In today’s briefing:
- After Selling the Property, There Appears to Be No Set Plan for How the Cash Will Be Used
After Selling the Property, There Appears to Be No Set Plan for How the Cash Will Be Used
- The need to obtain investment capital for future business development or the presence of stakeholders with a strong desire to improve asset efficiency may be the catalyst for selling property.
- Of course, cash should be used to return to shareholders, but the stock market expects more profit growth, so higher profit margins and ROE are required.
- The data from Ministry of Finance indicates that cash still hasn’t been spent on investments. Cash appears to be currently being used reluctantly for investments that will generate future profits.