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).

The Best of August/Sept 2018 Company Visits

IPO Stalker: SHREIT Doubles Down on Bali & Malaysia

IPO Radar: SHREIT, Charoen's Next Hotel REIT

IPO Radar: B-WORK, A True Office REIT....Yeah, That'll Work :)

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

Strategic Hospitality Freehold and Leasehold REIT / Equity Bottom-Up

Strategic Hospitality Freehold and Leasehold REIT (SHREIT TB)

Strategic Hospitality Freehold and Leasehold REIT

<p>On August 14, we met up with the management of <a href="https://www.smartkarma.com/entities/25885" target="_blank" data-smartkarma-citation="entities:25885:1">Strategic Hospitality Freeho (SHREIT TB)</a> to vote on the capital raising and bond issuance in order to further expand into Malaysia (Hilton KL) and Bali (Sofitel). While most of the stuff discussed in the three hour meeting are already discussed in the earlier 200-page reports they sent us, there are a few titbits that were mentioned during the meeting. Management continued to evade questions regarding why they abandoned Cambodia, since those were…</p>

On August 14, we met up with the management of Strategic Hospitality Freeho (SHREIT TB) to vote on the capital raising and bond issuance in order to further expand into Malaysia (Hilton KL) and Bali (Sofitel). While most of the stuff discussed in the three hour meeting are already discussed in the earlier 200-page reports they sent us, there are a few titbits that were mentioned during the meeting. Management continued to evade questions regarding why they abandoned Cambodia, since those were…

IPO Stalker: SHREIT Clarifies Its Expansion Plans