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

TOPIX Inclusions: Who Is Ready (Jan 2023)

Sun* (Sun Asterisk - 4053 JP) TOPIX Inclusion Event

January TOPIX FFW Review - Some Big Sells

TOPIX Inclusions: Who Is Ready (Dec 2022)

TOPIX Inclusions: Who Is Ready (Oct 2022)

Appier (4180) Nearing A TSE Prime (And TOPIX) Announcement?

Battle Lines Drawn As BABA Builds Out First/Last-Mile Capacity; But Who Will Fund 75+ Bn CNY CapEx?

Quiddity Advisors

Event-Driven

<ul>
<li>
<a href="https://www.smartkarma.com/entities/appier-group-inc" target="_blank" data-smartkarma-citation="entities:32165:1" rel="noopener">Appier Group (4180 JP)</a> had been among our picks for TSE Prime promotion and we had recommended positioning for it. That worked. On 8 Dec they announced the promotion.</li>
<li>The company is now part of TSE Prime which means a TOPIX Inclusion at end-January and an upweight in April. More than 20% of TSE float to buy by end-April.</li>
<li>Share price performance has not kept pace with potential, and yesterday's BOJ decision saw a flurry of volume selling (bailing). Pre-IPO holder overhang may be the biggest "risk" here.</li>
</ul>



Appier Group (4180 JP) had been among our picks for TSE Prime promotion and we had recommended positioning for it. That worked. On 8 Dec they announced the promotion.
The company is now part of TSE Prime which means a TOPIX Inclusion at end-January and an upweight in April. More than 20% of TSE float to buy by end-April.
Share price performance has not kept pace with potential, and yesterday's BOJ decision saw a flurry of volume selling (bailing). Pre-IPO holder overhang may be the biggest "risk" here.


Appier (4180) - Down But Not Out; Shareholder Structure Still The Biggest Risk