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>KTX maintains a Buy rating with a 12-month fair value of Bt8.15, based on a required return of 6.2%, implying a PER of 16.2x.</li><li>PSL reported 1Q26 net profit of Bt108mn.</li><li>PSL’s outlook is supported by an upcycle in the shipping industry, driven by rerouting of shipping lanes amid geopolitical uncertainty and global trade measures.</li></ul>

KTX maintains a Buy rating with a 12-month fair value of Bt8.15, based on a required return of 6.2%, implying a PER of 16.2x.PSL reported 1Q26 net profit of Bt108mn.PSL’s outlook is supported by an upcycle in the shipping industry, driven by rerouting of shipping lanes amid geopolitical uncertainty and global trade measures.

PRECIOUS SHIPPING Plc. (PSL): 1Q26 QoQ Softened On Seasonality...

Precious Shipping

PRECIOUS SHIPPING Plc. (PSL): 1Q26 QoQ Softened On Seasonality...