In today’s briefing:
- Investors Do Not Want to See A “P/B Improvement Plan” That Follows a Template
Investors Do Not Want to See A “P/B Improvement Plan” That Follows a Template
- TSE’s request to raise P/B was issued March end, and the number of companies that have disclosed their improvement measures is still low, at only about 30% of all companies.
- Companies are likely to use good examples, but because the factors that increase share price vary from company to company, companies must offer their own solutions to their own situations.
- Investors don’t want to see “P/B improvement plan” that follows the template, but want to see compelling measures that demonstrate cash flow growth, which is based on share price appreciation.