Pan-Asia Catalysts/Events, Quiddity Advisors

David Blennerhassett

HK Type 4 license through Ballingal Investment Advisors Ltd. 

I'm a highly experienced sell-side analyst with in excess of 22 years of covering Asia Pacific equities, the past 19 years immersed in event strategies encompassing M&A risk arbitrage, directional long/short, stub trades and restructuring.  

My background also includes accountancy (liquidation/bankruptcy/receivership) earlier in my career and as a chief financial officer of a global commodity company based in the US and Mexico.

Pan-Asia Catalysts/Events

StubWorld: Jardine Cycle & Carriage Trading Wide; SingTel's Steepest Discount Ever?

Tunas Ridean (TURI IJ): JCNC & Tunas Andolan's Quasi Delisting Proposal

Tunas Ridean: Sell Or Tender, But Don't Do Nothing

SingTel: All-Time Low Implied Stub; Inexpensive Proxy Into Bharti

Quiddity Advisors

Event-Driven

<ul>
<li>
<a href="https://www.smartkarma.com/entities/singapore-telecommunications" target="_blank" data-smartkarma-citation="entities:20:1" rel="noopener">Singtel (ST SP)</a> announced a net profit of S$954mn in the 1H22 (Mar Y/E), an increase of 105% yoy.</li>
<li>A strong turnaround in associate <a href="https://www.smartkarma.com/entities/bharti-airtel-ltd" target="_blank" data-smartkarma-citation="entities:953:1" rel="noopener">Bharti Airtel (BHARTI IN)</a>'s contribution.</li>
<li>Trading at discount to NAV of ~34%, against a one-year average of ~27%.</li>
</ul>



Singtel (ST SP) announced a net profit of S$954mn in the 1H22 (Mar Y/E), an increase of 105% yoy.
A strong turnaround in associate Bharti Airtel (BHARTI IN)'s contribution.
Trading at discount to NAV of ~34%, against a one-year average of ~27%.


SingTel (ST SP): Steep Discount Amid Strong First-Half Results