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

SBI (8473) Launches a HOSTILE Tender Offer on Shinsei Bank (8303)!

Flash Webinar | SBI’s Hostile Tender to Control Shinsei Bank

2021 High Conviction Update - Shinsei Bank Float Squeeze to Mitigate Near-Term

Shinsei Bank (8303 JP) Update - The Pause That Refreshed May End Soon

Fubon Financial Deal for Jih Sun Gets TFTC Signoff

Quiddity Advisors

Event-Driven

<p>Today, <a href="https://www.smartkarma.com/entities/shinsei-bank-ltd" target="_blank" data-smartkarma-citation="entities:16897:1" rel="noopener">Shinsei Bank (8303 JP)</a> reported results which were "in line" with the revised forecasts of 6 May, reporting net income of ¥45.1bn vs the ¥45.0bn forecast (which was against the forecast of ¥34.0bn for the year to 31 March as of Q3. </p><div>The forecast for net income to March 2022 is ¥40.0bn. This constitutes a fall of 11.3% vs this year's result, but as it does not include the ¥9.7bn one-off gain from the sale of Jih Sun shares, it actually constitutes an increase in business income. </div><div></div><div>And the Bank announced a buyback of up to 20 million shares, spending up to ¥20 billion.</div><div></div><div>More below the fold.</div>

Today, Shinsei Bank (8303 JP) reported results which were "in line" with the revised forecasts of 6 May, reporting net income of ¥45.1bn vs the ¥45.0bn forecast (which was against the forecast of ¥34.0bn for the year to 31 March as of Q3. The forecast for net income to March 2022 is ¥40.0bn. This constitutes a fall of 11.3% vs this year's result, but as it does not include the ¥9.7bn one-off gain from the sale of Jih Sun shares, it actually constitutes an increase in business income. And the Bank announced a buyback of up to 20 million shares, spending up to ¥20 billion.More below the fold.

Shinsei Reports Results - What Looks Bad Isn't So Bad, But It Isn't Fantastic

SBI Shinsei Bank

Shinsei Reports Results - What Looks Bad Isn't So Bad, But It Isn't Fantastic