Equity Analyst, LightStream Research

Oshadhi Kumarasiri

An equity research analyst with over 7 years of experience in multiple sectors. Previously worked for one of the world's largest asset managers with about USD2.5trn in AUM, covering small and micro-cap companies in the consumer sphere across Europe and developed Asia. Also experienced in covering multiple industries including banking, insurance and asset management, retail, tech, telco and REIT.

Equity Analyst

2021 High Conviction Update: Raises Speedway Synergies, But Leaves Enough Room For Future Upside

1QFY22 Results: Underperforms Consensus, A Minor Blip Could Be a Good Entry Point

2021 High Conviction: Seven & I Raises Speedway Synergies & India Expansion Could Break The Deadlock

2021 High Conviction Update: 34% More Upside Short-Term Is Not Impossible

Activist Investor Requests Seven & I to Focus on 7-Eleven Convenience Store Business

2021 High Conviction Call: Seven & I Completes the Speedway Acquisition, But Not Without Trouble

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

<ul>
<li>Gaining around 62% since our high conviction note last year, <a href="https://www.smartkarma.com/entities/seven-i-holdings-co-ltd" target="_blank" data-smartkarma-citation="entities:1041:1" rel="noopener">Seven &amp; I Holdings (3382 JP)</a>’s share price is closing in on the all-time high level. News flow was not particularly impressive for Seven &amp; I over the last three months but the share price marched on at a slower pace.</li>
<li>With the news flow seemingly turning positive alongside the closure of the Speedway acquisition, we expect Seven &amp; I to break the previous all-time high of ¥5,906 per share in the immediate future.</li>
</ul>


Gaining around 62% since our high conviction note last year, Seven &amp; I Holdings (3382 JP)’s share price is closing in on the all-time high level. News flow was not particularly impressive for Seven &amp; I over the last three months but the share price marched on at a slower pace.
With the news flow seemingly turning positive alongside the closure of the Speedway acquisition, we expect Seven &amp; I to break the previous all-time high of ¥5,906 per share in the immediate future.


2021 High Conviction Update: Seven & I Has More Room (Perhaps, Another 50%) To the Upside