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).

KFC Thailand: Thai Bev Puts CENTEL Down for the Count

The Next Victim of the KFC Deal Could Be...Pepsi!

TTA's Next Act: BDI Recovery...Pizza Hut?

CK Vs STEC: The Da Vinci Code for Thai Contractors

Equity Bottom-Up

An Intro. We met a hotel operator CENTEL and contractor CNT (Christiani Nielsen). We think CNT looks better than CENTEL yo. Like they say, when it rains, it pours. It’s hard to believe that CENTEL and Erawan actually operate in the same industry. Then again, while Erawan has a good deal of budget hotels, CENTEL is more like a middle-tier hotel chain near malls plus some high-end ones like the Centara Grand. They also operate the second largest restaurant chain in Thailand after MINT.Christiani…

An Intro. We met a hotel operator CENTEL and contractor CNT (Christiani Nielsen). We think CNT looks better than CENTEL yo. Like they say, when it rains, it pours. It’s hard to believe that CENTEL and Erawan actually operate in the same industry. Then again, while Erawan has a good deal of budget hotels, CENTEL is more like a middle-tier hotel chain near malls plus some high-end ones like the Centara Grand. They also operate the second largest restaurant chain in Thailand after MINT.Christiani…

Sino-Thai Engineering & Construction (STEC TB)

Two of a Kind: Gloomy Hotel, Bright Contractor

Central Plaza Hotel

Two of a Kind: Gloomy Hotel, Bright Contractor