TOPIX FFW Transition - Big Flows from April to June
Changes to the Topix FFW methodology will result in a turnover of 2.87% & trade of ¥2,285bn from April to June. There is a lot to trade on some...
1k Views
Keisei Electric: Needs to Draw Activists Fast
With investor activism picking up in Japan and Keisei meeting many attributes that draws activists towards the targets, there’s a chance that...
479 Views
Oriental Land: Price Reaction Unwarranted and There’s Significant Downside Risk in a Bear Market
We think Oriental Land is too expensive at 33.6x FY24 OP, especially considering that attendance is expected to fall short of the original...
313 Views
StubWorld: Keisei Electric Gets Taken For A Ride
This looks to be a straightforward set-up: long Keisei/Short Oriental. Or an outright long against Oriental and one or two similar-sized railway...
574 Views
StubWorld: Keisei/Oriental Land, Doosan Corp/Doosan Heavy, Microport Scientific
Keisei Electric Railway Co (9009 JP), which was already trading with an extreme disconnect with Oriental Land (4661 JP), is now even further out of...
428 Views