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

What Do You Buy if the Softbank Mega-Buyback Drives a Nikkei Squeeze?

Taking Stock of the Almost Excessive Alpha Generation From TOPIX-Nikkei Skew Trades

2Q20 Earnings Preview: Data Analytics Point to a 28% Decline in China Revenues Due to COVID-19

Fast Retailing: A Weak 1QFY20 in Uniqlo International and Its Impact on Valuation

GU's Path to Renewed Expansion to Boost Fast Retailing at Home and Overseas

Fast Retailing 1QFY20 Results to Form an Attractive Entry Point

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>
<a href="https://www.smartkarma.com/entities/fast-retailing-co-ltd" target="_blank" data-smartkarma-citation="entities:751:1" rel="noopener">Fast Retailing (9983 JP)</a> has been an investor favourite for a few years and despite its sound business, its share price/valuation has almost always remained expensive.</li>
<li>The COVID-19 outbreak led to a selloff in global equities, and as a result, Fast Retailing’s share price has dropped 34% to ¥46,230 per share.</li>
<li>In this insight, we assess further downside risks to Fast Retailing’s share price and recommend what could be a good entry point to the stock in this volatile economic environment.</li>
</ul>



Fast Retailing (9983 JP) has been an investor favourite for a few years and despite its sound business, its share price/valuation has almost always remained expensive.
The COVID-19 outbreak led to a selloff in global equities, and as a result, Fast Retailing’s share price has dropped 34% to ¥46,230 per share.
In this insight, we assess further downside risks to Fast Retailing’s share price and recommend what could be a good entry point to the stock in this volatile economic environment.


Fast Retailing: What Is a Good Entry Point Amidst COVID-19 Risks?