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

Arrail IPO: Peer Comparison and Valuation

Bilibili: All Things Point to Slowdown in Earnings Growth

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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>
<a href="https://www.smartkarma.com/entities/arrail-group-limited" target="_blank" data-smartkarma-citation="entities:33794:1" rel="noopener">Arrail</a> is the largest dental services provider in China’s premium private dental service market and the third in the overall market in terms of total revenues in 2020.</li>
<li>The company has filed for an IPO to list on the Hong Kong Stock Exchange and plans to raise about US$86m.</li>
<li>The group has experienced strong growth despite the impact of COVID-19 and China’s growing private dental market offers large potential for the company to grow.</li>
</ul>



Arrail is the largest dental services provider in China’s premium private dental service market and the third in the overall market in terms of total revenues in 2020.
The company has filed for an IPO to list on the Hong Kong Stock Exchange and plans to raise about US$86m.
The group has experienced strong growth despite the impact of COVID-19 and China’s growing private dental market offers large potential for the company to grow.


Arrail IPO: Strong Growth Prospects with Further Upside to Margins

Arrail Group

Arrail IPO: Strong Growth Prospects with Further Upside to Margins