In today’s briefing:
- Last Week in Event SPACE: NTT, Delta Electronics, Fortescue Metals, Nomura Real Estate
![](http://www.smartkarma.com/assets/plugins/a3-lazy-load/assets/images/lazy_placeholder.gif)
Last Week in Event SPACE: NTT, Delta Electronics, Fortescue Metals, Nomura Real Estate
- NTT (9432 JP) will likely buy back more shares than previously expected as the government sells shares down. Buy dips vs peers KDDI and Softbank Corp. This is a long-term tilt.
- There are some doubts over the fate of Delta Electronics Thai (DELTA TB)‘s SET50 membership, at present, but it should escape deletion in December 2023.
- Don’t punt Fortescue Metals (FMG AU) on the off-chance of a change of control in the wake pf the Forrest split. If anything, there might be a leakage of shares.