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

Luxottica Buys Washin Optical, Paris Miki Next?

Quiddity Advisors

Event-Driven

<ul>
<li>The situation at Paris Miki has been relatively non-salutary the last many years til 2022. The stock has underperformed peers in sales growth and has dropped sales points. </li>
<li>The company has a decent relationship with one of its main suppliers, global eyewear giant <a href="https://www.smartkarma.com/entities/luxottica-group-spa" target="_blank" data-smartkarma-citation="entities:21203:1" rel="noopener">Luxottica Group (LUX IM)</a>, which just added to their stake recently, aggressively. </li>
<li>The company is getting slow-kicked out of TOPIX, but revival appears in the works. It kind of looks like a setup for an MBO.</li>
</ul>


The situation at Paris Miki has been relatively non-salutary the last many years til 2022. The stock has underperformed peers in sales growth and has dropped sales points. 
The company has a decent relationship with one of its main suppliers, global eyewear giant Luxottica Group (LUX IM), which just added to their stake recently, aggressively. 
The company is getting slow-kicked out of TOPIX, but revival appears in the works. It kind of looks like a setup for an MBO.


Paris Miki (7455 JP) - Corrected Vision - Is This A Setup For an MBO?

Paris Miki Holdings

Paris Miki (7455 JP) - Corrected Vision - Is This A Setup For an MBO?