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).

AsiaSoft's First Profit & Ride With the Devils

Netmarble Games Valuation Issue & Kabam's Vancouver Unit Acquisition

Netmarble Applies for an IPO - Impact on CJ E&M

Equity Bottom-Up

<p><strong>Revisiting AsiaSoft. </strong>We met AsiaSoft last year, and things have started to look up for them somewhat since then, but we still wouldn’t recommend buying any of the three companies we met today yo. Losses may have halved at AsiaSoft, but the revenues have barely grown. In fact, it’s dropped a little. The main reason things are looking up appears to be cost cuts and divestments of the money-losing Vietnam subsidiary, but as Jack Welch of GE once said, “How much cheese can you take off the burger…</p>

Revisiting AsiaSoft. We met AsiaSoft last year, and things have started to look up for them somewhat since then, but we still wouldn’t recommend buying any of the three companies we met today yo. Losses may have halved at AsiaSoft, but the revenues have barely grown. In fact, it’s dropped a little. The main reason things are looking up appears to be cost cuts and divestments of the money-losing Vietnam subsidiary, but as Jack Welch of GE once said, “How much cheese can you take off the burger…

Asphere Innovations

Rebooting Asiasoft