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>Strong inventory management has allowed MOSHI to continue selling lower-cost inventory through August.</li><li>2Q26TD SSSG momentum remains slightly positive, while GPM is expected to improve YoY but soften QoQ.</li><li>We maintain Outperform. The stock offers 2% upside to our fair value of Bt37.00, based on a required return of 6.9%.</li></ul>

Strong inventory management has allowed MOSHI to continue selling lower-cost inventory through August.2Q26TD SSSG momentum remains slightly positive, while GPM is expected to improve YoY but soften QoQ.We maintain Outperform. The stock offers 2% upside to our fair value of Bt37.00, based on a required return of 6.9%.

MOSHI MOSHI RETAIL CORPORATION Plc. (MOSHI): 2Q26TD SSSG Remains Positive...

Moshi Moshi Retail

MOSHI MOSHI RETAIL CORPORATION Plc. (MOSHI): 2Q26TD SSSG Remains Positive...