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

Yidu Tech IPO: Strong Top Line Growth; New Markets and Offerings Should Support Further Growth

Kuaishou Pre-IPO: Strengthening Top Line and Ample Monetisation Opportunities

Blue Moon IPO: More Expensive than Multinational Household Care Players Even at Low-End of Pricing

Pop Mart IPO Valuation: Rich Multiples but Superior Growth Profile Justifies the Premium

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

<a href="https://www.smartkarma.com/entities/netjoy" target="_blank" data-smartkarma-citation="entities:29729:1" rel="noopener">Netjoy (2131 HK)</a> , a leading provider of short video marketing solutions and online content services in China has filed for an IPO to list its shares on the Hong Kong Stock Exchange. The company aims to raise HK$1.2bn (approx. US$151m) at the midpoint of the IPO price of HK$6.32 per share.According to iResearch, the company was ranked the third-largest online marketing solutions provider in China in 2019 based on gross billings generated from short video advertisements.In this insight, we examine the company’s business model, business segments and financials.

Netjoy (2131 HK) , a leading provider of short video marketing solutions and online content services in China has filed for an IPO to list its shares on the Hong Kong Stock Exchange. The company aims to raise HK$1.2bn (approx. US$151m) at the midpoint of the IPO price of HK$6.32 per share.According to iResearch, the company was ranked the third-largest online marketing solutions provider in China in 2019 based on gross billings generated from short video advertisements.In this insight, we examine the company’s business model, business segments and financials.

Netjoy

Netjoy Holdings IPO: Not So Joyful