Director, Pearl Hill Advisors

Nicholas Tanner

Director

Pearl Hill Advisors

Equity Bottom-Up

Since our BUY note of end June 2017 the shares are up 15%. First half results came and no real surprise but in the third quarter the company will have reported an gain of close to Y1bn following the 13th December listing of LTS (6560), a consultancy service company in which it owned 15%. Its plan was to dispose of its entire stake at the time of IPO. This will boost profits considerable this year. 3Q results will be out on February 14th and we would expect to see strong growth in profits as a…

Since our BUY note of end June 2017 the shares are up 15%. First half results came and no real surprise but in the third quarter the company will have reported an gain of close to Y1bn following the 13th December listing of LTS (6560), a consultancy service company in which it owned 15%. Its plan was to dispose of its entire stake at the time of IPO. This will boost profits considerable this year. 3Q results will be out on February 14th and we would expect to see strong growth in profits as a…

Dream Incubator (4310) 2 Catalysts to Drive Share Price Higher near Term.