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

KLINE (9107) CEO Comes Out Swinging - More LPG Carriers and More Shareholder Returns THIS YEAR

KLINE (9107) - Chances for an Additional Buyback At Q3 Earnings?

Nippon Yusen - New MidTermPlan = New Shareholder Return Policy

KLine (Kawasaki Kisen 9107) Announced Q2 Earnings and Possibly Game-Able Buyback (And Index Impact)

KLine (Kawasaki Kisen (9107)) - ToSTNeT-3 For All The Marbles

Quiddity Advisors

Event-Driven

<ul>
<li>
<a href="https://www.smartkarma.com/entities/kawasaki-kisen-kaisha-ltd" target="_blank" data-smartkarma-citation="entities:3548:1" rel="noopener">Kawasaki Kisen Kaisha (9107 JP)</a> had a shareholder return program in place in May. Earnings forecasts on 3 Nov were slightly disappointing so the stock sold off but...</li>
<li>The large buyback allowed investors to try to game the situation. Some may have, but this morning on the execution, VERY few Real World Float holders sold. </li>
<li>That leaves the stock squeezy going into a buyback to repurchase 20% of the Max Real World Float (including short-created longs). </li>
</ul>



Kawasaki Kisen Kaisha (9107 JP) had a shareholder return program in place in May. Earnings forecasts on 3 Nov were slightly disappointing so the stock sold off but...
The large buyback allowed investors to try to game the situation. Some may have, but this morning on the execution, VERY few Real World Float holders sold. 
That leaves the stock squeezy going into a buyback to repurchase 20% of the Max Real World Float (including short-created longs). 


KLine (9107) Buyback Redux-Squared - Post-Buyback Could Get Squeezy