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

KLine (9107) Buyback Redux-Squared - Post-Buyback Could Get Squeezy

KLINE (9107) CEO Comes Out Swinging - More LPG Carriers and More Shareholder Returns THIS YEAR

KLINE (9107) - Chances for an Additional Buyback At Q3 Earnings?

KLine (Kawasaki Kisen 9107) Announced Q2 Earnings and Possibly Game-Able Buyback (And Index Impact)

Quiddity Advisors

Event-Driven

<ul>
<li>On Thursday, <a href="https://www.smartkarma.com/entities/kawasaki-kisen-kaisha-ltd" target="_blank" data-smartkarma-citation="entities:3548:1" rel="noopener">Kawasaki Kisen Kaisha (9107 JP)</a> announced earnings, lower-than-consensus guidance and a ¥100bn buyback via ToSTNeT-3 this week, and on market if not filled via ToSTNeT-3.</li>
<li>The stock fell 5+%. I wrote I thought it was a buy and that the buyback was "game-able." It rose 10+% from then til now. </li>
<li>That was the fun. Now we get the games. Positioning strategy matters. </li>
</ul>


On Thursday, Kawasaki Kisen Kaisha (9107 JP) announced earnings, lower-than-consensus guidance and a ¥100bn buyback via ToSTNeT-3 this week, and on market if not filled via ToSTNeT-3.
The stock fell 5+%. I wrote I thought it was a buy and that the buyback was "game-able." It rose 10+% from then til now. 
That was the fun. Now we get the games. Positioning strategy matters. 


KLine (Kawasaki Kisen (9107)) - ToSTNeT-3 For All The Marbles