mn, +59.84% YoY.</li></ul>

We recommend buying PTG due to the likelihood of greater travel volume during the peak tourism season and the crop harvest season.Another supporting factor for the share price will be the plan to list the oil palm and LPG businesses to the SET in the next six months.The consensus estimate calls for 2022E earnings at Bt1,608mn, +59.84% YoY.

PTG Energy

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