Pan-Asia Catalysts/Events, Quiddity Advisors

Travis Lundy

Pan-Asia Catalysts/Events

Quiddity Advisors

Event-Driven

<ul>
<li>Smallcap semiconductor/component/design/assembly service trading house <a href="https://www.smartkarma.com/entities/shinko-shoji-co-ltd" target="_blank" data-smartkarma-citation="entities:2322:1" rel="noopener">Shinko Shoji (8141 JP)</a> has been buying back stock. It cancelled 20% of shares out last year. Today it buys back nearly 7%. </li>
<li>The question is, who sells. What one might want to do may depend on who sells. And we will know that in 1-5 days. </li>
<li>The stock itself trades at less than net current assets. The entire market cap and indeed equity is its funding of inventory and net receivables. It's cheap. </li>
</ul>


Smallcap semiconductor/component/design/assembly service trading house Shinko Shoji (8141 JP) has been buying back stock. It cancelled 20% of shares out last year. Today it buys back nearly 7%. 
The question is, who sells. What one might want to do may depend on who sells. And we will know that in 1-5 days. 
The stock itself trades at less than net current assets. The entire market cap and indeed equity is its funding of inventory and net receivables. It's cheap. 


Shinko Shoji (8141) Buyback - Possibly An Interesting Development

Japan

Shinko Shoji Co., Ltd. sells electronic parts and equipment such as integrated circuits (IC) and semiconductor devices.  The Company's products include liquid crystal (LC) display modules, condensers, ferrite cores, coils, power supplies, thin film transistor (TFT) thermal printers, head magnets, transformers, motors, sensors, and connectors.

Shinko Shoji (8141) Buyback - Possibly An Interesting Development

Shinko Shoji's top three shareholders are the major insider and former chairman, a US-based one-off value fund, and Murakami-san. The company will...

Travis Lundy