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).

JMART: Mobile Phones, Cameras, and Debt Collection

IPO Radar: CHAYO, the Next JMT (Debt Collection Biz)

Silicon Stories H: Cryptocurrency Craze Update

Equity Bottom-Up

<p>In the previous (forked) review, we first introduced Jaymart. Since then, a lot has happened. We sold Jaymart for a healthy profit at around Bt13/sh, but this stock proceeded to reach almost Bt16/sh yesterday. At this level, we no longer consider the stock to be very compelling, but clearly a lot of retail investors think differently, because the Group’s meeting, in which the parent company and three subsidiaries presented, was mobbed by interested investors to the extent that they had to fill…</p>

In the previous (forked) review, we first introduced Jaymart. Since then, a lot has happened. We sold Jaymart for a healthy profit at around Bt13/sh, but this stock proceeded to reach almost Bt16/sh yesterday. At this level, we no longer consider the stock to be very compelling, but clearly a lot of retail investors think differently, because the Group’s meeting, in which the parent company and three subsidiaries presented, was mobbed by interested investors to the extent that they had to fill…

Jaymart PCL

Revisiting Jaymart