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

[Quiddity Index] Nikkei 225 Sep26 Rebal - Advantest Capped, Three In/Out Likely, New Rules for Later

ARCHION (543A) - Q1 Results Positive, Seasonality VERY Positive

[Quiddity Index] Nikkei 225 Sep26 Rebal - New Rules NOW (Not Later) But 3 ADDs Remain Unchanged

[Japan Offering] ARCHION (543A) Incoming - Big Re-IPO Now Smaller, Better

[Quiddity Index] Nikkei 225 Sep26 Rebal - Difficult Deletes and Mathing the Math on Three Caps

[Japan Offering] ARCHION (543A JP) Offering Announced - The RE-IPO Is On

Quiddity Advisors

Equity Capital Markets

<ul>
<li>The mega-offering-slash-re-IPO of <a href="https://www.smartkarma.com/entities/archion-corporation" target="_blank" data-smartkarma-citation="entities:47577:1" rel="noopener">Archion (543A JP)</a> likely prices today. This is 900mm new shares for ~US$1.6bn of which 40% (US$630mm) goes to internationals, 60% to domestics.</li>
<li>There's a bunch of index buying to do between now and end-October. More than I originally thought due to one recent data point.</li>
<li>The stock has NOT gotten crushed in the last two weeks despite indications the sellers wouldn't mind. That tells me this is priced except for print risk. </li>
</ul>


The mega-offering-slash-re-IPO of Archion (543A JP) likely prices today. This is 900mm new shares for ~US$1.6bn of which 40% (US$630mm) goes to internationals, 60% to domestics.
There's a bunch of index buying to do between now and end-October. More than I originally thought due to one recent data point.
The stock has NOT gotten crushed in the last two weeks despite indications the sellers wouldn't mind. That tells me this is priced except for print risk. 


[Japan Offering] ARCHION (543A) Prices Today (?) - Big Picture Growth Priced Cheaply