Equity Analyst, LightStream Research

Shifara Samsudeen, ACMA, 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

Pop Mart IPO: 1H20 Impacted by Covid-19 but New Launches and Online Channels Should Support Earnings

17 Edu & Tech IPO Valuation: Fairly Valued at the Lower End of the IPO Pricing

Pop Mart IPO Valuation: Rich Multiples but Superior Growth Profile Justifies the Premium

JD Health Pre-IPO: Peer Comparison Reveals JD Health’s Financials Are Stronger than Competition

Blue Moon IPO: Product Innovation and Online Channels Are the Secrets to a Gentle Clean

Baidu: Acquisition of YY Live Is More Beneficial to JOYY than Baidu

Kuaishou IPO: Advertising and E-Commerce Businesses to Drive Future Growth

Apple and Sony Music Compete to Buy Wondery to Take on Rival Spotify’s Podcast Offerings

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 Capital Markets

Blue Moon Group Holdings / Equity Capital Markets

<p><a href="https://www.smartkarma.com/entities/guangzhou-blue-moon-industry-co-ltd" target="_blank" data-smartkarma-citation="entities:29179:1" rel="noopener">Blue Moon Group Holdings (BMG HK)</a> , a leading consumer household care company in China has filed for an IPO to list its shares on the Hong Kong Stock Exchange and plans to raise about US$1bn. The company offers a wide range of products under three segments fabric care, personal hygiene products and home care products and has been the first to launch several new products such as liquid detergent and liquid soap to the Chinese market and the first mover advantage has helped the company grow its revenues and market share.</p><p>In our previous insight on the company’s IPO <a href="https://www.smartkarma.com/insights/blue-moon-ipo-product-innovation-and-online-channels-are-the-secrets-to-a-gentle-clean" target="_blank" data-smartkarma-citation="insights:41196" rel="noopener">Blue Moon IPO: Product Innovation and Online Channels Are the Secrets to a Gentle Clean</a> , we examined the company’s business model, segments, financials and outlook. The company released its Post Hearing Information Pack (PHIP) on the 18th and this insight on focuses on new data points from the PHIP.</p>

Blue Moon Group Holdings (BMG HK) , a leading consumer household care company in China has filed for an IPO to list its shares on the Hong Kong Stock Exchange and plans to raise about US$1bn. The company offers a wide range of products under three segments fabric care, personal hygiene products and home care products and has been the first to launch several new products such as liquid detergent and liquid soap to the Chinese market and the first mover advantage has helped the company grow its revenues and market share.In our previous insight on the company’s IPO Blue Moon IPO: Product Innovation and Online Channels Are the Secrets to a Gentle Clean , we examined the company’s business model, segments, financials and outlook. The company released its Post Hearing Information Pack (PHIP) on the 18th and this insight on focuses on new data points from the PHIP.

Blue Moon Group Holdings

Blue Moon IPO: Home Clean Home