Pan-Asia Catalysts/Events, Quiddity Advisors

David Blennerhassett

HK Type 4 license through Ballingal Investment Advisors Ltd. 

I'm a highly experienced sell-side analyst with in excess of 22 years of covering Asia Pacific equities, the past 19 years immersed in event strategies encompassing M&A risk arbitrage, directional long/short, stub trades and restructuring.  

My background also includes accountancy (liquidation/bankruptcy/receivership) earlier in my career and as a chief financial officer of a global commodity company based in the US and Mexico.

Pan-Asia Catalysts/Events

The Week That Was in ASEAN@Smartkarma - Grab's Results, Jardine Matheson, and SGX.

Jardine Matheson (JM SP): Fast Food Junked

Jardine Matheson's (JM SP) Turn To Buy Back Shares

Matheson Doubles Buybacks As Strategic Dissentient Shareholders Make Their Case

Quiddity Advisors

Event-Driven

<ul>
<li>
<a href="https://www.smartkarma.com/entities/jardine-matheson-holdings-ltd" target="_blank" data-smartkarma-citation="entities:19718:1" rel="noopener"><strong>Jardine Matheson Holdings (JM SP)</strong></a>'s underlying net profit in FY21 was up 39% against 2020, and just 5% shy of 2019's level.</li>
<li>The latest US$250mn buyback program appears to have been completed.</li>
<li>Shares are down ~5% since the FY21 results. At a ~28% discount to NAV, JMH is inexpensive here. </li>
</ul>



Jardine Matheson Holdings (JM SP)'s underlying net profit in FY21 was up 39% against 2020, and just 5% shy of 2019's level.
The latest US$250mn buyback program appears to have been completed.
Shares are down ~5% since the FY21 results. At a ~28% discount to NAV, JMH is inexpensive here. 


Mandarin Oriental International (MAND SP)

Jardine Matheson (JM SP): Reloading The Buyback?