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

The Week That Was in ASEAN@Smartkarma - GoTo Gojek Tokopedia, Sarimelati Kencana, and Gulf Energy

Head of Research, Krungthai XSpring

Waraporn Wiboonkanarak

Head of Research

Equity Bottom-Up

Gulf Energy Development  / Equity Bottom-Up

<ul><li>GULF, under its new structure that simplifies operations, is enhancing the capabilities of its power, gas, and digital businesses, which are expected to support stable and sustainable profit momentum.</li><li>This comes alongside a strengthened financial position and improved growth potential for the future.</li><li>We estimate a 12M fair value of Bt68.75, using the earnings yield method based on a required return of 2.4%. </li></ul>

GULF, under its new structure that simplifies operations, is enhancing the capabilities of its power, gas, and digital businesses, which are expected to support stable and sustainable profit momentum.This comes alongside a strengthened financial position and improved growth potential for the future.We estimate a 12M fair value of Bt68.75, using the earnings yield method based on a required return of 2.4%. 

Gulf Energy Development

Gulf Development -Solid All Fonts...