Pan-Asia Catalysts/Events, Quiddity Advisors

David Blennerhassett

HK Type 4 license through Ballingal Investment Advisors Ltd. 

I'm a highly experienced sell-side analyst with in excess of 26 years of covering Asia Pacific equities, the past 20 years immersed in event strategies encompassing M&A risk arbitrage, directional long/short, stub trades and restructuring.  

My background also includes accountancy (liquidation/bankruptcy/receivership) earlier in my career and as a chief financial officer of a global commodity company based in the US and Mexico.

Pan-Asia Catalysts/Events

ENN Energy (2688 HK) Tactical Outlook: Downside Exhaustion Zone Reached, Position for LONG Reversion

Revisiting ENN Energy (2688 HK)'s Scheme & Parent's H-Share Listing

ENN Energy (2688 HK): ENN Natural Gas' Application Proof Is Out. Interesting For What Is Not Present

Quiddity Advisors

Event-Driven

<ul>
<li>We've now cleared the one-year mark since <a href="https://www.smartkarma.com/entities/enn-energy-holdings-ltd" target="_blank" data-smartkarma-citation="entities:316:1" rel="noopener">ENN Energy (2688 HK)</a> first announced a cash/scrip Offer from controlling shareholder <a href="https://www.smartkarma.com/entities/enn-natural-gas-co-ltd" target="_blank" data-smartkarma-citation="entities:16456:1" rel="noopener">ENN Natural Gas (600803 CH)</a> (ENN NG).</li>
<li>Apart from the ambiguity surrounding the value to be assigned to the scrip into newly-listed ENN-NG H-shares; CSRC, the listing watchdog, has yet to sign off. This should be forthcoming.</li>
<li>By my calcs, I see at least 30% upside to ENN Energy's shares here. The market is implying an unreasonable 67% discount for ENN NG's Hs vs. the As. </li>
</ul>


We've now cleared the one-year mark since ENN Energy (2688 HK) first announced a cash/scrip Offer from controlling shareholder ENN Natural Gas (600803 CH) (ENN NG).
Apart from the ambiguity surrounding the value to be assigned to the scrip into newly-listed ENN-NG H-shares; CSRC, the listing watchdog, has yet to sign off. This should be forthcoming.
By my calcs, I see at least 30% upside to ENN Energy's shares here. The market is implying an unreasonable 67% discount for ENN NG's Hs vs. the As. 


ENN Energy

ENN Energy (2688 HK) Is A Buy