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

<p>BANPU’s 1H21 earnings showed stronger momentum YoY, with the coal business as the key growth catalyst, prompting us to maintain our full- year forecasts. Meanwhile, the company is transitioning to a “greener and smarter” portfolio, with the incremental contribution expected to ramp up over the next five years at the expense of an EPS dilution effect from the planned capital increase. We maintain a Hold rating.</p>

BANPU’s 1H21 earnings showed stronger momentum YoY, with the coal business as the key growth catalyst, prompting us to maintain our full- year forecasts. Meanwhile, the company is transitioning to a “greener and smarter” portfolio, with the incremental contribution expected to ramp up over the next five years at the expense of an EPS dilution effect from the planned capital increase. We maintain a Hold rating.

Banpu Public

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