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 - JCNC Overstretched, Cimory Raises Funds, and AKRA's Growth

StubWorld: Astra Trading Cheap. So Is United Tractor

Astra International (ASII IJ) - Driving into Indonesia's Growth Areas

Astra International (ASII IJ) - Autos and Commodities Driving Growth

Quiddity Advisors

Event-Driven

<ul>
<li>
<strong><a href="https://www.smartkarma.com/entities/jardine-cycle-carriage-ltd" target="_blank" data-smartkarma-citation="entities:347:1" rel="noopener">Jardine Cycle &amp; Carriage (JCNC SP)</a></strong>'s is currently trading tight at a ~6% discount to NAV.</li>
<li>The implied stub and JCNC/<strong><a href="https://www.smartkarma.com/entities/astra-international-tbk-pt" target="_blank" data-smartkarma-citation="entities:46:1" rel="noopener">Astra International (ASII IJ)</a></strong> ratio are the highest outside the 2008 financial crisis.</li>
<li>Key catalysts for JCNC's outperformance, such as the SIMSCI Index inclusion, have passed.  JCNC is trading rich. Look to reverse the stub.</li>
</ul>



Jardine Cycle &amp; Carriage (JCNC SP)'s is currently trading tight at a ~6% discount to NAV.
The implied stub and JCNC/Astra International (ASII IJ) ratio are the highest outside the 2008 financial crisis.
Key catalysts for JCNC's outperformance, such as the SIMSCI Index inclusion, have passed.  JCNC is trading rich. Look to reverse the stub.


JCNC Is Even More Overstretched Vs. Astra