Thanks Altay for the news. I'll put Yakult in watchlist. Recently bought abit into Nippon Paint. But share price fell (maybe across the board) when Yen becoming stronger.
Altay, I am too stupid to analyze stocks intelligently myself but I was wondering if you have ever looked into Sanoyas Holding Corporation 7022.T. I bought some in March on a Friday at like 180 a share and they announced a share buyback same day I bought and I made 30% the next Monday. I was thinking of a theme of increase in Japan's military budget=Japanese military related companies benefit, shipbuilders/aircraft etc. so I bought Sanoyas and Jamco and sold them for a decent profit. I was drinking a bunch of wine and pondering the remilitarization of Japan theme super drunk and bought them with poor judgement, luckily it worked out, but maybe remilitarization beneficiaries is a theme worth exploring, or maybe I just thought it was a good idea because I was drunk, idk lol.
Increased military spending seems to be a real theme that's gaining momentum. The larger military contractors have done well in Japan (and in the U.S.!).
I haven't looked at 7022, but on the surface it doesn't look particularly cheap. It routinely swings from profits to losses and trades at 0.8x p/tbv. Revenue has been shrinking too. Names like these could be fantastic investments, but requires a deeper understanding of the business.
It could be a homerun if they can expand their businesses, but the names I'm looking at are dirt cheap on existing business. Thanks for the heads up this name, if i got nothing on the plate one night i'll look into it for fun later!
Thanks Altay for the news. I'll put Yakult in watchlist. Recently bought abit into Nippon Paint. But share price fell (maybe across the board) when Yen becoming stronger.
Altay, I am too stupid to analyze stocks intelligently myself but I was wondering if you have ever looked into Sanoyas Holding Corporation 7022.T. I bought some in March on a Friday at like 180 a share and they announced a share buyback same day I bought and I made 30% the next Monday. I was thinking of a theme of increase in Japan's military budget=Japanese military related companies benefit, shipbuilders/aircraft etc. so I bought Sanoyas and Jamco and sold them for a decent profit. I was drinking a bunch of wine and pondering the remilitarization of Japan theme super drunk and bought them with poor judgement, luckily it worked out, but maybe remilitarization beneficiaries is a theme worth exploring, or maybe I just thought it was a good idea because I was drunk, idk lol.
Increased military spending seems to be a real theme that's gaining momentum. The larger military contractors have done well in Japan (and in the U.S.!).
I haven't looked at 7022, but on the surface it doesn't look particularly cheap. It routinely swings from profits to losses and trades at 0.8x p/tbv. Revenue has been shrinking too. Names like these could be fantastic investments, but requires a deeper understanding of the business.
It could be a homerun if they can expand their businesses, but the names I'm looking at are dirt cheap on existing business. Thanks for the heads up this name, if i got nothing on the plate one night i'll look into it for fun later!