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

Odelic MBO - STILL The Wrong Takeover Price, It's a Good Long Here

Quiddity Advisors

Event-Driven

JASDAQ-listed <a href="https://www.smartkarma.com/entities/odelic-co-ltd" target="_blank" data-smartkarma-citation="entities:4409:1" rel="noopener">Odelic Co Ltd (6889 JP)</a> has been in business in Tokyo and environs, now wider, for 70+ years providing residential lighting solutions for Japanese homes. Previously known as Oyama Lighting, it changed its name to Odelic in 1996 and to my understanding listed on JASDAQ at the same time. Today they offer a variety of traditional lighting and connected lighting (and smart speaker implementation) for homes, and given the market for renovations and remodelling in Tokyo, one can expect this business to be a steady earner for years to come. Today, a company called Amase Create, which is a family holding company related to CEO ITO Masato (and which was before that - it appears - controlled by his father), which owns 10.35% of Odelic as the largest shareholder) <a href="https://www.odelic.co.jp/ir/pdf/press_release/200204_003.pdf" target="_blank" rel="noopener">announced</a> a buyout of Odelic.I really think this is worth looking at.

JASDAQ-listed Odelic Co Ltd (6889 JP) has been in business in Tokyo and environs, now wider, for 70+ years providing residential lighting solutions for Japanese homes. Previously known as Oyama Lighting, it changed its name to Odelic in 1996 and to my understanding listed on JASDAQ at the same time. Today they offer a variety of traditional lighting and connected lighting (and smart speaker implementation) for homes, and given the market for renovations and remodelling in Tokyo, one can expect this business to be a steady earner for years to come. Today, a company called Amase Create, which is a family holding company related to CEO ITO Masato (and which was before that - it appears - controlled by his father), which owns 10.35% of Odelic as the largest shareholder) announced a buyout of Odelic.I really think this is worth looking at. 

Odelic MBO Going Too Cheaply - Vaguely Kosaido-Ish

Odelic Co., Ltd.

Odelic MBO Going Too Cheaply - Vaguely Kosaido-Ish