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

The Week That Was in ASEAN@Smartkarma - United Tractors, Grab's Listing, and GoTo IPO

GRAB New Low in Store for a Basing Process - Where We like Buying.

Grab: SOTP Suggests Steep Discount to Proposed SPAC Valuation

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 Capital Markets

<ul>
<li>Grab made its public debut on NASDAQ on 02nd of December. The company’s shares are currently trading at US$6.79 per share compared to US$13.06 per apiece at the open.</li>
<li>On Tuesday, several news media outlets reported that Grab has agreed to buy the Malaysian grocery chain Jaya Grocer to tap into the booming online groceries business in the region.</li>
<li>Our revised SOTP valuation offers significant upside to Grab’s current share price but we would caution investors about the upcoming lock-up expiry of a large number of Grab’s shares.</li>
</ul>


Grab made its public debut on NASDAQ on 02nd of December. The company’s shares are currently trading at US$6.79 per share compared to US$13.06 per apiece at the open.
On Tuesday, several news media outlets reported that Grab has agreed to buy the Malaysian grocery chain Jaya Grocer to tap into the booming online groceries business in the region.
Our revised SOTP valuation offers significant upside to Grab’s current share price but we would caution investors about the upcoming lock-up expiry of a large number of Grab’s shares.


Grab Holdings

Grab SPAC: What Is Next?