Ashimori Industry (3526 JP): Toyoda Gosei (7282 JP)’s Tender Offer at JPY4,140
The offer is attractive as it represents a ten-year high, implies a P/B of 1.00x and above the mid-point of the target IFA DCF valuation range.
540 Views
Yamauchi Family Office Buys More Toyo; Toyo Claims More Malfeasance, ISS Supports YFO
Toyo rails against YFO. ISS recommends to mostly support YFO. YFO increases its stake in Toyo Construction, Toyo objects and calls it unfair...
2.6k Views
Tachi-S – Ramped Investment into a Revenue Contraction but There Is Value and a Hint of a Recovery
Tachi-S is a small cap (ÂĄ30bn market cap) seat manufacturer which counts Honda and the Nissan Alliance as its key customers, though it has been...
402 Views
Tesla--The Struggle to Stay Afloat in 2019
Profit Warning for Q4 2018 and Q1 2019: Two Fridays ago, Elon Musk warned that Q4 profits came in lower than Q3's, despite an 8% QoQ rise in...
955 Views
Fuji Kiko Tender Launched - Unchanged TOB Price And Still Not Enough
Today Fuji Kiko Co Ltd (7260 JP) announced better-than-expected H1 earnings.I say "better-than-expected" because revenues were +4.7%yoy and +6.8%...
488 Views