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).

Chef's Selection: November & December Company Visits

BJC (BJC TB): Realizing Synergies from Big C Acquisition

Reality Check IV: Can "Shop Peau Chart" Revive Thai Retailing?

The New Abnormal (Part II): Boosting Consumption & Hypermarket Wars

Momentum Stocks After the 100-Day Mourning Period

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

The TCC Group of Thailand's second richest man ( <a href="https://www.smartkarma.com/insights/thai-coons-episode-2-bottle-cap-boy-turned-beer-baron" target="_blank" data-smartkarma-citation="insights:6285">Thai-Coons (Episode 2): Bottle Cap Boy Turned Beer Baron</a>) did a few TV interviews highlighting its plans to de-list Big C, restructure it, and then list it back again. I can't help sensing the similarities of the whole process with Tom Cruise's motto in Edge of Tomorrow ("Live, Die, Repeat"). After all, re-listing is the closest thing that companies get to reincarnation, and de-listing is kinda like a ritual dying. OK, so Jen here thinks…

The TCC Group of Thailand's second richest man ( Thai-Coons (Episode 2): Bottle Cap Boy Turned Beer Baron) did a few TV interviews highlighting its plans to de-list Big C, restructure it, and then list it back again. I can't help sensing the similarities of the whole process with Tom Cruise's motto in Edge of Tomorrow ("Live, Die, Repeat"). After all, re-listing is the closest thing that companies get to reincarnation, and de-listing is kinda like a ritual dying. OK, so Jen here thinks…

Berli Jucker

Big C: Live, Die, Re-List?