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 maintain an Outperform rating on SIRI, finding its fundamental valuation attractive despite a neutral view on the tactical factors.</li><li>This should help offset the slower EPS growth expected due to the high base in 2023.</li><li>The 12M fair value remains unchanged at Bt2.03, based on the earnings yield approach with a required return of 13.8%.</li></ul>

We maintain an Outperform rating on SIRI, finding its fundamental valuation attractive despite a neutral view on the tactical factors.This should help offset the slower EPS growth expected due to the high base in 2023.The 12M fair value remains unchanged at Bt2.03, based on the earnings yield approach with a required return of 13.8%.

Sansiri - More Evident that Core Profit Will Be Flat in 2024E

Sansiri Public

Sansiri - More Evident that Core Profit Will Be Flat in 2024E