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>We initiate our coverage on ITC with an Outperform rating and a 12M FV of Bt23.90, based on a required return of 5.19%.</li><li>We like ITC for its advanced manufacturing capabilities, continuous innovation, expertise in raw material sourcing, and strong relationships with key partners and customers.</li><li>Although ITC’s valuation is not cheap compared to its Thai and global peers, we believe it deserves the premium thank to its strong positioning in the global market.</li></ul>

We initiate our coverage on ITC with an Outperform rating and a 12M FV of Bt23.90, based on a required return of 5.19%.We like ITC for its advanced manufacturing capabilities, continuous innovation, expertise in raw material sourcing, and strong relationships with key partners and customers.Although ITC’s valuation is not cheap compared to its Thai and global peers, we believe it deserves the premium thank to its strong positioning in the global market.

I-Tail Corporation - Leader in Global Pet Food Manufacturing

I-TAIL

I-Tail Corporation - Leader in Global Pet Food Manufacturing