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).

Sathorn Series C: Revisiting Thai Insurance

Sathorn Series D: KTB + TMB = Thailand's New Banking Godzilla Yo!

Sathorn Series E: New Wave of Bank Mergers?

Sathorn Series 4: Reading McKinsey, Investing Insurance

Snippets#5: Trump Vs Techdom, Clash of the Titans

Snippets#4: Ferrum's Transformation from Phones to Power Plants

Event-Driven

<p>We joined a shareholder meeting to decide whether THREL would be allowed to sell its shares in EMCS Thailand to its own parent company THRE in a related transaction. EMCS Thailand is a software company that specializes in non-life insurers and auto service centers. Currently, THRE holds 50% of the company after buying out BKI (Bangkok Insurance), while THREL still holds 20%. The company was founded by a Malaysian software company EMCS Berhad. </p><table class="table table-striped"><tbody>
<tr>
<td>Stocks</td>
<td>Business</td>
<td style="text-align: center;">Shr pr (Bt/sh)</td>
<td style="text-align: center;">Mkt cap (US$ m)</td>
<td style="text-align: center;">PE (x)</td>
<td style="text-align: center;">Yld</td>
</tr>
</tbody></table>…

We joined a shareholder meeting to decide whether THREL would be allowed to sell its shares in EMCS Thailand to its own parent company THRE in a related transaction. EMCS Thailand is a software company that specializes in non-life insurers and auto service centers. Currently, THRE holds 50% of the company after buying out BKI (Bangkok Insurance), while THREL still holds 20%. The company was founded by a Malaysian software company EMCS Berhad. 

Stocks
Business
Shr pr (Bt/sh)
Mkt cap (US$ m)
PE (x)
Yld

…

THREL & EMCS Thailand: To Sell or Not To Sell?

Thaire Life Assurance

THREL & EMCS Thailand: To Sell or Not To Sell?