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

Equity Capital Markets

<ul>
<li>Today, <a href="https://www.smartkarma.com/entities/sanrio-co-ltd" target="_blank" data-smartkarma-citation="entities:16476:1" rel="noopener">Sanrio (8136 JP)</a> announced a large secondary offering where banks would sell down shares and the Tsuji family would sell a few shares at the margin. </li>
<li>The stock has been on a rocket for two years. It's expensive. Growth slows next year. Will this cause momentum to turn? Maybe. The offering is 38% of Max RWF.</li>
<li>I think one could give this a pass, and even sell it if it opens down small. </li>
</ul>


Today, Sanrio (8136 JP) announced a large secondary offering where banks would sell down shares and the Tsuji family would sell a few shares at the margin. 
The stock has been on a rocket for two years. It's expensive. Growth slows next year. Will this cause momentum to turn? Maybe. The offering is 38% of Max RWF.
I think one could give this a pass, and even sell it if it opens down small. 


Sanrio (8136 JP) Large Secondary Offering - Don't Say Hello Kitty! Too Soon