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Division 04

Equity Research

Sector coverage, earnings previews, price targets — member-covered companies evaluated like sell-side analysts with a real view, DCF models, and active stock recommendations.

Three Lenses of Coverage

Equity — Lens 01

Initiation of Coverage

A full buy/sell/hold report on a publicly listed company with a price target, investment thesis, DCF valuation, and comparable analysis. The flagship equity output.

What It Covers

  • Investment thesis and key catalysts
  • DCF and sensitivity analysis
  • Trading and transaction comps
  • Price target and risk factors

Equity — Lens 02

Earnings Preview & Review

Published ahead of and following major company earnings. Members assess expectations vs. results, model revisions, and guidance implications.

What It Covers

  • Consensus estimates vs. actuals
  • Revenue and margin analysis by segment
  • Guidance vs. market expectations
  • Post-earnings share price reaction

Equity — Lens 03

Sector Deep Dive

A 15–20 page initiation report covering an entire sector — Southeast Asian Fintech, European Energy Transition, or US Healthcare IT. The most prestige-tier equity output.

What It Covers

  • Sector structure, competitive dynamics, and growth drivers
  • Coverage universe — company-by-company breakdown
  • Relative valuation across the sector
  • Macro and regulatory tailwinds and headwinds