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

High Conviction 2024 – CyberAgent: Strong Recovery in Gaming While Media Biz Reports Profits

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2024 High Conviction – CyberAgent: Worst Seems to Be Over

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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/cyberagent-inc" target="_blank" data-smartkarma-citation="entities:8197:1" rel="noopener">CyberAgent Inc (4751 JP)</a> reported 1QFY09/2024 results yesterday. Revenue increased 15.2% YoY with OP increasing 12.4% QoQ, and beat consensus estimates by a huge margin.</li>
<li>All three business segments have shown strong improvement, with newly released gaming title  "Jujutsu Kaisen Phantom Parade" driving growth for Games business.</li>
<li>CyberAgent's (CA’s) share price moved up by about 4% following earnings announcement and seems that the worst is over for the company.</li>
</ul>



CyberAgent Inc (4751 JP) reported 1QFY09/2024 results yesterday. Revenue increased 15.2% YoY with OP increasing 12.4% QoQ, and beat consensus estimates by a huge margin.
All three business segments have shown strong improvement, with newly released gaming title  "Jujutsu Kaisen Phantom Parade" driving growth for Games business.
CyberAgent's (CA’s) share price moved up by about 4% following earnings announcement and seems that the worst is over for the company.


High Conviction 2024 – CyberAgent: All Three Segments on a Road to Recovery