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

Adways (2489 JP) - A Dilutive Placement Before and a New Accretive Bigly Buyback

Quiddity Advisors

Event-Driven

<ul>
<li>
<a href="https://www.smartkarma.com/entities/adways-inc" target="_blank" data-smartkarma-citation="entities:14696:1" rel="noopener">Adways Inc (2489 JP)</a> is an ad agency, ad platform, marketing platform, and a variety of sub-platforms serving certain mobile, PC, marketing, and app development niches. </li>
<li>They released earnings last Friday, but today released other - follow-on information. </li>
<li>Included was a buyback - up to 5.7mm shares (13.57% of shares out) for up to ¥2bn (9% of mktcap) - over the next 5.5 months. Seems big. Look closer.</li>
</ul>



Adways Inc (2489 JP) is an ad agency, ad platform, marketing platform, and a variety of sub-platforms serving certain mobile, PC, marketing, and app development niches. 
They released earnings last Friday, but today released other - follow-on information. 
Included was a buyback - up to 5.7mm shares (13.57% of shares out) for up to ¥2bn (9% of mktcap) - over the next 5.5 months. Seems big. Look closer.


Adways (2489 JP) - Really, Really Big News for a SmallCap