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).

The Chef's Selection: The Best of May/June Company Visits

Thai-Coons Ep. 8: Thaksin...Business Genius or Political Provacateur?

Equity Bottom-Up

The Kanjanapat family, who go by a different Chinese name in HK, have built two distinct empires. Elder brother Anand, who claims to have failed Grade 1 eight times, runs Bangkok Land, once the country's biggest property developer prior to the 1997 crisis when he was 2nd richest man in Thailand. His younger brother, Keeree, picked up the piece with BTS Group, previously Tanayong, and he is now richer than Anand with property joint ventures, transit ad companies (VGI and MACO), yummy restaurant Chefman, and one of the country's biggest infrastructure fund BTSGIF. Anand also picked up himself up with the country's leading exhibtion center Impact, which is newly listed.Their story is one of redemption and a fitting feel-good ending to Thai-coons, the longest-ever series produced by The MCorp Review. Investment-wise, BTS remains one of our favorites. The funds are looking good too yo. BTSGIF trades at lower multiple than the parent and has less volatility, though it comes with lower yields too. And IMPACT...that's one of a kind asset yo. Everyday, there's new events. At 20x, I'm all in, man! All year round, they have new events. It's the ultimate MICE (meetings, incentives, conference, events) play, man.

The Kanjanapat family, who go by a different Chinese name in HK, have built two distinct empires. Elder brother Anand, who claims to have failed Grade 1 eight times, runs Bangkok Land, once the country's biggest property developer prior to the 1997 crisis when he was 2nd richest man in Thailand. His younger brother, Keeree, picked up the piece with BTS Group, previously Tanayong, and he is now richer than Anand with property joint ventures, transit ad companies (VGI and MACO), yummy restaurant Chefman, and one of the country's biggest infrastructure fund BTSGIF. Anand also picked up himself up with the country's leading exhibtion center Impact, which is newly listed.Their story is one of redemption and a fitting feel-good ending to Thai-coons, the longest-ever series produced by The MCorp Review. Investment-wise, BTS remains one of our favorites. The funds are looking good too yo. BTSGIF trades at lower multiple than the parent and has less volatility, though it comes with lower yields too. And IMPACT...that's one of a kind asset yo. Everyday, there's new events. At 20x, I'm all in, man! All year round, they have new events. It's the ultimate MICE (meetings, incentives, conference, events) play, man.

Thai-Coons (Season Finale): Two Brothers on a Flying Train

BTS Group Holdings

Thai-Coons (Season Finale): Two Brothers on a Flying Train