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 Eyewear Cancels Offering and TSE Prime Application on Internal Controls Problem - OFF

TOPIX Inclusions: Who Is Ready (Mar 2025)

Baudroie (4413 JP) - Fast Growth, Prime Promotion, and TOPIX Inclusion

TOPIX Inclusions: Who Is Ready (Jan 2025)

TOPIX Inclusions: Who Is Ready (Feb 2025)

TOPIX Index Upweights: An Early Preview Of "The Big April Basket" 2025

Quiddity Leaderboard ASX Mar 25: LONGs up ~10% Vs SHORTs in a Month; More to Come

Quiddity Advisors

Equity Capital Markets

Japan Eyewear Holdings   / Equity Capital Markets

<ul>
<li>
<a href="https://www.smartkarma.com/profiles/janaghan-jeyakumar-cfa" target="_blank" data-smartkarma-citation="accounts:3173" rel="noopener">Janaghan Jeyakumar, CFA</a> has had <a href="https://www.smartkarma.com/entities/japan-eyewear-holdings-co-ltd" target="_blank" data-smartkarma-citation="entities:40217:1" rel="noopener">Japan Eyewear Holdings (5889 JP)</a> on his watchlist. He wrote on 6 Feb 2025 in his<a href="https://www.smartkarma.com/insights/topix-inclusions-who-is-ready-feb-2025" target="_blank" rel="noopener"> TOPIX Who Is Ready</a> piece he expected Q1 inclusion.</li>
<li>He also noted that an equity offering might be required. Monday, we got a forecast revision (upward) for the year ended 31 January, an equity offering, and TOPIX inclusion.</li>
<li>The equity offering proposed is large enough one could consider it a "Second IPO". This matters in terms of absorption and in thinking about the TOPIX Inclusion event.</li>
</ul>



Janaghan Jeyakumar, CFA has had Japan Eyewear Holdings (5889 JP) on his watchlist. He wrote on 6 Feb 2025 in his TOPIX Who Is Ready piece he expected Q1 inclusion.
He also noted that an equity offering might be required. Monday, we got a forecast revision (upward) for the year ended 31 January, an equity offering, and TOPIX inclusion.
The equity offering proposed is large enough one could consider it a "Second IPO". This matters in terms of absorption and in thinking about the TOPIX Inclusion event.


Japan Eyewear (5889) - "Second IPO" Equity Offering Creates TOPIX Inclusion