Nippon Paint Holdings

Nippon Paint (4612) - A BIG Secondary Which Is a Tough Sell, with Variable Index Implications

Event-Driven
441 Views, 09 Jan 2022 19:31
EXECUTIVE SUMMARY
  • When Wuthelam took control of Asia's largest coatings business, Nippon Paint Holdings (4612 JP), in August 2020, I was bearish. It was great for the Goh family but minorities lost.
  • At the time, I said "Float is low", and "There are cross-holders who don't need to be there. This would be a very good sell for them. "
  • 17 months later, 6 financial institutions will now sell their cross-holdings. There is float impact and some immediate index impact. 
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Travis Lundy
Pan-Asia Catalysts/Events
Quiddity Advisors
Japan & Hong KongEquitiesEvent-DrivenQuantitative Analysis

HK Type 4 license through Ballingal Investment Advisors Ltd. ("BIA" or "BIAL") BACKGROUND I have 20+yrs experience in A... 

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