Equity Analyst, LightStream Research

Shifara Samsudeen, FCMA, CGMA

A chartered management accountant with more than 10 years of rich experience in investment research and financial analysis. Worked as an equity analyst for one of the world's largest asset managers with USD2.5trn in AUM covering numerous sectors including chemicals, retail, tech, autos, telco, real-estate and banks, globally. Experienced in fundamental equity research, industry research, commodity studies, forensic accounting, and due diligence reviews.

Equity Analyst

M3: Strong 2Q Results but Earnings Growth Starts Decelerating

CyberAgent 4Q: A Strong Fiscal Year; Indicative of a Business Turnaround?

Hoya: Long-Term Prospects Seem Attractive Though Some Short-Term Weaknesses Exist

Shift Inc: Key Beneficiary of Shift in Software Testing Towards Outsourcing in Japan

Baycurrent Consulting: Strong Fundamentals; Up Almost 200% and Further Upside Likely

Battle Lines Drawn As BABA Builds Out First/Last-Mile Capacity; But Who Will Fund 75+ Bn CNY CapEx?

Long-Short Analysis on Japan, Asia and the World

LightStream Research

LightStream conducts quantitatively rigorous and data-driven analysis with a focus on Japan and Asia.

We consistently cover the Tech, Consumer and Industrial sectors, and provide ECM and Events coverage more broadly.

We supplement traditional qualitative insights from company relationships with a robust quantitative foundation that examines as much historical data as is available.
We further refine the accuracy of our insights and calls through the use of alternative data to flesh out current trends, and through a valuation framework that emphasises non-superficial peer group selection and a proper attempt to understand the metrics and changes that have driven security valuations in the past.

Equity Bottom-Up

BayCurrent Consulting  / Equity Bottom-Up

<a href="https://www.smartkarma.com/entities/baycurrent-consulting-inc" target="_blank" data-smartkarma-citation="entities:25985:1" rel="noopener">Baycurrent Consulting (6532 JP)</a> reported its 1HFY02/2022 results on Monday (25th October) which saw revenues increasing 34.6% YoY to JPY26.6bn while operating profit for the quarter grew 76.0% YoY to JPY9.5bn. The company’s full-year guidance for FY02/2022E called for JPY51bn and JPY16bn in revenue and OP respectively, and BayCurent has already met 52.1% and 59.4% of its revenue and OP target respectively.On a quarterly basis, BayCurrent’s 2QFY02/2022 revenues grew 37.5% YoY while operating profit for the quarter more than doubled to JPY4.8bn vs JPY2.2bn in the same quarter a year ago.Read our previous insight on the company:<a href="https://www.smartkarma.com/insights/baycurrent-consulting-strong-fundamentals-up-almost-200-and-further-upside-likely" target="_blank" data-smartkarma-citation="insights:58912" rel="noopener">Baycurrent Consulting: Strong Fundamentals; Up Almost 200% and Further Upside Likely</a>

Baycurrent Consulting (6532 JP) reported its 1HFY02/2022 results on Monday (25th October) which saw revenues increasing 34.6% YoY to JPY26.6bn while operating profit for the quarter grew 76.0% YoY to JPY9.5bn. The company’s full-year guidance for FY02/2022E called for JPY51bn and JPY16bn in revenue and OP respectively, and BayCurent has already met 52.1% and 59.4% of its revenue and OP target respectively.On a quarterly basis, BayCurrent’s 2QFY02/2022 revenues grew 37.5% YoY while operating profit for the quarter more than doubled to JPY4.8bn vs JPY2.2bn in the same quarter a year ago.Read our previous insight on the company:Baycurrent Consulting: Strong Fundamentals; Up Almost 200% and Further Upside Likely 

BayCurrent Consulting: Strong Earnings Momentum Continues