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).

Thoughts on Amazon –What Does Its Valuation Tells Us?

Netflix & Amazon Expand in Korea – Not a Coincidence

Okja: The Fight Between Netflix Vs. CJ CGV

Thematic (Sector/Industry)

<p>China is Thailand's largest export destination and source of tourists. As China grows more slower than 7% and poses unemployment risk domestically, we see Thai exports at risk, though tourism remains buoyant due to substitution effects with more expensive destinations. Unlike other major events (Trump presidency, Abenomics), we see only losers, no winners in this review. The impact on individual stocks with exposure to China (eg. Banpu, Rojana) should not be cataclysmic, but we realize it has negative impacts on our overall export-dominated economy. An increase in Chinese investments here could also threaten local contractors for infrastructure works unless they are able to form consortium with the large Chinese players.</p>

China is Thailand's largest export destination and source of tourists. As China grows more slower than 7% and poses unemployment risk domestically, we see Thai exports at risk, though tourism remains buoyant due to substitution effects with more expensive destinations. Unlike other major events (Trump presidency, Abenomics), we see only losers, no winners in this review. The impact on individual stocks with exposure to China (eg. Banpu, Rojana) should not be cataclysmic, but we realize it has negative impacts on our overall export-dominated economy. An increase in Chinese investments here could also threaten local contractors for infrastructure works unless they are able to form consortium with the large Chinese players.

North Bangkok Power Plant Block 1 Infrastructure Fund (EGATIF TB)

North Bangkok Power Plant Block 1 Infrastructure Fund

When China Sneezes, Thailand Catches a Cold