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

Giordano (709 HK): Offer Doc Out. Terms Declared Final

Giordano (709 HK): Interim Divy - But Perhaps Not If You Tender

Giordano (709 HK): Minimal Acceptance As Webb Ups Stake

Giordano (709 HK): Cheng Family's Underwhelming Offer

Giordano (709 HK): Cheng Family Offer Or Cashing Out?

Quiddity Advisors

Event-Driven

<ul>
<li>After the close of trading yesterday, <strong><a href="https://www.smartkarma.com/entities/giordano-international-ltd" target="_blank" data-smartkarma-citation="entities:13899:1" rel="noopener">Giordano International (709 HK)</a></strong> <a href="https://www1.hkexnews.hk/listedco/listconews/sehk/2022/0707/2022070700930.pdf" target="_blank" rel="noopener"> announced</a> a positive  profit alert</li>
<li>Giordano expects an interim net profit of HK$91mn-HK$101mn, a 52%-68% increase over the corresponding period.</li>
<li>The Cheng family's HK$1.88/share Offer was low-balled from the onset. Substantial shareholder David Webb agrees. This deal is dead without a bump.</li>
</ul>


After the close of trading yesterday, Giordano International (709 HK)  announced a positive  profit alert
Giordano expects an interim net profit of HK$91mn-HK$101mn, a 52%-68% increase over the corresponding period.
The Cheng family's HK$1.88/share Offer was low-balled from the onset. Substantial shareholder David Webb agrees. This deal is dead without a bump.


Giordano (709 HK): Cheng Family’s Offer (Even) Less Viable After Positive Profit Alert