Japan/Asia Long-Short, LightStream Research

Mio Kato

Over 15 years analysing Japanese and Asian stocks from a long/short perspective

I focus on cyclically driven sectors such as Gaming, Factory Automation and Autos

An eclectic background as a long-short analyst, upper management at a financial data startup through its listing, and as the founder of a team analysing big/alternative data, all of which supports independent and differentiated views... we hope

An appreciation for Mathematics drives the development of a "Micro-Quantamental" process which can provide a data-driven, historically-informed and semi-automated foundation upon which to layer more qualitative and judgemental analysis, thus improving investment decision-making speed and accuracy

Japan/Asia Long-Short

Why Estimate AUM Benchmarked to MSCI Korea at ₩80T? & Passive Impact for November SAIR

Krafton: Only 20% of Employee Stock Ownership Association Apply for the IPO Shares

A Mismatch Between Krafton Immediate Float & Passive Inflow Quantity

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

<p>Krafton’s IPO is having a rather inauspicious start, opening down almost 10% from its KRW498,000 IPO price and falling as much as 20% at its intraday lows. That they somehow managed to convince some investors to pay up at the high end of the downwardly revised range should be considered a godsend, but with the stock falling so dramatically, should you be chasing this downwards?</p>

Krafton’s IPO is having a rather inauspicious start, opening down almost 10% from its KRW498,000 IPO price and falling as much as 20% at its intraday lows. That they somehow managed to convince some investors to pay up at the high end of the downwardly revised range should be considered a godsend, but with the stock falling so dramatically, should you be chasing this downwards?

Krafton IPO – Should You Chase This Down?