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>NER reported a 3Q24 net profit decline QoQ (below the consensus expectations).</li><li>We are putting our forecasts, recommendation, and fair price under review from the current Outperform rating with a 12M fair value of Bt5.78.</li><li>The weak performance may put pressure on the stock price today.</li></ul>

NER reported a 3Q24 net profit decline QoQ (below the consensus expectations).We are putting our forecasts, recommendation, and fair price under review from the current Outperform rating with a 12M fair value of Bt5.78.The weak performance may put pressure on the stock price today.

Downbeat 3Q24 Earnings; QoQ Weakening due to Cost Factors

North East Rubber

Downbeat 3Q24 Earnings; QoQ Weakening due to Cost Factors