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

Toshiba (6502) - There Is Actual News, and There Are Datapoints Which Masquerade as News

Toshiba – How Much Risk Is There On A Deal Break?

Toshiba (6502) - Funding Deadline Risk Was Known 6+ Weeks Ago

Toshiba Bidders Switching Partners May Be Bullish

Toshiba (6502 JP) Getting Closer to Crunch Time So Ongoing News "Leaks" Likely

A Bull Investment Case for TSMC (Summary Version)

Quiddity Advisors

Event-Driven

<ul>
<li>Overnight, a few news outlets are running with the story that <a href="https://www.smartkarma.com/entities/toshiba-corp" target="_blank" data-smartkarma-citation="entities:637:1" rel="noopener">Toshiba Corp (6502 JP)</a> has granted "preferred bidder" status to the Japan Industrial Partners (JIP)-led consortium bid.</li>
<li>JIP had originally signed up with public-private fund JIC, forming one of the four bids (the other three being CVC, Bain, and Brookfield) but JIP and JIC split last month.</li>
<li>"Preferred Bidder status" is just that. It's not exclusive, but one can read between the lines. But the articles have interesting details, including the first trial ballon price leak.</li>
</ul>


Overnight, a few news outlets are running with the story that Toshiba Corp (6502 JP) has granted "preferred bidder" status to the Japan Industrial Partners (JIP)-led consortium bid.
JIP had originally signed up with public-private fund JIC, forming one of the four bids (the other three being CVC, Bain, and Brookfield) but JIP and JIC split last month.
"Preferred Bidder status" is just that. It's not exclusive, but one can read between the lines. But the articles have interesting details, including the first trial ballon price leak.


Toshiba (6502) - JIP Gets Preferred Bidder Status and We Get The First Price Leak