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

Curator's Cut: Indonesia Stabilizing, Compute Capital & Shipping Surges

Daihatsu Diesel (6023) Buyback Tender Results Signal Overhang and Opportunity

Daihatsu Diesel's (6023) Big Buyback and Quasi Change of Control

The USTR's New "Proposed Actions" For Section 301 Investigation on China's Maritime/Shipping Sectors

Yangzijiang Shipbuilding (YZJSGD SP) Rolls Over As The US Seeks To Curb China's Shipping Dominance

Quiddity Advisors

Event-Driven

<ul>
<li>Not long ago, Reuters came out with a headline saying Elliott had taken a "significant stake" in <a href="https://www.smartkarma.com/entities/mitsui-o-s-k-lines-ltd" target="_blank" data-smartkarma-citation="entities:20717:1" rel="noopener">Mitsui O.S.K. Lines (9104 JP)</a> ("MOL"). Minutes later, Elliott issued a <a href="https://www.prnewswire.com/news-releases/elliott-management-statement-on-mitsui-osk-lines-ltd-302716722.html" target="_blank" rel="noopener">press release</a>. </li>
<li>Shares had been trading at 0.77x book (0.85x TBV) after rising significantly these past few months. They popped 10+% in short order. </li>
<li>Elliott sees Mitsui OSK as undervalued, wants to "work constructively" with MOL to ensure its "upcoming MTMP" is "appropriately ambitious." They are pushing with a tailwind.</li>
</ul>


Not long ago, Reuters came out with a headline saying Elliott had taken a "significant stake" in Mitsui O.S.K. Lines (9104 JP) ("MOL"). Minutes later, Elliott issued a press release. 
Shares had been trading at 0.77x book (0.85x TBV) after rising significantly these past few months. They popped 10+% in short order. 
Elliott sees Mitsui OSK as undervalued, wants to "work constructively" with MOL to ensure its "upcoming MTMP" is "appropriately ambitious." They are pushing with a tailwind.


[Japan Activism] Elliott Buys Stake In Mitsui OSK (9104) Targets Capital With a Following Wind