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).

A Primer on Thai Franchising: Structure, Roles, & Pitfalls

Thai Restaurants (Part I): Industry Structure and Key Success Factors

Asean (Thailand) Focused Independent Research

M Corp Review

M Corp is led by Athaporn Arayasantiparb who 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 17 years, of which 14 were in research and 4 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 provides six on-going thematic series ranked by frequency in descending order, namely: 1) Silicon Stories (technology) 2) Sathorn Series (financial services) 3) Thai-Coons (billionaire origin stories) 4) Reality Check (data-driven, investigative) 5) Thai Media Spotlight; and 6) Thai Macro Watch (global market drivers).

Equity Bottom-Up

<p><strong>We had the chance to meet up with a Mudman director recently to dig their brains on the company</strong> and the related restaurant business ( <a href="https://www.smartkarma.com/insights/thai-restaurants-part-2-major-players" target="_blank" data-smartkarma-citation="insights:21592">Thai Restaurants (Part 2): Major Players</a>). He was quite honest, and it confirmed our originally bearish stance on the stock, one of the few that has fallen since the IPO. The others were SHREIT and Rich Sport, the Converse retailer in Thailand. The founder of Mudman is actually the nephew of the current KSL tycoon from the Chintamitr family we briefly mentioned in…</p>

We had the chance to meet up with a Mudman director recently to dig their brains on the company and the related restaurant business ( Thai Restaurants (Part 2): Major Players). He was quite honest, and it confirmed our originally bearish stance on the stock, one of the few that has fallen since the IPO. The others were SHREIT and Rich Sport, the Converse retailer in Thailand. The founder of Mudman is actually the nephew of the current KSL tycoon from the Chintamitr family we briefly mentioned in…

Mudman Company

IPO Stalker: Quick Catch-Up With Mudman