'Quantamental' Japan Specialist, LightStream Research

Campbell Gunn

Former Japan Equity PM with over 30 of experience now providing database-driven analysis of the market, sectors, peer groups and stocks for LightStream Research.

Leveraging data and graphic analysis provided by Japan Analytics, and the related Japan Analytics iPad App, we provide insights on companies are often ignored by the sell-side as well as challenging conventional wisdom on the market overall.

'Quantamental' Japan Specialist

Asahi Group Holdings Placement: Unlikely Until Share Price Rebounds

Asahi Group Holdings Placement: Attractive For Newcomers & Irritating For Old-Timers

Asahi to Close The Acquisition of CUB on 1st of June

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

Asahi Group Holdings / Equity Capital Markets

<figure class="editor-figure mceNonEditable"><img src="https://static-prod.smartkarma.com/images/media/000/157/615/original/2020-09-08_07-30-08.png?1599517826" class="editor-image img-responsive" data-smartkarma-image-id="157615"></figure><div class="content-caption">Source for all charts: Japan Analytics</div><p><strong><a href="https://www.smartkarma.com/entities/asahi-group-holdings-ltd" target="_blank" data-smartkarma-citation="entities:10482:1" rel="noopener">Asahi Group Holdings (2502 JP)</a></strong>- Following AGH's successful share placement to finance the CUB acquisition, this Insight provides new and long-suffering shareholders with an evaluation of the company's performance and valuation. Where relevant, we shall compare AGH with its domestic rival <a href="https://www.smartkarma.com/entities/kirin-holdings-co-ltd" target="_blank" data-smartkarma-citation="entities:16977:1" rel="noopener">Kirin Holdings (2503 JP)</a>.  The thirty-year correlation between the two company's share prices is 0.89.</p><figure class="editor-figure mceNonEditable"><img src="https://static-prod.smartkarma.com/images/media/000/157/623/original/2020-09-08_10-09-47.png?1599527397" class="editor-image img-responsive" data-smartkarma-image-id="157623"></figure>

Source for all charts: Japan AnalyticsAsahi Group Holdings (2502 JP)- Following AGH's successful share placement to finance the CUB acquisition, this Insight provides new and long-suffering shareholders with an evaluation of the company's performance and valuation. Where relevant, we shall compare AGH with its domestic rival Kirin Holdings (2503 JP).  The thirty-year correlation between the two company's share prices is 0.89.

🇯🇵 Japan • Asahi Group Holdings (2502 JP) - A Return & Valuation Perspective