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

Hitachi Transport System (9086) Shareholders Get the BIG Win in This VLBO

Hitachi Results, Special Gain on Asset Sale, and Semi-Bigly Buyback

Hitachi Transport (9086 JP):  Trading Too Wide

Hitachi Transport System (9086) - Not a Clear Outcome But Interesting Possibilities

Hitachi Transport (9086) Takeover Deal Imminent

Hitachi Transport Is the Eventy Energizer Bunny

Quiddity Advisors

Event-Driven

<ul>
<li>Hitachi has been in the process of selling <a href="https://www.smartkarma.com/entities/hitachi-transport-system-ltd" target="_blank" data-smartkarma-citation="entities:2395:1" rel="noopener">Hitachi Transport System (9086 JP)</a>. An article in the Nikkei Thursday last suggested a deal was imminent (both companies report 28 April). </li>
<li>Bloomberg carried an article this morning with more numbers and implied arithmetic. Then they revised the language in the article. </li>
<li>There is STILL room for different interpretations of likely deal price if one tries to parse all the info provided and match it with history. But we may be there.</li>
</ul>


Hitachi has been in the process of selling Hitachi Transport System (9086 JP). An article in the Nikkei Thursday last suggested a deal was imminent (both companies report 28 April). 
Bloomberg carried an article this morning with more numbers and implied arithmetic. Then they revised the language in the article. 
There is STILL room for different interpretations of likely deal price if one tries to parse all the info provided and match it with history. But we may be there.


Hitachi Transport (9086 JP) - Deciphering Takeover Price by Newspaper Article Language