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).

Picking Stocks With the Right Management/Culture

JUBILE: Nation's Biggest Retailer of Diamond Jewelry

Five Strategies Favored by Thai Conglomerates and Tycoons

Telecom Review: A Primer on Concessions and Spectrums

Telecom Review: Four Bunnies Up True's Magic Hat

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

<p><strong>Pranda was the last company visit in March this year. </strong>We gotta admit that things aren't going quite so well for them as it has for cross-town rival Jubilee. The company was founded in 1973 and has three factories located in Thailand, Vietnam, and Indonesia with a total capacity of 4m pieces/yr. The word "factory" and the 71% capacity utilisation can be a bit deceptive. It's more like a production facility with craftsman, because you can't "mass-produce" jewelry design. Things just don't work…</p>

Pranda was the last company visit in March this year. We gotta admit that things aren't going quite so well for them as it has for cross-town rival Jubilee. The company was founded in 1973 and has three factories located in Thailand, Vietnam, and Indonesia with a total capacity of 4m pieces/yr. The word "factory" and the 71% capacity utilisation can be a bit deceptive. It's more like a production facility with craftsman, because you can't "mass-produce" jewelry design. Things just don't work…

Pranda Jewelry

PDJ: The Struggling Jeweler of Bangkok