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>It is expected that INTUCH will post lackluster core earnings YoY on the weaker performance of ADVANC, while THCOM is anticipated to record a slim profit, improving from a loss last year.</li><li>Our full-year earnings estimate is maintained.</li><li>In light of the ample upside to the fair value of Bt71.40, alongside its consistent dividend payment with a yield of 4%, we maintain our Buy rating.</li></ul>

It is expected that INTUCH will post lackluster core earnings YoY on the weaker performance of ADVANC, while THCOM is anticipated to record a slim profit, improving from a loss last year.Our full-year earnings estimate is maintained.In light of the ample upside to the fair value of Bt71.40, alongside its consistent dividend payment with a yield of 4%, we maintain our Buy rating.

Weak Earnings but Yield Remains Attractive

Intouch Holdings

Weak Earnings but Yield Remains Attractive