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

[Japan Activism] Sun Corp (6736) Gets ANOTHER Public Activist - ValueAct Reports 7.9%

[Japan Activism] Sun Corp (6736 JP) - Not So Cheap Anymore

Sun Corp (6736) - CLBT Has Round-Tripped, But Now Better ParentCo and a Buyback so Set-Up Is Better

Quiddity Advisors

Event-Driven

<ul>
<li>In April I wrote about <a href="https://www.smartkarma.com/entities/sun-corp" target="_blank" data-smartkarma-citation="entities:10803:1" rel="noopener">Sun Corp (6736 JP)</a>. Activists had bought more and the stock was trading at the value of its CLBT holdings. Then it widened sharply. </li>
<li>The discount widened out to 30% in June and July, but jumped when CLBT shares tanked four weeks ago on reduced guidance and a possibly sudden CEO change. </li>
<li>Then CLBT bounced and fell while Sun Corp continues to rally. That puts Sun Corp at 10+% through its CLBT holdings value. <em>But there are possibly other things afoot.</em>
</li>
</ul>


In April I wrote about Sun Corp (6736 JP). Activists had bought more and the stock was trading at the value of its CLBT holdings. Then it widened sharply. 
The discount widened out to 30% in June and July, but jumped when CLBT shares tanked four weeks ago on reduced guidance and a possibly sudden CEO change. 
Then CLBT bounced and fell while Sun Corp continues to rally. That puts Sun Corp at 10+% through its CLBT holdings value. But there are possibly other things afoot.



[Japan Activism] Sun Corp (6736 JP) - Bulled Up to New Highs Vs CLBT