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

Dai Nippon Printing (7912) - Whoop There It Is! ¥100bn Buyback in a Year, ¥300bn in 3yrs

Good Morning Japan |EQUITY SELL OFF Ahead of NFP-Banks Bear Brunt; NUGGET: Nissan - Its Worse !

Dai Nippon Printing – Gauging The Upside

Quiddity Advisors

Event-Driven

<ul>
<li>A little over two weeks ago, western media outlets <strong><a href="https://www.ft.com/content/ac43e9dd-1e83-47c7-9401-112964465545" target="_blank" rel="noopener">reported</a></strong> "sources familiar with the matter" said Elliott Management had built a "significant" stake in <a href="https://www.smartkarma.com/entities/dai-nippon-printing-co-ltd" target="_blank" data-smartkarma-citation="entities:19388:1" rel="noopener">Dai Nippon Printing (7912 JP)</a>. </li>
<li>DNP has been a "value name" for years. And years. Lots of cash, lots of real estate, and lots of cross-holdings. DNP had a plan to sell crossholdings, slowly.</li>
<li>DNP <em>had</em> planned a March 9 presentation of its new MTMP. Elliott, reportedly with a little less than 5%, wanted faster. A few weeks later, DNP has responded with faster. </li>
</ul>


A little over two weeks ago, western media outlets reported "sources familiar with the matter" said Elliott Management had built a "significant" stake in Dai Nippon Printing (7912 JP). 
DNP has been a "value name" for years. And years. Lots of cash, lots of real estate, and lots of cross-holdings. DNP had a plan to sell crossholdings, slowly.
DNP had planned a March 9 presentation of its new MTMP. Elliott, reportedly with a little less than 5%, wanted faster. A few weeks later, DNP has responded with faster. 


Dai Nippon Printing (7912) - Activism Results Going Forward Are Complicated