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

Bharti Airtel Partially Paid Rights Situation

Bharti Airtel (BHARTI IN) | Revisiting Core Thesis

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

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

Quiddity Advisors

Event-Driven

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<p><em><strong>This week in StubWorld ...</strong></em></p>
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<p><a href="https://www.smartkarma.com/entities/singapore-telecommunications" target="_blank" data-smartkarma-citation="entities:20:1" rel="noopener">Singtel (ST SP)</a>'s implied stub, net of all listcos, is currently around the lowest level outside of the GFC. </p>
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<p>Preceding my comments on SingTel are the weekly setup/unwind tables for Asia-Pacific Holdcos.</p>
<p>These relationships trade with a minimum liquidity threshold of US$1mn on a 90-day moving average, and a % market capitalisation threshold - the $ value of the holding/opco held, over the parent’s market capitalisation, expressed in percent - of at least 20%.</p>
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This week in StubWorld ...


Singtel (ST SP)'s implied stub, net of all listcos, is currently around the lowest level outside of the GFC. 


Preceding my comments on SingTel are the weekly setup/unwind tables for Asia-Pacific Holdcos.
These relationships trade with a minimum liquidity threshold of US$1mn on a 90-day moving average, and a % market capitalisation threshold - the $ value of the holding/opco held, over the parent’s market capitalisation, expressed in percent - of at least 20%.





Singtel

StubWorld: SingTel Plumbs Multi-Year Low