Asean-focused. Ex-Head of Thai Research

Athaporn Arayasantiparb, CFA

Athaporn served as Head of Research for UOB and ANZ in Thailand and was an award-winning telecoms analyst at UBS in 2010 (AsiaMoney Thailand category) and Regional Strategist for DMG in Singapore. Prior to that, he also served as Kasikornbank credit analyst and scholar. He has a total work experience of 22 years, of which 19 were in research and 9 in research management roles. He started his career as an engineer for PTT and currently manages family investments. He holds an MBA from Stern (NYU) and CFA Charter since 2006.

Apart from IPO Radar, which focuses on future listings, MCorp Review also performs financial advisory services for TKC Services and provides 11 other on-going thematic series ranked by frequency in descending order, namely:

1) Snippets (news-driven);
2) Sathorn Series (financial services);
3) Silicon Stories (technology); 
4) Thai-Coons (billionaire origin series);
5) Reality Check (data-driven, investigative);
6) Thai Media Spotlight;
7) Political Pit Stop; 
8) Telecom Review; 
9) Thai Macro Watch (read-through from foreign events);  
10) Small Cap Diary; and
11) Property Grid

There are also 3 limited-time series driven by specific events or locations, namely:
1) Thai Corona Crisis;
2) South Series; and
3) Mechanics and Details (deal forensics).

Singapore Airlines - Take off Remains Unclear

Aviators & Airports: The Ongoing Revolution

THAI: Flag Carrier Cuts Prices for Passenger Volume

THAI: Flag Carrier Plane Reboot to Save Fuel, Add Comfort

Equity Bottom-Up

Thai Airways International / Equity Bottom-Up

Recently, there has been a lot of ongoing drama in Thai aviation. In roughly a month’s time, we have seen Thai Airways rise almost 20% from a recent low of Bt17/sh, and most of the catalysts are short-term and external in nature. The two biggest issue appears to be: 1) their refusal to invest in former low-cost subsidiary Nok Air; and 2) the sanctions by Arab states on Qatar, home to aviation honcho Qatar Air. In this review, we look at some of the issues surrounding both events. In our view…

Recently, there has been a lot of ongoing drama in Thai aviation. In roughly a month’s time, we have seen Thai Airways rise almost 20% from a recent low of Bt17/sh, and most of the catalysts are short-term and external in nature. The two biggest issue appears to be: 1) their refusal to invest in former low-cost subsidiary Nok Air; and 2) the sanctions by Arab states on Qatar, home to aviation honcho Qatar Air. In this review, we look at some of the issues surrounding both events. In our view…

Thai Airways International

Dog Fight Over Thai Skies