Pan-Asia Catalysts/Events, Quiddity Advisors

David Blennerhassett

HK Type 4 license through Ballingal Investment Advisors Ltd. 

I'm a highly experienced sell-side analyst with in excess of 22 years of covering Asia Pacific equities, the past 19 years immersed in event strategies encompassing M&A risk arbitrage, directional long/short, stub trades and restructuring.  

My background also includes accountancy (liquidation/bankruptcy/receivership) earlier in my career and as a chief financial officer of a global commodity company based in the US and Mexico.

Pan-Asia Catalysts/Events

CMCDI (133 HK): AGM Outcome May Provide Another Leg-Up

CMCDI Update: Warning Shot Fired At AGM Despite Kan’s Successful Re-Election

The Battle of CMCDI: What Is the Endgame?

Quiddity Advisors

Event-Driven

China Merchants China Direct Investments / Event-Driven

China Merchants China Direct Investments (133 HK)

<ul>
<li>In January this year, Argyle Street, a (now) 8% shareholder of <strong><a href="https://www.smartkarma.com/entities/china-merchants-china-direct-investments" target="_blank" data-smartkarma-citation="entities:6862:1" rel="noopener">China Merchants China Direct Investments (133 HK)</a> </strong>(CMCDI), a closed-end investment company, proposed a solution to boost shareholder value.</li>
<li>Two months later, Rydal Value Fund (stake unknown) also proposed a means to boosting shareholder value along similar lines.</li>
<li>CMCDI is currently trading at a ~63% discount to NAV. But it is up 78% since Argyle's initial proposal, and recently touched a six-year high. Argyle is still buying.</li>
</ul>


In January this year, Argyle Street, a (now) 8% shareholder of China Merchants China Direct Investments (133 HK) (CMCDI), a closed-end investment company, proposed a solution to boost shareholder value.
Two months later, Rydal Value Fund (stake unknown) also proposed a means to boosting shareholder value along similar lines.
CMCDI is currently trading at a ~63% discount to NAV. But it is up 78% since Argyle's initial proposal, and recently touched a six-year high. Argyle is still buying.


China Merchants China Direct Investments

Activism Takes On CMCDI (133 HK)