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

Delhivery (RHD Updates): Unit Economics Have Taken a Beat

Yunkang IPO (PHIP): Growth Still Largely Driven by COVID

Kuaishou: Livestreaming E-Commerce Expands and Losses to Narrow; Further Upside Seems Likely

MicroPort NeuroTech IPO: Impressive Product Portfolio Offsets Profitability Concerns

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>GOGOX is China’s second largest online intra-city logistics platform with operations in Hong kong, Singapore, Korea and India.</li>
<li>The company’s application for a HK listing has been approved and according to news media outlets, will raise US$200-300m through the IPO.</li>
<li>GOGOX’s overseas business has continued growth despite the pandemic, however, China business has been deteriorating due to intense competition.</li>
</ul>


GOGOX is China’s second largest online intra-city logistics platform with operations in Hong kong, Singapore, Korea and India.
The company’s application for a HK listing has been approved and according to news media outlets, will raise US$200-300m through the IPO.
GOGOX’s overseas business has continued growth despite the pandemic, however, China business has been deteriorating due to intense competition.


GOGOX IPO: Overseas Business Maintains Growth but China Biz Under Pressure Due to Competition

GoGoX Holdings

GOGOX IPO: Overseas Business Maintains Growth but China Biz Under Pressure Due to Competition