Pan-Asia Index Flows & Special Situations, Quiddity Advisors

Janaghan Jeyakumar, CFA

Equity Analyst with experience in fundamental and event-driven research in Frontier and Emerging markets. 

On Smartkarma, I mainly publish insights on index flow events in the Asia-Pacific region. This includes predicting regular and intra-review index changes and estimating upcoming passive flows. I also cover special situations such as mergers & acquisitions, equity offerings, buybacks, and other corporate restructuring events.

Pan-Asia Index Flows & Special Situations

Historical TOPIX Inclusions:  What Flavor Performs Best?

Nippon Rietec's (1938) Gangbusters TOPIX Inclusion

TOPIX Inclusion: Retail Partners (8167 JP)

Quiddity Advisors

Pan-Asia Catalysts/Events

Event-Driven

On Friday after market close, telecoms company <a href="https://www.smartkarma.com/entities/ips-inc" target="_blank" data-smartkarma-citation="entities:31091:1" rel="noopener">IPS Inc (4390 JP)</a> announced they had <a href="https://contents.xj-storage.jp/xcontents/AS96841/02ccef30/e547/4511/9db2/8b3a749386c8/140120201218436441.pdf" target="_blank" rel="noopener">received approval</a> to move from the MOTHERS Section to the First Section of the Tokyo Stock Exchange as of 25th December 2020. TSE1 reassignment triggers inclusion into the TOPIX Index and the Inclusion Event can be expected to be at the close of trading 28th January 2021. IPS provides international communication lines targeting cable TV operators in the Philippines connecting Manila with Hong Kong, North America and many other countries. They purchase large-scale lines from domestic and overseas telecommunications carriers and offer the lines to cable TV carriers in small lots in accordance with customer demands. On the other hand, they also have a domestic telecommunications business in Japan where they provide many services including toll-free services, services for MVNO businesses, data centre operations, and cloud computing services. In this insight, we take a look at the Index Inclusion Parameters and the Fundamentals of the company to evaluate the upside potential of the TOPIX Inclusion Event.

On Friday after market close, telecoms company IPS Inc (4390 JP) announced they had received approval to move from the MOTHERS Section to the First Section of the Tokyo Stock Exchange as of 25th December 2020. TSE1 reassignment triggers inclusion into the TOPIX Index and the Inclusion Event can be expected to be at the close of trading 28th January 2021. IPS provides international communication lines targeting cable TV operators in the Philippines connecting Manila with Hong Kong, North America and many other countries. They purchase large-scale lines from domestic and overseas telecommunications carriers and offer the lines to cable TV carriers in small lots in accordance with customer demands. On the other hand, they also have a domestic telecommunications business in Japan where they provide many services including toll-free services, services for MVNO businesses, data centre operations, and cloud computing services. In this insight, we take a look at the Index Inclusion Parameters and the Fundamentals of the company to evaluate the upside potential of the TOPIX Inclusion Event. 

IPS Inc

TOPIX Inclusion : IPS, Inc (4390 JP)