I had a meeting with alt CFO. alt was listed on TSE Mothers on 10/11/24. Market Cap:¥20 Bn P/S: 3.6x (E FY12/24 ¥5,545 MM) 2.8x (E FY12/25 ¥7,000 MM) Guided sales growth: 35% y/y in FY12/24, 26% y/y in FY12/25 The company is not yet operating profits positive. Simply as a reference, AI startup …
alt (260A): AI Breakthroughs: but how to grow from here? Read More »
This will be a short note with an emphasis on a “one-time event” catalyst. I believe there is a strong possibility that this event will drive the stock price higher. However, I also want to ensure that the company can grow its fundamentals without relying on the occurrence of this event. First off, a brief …
Tokyo Century (8439): ROE recovery + Event-driven share price appreciation Read More »
Founded in 1912, Kanro with ¥49 bn market cap, is well-known for its “Kanro Nodo Ame” throat drops. The company entered the gummy candy market 20 years ago which has since grown to become a core profit earner. Candies may not be as trendy as AI, but the confectionery industry is experiencing solid growth, supported …
Many investors have avoided Sankyo and other pachinko companies for a long time and for good reasons. The industry is considered risky due to several factors, including demographics, competition, and regulations. Since my original report on Sankyo as of 1/26/24 (available in this site), the stock appreciated by around 20%. The stock was down by …