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

MUFG - What if No Yield Curve Control Relief?

MUFG & PT Mandala Multifinance - Too Small To Matter, LT Perspective ROA Is Key

Mizuho - Tax Rate Normalization, Yield Curve Control Relief, Can Mean Profit Surge

Gravity Works As WeWork Doesn't; Now Plan B

Mizuho Financial Group (8411 JP):  Defying the Skeptics

Quiddity Advisors

Equity Bottom-Up

Mitsubishi UFJ Financial (MUFG) / Equity Bottom-Up

Mitsubishi UFJ Financial (MUFG) (8306 JP)

<ul>
<li>
<a href="https://www.smartkarma.com/entities/mitsubishi-ufj-financial-group" target="_blank" data-smartkarma-citation="entities:218:1" rel="noopener">Mitsubishi UFJ Financial (MUFG) (8306 JP)</a> announced results today. Operating Income +0.8%, Operating Earnings +45.9%, Net Profit +45.5% to ¥1.13trln. </li>
<li>The forecast for Mar23 is for a "target" of Net Income of &gt;¥1trln. The DPS for Mar23 is set at ¥32 vs ¥28 last year and ¥25 the year before.</li>
<li>And MUFG announced both the delay of the closing of Union Bancorp sale to calendar H2, and a big buyback of ¥300bn. </li>
</ul>



Mitsubishi UFJ Financial (MUFG) (8306 JP) announced results today. Operating Income +0.8%, Operating Earnings +45.9%, Net Profit +45.5% to ¥1.13trln. 
The forecast for Mar23 is for a "target" of Net Income of &gt;¥1trln. The DPS for Mar23 is set at ¥32 vs ¥28 last year and ¥25 the year before.
And MUFG announced both the delay of the closing of Union Bancorp sale to calendar H2, and a big buyback of ¥300bn. 


Sumitomo Mitsui Financial Group (8316 JP)

MUFG (8306 JP) - BigBank BigBuyback But A Bit Pricey Vs SMFG