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

Seven & I Spends Another $950mn on Acquisitions, A Possible Defense Against Investor Activism

Investor Activism Update: Seven & I Sets the Path in Investor Activism Battle

Seven & I Letting Go of Ito-Yokado at Last?

Seven & I: An Update on Investor Activism

Seven & I: Challenging Guidance, The US Business Needs to Fire on All Cylinders

Seven & I: Unimpressive Results & Potential Investor Exodus Amidst Superstore Transformation

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.

Event-Driven

<ul>
<li>
<a href="https://www.smartkarma.com/entities/seven-i-holdings-co-ltd" target="_blank" data-smartkarma-citation="entities:1041:1" rel="noopener">Seven &amp; I Holdings (3382 JP)</a> announced last week that it had agreed to buy the 7-Eleven convenience store chain in Australia for A$1.71bn ($1.1bn).</li>
<li>The acquisition may not immediately impact Seven &amp; I's stock price like Speedway did, given its smaller scale, lack of synergies, and less favorable macroeconomic conditions.</li>
<li>The main positive takeaway from this news is that the acquisition price for 7-Eleven Australia is not as extravagant as the amount Seven &amp; I paid for the Speedway acquisition.</li>
</ul>



Seven &amp; I Holdings (3382 JP) announced last week that it had agreed to buy the 7-Eleven convenience store chain in Australia for A$1.71bn ($1.1bn).
The acquisition may not immediately impact Seven &amp; I's stock price like Speedway did, given its smaller scale, lack of synergies, and less favorable macroeconomic conditions.
The main positive takeaway from this news is that the acquisition price for 7-Eleven Australia is not as extravagant as the amount Seven &amp; I paid for the Speedway acquisition.


Seven & I Ventures Down Under with 7-Eleven Australia Acquisition