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 Advisors

Event-Driven

<ul>
<li>
<a href="https://www.smartkarma.com/entities/kioxia-holdings-corp" target="_blank" data-smartkarma-citation="entities:29243:1" rel="noopener">Kioxia Holdings (285A JP)</a> sits at the intersection of some interesting near- and mid-term flow dynamics. Index flow, pre-IPO selling, and even some buyback flow. </li>
<li>In this insight, we measure what is announced, what is unannounced, what is likely, and what is possible. </li>
<li>And we also look at cashflows. Kioxia trades at an EV which will earn itself out in EBIT form by June 2028. Net Profit by Mar-2030.</li>
</ul>



Kioxia Holdings (285A JP) sits at the intersection of some interesting near- and mid-term flow dynamics. Index flow, pre-IPO selling, and even some buyback flow. 
In this insight, we measure what is announced, what is unannounced, what is likely, and what is possible. 
And we also look at cashflows. Kioxia trades at an EV which will earn itself out in EBIT form by June 2028. Net Profit by Mar-2030.


Kioxia (285A JP) - Interesting Demand/Supply Dynamics Near-Term and Over Time