Index Rebal Trades & Special Situations, Quiddity Advisors

Janaghan Jeyakumar, CFA

Index Rebal Trades & Special Situations

Quiddity Advisors

Pan-Asia Catalysts/Events

Event-Driven

<ul>
<li>Quiddity's "Who is Ready" series of insights aims to objectively identify names listed on the Tokyo Stock Exchange that are potential additions to the TOPIX Index in future.</li>
<li>This insight is a follow-up to <a href="https://www.smartkarma.com/insights/topix-inclusions-who-is-ready-oct-2022" target="_blank" data-smartkarma-citation="insights:81556" rel="noopener">TOPIX Inclusions: Who Is Ready (Oct 2022)</a> </li>
<li>At present, there are 60 names that satisfy all of these conditions and there are more names that are close to being in that group.</li>
</ul>


Quiddity's "Who is Ready" series of insights aims to objectively identify names listed on the Tokyo Stock Exchange that are potential additions to the TOPIX Index in future.
This insight is a follow-up to TOPIX Inclusions: Who Is Ready (Oct 2022) 
At present, there are 60 names that satisfy all of these conditions and there are more names that are close to being in that group.


TOPIX Inclusions: Who Is Ready (Dec 2022)

Japan Specialist

Mark Chadwick

Thematic (Sector/Industry)

<ul>
<li>
Good Morning Japan:  We strive to provide the best macro, stock and thematic overnight news that impacts your trading day in Japan. FOLLOW US TO KEEP ABREAST. 
</li>
<li>
OVERSEAS: To Dog Powell confirms 50bps at the next Fed meeting;  Equities rip as it as a "no stock left behind day"; China COVID sentiment continues to improve.  </li>
<li>
JAPAN: NKY to add 1-2% today; Yen at 130/USD; Eisai says the 2 deaths not due to their drug-positive; Shippers continue to diversify-MOL goes into Real Estate. 
</li>
</ul>



Good Morning Japan:  We strive to provide the best macro, stock and thematic overnight news that impacts your trading day in Japan. FOLLOW US TO KEEP ABREAST.  


OVERSEAS: To Dog Powell confirms 50bps at the next Fed meeting;  Equities rip as it as a "no stock left behind day"; China COVID sentiment continues to improve.  

JAPAN: NKY to add 1-2% today; Yen at 130/USD; Eisai says the 2 deaths not due to their drug-positive; Shippers continue to diversify-MOL goes into Real Estate.  



Good Morning Japan | Powell: "Pace of Hikes to Moderate in Dec; Landing Plausible"; Equities Rip

Pan-Asia Catalysts/Events, Quiddity Advisors

Travis Lundy

<ul>
<li>On 17 Feb 2022, <a href="https://www.smartkarma.com/profiles/janaghan-jeyakumar-cfa" target="_blank" data-smartkarma-citation="accounts:3173" rel="noopener">Janaghan Jeyakumar, CFA</a> wrote about <a href="https://www.smartkarma.com/entities/appier-group-inc" target="_blank" data-smartkarma-citation="entities:32165:1" rel="noopener">Appier Group (4180 JP)</a> suggesting it was a TOPIX inclusion candidate in the not-distant future.</li>
<li>In mid-August 2022, he reiterated his opinion. Three days later, the company said they had applied for TSE Prime membership. We are coming up on the timing for an announcement.</li>
<li>It would mean buying, but the shareholder structure is interesting, and intentions are not easy to read. But if they announce imminently, the calendar makes the event even more interesting.</li>
</ul>


On 17 Feb 2022, Janaghan Jeyakumar, CFA wrote about Appier Group (4180 JP) suggesting it was a TOPIX inclusion candidate in the not-distant future.
In mid-August 2022, he reiterated his opinion. Three days later, the company said they had applied for TSE Prime membership. We are coming up on the timing for an announcement.
It would mean buying, but the shareholder structure is interesting, and intentions are not easy to read. But if they announce imminently, the calendar makes the event even more interesting.


Appier (4180) Nearing A TSE Prime (And TOPIX) Announcement?

Equity Bottom-Up

<ul>
<li>Appier has been by far the best performing small-cap growth stock in Japan this year</li>
<li>The company is gaining market share overseas, massively augmenting the Total Addressable Market</li>
<li>It's high growth, rising margins, and growing TAM makes this a top stock for SaaS investors</li>
</ul>


Appier has been by far the best performing small-cap growth stock in Japan this year
The company is gaining market share overseas, massively augmenting the Total Addressable Market
It's high growth, rising margins, and growing TAM makes this a top stock for SaaS investors


Appier (4180) | Why Has the Stock Outperformed?

<ul>
<li>Quiddity's "Who is Ready" series of insights aims to objectively identify names listed on the Tokyo Stock Exchange that are potential additions to the TOPIX Index in future.</li>
<li>This insight is a follow-up to <a href="https://www.smartkarma.com/insights/topix-inclusions-who-is-ready-aug-2022" target="_blank" data-smartkarma-citation="insights:74615" rel="noopener">TOPIX Inclusions: Who Is Ready (Aug 2022)</a> </li>
<li>At present, there are 53 names that satisfy all of these conditions and there are more names that are close to being in that group.</li>
</ul>


Quiddity's "Who is Ready" series of insights aims to objectively identify names listed on the Tokyo Stock Exchange that are potential additions to the TOPIX Index in future.
This insight is a follow-up to TOPIX Inclusions: Who Is Ready (Aug 2022) 
At present, there are 53 names that satisfy all of these conditions and there are more names that are close to being in that group.


TOPIX Inclusions: Who Is Ready (Oct 2022)

Japan

Appier Group, Inc. provides artificial intelligence software as a service (AISaaS) services based on data-driven decisions. The Company offers data analysis for potential users predicting and acquiring, relationships building and maintaining, purchasing and action motivation, audience intelligence, and more. Appier Group serves clients across Asian.

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Appier Group (4180 JP)

TOPIX Inclusions: Who Is Ready (Dec 2022)

There are currently four names identified with high likelihood of TOPIX Inclusion within the next few months: Medley, Appier, Chubu Steel, and...

Janaghan Jeyakumar, CFA

Good Morning Japan | Powell: "Pace of Hikes to Moderate in Dec; Landing Plausible"; Equities Rip

Good Morning Japan: We strive to provide the best macro, stock and thematic overnight news that impacts your trading day in Japan. FOLLOW US TO...

Mark Chadwick

Appier (4180) Nearing A TSE Prime (And TOPIX) Announcement?

Appier (4180) announced in late August it had applied for TSE Prime. It has continuously maintained the standard for listing since. I expect an...

Travis Lundy

Appier (4180) | Why Has the Stock Outperformed?

Appier’s digital platform for customer acquisition and engagement relies on AI and first party data to deliver positive ROI for customers, and it's...

Mark Chadwick

TOPIX Inclusions: Who Is Ready (Oct 2022)

Appier Group, ArtSpark Holdings, and Chubu Steel Plate are interesting TOPIX Inclusion Pre-event names that are worth tracking over the next few...

Janaghan Jeyakumar, CFA

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