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

Bank of Kyoto (8369 JP) Raises Payout Ratio - But It's a Complicated Risk Model

Hokuhoku Financial (8377 JP) - Buyback Dynamics For March... 👀

Bank of Kyoto (8369) - A Complicated Risk Model Clarified

Quiddity Advisors

Event-Driven

<ul>
<li>
<a href="https://www.smartkarma.com/entities/hokuhoku-financial-group-inc" target="_blank" data-smartkarma-citation="entities:19006:1" rel="noopener">Hokuhoku Financial Group (8377 JP)</a> is one of Japan's cheapest regional banks. It has adequate capital but large cross-holdings, and a mid-tier NIM.</li>
<li>Comparing the bank vs its large regional and small regional and liquidity-bucket peers, the stock presents itself as inexpensive on every metric.</li>
<li>The bank just announced an on-market buyback which is worth looking at.</li>
</ul>



Hokuhoku Financial Group (8377 JP) is one of Japan's cheapest regional banks. It has adequate capital but large cross-holdings, and a mid-tier NIM.
Comparing the bank vs its large regional and small regional and liquidity-bucket peers, the stock presents itself as inexpensive on every metric.
The bank just announced an on-market buyback which is worth looking at.


Hokuhoku Financial (8377 JP) Buyback Worth Looking At