Primer: GO (581A JP) - May 2026
Dominant Market Leader with Strong Growth Trajectory: GO Inc. is the undisputed leader in Japan's taxi-hailing market, commanding a significant...
139 Views
[Quiddity Index] The TOPIX Change in Oct26 - Part V (Final Prep)
The TSE announcement for wholesale changes in the TOPIX Index is scheduled for Wednesday after the close. I expect 34-35 ADDs, ~700 DELETEs, and...
251 Views
[Quiddity Index] The TOPIX Change in Oct26 - Part III (INs Vs OUTs - Borderlines Are Trading Opps)
The TOPIX Rebal is interesting. One pricing date, on a long flat tail of rankings, to determine whether to buy or sell 5-40x ADV. That kicks up...
287 Views
Dida (2559 HK): Tongcheng (780 HK)’s VGO and Special Dividend
This is a low-risk deal as the offer does not require PRC reg approvals and irrevocables satisfy the min acceptance condition. Despite being below...
184 Views
[Japan Event] DeNA (2432 JP) - Big Buyback Accretion Means Really Cheap (Unlevered) Bundle of Assets
DeNA is an interesting assortment of somewhat mundane businesses with a big pile of cash and securities. A buyback diminished that, but an asset...
213 Views