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

Revised Couche-Tard Bid for 7&I and a Flurry of News Items Ahead of Earnings

7&I Results and Plans - The Good, The Bad, The Ugly, The Respectable, Unfortunate, and Encouraging

7-Eleven Corporation: A Clear Strategy for Long-Term Value, Founding Family Return to Super-Stores

The New FEFTA List (With 7&I (3382) As "Core") Is Not a Big Hurdle for Couche-Tard

Updates on The Couche-Tard Deal for 7&I (3382 JP)

7&I Rejects ACT's Bid As Too Low, Not Worth Discussing, ACT Whines, 7&I Taps The Sign

Artisan Partners Writes a Letter To the 7&I Board (3382) - Meh...

Quiddity Advisors

Event-Driven

<ul>
<li>
<a href="https://www.smartkarma.com/entities/seven-i-holdings-co-ltd" target="_blank" data-smartkarma-citation="entities:1041:1" rel="noopener">Seven &amp; I Holdings (3382 JP)</a> is currently "in limbo" as the initial <a href="https://www.smartkarma.com/entities/alimentation-couche-tard-inc" target="_blank" data-smartkarma-citation="entities:25103:1" rel="noopener">Alimentation Couche-Tard (ATD CN)</a> ("ACT") has been rejected, some news is out, and we await earnings/presentations.</li>
<li>The news last week was that 7&amp;i might sell down a stake in <a href="https://www.smartkarma.com/entities/seven-bank-ltd" target="_blank" data-smartkarma-citation="entities:16063:1" rel="noopener">Seven Bank Ltd (8410 JP)</a> and could sell its retail/superstore business to PE rather than an IPO.</li>
<li>Both selldowns mean the focus on CVS everyone seems to want. That's good news. And the shares are trading at/below ACT terms which "grossly undervalued" the company. Bullish. </li>
</ul>



Seven &amp; I Holdings (3382 JP) is currently "in limbo" as the initial Alimentation Couche-Tard (ATD CN) ("ACT") has been rejected, some news is out, and we await earnings/presentations.
The news last week was that 7&amp;i might sell down a stake in Seven Bank Ltd (8410 JP) and could sell its retail/superstore business to PE rather than an IPO.
Both selldowns mean the focus on CVS everyone seems to want. That's good news. And the shares are trading at/below ACT terms which "grossly undervalued" the company. Bullish. 


7&I (3382) - Asset Sale News Designed to Get Shareholder Attention to Future Value