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

LinkDoc Technology IPO: Big Data for Cancer Care

Zylox-Tonbridge IPO: Comprehensive Coverage, Proven Marketing and Core Products Show Good Potential

Zylox-Tonbridge IPO: DCF Valuation Offers Decent Upside to the Upper End

Kanzhun IPO: Peer Comparison and Valuation

Full Truck Alliance IPO: Peer Comparison and Valuation

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

<p><a href="https://www.smartkarma.com/entities/missfresh-limited" target="_blank" data-smartkarma-citation="entities:33468:1" rel="noopener">Missfresh (MF US)</a>  is primarily engaged in the business of providing fresh produce and fast-moving consumer goods to customers through the company’s self-owned online e-commerce platform and distributed mini warehouse (DMW) networks. According to iResearch, the company was the first to invent the DMW model by building and operating DMWs in 2015 and was ranked second in China’s DMW retail industry in 2020, based on gross merchandise volume (GMV).</p><p>The company is backed by Tencent and has filed for an IPO to list its shares in the US, and according to news media outlets, Missfresh could raise up to US$500m through the IPO.</p>

Missfresh (MF US)  is primarily engaged in the business of providing fresh produce and fast-moving consumer goods to customers through the company’s self-owned online e-commerce platform and distributed mini warehouse (DMW) networks. According to iResearch, the company was the first to invent the DMW model by building and operating DMWs in 2015 and was ranked second in China’s DMW retail industry in 2020, based on gross merchandise volume (GMV).The company is backed by Tencent and has filed for an IPO to list its shares in the US, and according to news media outlets, Missfresh could raise up to US$500m through the IPO.

Missfresh IPO: Per Unit Analysis Shows the Company Is Far from Profits