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).

Nongshim Makes a Breakthrough Deal with Walmart

Hidden Tigers (Episode 2): The Three-Pronged Family Empire

Hidden Tigers (Season Premiere): Chocolate Ship Donuts

Five Biggest Lessons from Thai Financial Crisis

Equity Bottom-Up

Saha Pathanapibul Public Company Limited / Equity Bottom-Up

Saha Pathanapibul Public Company Limited (SPC TB)

The Chokewattana family of Sahapat Group doesn't appear on the Forbes list, but they probably should. Somehow, we (and most Thais) would find it hard to believe they are not billionaires. Market leaders in instant noodles, detergent, shoe, and bread category in the country, they are arguably one of the largest consumer products giants here and have incredible array of partnerships with Japanese companies ranging from Lawsons, Lion, Wacoal, and Mitsui just to name a few. Many of the stocks look very undervalued, though they've never moved much due to low liquidity and almost non-existent trading volumes. Despite having almost 20 listed companies, only one (Thai President Foods) which makes half of the country's instant noodle (Mama brand), has a billion dollar market cap. Check out the most influential Thai tycoon you've never heard off (their history, profile, business strategy, and major competitors)...and of course, Happy Songkran!

The Chokewattana family of Sahapat Group doesn't appear on the Forbes list, but they probably should. Somehow, we (and most Thais) would find it hard to believe they are not billionaires. Market leaders in instant noodles, detergent, shoe, and bread category in the country, they are arguably one of the largest consumer products giants here and have incredible array of partnerships with Japanese companies ranging from Lawsons, Lion, Wacoal, and Mitsui just to name a few. Many of the stocks look very undervalued, though they've never moved much due to low liquidity and almost non-existent trading volumes. Despite having almost 20 listed companies, only one (Thai President Foods) which makes half of the country's instant noodle (Mama brand), has a billion dollar market cap. Check out the most influential Thai tycoon you've never heard off (their history, profile, business strategy, and major competitors)...and of course, Happy Songkran!

Hidden Tigers (Season Finale): Thailand's Instant Noodle King