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 Inclusion Pre-Event Trade (3150 JP): Tachiaigai Bunbai Announced. It's GREEN.

The TSE's Listing Criteria Revisions - Part I

Yukiguni Maitake IPO Valuation: Bain Capital Is Out and Leaving Little Upside for IPO Investors

Quiddity Advisors

Event-Driven

<p><a href="https://www.smartkarma.com/profiles/janaghan-jeyakumar-cfa" target="_blank" data-smartkarma-citation="accounts:3173" rel="noopener">Janaghan Jeyakumar, CFA</a> wrote about TSE-2 listed <a href="https://www.smartkarma.com/entities/gremz-inc" target="_blank" data-smartkarma-citation="entities:1858:1" rel="noopener">Gremz Inc (3150 JP)</a> almost exactly two months ago in <a href="https://www.smartkarma.com/insights/topix-inclusion-pre-event-trade-3150-jp-tachiaigai-bunbai-announced-it-s-green" target="_blank" data-smartkarma-citation="insights:43263" rel="noopener">TOPIX Inclusion Pre-Event Trade (3150 JP): Tachiaigai Bunbai Announced. It's GREEN.</a> on the premise that the tachiaigai bunbai event would lead to TOPIX inclusion because it would apply before the TSE1 Listing Rules changed on 1 November. </p><p>When he wrote, the shares had closed at ¥1,609/share and he said:</p><section class="figure"><figure class="editor-figure mceNonEditable"><img src="https://static-prod.smartkarma.com/images/media/000/172/099/original/Screenshot%202020-11-16%20at%208.36.06%20PM.png?1605530184" class="editor-image img-responsive" data-smartkarma-image-id="172099"></figure></section><p>Indeed, the shares traded up, then down back below ¥1,600 share when the tachiaigai bunbai was approaching. It was a good time to pick up shares. </p><p>Since then, shares are up 35% while TOPIX is up 5.5%. </p><h3>The NEW News</h3><p>Gremz (pronounced "Grimss"), which sells energy management solutions for home photovoltaic systems including systems, batteries, and related equipment, energy consultancy services for small businesses, and retails electricity (fastest-growing segment now) <a href="https://ssl4.eir-parts.net/doc/3150/tdnet/1906963/00.pdf" target="_blank" rel="noopener">announced</a> after the close on 16 November 2020 they had received approval to move to the First Section of the Tokyo Stock Exchange as of 24th November 2020. </p><div><p>TSE1 reassignment triggers inclusion into the TOPIX Index and the Inclusion Event can be expected to be at the close of trading 29th December 2020. </p></div><div><p>In this insight, we take a look at the Index Inclusion Parameters and the Fundamentals of the company to evaluate the upside potential of the TOPIX Inclusion Event. </p></div>

Janaghan Jeyakumar, CFA wrote about TSE-2 listed Gremz Inc (3150 JP) almost exactly two months ago in TOPIX Inclusion Pre-Event Trade (3150 JP): Tachiaigai Bunbai Announced. It's GREEN. on the premise that the tachiaigai bunbai event would lead to TOPIX inclusion because it would apply before the TSE1 Listing Rules changed on 1 November. When he wrote, the shares had closed at ¥1,609/share and he said:Indeed, the shares traded up, then down back below ¥1,600 share when the tachiaigai bunbai was approaching. It was a good time to pick up shares. Since then, shares are up 35% while TOPIX is up 5.5%. The NEW NewsGremz (pronounced "Grimss"), which sells energy management solutions for home photovoltaic systems including systems, batteries, and related equipment, energy consultancy services for small businesses, and retails electricity (fastest-growing segment now) announced after the close on 16 November 2020 they had received approval to move to the First Section of the Tokyo Stock Exchange as of 24th November 2020. TSE1 reassignment triggers inclusion into the TOPIX Index and the Inclusion Event can be expected to be at the close of trading 29th December 2020. In this insight, we take a look at the Index Inclusion Parameters and the Fundamentals of the company to evaluate the upside potential of the TOPIX Inclusion Event. 

Gremz (3150 JP) - TOPIX Inclusion Announced - Up 35% So Far. More To Go?