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

Good Morning Japan | Crypto Thursday - Crash Continues

Nexon - Founder Kim Jung-Ju Passes, Raises Question if Nexon Deal Is Back In Play

Nexon Q2 In-Line, New Buyback Plan Too Small To Matter Near-Term

Nexon Buyback May Signal End To Near-Term Relative Outperformance

Quiddity Advisors

Event-Driven

<ul>
<li>
<a href="https://www.smartkarma.com/entities/nexon-co-ltd" target="_blank" data-smartkarma-citation="entities:16032:1" rel="noopener">Nexon (3659 JP)</a> reported Q3 earnings and full-year forecasts today. Revenue came in at the bottom end of August guidance, despite the higher-than-forecast USD/yen rate. </li>
<li>The forecast for full-year is below consensus. This may be seen as disappointing. The stock may fall on this. </li>
<li>But a buyback announcement and relative valuation suggests time to cover the short. </li>
</ul>



Nexon (3659 JP) reported Q3 earnings and full-year forecasts today. Revenue came in at the bottom end of August guidance, despite the higher-than-forecast USD/yen rate. 
The forecast for full-year is below consensus. This may be seen as disappointing. The stock may fall on this. 
But a buyback announcement and relative valuation suggests time to cover the short. 


Nexon Q3 In-Line-Ish, Underperformance Achievement Unlocked, Buyback Language Odd