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

Samsonite (1910 HK): Dual-Listing Musings

Quiddity Advisors

Equity Bottom-Up

<ul>
<li>
<strong><a href="https://www.smartkarma.com/entities/samsonite-international-sa" target="_blank" data-smartkarma-citation="entities:12790:1" rel="noopener">Samsonite (1910 HK)</a></strong>, the world's leading travel luggage manufacturer/retailer, is trading well below its historical metrics. </li>
<li>The share price is up ~30% from its recent low, but down ~22% YTD following a ~31% fall over a 10-day period in early-April, shortly after Trump's "Liberation Day" speech. </li>
<li>Management initiated a US$200mn buyback program last August. Overhangs include tariff and weak retail market in Asia and North America. Plus short selling has touched an all-time high.</li>
</ul>



Samsonite (1910 HK), the world's leading travel luggage manufacturer/retailer, is trading well below its historical metrics. 
The share price is up ~30% from its recent low, but down ~22% YTD following a ~31% fall over a 10-day period in early-April, shortly after Trump's "Liberation Day" speech. 
Management initiated a US$200mn buyback program last August. Overhangs include tariff and weak retail market in Asia and North America. Plus short selling has touched an all-time high.


Samsonite (1910 HK): Trading Cheap, Yet Tariffs Loom. And Shorts At All-Time High