Asean-focused. Ex-Head of Thai Research

Athaporn Arayasantiparb, CFA

Equity Capital Markets

Thonburi Healthcare Group / Equity Capital Markets

Investors, both Thai and Canadian, seem crazy about healthcare. We caught wind that a small player, Thonburi (THG), could be listed some time this year. Using two different methods, MCorp Review estimate that the stock is worth between Bt11.8/sh to Bt17.4/sh, so we might be willing to take a plunk if it doesn't IPO too close to the top of the range. Healthcare stocks typically trade at one of the highest multiples in Thai markets, so you're lucky if you can get it cheap.Founded by the Vanasin family, these guys are not healthcare elites yo. Returns are generally lower than the big boys, and it's probably more like a hospital for locals. In fact, Thonburi is the poorer side of Bangkok.

Investors, both Thai and Canadian, seem crazy about healthcare. We caught wind that a small player, Thonburi (THG), could be listed some time this year. Using two different methods, MCorp Review estimate that the stock is worth between Bt11.8/sh to Bt17.4/sh, so we might be willing to take a plunk if it doesn't IPO too close to the top of the range. Healthcare stocks typically trade at one of the highest multiples in Thai markets, so you're lucky if you can get it cheap.Founded by the Vanasin family, these guys are not healthcare elites yo. Returns are generally lower than the big boys, and it's probably more like a hospital for locals. In fact, Thonburi is the poorer side of Bangkok.

IPO Radar: Thonburi, Scruffy Hospital from the West Side Yo!

Transport Sector, China and Asia-focused Research

Charles De Trenck

Thematic (Sector/Industry)

This is an invest-able idea at the private level  with long term benefits. Both for the body, and for other ideas as well.Ever since I turned over a new leaf vis a vis health five plus years ago, I have explored active alternative health solutions. I have a long list of things I have solved and people I have seen gain real improvements from alternative treatments.  I have seen real growth in options to treatment of severe conditions.Most interesting perhaps has been learning about the benefits…

This is an invest-able idea at the private level  with long term benefits. Both for the body, and for other ideas as well.Ever since I turned over a new leaf vis a vis health five plus years ago, I have explored active alternative health solutions. I have a long list of things I have solved and people I have seen gain real improvements from alternative treatments.  I have seen real growth in options to treatment of severe conditions.Most interesting perhaps has been learning about the benefits…

Energy Medicine. Personal Experience. Impact. Growth in Asia. Ideas

Thailand

Thonburi Medical Center PCL owns and operates Hospitals located in Bangkok, both hospitals have capacity of 400 in-patient beds.

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Thonburi Medical Centre (KDH TB)

IPO Radar: Thonburi, Scruffy Hospital from the West Side Yo!

Investors, both Thai and Canadian, seem crazy about healthcare. We caught wind that a small player, Thonburi (THG), could be listed some time this...

Athaporn Arayasantiparb, CFA

Energy Medicine. Personal Experience. Impact. Growth in Asia. Ideas

This is an invest-able idea at the private level with long term benefits. Both for the body, and for other ideas as well.Ever since I turned over...

Charles De Trenck

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52-week Range

Market Cap (USDm)

P/E

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