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

Somboon Advance Technology P / Equity Bottom-Up

<ul><li>We maintain a Neutral rating. The limited tactical downside risk to the share price is offset by the fact that it is fully valued in terms of the fundamentals.</li><li>The long-term earnings growth is likely to hover around the low single digits.</li><li>Meanwhile, the expected dividend yield of 9% for the 2024E performance remains an attractive point for SAT.</li></ul>

We maintain a Neutral rating. The limited tactical downside risk to the share price is offset by the fact that it is fully valued in terms of the fundamentals.The long-term earnings growth is likely to hover around the low single digits.Meanwhile, the expected dividend yield of 9% for the 2024E performance remains an attractive point for SAT.

Somboon Advance Technology - In-Line 1Q24 Earnings