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

Kansai Paint (4613 JP) Secondary Offering & Buyback and All the Subsequent Flows

Dai Nippon Printing (7912) - Whoop There It Is! ¥100bn Buyback in a Year, ¥300bn in 3yrs

Good Morning Japan |EQUITY SELL OFF Ahead of NFP-Banks Bear Brunt; NUGGET: Nissan - Its Worse !

Quiddity Advisors

Event-Driven

<ul>
<li>
<a href="https://www.smartkarma.com/entities/kansai-paint-co-ltd" target="_blank" data-smartkarma-citation="entities:13340:1" rel="noopener">Kansai Paint (4613 JP)</a> today announced a very large buyback.</li>
<li>Given the shareholder structure, the 11.2% buyback may not have the direct market impact that one might think, but there are still ways to play this. </li>
<li>Kansai Paint starts from a near 5-year low against three of four large competitors. And we have accretion and likely cross-holding unwinding. It's not a bad story.</li>
</ul>



Kansai Paint (4613 JP) today announced a very large buyback.
Given the shareholder structure, the 11.2% buyback may not have the direct market impact that one might think, but there are still ways to play this. 
Kansai Paint starts from a near 5-year low against three of four large competitors. And we have accretion and likely cross-holding unwinding. It's not a bad story.


Kansai Paint (4613) - Huge Buyback Launched