Pan-Asia Catalysts/Events, Quiddity Advisors

Travis Lundy

Pan-Asia Catalysts/Events

Quiddity Advisors

Event-Driven

<ul>
<li>
<a href="https://www.smartkarma.com/entities/monadelphous-group-ltd" target="_blank" data-smartkarma-citation="entities:553:1" rel="noopener">Monadelphous (MND AU)</a> will be added to the S&amp;P ASX 200 Index on 16 December 2022.</li>
<li>This is not a surprise. It has been the lead contender for a December ADD slot since the day after the September rebalance was completed (see <a href="https://www.smartkarma.com/insights/s-p-asx-quiddity-leaderboard-dec-22-top-ranked-asx200-adds-look-interesting" target="_blank" rel="noopener">here</a>).</li>
<li>There is a fair bit of volume to buy, and there are pair trades to do.</li>
</ul>



Monadelphous (MND AU) will be added to the S&amp;P ASX 200 Index on 16 December 2022.
This is not a surprise. It has been the lead contender for a December ADD slot since the day after the September rebalance was completed (see here).
There is a fair bit of volume to buy, and there are pair trades to do.


Monadelphous (MND AU) Is The S&P ASX 200 ADD - There's a Trade Here

Asia Pac IPO & Placement Research, China biotech, Aequitas Research

Ke Yan, CFA, FRM

Asia Pac IPO & Placement Research, China biotech

IPOs and Placements coverage across Asia Pacific

Aequitas Research

We cover all listing across the Asia Pacific along with follow-up placements. As of Dec 2020, our team had covered 539 IPOs with a hit rate of 73.5% and 685 placements with a hit rate of 66.8%.

We combine fundamental bottom-up views with our proprietary quantitative framework to provide a holistic coverage across new listings and placements. Our coverage includes pre-IPO notes before the deal is launched, follow-up analysis once the deal is live and post-listing trading analysis as well.

Quantitative Analysis

<ul>
<li>We analyzed the changes in short interest of ASX Stocks as of Jun 7th (reported today) which has an aggregated short interest worth USD19.8bn.</li>
<li>We tabulate league table for top short by value and short as multiple of ADT, as well as weekly increases &amp; decreases in short value, short as multiple of ADT.</li>
<li>We highlight short interest changes in Xero, Fortescue, Wisetech Global, BHP, Woodside Energy.</li>
</ul>


We analyzed the changes in short interest of ASX Stocks as of Jun 7th (reported today) which has an aggregated short interest worth USD19.8bn.
We tabulate league table for top short by value and short as multiple of ADT, as well as weekly increases &amp; decreases in short value, short as multiple of ADT.
We highlight short interest changes in Xero, Fortescue, Wisetech Global, BHP, Woodside Energy.


ASX Short Interest Weekly (Jun 7th): Xero, Fortescue, Wisetech Global, BHP, Woodside Energy

Pan-Asia Index Rebalances/ Events/ Delta One, Periscope Analytics

Brian Freitas

Pan-Asia Index Rebalances/ Events/ Delta One

Periscope Analytics

Periscope Analytics focuses on event-driven trades across Asia Pacific and provides comprehensive, timely and systematic coverage of index changes to major Asia Pacific indices in a structured manner.

The analysis includes forecasted inclusions and exclusions to all major Asian indices that have significant amount of tracking assets, including estimates of passive buy/sell flow on the stocks. The service also provides commentary and impact of market consultations, ground rule changes, and other events (IPOs, spin-offs, M&A) that could lead to index changes and passive flow.

Periscope Analytics works with multi-strategy hedge funds, proprietary trading firms, stat arb trading groups and long-only investors that invest and trade in the Asia Pacific region with the data being used to trade index rebalances, avoid pre-positioning and passive flow, and to time entry into and exit from stocks.

Event-Driven Trades Across Asia Pacific

<ul>
<li>Dar Al-Handasah has sold 19% of <a href="https://www.smartkarma.com/entities/worleyparsons-ltd" target="_blank" data-smartkarma-citation="entities:178:1" rel="noopener">WorleyParsons Ltd (WOR AU)</a> overnight at A$14.35/share, a 12% discount to the last close, to raise A$1.44bn (US$943m).</li>
<li>This reduces Dar's stake in <a href="https://www.smartkarma.com/entities/worleyparsons-ltd" target="_blank" data-smartkarma-citation="entities:178:1" rel="noopener">WorleyParsons Ltd (WOR AU)</a> to 4.5% and will trigger upweights from index providers in the next few days.</li>
<li>The stake sale could also lead to a re-rating of the stock with a large blocking stake off the share register.</li>
</ul>


Dar Al-Handasah has sold 19% of WorleyParsons Ltd (WOR AU) overnight at A$14.35/share, a 12% discount to the last close, to raise A$1.44bn (US$943m).
This reduces Dar's stake in WorleyParsons Ltd (WOR AU) to 4.5% and will trigger upweights from index providers in the next few days.
The stake sale could also lead to a re-rating of the stock with a large blocking stake off the share register.


