Equity Long-Short

Mo Aziz

Capital markets veteran with 25 years across sell-side and buy-side research, investor relations, and fund management. Currently publish independent equity research (Mofferies Investment Research, via Smartkarma) spanning semiconductor memory (DRAM/NAND/HBM), foundry, semiconductor equipment and advanced packaging, gold and cross-asset strategy, financials forensics, and APAC IPOs — with a standing watchlist of 190+ companies across 41 countries. Background includes deep aviation-sector expertise (airlines, airports, OEMs, lessors, air cargo, travel/OTAs). Approach centers on identifying cyclical inflection points and mispriced risk across sectors, translated into explicit, actionable calls.

ARCHION (543A JP): Right Thesis, Wrong Entry — Bargain Gain Lands, Reset TP to ¥370, Stay BULLISH

Equity Bottom-Up

<ul>
<li>Japan's largest truck group listed with no earnings history, three-analyst rump coverage, and vendors still marking a phantom ¥220bn market cap against ¥1.0tn actual.</li>
<li>FY3/27 guidance of ¥110bn operating profit (+52%) is engineered margin recovery, not cyclical hope: plant consolidation, merged procurement, and a maiden ¥8 dividend, with synergies still unquantified.</li>
<li>Initiate BUY, TP ¥450 (+19%) on 16.6x FY3/27E EPS, ~20% above a stale ¥374 consensus. Accumulate through the 22–27 July offering window.</li>
</ul>


Japan's largest truck group listed with no earnings history, three-analyst rump coverage, and vendors still marking a phantom ¥220bn market cap against ¥1.0tn actual.
FY3/27 guidance of ¥110bn operating profit (+52%) is engineered margin recovery, not cyclical hope: plant consolidation, merged procurement, and a maiden ¥8 dividend, with synergies still unquantified.
Initiate BUY, TP ¥450 (+19%) on 16.6x FY3/27E EPS, ~20% above a stale ¥374 consensus. Accumulate through the 22–27 July offering window.


ARCHION Corporation (543A JP) - The Orphaned Re-IPO Nobody Is Pricing

Archion

ARCHION Corporation (543A JP) - The Orphaned Re-IPO Nobody Is Pricing