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>VGI reported better-than-expected earnings results in 2QFY20/21 on the back of the resumption of ad spending.</li><li>We believe net profit will continue to improve in the rest of this year.</li><li>We thus maintain our Hold rating, with the SOTP-based TP of Bt7.80.</li></ul>

VGI reported better-than-expected earnings results in 2QFY20/21 on the back of the resumption of ad spending.We believe net profit will continue to improve in the rest of this year.We thus maintain our Hold rating, with the SOTP-based TP of Bt7.80.

Earnings Surpassed Breakeven Level in 2QFY20/21