Entered Sanko Co Ltd (TYO:6964)

Took a quantitative bet on Sanko Co. Sanko manufactures mechatronics and plastic components for automotbile and IT products.

Low margin business, strong balance sheet. Dividends. Only ~1200 shareholders according to IR info. Entered at NCAV ratio of 0.6 or 460¥.

 

2 thoughts on “Entered Sanko Co Ltd (TYO:6964)”

  1. This is a great website. I found it when searching for information on a net net stock already in my portfolio that is part of yours also. A question though, would you be willing to recommend a good screening tool for Japanese and Asian equities?

    I’d also be interested in knowing whether any currency hedges are applied when investing in Japanese equities.

    Thanks!

    1. Thanks for your feedback. I do not use any screening tool at the moment. I’ve used Google Finance a lot and am confounded on what to do when they shut down their portfolio service later this month.

      I considered hedging through mini-futures, but dropped the idea some time ago. I am doing this long-term and keep currency accounts, so I figured that the fx exposure is part of the diversification. This also makes me a bit reluctant to make it an only Japanese net-net portfolio.

Leave a Reply

Your email address will not be published. Required fields are marked *