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

Quiddity Advisors

Event-Driven

<ul>
<li>On Friday 26 January, <a href="https://www.smartkarma.com/entities/nafco-co-ltd" target="_blank" data-smartkarma-citation="entities:14652:1" rel="noopener">NAFCO Co Ltd (2790 JP)</a> announced Q3 earnings and a large Buyback Program to run from 29 January through 31 March.</li>
<li>While the company is having A Very Bad Year, this buyback raises obvious questions. The size is interesting given the float and the shareholder structure. </li>
<li>Those interested in SmallCap Events might take a look. There are very short-term and slightly longer-term implications.</li>
</ul>


On Friday 26 January, NAFCO Co Ltd (2790 JP) announced Q3 earnings and a large Buyback Program to run from 29 January through 31 March.
While the company is having A Very Bad Year, this buyback raises obvious questions. The size is interesting given the float and the shareholder structure. 
Those interested in SmallCap Events might take a look. There are very short-term and slightly longer-term implications.


NAFCO (2790) - Big ToSTNeT-3 Raises Obvious Questions