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

JAFCO Tender Offer Results - Low Pro-Ration Surprise, Murakami Overhang

JAFCO (8595) Cancels Tender Offer - I Offer a Modest Proposal For Good Governance

JAFCO (8595) Succumbs to Even Worse Greenmail - SPECTACULARLY BAD Governance

JAFCO (8595) Sells NRI Shares But VWAP Falling Short - Comes Down To Murakami-San

Quiddity Advisors

Event-Driven

<ul>
<li>The <a href="https://www.smartkarma.com/entities/jafco-co-ltd" target="_blank" data-smartkarma-citation="entities:8848:1" rel="noopener">Jafco Co Ltd (8595 JP)</a> Greenmail Tender Offer to take Murakami-san out of his position is nearing its close. </li>
<li>Investors should make a decision imminently about where they believe the stock should trade in Price/NAV terms after the buyback is complete, once management is "stabilised."</li>
<li>My earlier piece written on the day of the announcement needs a few corrections. Those are below. </li>
</ul>


The Jafco Co Ltd (8595 JP) Greenmail Tender Offer to take Murakami-san out of his position is nearing its close. 
Investors should make a decision imminently about where they believe the stock should trade in Price/NAV terms after the buyback is complete, once management is "stabilised."
My earlier piece written on the day of the announcement needs a few corrections. Those are below. 


JAFCO (8595) Tender Offer Close Imminent - Decent Conviction to Not Be Long