Japan/Asia Long-Short, LightStream Research

Mio Kato

Over 15 years analysing Japanese and Asian stocks from a long/short perspective

I focus on cyclically driven sectors such as Gaming, Factory Automation and Autos

An eclectic background as a long-short analyst, upper management at a financial data startup through its listing, and as the founder of a team analysing big/alternative data, all of which supports independent and differentiated views... we hope

An appreciation for Mathematics drives the development of a "Micro-Quantamental" process which can provide a data-driven, historically-informed and semi-automated foundation upon which to layer more qualitative and judgemental analysis, thus improving investment decision-making speed and accuracy

Japan/Asia Long-Short

Ctrip in Talks with Investors for Nasdaq Delisting; Ability to Attract a Large Premium Seems Limited

Shin-Etsu: All Segments Seeing Declines; Earnings Rebound Could Take Longer

Olympus: Recovery of Endoscopic Business and Sale of Imaging Business to Support Earnings Growth

StubWorld - Sohu, Yue Yuen/Pou Sheng, Rusal

Sogou/Tencent: The Latest Chinese Internet Privatisation

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.

Event-Driven

<p>With Tencent making a non-binding offer for Sogou, both Sogou and major shareholder Sohu have seen their stock prices surge from depressed levels. In this insight we piggyback of <a href="https://www.smartkarma.com/profiles/david-blennerhassett" target="_blank" data-smartkarma-citation="accounts:840" rel="noopener">David Blennerhassett</a>’s suggestion that Sohu is worth another look. We strongly agree and actually feel this could be the better play on the Sogou acquisition than Sogou itself.</p>

With Tencent making a non-binding offer for Sogou, both Sogou and major shareholder Sohu have seen their stock prices surge from depressed levels. In this insight we piggyback of David Blennerhassett’s suggestion that Sohu is worth another look. We strongly agree and actually feel this could be the better play on the Sogou acquisition than Sogou itself.

Sohu.com

Sohu – The Better Play on Sogou