In today’s briefing:
- Last Week in Event SPACE: Sun Corp, Amorepacific, Canon Marketing, Jeisys Medical
Last Week in Event SPACE: Sun Corp, Amorepacific, Canon Marketing, Jeisys Medical
- Expect True Wind to walk away rather than raising their price further for Sun Corp (6736 JP). They’d need to pay ¥5,500-5,800 to dislodge a large chunk. And they won’t.
- Amorepacific Group (002790 KS) plumbs new discount lows as Amorepacific Corp (090430 KS) gets a boost from Amazon Prime Day.
- Canon Marketing Japan (8060 JP) is still significantly under-levered. That means the stock price will generically not be that volatile. That generally means one should buy dips and sell pops.