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

<p>INTUCH posted a slight drop YoY in the 2Q21 core earnings on the lower contribution from THCOM. INTUCH’s share price fell by 3% over the past two days due to the end of GULF’s tender offer at the price of Bt65 as well as the recent downward revision to the 2021 guidance of ADVANC, its core earnings contributor. Our Hold rating is maintained on the expectation that the above factors will not have a significant impact on INTUCH’s near-term outlook.</p>

INTUCH posted a slight drop YoY in the 2Q21 core earnings on the lower contribution from THCOM. INTUCH’s share price fell by 3% over the past two days due to the end of GULF’s tender offer at the price of Bt65 as well as the recent downward revision to the 2021 guidance of ADVANC, its core earnings contributor. Our Hold rating is maintained on the expectation that the above factors will not have a significant impact on INTUCH’s near-term outlook.

Intouch Holdings

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