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).

Reality Check XVII: What Should We Make of This Thailand Future Fund Thing?

Thailand Future Fund IPO - Will Be Driven More by Retail, Lacks Upside

Thailand Future Fund IPO Trading Update - By the Locals for the Locals

IPO Stalker: SHREIT Doubles Down on Bali & Malaysia

Thai Power Genisys: Origin Stories Before the IPOs

IPO Radar: B-WORK, A True Office REIT....Yeah, That'll Work :)

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

WHA Utilities And Power / Equity Bottom-Up

<p>Today, we met up with power company <a href="https://www.smartkarma.com/entities/23995" target="_blank" data-smartkarma-citation="entities:23995:1">Wha Utilities And Power (WHAUP TB)</a> and the first listed REIT in Thailand called AIMIRT or AIM Industrial Growth Freehold &amp; Leasehold REIT. WHAUP is already expanding actively in all sides ranging from solar farms to power and industrial water. At first glance, there's really no growth in AIMIRT, but the company's management, which is closely linked to JWD, has plans to double in size pretty much like SHREIT, which we already discussed in <a href="https://www.smartkarma.com/insights/ipo-stalker-shreit-doubles-down-on-bali-malaysia" target="_blank" data-smartkarma-citation="insights:22720">IPO Stalker: SHREIT Doubles Down on Bali &amp; Malaysia</a>.</p>

Today, we met up with power company Wha Utilities And Power (WHAUP TB) and the first listed REIT in Thailand called AIMIRT or AIM Industrial Growth Freehold &amp; Leasehold REIT. WHAUP is already expanding actively in all sides ranging from solar farms to power and industrial water. At first glance, there's really no growth in AIMIRT, but the company's management, which is closely linked to JWD, has plans to double in size pretty much like SHREIT, which we already discussed in IPO Stalker: SHREIT Doubles Down on Bali &amp; Malaysia.

WHA Utilities And Power

Small Cap Diary: WHAUP & AIMIRT