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

Budweiser APAC: Chinese Beer Makers Poised for a Breakout

Budweiser APAC IPO Valuation: A Differing View from Most Others

Strong Fundamentals: But Rumored $70b Valuation Is Beyond Our Imagination

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

Budweiser Brewing  APAC  / Equity Bottom-Up

<p>Beer makers across the world were adversely affected by the COVID-19 pandemic. <a href="https://www.smartkarma.com/entities/budweiser-brewing-co-apac-ltd" target="_blank" data-smartkarma-citation="entities:28077:1" rel="noopener">Budweiser Brewing Company APAC (1876 HK)</a> was no exception, as the share price declined by around 30% during the COVID-19 sell-off. Alongside the beer market recovery, Budweiser shares rebounded rather quickly and were up 6.8% YTD in August 2020. Since then, the domestic beer market has been losing its growth momentum. As a result, Budweiser APAC is currently trading 1.7% below its 2020 start price.</p><p>We discuss the impact of COVID-19 on our Budweiser APAC thesis below.</p>

Beer makers across the world were adversely affected by the COVID-19 pandemic. Budweiser Brewing Company APAC (1876 HK) was no exception, as the share price declined by around 30% during the COVID-19 sell-off. Alongside the beer market recovery, Budweiser shares rebounded rather quickly and were up 6.8% YTD in August 2020. Since then, the domestic beer market has been losing its growth momentum. As a result, Budweiser APAC is currently trading 1.7% below its 2020 start price.We discuss the impact of COVID-19 on our Budweiser APAC thesis below.

Budweiser Brewing APAC

Budweiser APAC: Cheers Must Wait!