Pan-Asia Index Flows & Special Situations, Quiddity Advisors

Janaghan Jeyakumar, CFA

Equity Analyst with experience in fundamental and event-driven research in Frontier and Emerging markets. 

On Smartkarma, I mainly publish insights on index flow events in the Asia-Pacific region. This includes predicting regular and intra-review index changes and estimating upcoming passive flows. I also cover special situations such as mergers & acquisitions, equity offerings, buybacks, and other corporate restructuring events.

Pan-Asia Index Flows & Special Situations

Allcargo (AGLL IN): More-Than-Triple Now. What Next?

Allcargo (AGLL IN): Process Reinitiated! 70%+ Up Now. Should You Still Chase?

Allcargo (AGLL IN): Shareholders Reject! What Now?

Failed Exit Offers in India: Lessons for VEDL, ADANI, and HEXW?

Allcargo (AGLL IN): +42% Up So Far. How Much More to Go?

Quiddity Advisors

Pan-Asia Catalysts/Events

Event-Driven

A couple of weeks ago <a href="https://www.smartkarma.com/entities/allcargo-logistics-ltd" target="_blank" data-smartkarma-citation="entities:10602:1" rel="noopener">Allcargo Logistics (AGLL IN)</a>'s delisting effort failed as shareholders rejected the proposal in a rare historical event. I discussed this in <a href="https://www.smartkarma.com/insights/allcargo-agll-in-shareholders-reject-what-now" target="_blank" data-smartkarma-citation="insights:57570" rel="noopener">Allcargo (AGLL IN): Shareholders Reject! What Now?</a> explaining why this does not have to be entirely bad news for the company as it could also be perceived as  a sign of shareholder confidence in the company's fundamentals. Although the initial reaction was negative as expected, the shares have gained more than 10% since then. Yesterday, the company made a <a href="https://www.bseindia.com/xml-data/corpfiling/AttachLive/4da4d302-feb2-46a5-855e-22ec0813e054.pdf" target="_blank" rel="noopener">stock exchange announcement</a> that they had "appointed Jefferies Financial as Investment Banker to evaluate fund raising opportunities for private equity and strategic investment in international supply chain business, which operates under the brand name 'ECU Worldwide'". In this insight we take a look at the details of ECU Worldwide ("ECUW") and the potential implications of this divestiture on Allcargo.

A couple of weeks ago Allcargo Logistics (AGLL IN)'s delisting effort failed as shareholders rejected the proposal in a rare historical event. I discussed this in Allcargo (AGLL IN): Shareholders Reject! What Now? explaining why this does not have to be entirely bad news for the company as it could also be perceived as  a sign of shareholder confidence in the company's fundamentals. Although the initial reaction was negative as expected, the shares have gained more than 10% since then. Yesterday, the company made a stock exchange announcement that they had "appointed Jefferies Financial as Investment Banker to evaluate fund raising opportunities for private equity and strategic investment in international supply chain business, which operates under the brand name 'ECU Worldwide'". In this insight we take a look at the details of ECU Worldwide ("ECUW") and the potential implications of this divestiture on Allcargo. 

Allcargo (AGLL IN): ECUW Stake Sale at US$1bn Proposed Valuation