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

ThaiBev BeerCo ESG Analysis: Among the World's More Sustainable Brewers Despite Social-Pillar Issues

ThaiBev’s Strong 1QFY21 Results Could Shift Opinions About The BeerCo Spin-Off

ThaiBev: Unwinding of Holdco Discount Is Possible as ThaiBev Prepares to IPO the Beer Business

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

<p>It was reported today that ThaiBev has received a no-objection letter from SGX for the listing of nearly 20% of the total number of issued ordinary shares of the Beer business. As ThaiBev pushes ahead with the Beer business IPO, we run through the company’s fundamentals below. The size of the proposed IPO of ThaiBev’s Beer segment is expected to be around $2.0bn, which values ThaiBev’s Beer business at $10.0bn.</p>

It was reported today that ThaiBev has received a no-objection letter from SGX for the listing of nearly 20% of the total number of issued ordinary shares of the Beer business. As ThaiBev pushes ahead with the Beer business IPO, we run through the company’s fundamentals below. The size of the proposed IPO of ThaiBev’s Beer segment is expected to be around $2.0bn, which values ThaiBev’s Beer business at $10.0bn.

ThaiBev: A Quick Run Through Fundamentals as ThaiBev Pushes Ahead with the Beer Business IPO

Thai Beverage

ThaiBev: A Quick Run Through Fundamentals as ThaiBev Pushes Ahead with the Beer Business IPO