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>We met with Amata, Thailand's largest industrial estate developer, today. Ironically, for a company whose name literally means Immortal, things sure look like twilight here yo....except maybe the Vietnam side of the business. Unfortunately, both stocks trade well above market average, so it's hard to justify buying into them. Amata's pre-sales are dropping 28%, while land transfers are falling 73%. The CEO keeps talking it up and saying that we'll get some major deals in Q4 that would boost…</p>

We met with Amata, Thailand's largest industrial estate developer, today. Ironically, for a company whose name literally means Immortal, things sure look like twilight here yo....except maybe the Vietnam side of the business. Unfortunately, both stocks trade well above market average, so it's hard to justify buying into them. Amata's pre-sales are dropping 28%, while land transfers are falling 73%. The CEO keeps talking it up and saying that we'll get some major deals in Q4 that would boost…

Amata Corp Public

Immortal or Impossible to Recover?