StubWorld: Japex, Renault/Nissan, Wynn and the Chain Principle

Doosan Infracore Results Positive in 1Q18, Strengthened Balance Sheet to Support Expansion Strategy

Inpex Already Double the Budget for the Ichthys Project - Can It Be Higher?

Ichthys Takes Inpex One-Step Closer to the Oil Majors

Global Oil Prices & Asia - Too Early to Start Fretting

Japex Visit: Some Incremental Positives but Lacking Large Catalyst to Draw Investor Attention

Equity Analyst, LightStream Research

Nuzran Sahib

Equity Analyst

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

Revenue Grew Despite Sharp Drop in Volumes Amidst Rebounding Oil PricesInpex released its full-year results for FY03/18 and the revenue had beaten our estimates while being in-line with the consensus. Inpex recorded revenue of JPY933.7bn (+6.8% YoY) in FY03/18 compared to consensus of JPY939.9bn while considerably above our estimates of JPY881bn. Revenue growth could be mainly attributable to the increase in energy prices due to restricted supply by the oil producers. The crude oil price for…

Revenue Grew Despite Sharp Drop in Volumes Amidst Rebounding Oil PricesInpex released its full-year results for FY03/18 and the revenue had beaten our estimates while being in-line with the consensus. Inpex recorded revenue of JPY933.7bn (+6.8% YoY) in FY03/18 compared to consensus of JPY939.9bn while considerably above our estimates of JPY881bn. Revenue growth could be mainly attributable to the increase in energy prices due to restricted supply by the oil producers. The crude oil price for…

Inpex Guided to Lower Earnings Compared to Consensus Amidst Conservative Demand

Inpex Corp

Inpex Guided to Lower Earnings Compared to Consensus Amidst Conservative Demand