Pan-Asia Catalysts/Events, Quiddity Advisors

Travis Lundy

HK Type 4 license through Ballingal Investment Advisors Ltd. ("BIA" or "BIAL")

BACKGROUND
I have 20+yrs experience in Asia doing alternative strategies (i.e. non-delta1 non long-only) in fixed income, equity derivatives, and activist/catalyst/event-driven and long-short equity strategies with most of that time spent managing money. 

4 years in fixed income macro, 8 years running internal hedge fund and 4yrs investment banking at Citi in Japan, 3 years running an Asia multi-strat portfolio at a hedge fund, 4+yrs as an independent special situations analyst.

Pan-Asia Catalysts/Events

7&I (3382) - In Limbo, Dipping, But Stories Coming Together

7&I (3382) - Bain Gets York Holdings with a Surprising Price, And We Approach Deal Deadlines

Seven & I Restructures but Discontent Rises Among Franchisees and Customers

7 & I (3382) - York Holdings Sale Process, Timeline, Nuances

7&I (3382 JP) - Ito-San MBO Plan Includes 7-Eleven US IPO... Which LeadsTo A Modest Proposal

7&I (3382 JP) - Share Price Dipping Deeper Means Dipping Toes Deeper

China A-Share Consumer Staples: An Analysis of the Opportunities Ahead

7&I (3382JP) - Spanners in the Works: FTC Blocks Another US Retail Merger and 7-11 Japan Sales Slump

Quiddity Advisors

Event-Driven

<ul>
<li>Recent news on the <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> situation includes better-than-expected possible sale of the SST business, a little headline fear-mongering on national security, and earnings.</li>
<li>Earnings this year will be volatile vs expectations. Timing (and magnitude) of kitchen-sinking matters. But neither ACT nor you should be buying it based on trough earnings expectations.</li>
<li>The call transcript is worth listening to. The math on the takeover maths well. This is a buy on dip. Again. </li>
</ul>


Recent news on the Seven &amp; I Holdings (3382 JP) situation includes better-than-expected possible sale of the SST business, a little headline fear-mongering on national security, and earnings.
Earnings this year will be volatile vs expectations. Timing (and magnitude) of kitchen-sinking matters. But neither ACT nor you should be buying it based on trough earnings expectations.
The call transcript is worth listening to. The math on the takeover maths well. This is a buy on dip. Again. 


7&I (3382 JP) - Dippity Doo Dah - Irrational Fears, Earnings Vol, But Restructuring Proceeding Apace