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).

Three of a Kind: The Glass Is Greener on the Other Kiosk

Twilight of Thai Investment: Industrial Estates and Network Contractors

Equity Bottom-Up

<p>In the previous (forked) review, we saw how tough the going was for Amata, the biggest industrial estate developer in Thailand, but one bright side in the Group is the 73%-owned subsidiary in Vietnam. Anyway, our take is that the situation in Thailand is so bad it’s probably not worth touching the parent company at all. Actually, this should come as no surprise. Vietnam has a population the size of Thailand and Malaysia combined. The economy is one of the fastest growing in ASEAN at 6.2%, and…</p>

In the previous (forked) review, we saw how tough the going was for Amata, the biggest industrial estate developer in Thailand, but one bright side in the Group is the 73%-owned subsidiary in Vietnam. Anyway, our take is that the situation in Thailand is so bad it’s probably not worth touching the parent company at all. Actually, this should come as no surprise. Vietnam has a population the size of Thailand and Malaysia combined. The economy is one of the fastest growing in ASEAN at 6.2%, and…

Amata Corp Public

Amata's Mirror Image in Vietnam