Equity Analyst, LightStream Research

Oshadhi Kumarasiri

An equity research analyst with over 7 years of experience in multiple sectors. Previously worked for one of the world's largest asset managers with about USD2.5trn in AUM, covering small and micro-cap companies in the consumer sphere across Europe and developed Asia. Also experienced in covering multiple industries including banking, insurance and asset management, retail, tech, telco and REIT.

Equity Analyst

Thoughts on Amazon –What Does Its Valuation Tells Us?

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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

Radiance Holdings / Equity Capital Markets

<a href="https://www.smartkarma.com/entities/radiance-holdings" target="_blank" data-smartkarma-citation="entities:29187:1" rel="noopener">Radiance Holdings (RH HK)</a> is a property developer in China focused mainly on providing high-quality residential properties to first-time home buyers and first-time upgraders. The company has over 20 years of experience and was ranked 40th in terms of contracted sales in a fragmented real estate market.
The company has filed for an IPO on the Hong Kong Stock Exchange and plans to use the IPO proceeds to:
<ul>
<li>Finance the construction of the following development projects: Shaoxing New Block Guanlan Garden, Shaoxing Mirror Lake, Fuzhou Jinhui Lanlixuan. Xi’an Jinghe Town, Suzhou New Block Four Seasons Garden, and Chongqing Changjiang King’s Garden.</li>
<li>Repay a portion of its existing trust loans.</li>
<li>General business operations and working capital purposes.</li>
</ul>
We analyse China’s residential property market conditions and their impact on Radiance Holdings below.

Radiance Holdings (RH HK) is a property developer in China focused mainly on providing high-quality residential properties to first-time home buyers and first-time upgraders. The company has over 20 years of experience and was ranked 40th in terms of contracted sales in a fragmented real estate market.
The company has filed for an IPO on the Hong Kong Stock Exchange and plans to use the IPO proceeds to:

Finance the construction of the following development projects: Shaoxing New Block Guanlan Garden, Shaoxing Mirror Lake, Fuzhou Jinhui Lanlixuan. Xi’an Jinghe Town, Suzhou New Block Four Seasons Garden, and Chongqing Changjiang King’s Garden.
Repay a portion of its existing trust loans.
General business operations and working capital purposes.

We analyse China’s residential property market conditions and their impact on Radiance Holdings below.

Radiance Holdings Pre-IPO: Shoring Up the Balance Sheet as Regulators Set Deleverage Targets