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>The firm's 2H23E earnings are expected to increase 80.6% to Bt4.12bn thanks to the seasonal recovery of both the tourism and food businesses.</li><li>Its 2023E earnings are forecast to grow 22.8% to Bt6.41bn on the back of the expansion of the NIM and loan growth.</li><li>The firm is expected to offer a dividend yield of 2.4%.</li></ul>

The firm's 2H23E earnings are expected to increase 80.6% to Bt4.12bn thanks to the seasonal recovery of both the tourism and food businesses.Its 2023E earnings are forecast to grow 22.8% to Bt6.41bn on the back of the expansion of the NIM and loan growth.The firm is expected to offer a dividend yield of 2.4%.

Big Cap Tactical Picks (Eng. / November 7, 2023)

Minor International

Big Cap Tactical Picks (Eng. / November 7, 2023)