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

GMO Internet (4784) - Squeeze-Able So Squeezing, Offering Likely Gets Pulled - AVOID LIKE THE PLAGUE

GMO Internet (4784) - Shares Appear Manipulated/Squeezed (Again), but ParentCo MUST SELL

GMO Internet (4784) - GMO Internet Parent Has Been SELLING In The Market

Quiddity Advisors

Equity Capital Markets

<ul>
<li>On 1-Jan-2025, the new <a href="https://www.smartkarma.com/entities/gmo-internet-inc-919fd60b-ad2a-4c5f-b333-167a849b67b0" target="_blank" data-smartkarma-citation="entities:9029:1" rel="noopener">GMO Internet (4784 JP)</a> (formerly GMO Ad Partners) was reborn. It was basically a RTO (of parent GMO's data centre business) with a new Prime Listing.</li>
<li>Float was tiny. Maybe 2%. Then there was a TOPIX inclusion. The stock was squeezed from ¥1,200 to ¥3,100 (was ¥350 when the plan was announced in mid-2024). </li>
<li>An offering was announced last year at ¥3,100. Nobody wanted it. The stock fell 80%, rebounded a bit. Now we have a new offering. But it's still rich. </li>
</ul>


On 1-Jan-2025, the new GMO Internet (4784 JP) (formerly GMO Ad Partners) was reborn. It was basically a RTO (of parent GMO's data centre business) with a new Prime Listing.
Float was tiny. Maybe 2%. Then there was a TOPIX inclusion. The stock was squeezed from ¥1,200 to ¥3,100 (was ¥350 when the plan was announced in mid-2024). 
An offering was announced last year at ¥3,100. Nobody wanted it. The stock fell 80%, rebounded a bit. Now we have a new offering. But it's still rich. 


[Japan Offering] GMO Internet (4784) - A New Offering at a LOT Lower Price