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

[More Japan Navel-Gazing] Thinking About The Value of Toshiba with Kioxia at ¥96k

[Japan Navel-Gazing] Thinking About The Value of Toshiba

[Japan M&A] - Denso Withdraws Rohm (6963) Takeover Proposal - Now It's Just Value

Quiddity Advisors

Event-Driven

<ul>
<li>
<a href="https://www.smartkarma.com/entities/tre-holdings-corporation" target="_blank" data-smartkarma-citation="entities:43886:1" rel="noopener">TRE Holdings (9247 JP)</a> was formed 5yrs ago by the merger between two waste management/recycling companies - <a href="https://www.smartkarma.com/entities/takeei-corp" target="_blank" data-smartkarma-citation="entities:7936:1" rel="noopener">Takeei Corp (2151 JP)</a> and <a href="https://www.smartkarma.com/entities/rever-holdings-corp" target="_blank" data-smartkarma-citation="entities:32218:1" rel="noopener">Rever Holdings Corp (5690 JP)</a>. </li>
<li>They had a couple of boom years in March 2025-2026 cleaning up after the Noto Peninsula Earthquake. That falls off this year. But there is growth ahead. </li>
<li>The company's aggressive investment plan plans for significant capex and revenue growth. It is entirely funded by OPCF, new debt, and cash. NOT by the hidden asset worth 1x marketcap.</li>
</ul>



TRE Holdings (9247 JP) was formed 5yrs ago by the merger between two waste management/recycling companies - Takeei Corp (2151 JP) and Rever Holdings Corp (5690 JP). 
They had a couple of boom years in March 2025-2026 cleaning up after the Noto Peninsula Earthquake. That falls off this year. But there is growth ahead. 
The company's aggressive investment plan plans for significant capex and revenue growth. It is entirely funded by OPCF, new debt, and cash. NOT by the hidden asset worth 1x marketcap.


[Japan Value] TRE Holdings (9247) Clear MTMP With Growth, and Hidden Asset Worth 1x MarketCap