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

Samart Aviation Solutions Public Co Ltd / Equity Bottom-Up

Samart Aviation Solutions Public Co Ltd (SAV TB)

<ul><li>We maintain our Outperform rating.</li><li>SAV remains highly attractive from a fundamental valuation perspective, presenting 27% upside to our unchanced fair value of Bt14.00, based on a 9.0% required return.</li><li>We have upgraded tactical rating to Neutral (from Very limited upside) in light of strong near-term catalysts.</li></ul>

We maintain our Outperform rating.SAV remains highly attractive from a fundamental valuation perspective, presenting 27% upside to our unchanced fair value of Bt14.00, based on a 9.0% required return.We have upgraded tactical rating to Neutral (from Very limited upside) in light of strong near-term catalysts.

SAMART AVIATION SOLUTIONS Plc. (SAV): Strong Air Traffic Volume; New Projects Deferred to 2027 - Outperform (12M FWD Fair Value Bt14.00)