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

Shinko Electric (6967) Deal Approval Delayed; From Here, Big Gap-, Small Break-, Some Delay-Risk

Ibiden (4062 JP): Once Again a Long-Term Buy

Shinko Electric (6967 JP) Takeover - Time To Buy Dips, and Ibiden (4062 JP)

Battle Lines Drawn As BABA Builds Out First/Last-Mile Capacity; But Who Will Fund 75+ Bn CNY CapEx?

Quiddity Advisors

Event-Driven

<ul>
<li>In August, <a href="https://www.smartkarma.com/entities/shinko-electric-industries" target="_blank" data-smartkarma-citation="entities:15066:1" rel="noopener">Shinko Electric Industries (6967 JP)</a> announced that the JIC consortium Tender Offer due to be launched by end-August would be delayed. Next update? January 2025.</li>
<li>Everyone had expected a delay, but the stock fell. Then tech/AI fell out of bed, Ibiden crashed, China export restrictions noise/pushback caused further upset. But Ibiden and tech are rebounding.</li>
<li>At 9% it was a raging buy;post-dip at 7% it was good. Now it's 6+%. Still wide, still interesting, still stable but year-end path dependency... So I still like Ibiden.</li>
</ul>


In August, Shinko Electric Industries (6967 JP) announced that the JIC consortium Tender Offer due to be launched by end-August would be delayed. Next update? January 2025.
Everyone had expected a delay, but the stock fell. Then tech/AI fell out of bed, Ibiden crashed, China export restrictions noise/pushback caused further upset. But Ibiden and tech are rebounding.
At 9% it was a raging buy;post-dip at 7% it was good. Now it's 6+%. Still wide, still interesting, still stable but year-end path dependency... So I still like Ibiden.


Shinko Electric (6967 JP) Takeover - Still Buy Dips, and Ibiden (4062 JP)

Ibiden Co Ltd

Shinko Electric (6967 JP) Takeover - Still Buy Dips, and Ibiden (4062 JP)