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 BLA, as the stock has fallen out of our top rankings (return: -6.14%).</li><li>We add TISCO to our portfolio on the expectation that its 3Q23E earnings will grow by 3.4% YoY to Bt1.83bn, driven by the expansion of high-yield loans and a lower loan loss provision.</li></ul>

We suggest selling BLA, as the stock has fallen out of our top rankings (return: -6.14%).We add TISCO to our portfolio on the expectation that its 3Q23E earnings will grow by 3.4% YoY to Bt1.83bn, driven by the expansion of high-yield loans and a lower loan loss provision.

Blue Sky Alternative Investments (BLA AU)

TISCO Financial Group

Big Cap Tactical Picks