Equity Analyst, Event-driven, Quiddity Advisors

Janaghan Jeyakumar, CFA

Equity Analyst with experience in fundamental and event-driven research in Frontier and Emerging markets. 

On Smartkarma, I mainly publish insights on special situations such as mergers & acquisitions, index rebalance events, equity offerings, buybacks, and other corporate restructuring events mainly in the Asia-Pacific and European equity markets.

Equity Analyst, Event-driven

Money Forward Placement - Onward with More Cash

Quiddity Advisors

Pan-Asia Catalysts/Events

Event-Driven

<p>Cloud-based business accounting software company <a href="https://www.smartkarma.com/entities/money-forward-inc" target="_blank" data-smartkarma-citation="entities:25919:1" rel="noopener">Money Forward (3994 JP)</a>  <a href="https://s3-ap-northeast-1.amazonaws.com/mf-wp/wp-content/uploads/20210607153424/Notice-Regarding-Approval-of-Stock-Market-Listing-Transfer-to-the-First-Section-of-the-Tokyo-Stock-Exchange.pdf" target="_blank" rel="noopener">announced</a> on 7th June 2021 that they had received approval to move from the Mothers Section to the First Section of the Tokyo Stock Exchange which triggers inclusion into the TOPIX Index. Previously, this situation was covered in <a href="https://www.smartkarma.com/insights/topix-inclusion-money-forward-3994-jp" target="_blank" data-smartkarma-citation="insights:52690" rel="noopener">TOPIX Inclusion: Money Forward (3994 JP)</a>. </p><p>On 15th July 2021, <a href="https://www.smartkarma.com/entities/money-forward-inc" target="_blank" data-smartkarma-citation="entities:25919:1" rel="noopener">Money Forward (3994 JP)</a> announced earnings for the quarter ending May 2021. Below is a closer look at how the stock has traded since the TSE1 promotion was announced and the upside potential for the remainder of the event timeline. </p>

Cloud-based business accounting software company Money Forward (3994 JP)  announced on 7th June 2021 that they had received approval to move from the Mothers Section to the First Section of the Tokyo Stock Exchange which triggers inclusion into the TOPIX Index. Previously, this situation was covered in TOPIX Inclusion: Money Forward (3994 JP). On 15th July 2021, Money Forward (3994 JP) announced earnings for the quarter ending May 2021. Below is a closer look at how the stock has traded since the TSE1 promotion was announced and the upside potential for the remainder of the event timeline. 

TOPIX Inclusion: Money Forward (3994) Could Outperform Freee (4478) Until End of Month