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

Synchrony Financial - Progressively Lower Credit Costs, Still High LLR, Falling NCO Too

JPX Proposes BIG Changes To TOPIX Rules, Affects IPOs More Than Market

Toei Animation (4816 JP) - This Offering Could Be Heavy; the NEXT Offering Is More Interesting

TOPIX Inclusions: Who Is Ready (June 2024)

CSI Esoteric Index Rebals Jun 24: All Share Brokerage, China Internet, Medical, Defense, & Livestock

Quiddity Advisors

Equity Capital Markets

<ul>
<li>In Feb 2024, I wrote <a href="https://www.smartkarma.com/insights/toei-animation-4816-jp-this-offering-could-be-heavy-the-next-offering-is-more-interesting" target="_blank" data-smartkarma-citation="insights:131170" rel="noopener">Toei Animation (4816 JP) - This Offering Could Be Heavy; the NEXT Offering Is More Interesting</a>. </li>
<li>Today, the company announced another offering where <a href="https://www.smartkarma.com/entities/fuji-media-holdings-inc" target="_blank" data-smartkarma-citation="entities:3191:1" rel="noopener">Fuji Media Holdings (4676 JP)</a> is selling 10.575mm shares in an overseas offering priced likely tomorrow. </li>
<li>It is not as interesting as I had expected. But it means the NEXT offering could be more interesting. But there is index buying long-term anyway. </li>
</ul>


In Feb 2024, I wrote Toei Animation (4816 JP) - This Offering Could Be Heavy; the NEXT Offering Is More Interesting. 
Today, the company announced another offering where Fuji Media Holdings (4676 JP) is selling 10.575mm shares in an overseas offering priced likely tomorrow. 
It is not as interesting as I had expected. But it means the NEXT offering could be more interesting. But there is index buying long-term anyway. 


[Japan ECM] Toei Animation (4816) Not as Interesting An Offering As It Could Have Been