bullish
Keisei Electric: Distorted Valuation Unveils Opportunity for Activist Investors
Oshadhi has highlighted this Insight as a Top Pick
594 Views12 Jun 2023 15:37
SUMMARY
- Surpassing the pre-COVID average of 49%, the NAV discount currently stands at 61%, implying potential 12% market-neutral returns in the short-term through the recovery of the core transportation business.
- Activist investor influence in distributing Keisei Electric's ¥1,980bn Oriental Land (4661 JP) stake to existing shareholders could unleash over 150% potential upside, surpassing the earlier mentioned 12% gain.
- Thus, there is high likelihood of Keisei Electric Railway Co (9009 JP)'s continued outperformance over Oriental Land in the medium term.
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Discussions
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- Keisei Electric (9009): The Chinese Are Back.10 Aug 2023
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- Keisei Electric: Distorted Valuation Unveils Opportunity for Activist Investors12 Jun 2023
- Keisei Electric: Needs Activists to Push the Market02 Feb 2023
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