Author Topic: Japanese Basket  (Read 25332 times)

generalsandworkouts

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Re: Japanese Basket
« Reply #80 on: March 10, 2020, 08:21:03 PM »
I also bought some Taihei Machinery Works Ltd (6342). It trades at roughly NCAV, has a PE < 5 and pays a reasonable dividend.
I write about deep value stocks, net-nets and special situations on my blog: https://generalsandworkouts.blogspot.com/


samwise

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Re: Japanese Basket
« Reply #81 on: March 11, 2020, 10:10:25 PM »
1782 is down back to its lows, cheap on p/e, p/b, decent dividend, still decent ROE, which I donít understand in the construction business.

They recently reorganized their organization, and published it, down to local sales who were reassigned. Is this usual in Japan?

Janeo

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Re: Japanese Basket
« Reply #82 on: March 26, 2020, 03:06:05 AM »
Bought these cigar butts recently:
TYO: 4234 Sun A. Kaken
TYO: 5928 ALMETAX
TYO: 6467 NICHIDAI
 

mjohn707

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Re: Japanese Basket
« Reply #83 on: March 26, 2020, 07:35:10 AM »
It really seems like a lot of these Japanese net-nets have help up better than the market, or at least better than certain areas of the market, possibly because they're so well capitalized and names with debt have just been killed.  In any case, I've been selling that names that have held up to buy US names that seem relatively cheaper now.  Who knew that the only way these things would actually outperform the market would be in some sort of cataclysm? 
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fishwithwings

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Re: Japanese Basket
« Reply #84 on: March 30, 2020, 11:22:06 AM »
It really seems like a lot of these Japanese net-nets have help up better than the market, or at least better than certain areas of the market, possibly because they're so well capitalized and names with debt have just been killed.  In any case, I've been selling that names that have held up to buy US names that seem relatively cheaper now.  Who knew that the only way these things would actually outperform the market would be in some sort of cataclysm?

Do you mind sharing some of the US names?  Maybe not on this thread b/c it's for Japanese stocks tho.

mjohn707

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Re: Japanese Basket
« Reply #85 on: March 30, 2020, 11:45:52 AM »
It really seems like a lot of these Japanese net-nets have help up better than the market, or at least better than certain areas of the market, possibly because they're so well capitalized and names with debt have just been killed.  In any case, I've been selling that names that have held up to buy US names that seem relatively cheaper now.  Who knew that the only way these things would actually outperform the market would be in some sort of cataclysm?

Do you mind sharing some of the US names?  Maybe not on this thread b/c it's for Japanese stocks tho.

I mentioned some names in another thread here:

https://www.cornerofberkshireandfairfax.ca/forum/general-discussion/companies-with-a-fortress-balance-sheet-and-liquidity-at-the-moment/msg404747/#msg404747

What do people usually say, do your own research?  Statistically though I'm not sure it makes a difference 
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fishwithwings

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Re: Japanese Basket
« Reply #86 on: March 30, 2020, 11:55:12 AM »
It really seems like a lot of these Japanese net-nets have help up better than the market, or at least better than certain areas of the market, possibly because they're so well capitalized and names with debt have just been killed.  In any case, I've been selling that names that have held up to buy US names that seem relatively cheaper now.  Who knew that the only way these things would actually outperform the market would be in some sort of cataclysm?

Do you mind sharing some of the US names?  Maybe not on this thread b/c it's for Japanese stocks tho.

I mentioned some names in another thread here:

https://www.cornerofberkshireandfairfax.ca/forum/general-discussion/companies-with-a-fortress-balance-sheet-and-liquidity-at-the-moment/msg404747/#msg404747

What do people usually say, do your own research?  Statistically though I'm not sure it makes a difference

thx :)