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

Quiddity Advisors

Event-Driven

<ul>
<li>Wacom splits its pen-tablet business into "Branded Business" and "Technology Solutions" which is not dissimilar to simply splitting based on customer type. TS is doing well. BB is not.</li>
<li>But BB is doing better than it was, which means a rebound in profit this year. After Q2 there is new guidance, probably soft. And there is a BIG buyback.</li>
<li>The buyback is large enough to take notice, even though practically it will be smaller than the headline. And a read of the MTMP "Wacom Chapter 3" is highly recommended.</li>
</ul>


Wacom splits its pen-tablet business into "Branded Business" and "Technology Solutions" which is not dissimilar to simply splitting based on customer type. TS is doing well. BB is not.
But BB is doing better than it was, which means a rebound in profit this year. After Q2 there is new guidance, probably soft. And there is a BIG buyback.
The buyback is large enough to take notice, even though practically it will be smaller than the headline. And a read of the MTMP "Wacom Chapter 3" is highly recommended.


Wacom (6727 JP) - Large, Short-Dated, On-Market Buyback Against Dense Register

Wacom Co Ltd

Wacom (6727 JP) - Large, Short-Dated, On-Market Buyback Against Dense Register