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).

IPO Stalker: M Visions, Mobile Expo Organizers

Telecom Review (Sept'18): Regulatory Wranglings

Telecom Review: There's Life After IPhone X

Telecom Review: True Says No to 1800MHz, Now What?

Telecom Review (June 2018): New DTAC Leadership

Three Kingdoms of Thai Telecoms: The Battle of 2300MHz

Snippets #10: Thailand Goes 5G...SCB/TMB Tie-Up?

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

Total Access Communication / Equity Bottom-Up

In early August, the Street applauded DTAC's new management on their decision to bid for the 1800, rather than 900MHz spectrum, and the stock price moved up 12% initially. MCorp Review feels that this is wrong on so many levels ( <a href="https://www.smartkarma.com/insights/telecom-review-dtac-sheds-more-license" target="_blank" data-smartkarma-citation="insights:16265">Telecom Review: DTAC Sheds More License?</a>). The 1800MHz serves the same purpose as other high frequency spectra (2.1GHz and 2.3GHz) in that it is suitable for deployment in Bangkok and densely populated areas with smaller geographies (Bangkok, Phuket, down-town Khorat)…

In early August, the Street applauded DTAC's new management on their decision to bid for the 1800, rather than 900MHz spectrum, and the stock price moved up 12% initially. MCorp Review feels that this is wrong on so many levels ( Telecom Review: DTAC Sheds More License?). The 1800MHz serves the same purpose as other high frequency spectra (2.1GHz and 2.3GHz) in that it is suitable for deployment in Bangkok and densely populated areas with smaller geographies (Bangkok, Phuket, down-town Khorat)…

Telecom Review: DTAC's Costly Decision in the Spectrum Wars