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

Shinko Electric (6967) - Break/Gap Risk Is Considerably Changed Now

JSR (4185 JP) - Launch of The Official Tender Offer (And the Double Arb)

JSR (4185) - Updated Information in SUNY Lawsuit, and Other Developments

JSR (4185) - Possible Trouble in Arb Land as SUNY/CNSE Files Suit Against JSR Sub Inpria

JSR (4185) - Very Juicy Arb Return At Expected Timeline

Quiddity Advisors

Event-Driven

<ul>
<li>
<a href="https://www.smartkarma.com/entities/jsr-corp" target="_blank" data-smartkarma-citation="entities:17620:1" rel="noopener">JSR Corp (4185 JP)</a> saw its stock pop Monday when an article in a Japanese paper said the Tender Offer would start "within the month." </li>
<li>Investors went from "concerned about delay or worse" to "anticipating resolution." Then Wednesday just before the close the stock popped as media outlets <em>reportedly</em> reported no SAMR approval was required.</li>
<li>There has been no comment from either JIC or JSR but the discount to terms has gone from 6.9% last Friday to a 1.7% discount now.  </li>
</ul>



JSR Corp (4185 JP) saw its stock pop Monday when an article in a Japanese paper said the Tender Offer would start "within the month." 
Investors went from "concerned about delay or worse" to "anticipating resolution." Then Wednesday just before the close the stock popped as media outlets reportedly reported no SAMR approval was required.
There has been no comment from either JIC or JSR but the discount to terms has gone from 6.9% last Friday to a 1.7% discount now.  


JSR (4185) - Reporters Reportedly Report Conditions Such That JIC Deal Could Come Soon