Worley (WOR): Impact of Dar Group's A$1.4bn Sale

<ul>
<li>We analyzed the changes in short interest of ASX Stocks as of Feb 16th (reported today) which has an aggregated short interest worth USD18.0bn.</li>
<li>We tabulate league table for top short by value and short as multiple of ADT, as well as weekly increases &amp; decreases in short value, short as multiple of ADT.</li>
<li>We highlight short interest changes in Seek, Origin Energy, Woodside Energy, ANZ, Qantas Airways.</li>
</ul>


We analyzed the changes in short interest of ASX Stocks as of Feb 16th (reported today) which has an aggregated short interest worth USD18.0bn.
We tabulate league table for top short by value and short as multiple of ADT, as well as weekly increases &amp; decreases in short value, short as multiple of ADT.
We highlight short interest changes in Seek, Origin Energy, Woodside Energy, ANZ, Qantas Airways.


ASX Short Interest Weekly (Feb 16th): Seek, Origin Energy, Woodside Energy, ANZ, Qantas Airways

<ul>
<li>We analyzed the changes in short interest of ASX Stocks as of Dec 22nd (reported today) which has an aggregated short interest worth USD19.9bn.</li>
<li>We tabulate league table for top short by value and short as multiple of ADT, as well as weekly increases &amp; decreases in short value, short as multiple of ADT.</li>
<li>We highlight short interest changes in BHP, Wisetech Global, Woodside Energy, Telstra, Fortescue, Macquarie, Allkem, Santos.</li>
</ul>


We analyzed the changes in short interest of ASX Stocks as of Dec 22nd (reported today) which has an aggregated short interest worth USD19.9bn.
We tabulate league table for top short by value and short as multiple of ADT, as well as weekly increases &amp; decreases in short value, short as multiple of ADT.
We highlight short interest changes in BHP, Wisetech Global, Woodside Energy, Telstra, Fortescue, Macquarie, Allkem, Santos.


ASX Short Interest Weekly (Dec 22nd): BHP, Wisetech Global, Woodside Energy, Telstra, Fortescue

Australia

Downer EDI Limited provides engineering and infrastructure management services to the public and private rail, road, power, telecommunications, mining and resources sectors in Australia, New Zealand, Asia and the Pacific.  Downer provides rolling stock services, drilling services for the exploration industry, mine planning and management services and highway maintenance.

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Downer EDI Ltd (DOW AU)

Monadelphous (MND AU) Is The S&P ASX 200 ADD - There's a Trade Here

Mining services company Monadelphous (MND AU) is the S&P ASX 200 ADD, as expected. There should be 4.8mm shares to buy - 12+ days of ADV. There's a...

Travis Lundy

ASX Short Interest Weekly (Jun 7th): Xero, Fortescue, Wisetech Global, BHP, Woodside Energy

We analyzed ASX short interest report for the past week and highlight short interest changes in Xero, Fortescue, Wisetech Global, BHP, Woodside...

Ke Yan, CFA, FRM

Worley (WOR): Impact of Dar Group's A$1.4bn Sale

Dar Group has sold a 19% stake in Worley to raise A$1.44bn. This will trigger passive buying and short covering and could lead to a re-rating of...

Brian Freitas

ASX Short Interest Weekly (Feb 16th): Seek, Origin Energy, Woodside Energy, ANZ, Qantas Airways

We analyzed ASX short interest report for the past week and highlight short interest changes in Seek, Origin Energy, Woodside Energy, ANZ, Qantas...

Ke Yan, CFA, FRM

ASX Short Interest Weekly (Dec 22nd): BHP, Wisetech Global, Woodside Energy, Telstra, Fortescue

We analyzed ASX short interest report for the past week and highlight short interest changes in BHP, Wisetech Global, Woodside Energy, Telstra,...

Ke Yan, CFA, FRM

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52-week Range

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