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

StubWorld: Barito Renewables (BREN IJ) - This Too Shall Pop

Quiddity Advisors

Event-Driven

<ul>
<li>As part of a new transparency drive - predicated on MSCI concerns - Indonesia's IDX flagged nine companies with a high shareholder concentration. All with lofty outperformances to match.</li>
<li>The list included Indo's third largest market cap company, coal producer <a href="https://www.smartkarma.com/entities/dian-swastatika-sentosa-tbk" target="_blank" data-smartkarma-citation="entities:15281:1" rel="noopener">Dian Swastatika Sentosa (DSSA IJ)</a>, with an eye-watering trailing PER of 136x. DSSA is backed by the Widjaja family.</li>
<li>
<a href="https://www.smartkarma.com/entities/pt-barito-renewables-energy-tbk" target="_blank" data-smartkarma-citation="entities:40150:1" rel="noopener">Barito Renewables Energy (BREN IJ)</a>, Indo's second-largest company, also made the cut. I've previously flagged this bubble stock in <a href="https://skr.ma/P9wjq" target="_blank" rel="noopener">StubWorld: Barito Renewables (BREN IJ) - This Too Shall Pop.</a>
</li>
</ul>


As part of a new transparency drive - predicated on MSCI concerns - Indonesia's IDX flagged nine companies with a high shareholder concentration. All with lofty outperformances to match.
The list included Indo's third largest market cap company, coal producer Dian Swastatika Sentosa (DSSA IJ), with an eye-watering trailing PER of 136x. DSSA is backed by the Widjaja family.

Barito Renewables Energy (BREN IJ), Indo's second-largest company, also made the cut. I've previously flagged this bubble stock in StubWorld: Barito Renewables (BREN IJ) - This Too Shall Pop.



IDX's Bubble Stocks: Enhanced Reporting Regs Partly Address Investability Concerns

Barito Pacific

IDX's Bubble Stocks: Enhanced Reporting Regs Partly Address Investability Concerns