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

Golfzon Holdings (121440 KS): Egregious MBO Closes. This Is Not Over

Golfzon Holdings: One & Partners Pivots To "Plan B" (No Delisting For Now)

Golfzon Holdings (121440 KS): More Egregiousness As SJ Investment Reloads

Golfzon Holdings: Results of the Tender Offer - What's Next?

Quiddity Advisors

Event-Driven

<ul>
<li>At the close of its reloaded ₩6,700/Share Tender Offer for <strong><a href="https://www.smartkarma.com/entities/golfzon-holdings-co-ltd" target="_blank" data-smartkarma-citation="entities:16376:1" rel="noopener">Golfzon Holdings (121440 KS)</a></strong>, SJ Investment received zero shares. With no margin seller at ₩6,700, it seemed illogical to reload.  </li>
<li>And for now, they won't, opting not to proceed with a follow-on delisting transaction.</li>
<li>₩6,700/Share was low-balled. It's probably worth (at least) double this. If you have the bandwidth to wait this out, stay in. Or buy and hold. Load up on weakness.</li>
</ul>


At the close of its reloaded ₩6,700/Share Tender Offer for Golfzon Holdings (121440 KS), SJ Investment received zero shares. With no margin seller at ₩6,700, it seemed illogical to reload.  
And for now, they won't, opting not to proceed with a follow-on delisting transaction.
₩6,700/Share was low-balled. It's probably worth (at least) double this. If you have the bandwidth to wait this out, stay in. Or buy and hold. Load up on weakness.


Golfzon Holdings (121440 KS): This Is A Buy And Hold