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Last Week in Event SPACE: NTT, Delta Electronics, Fortescue Metals, Nomura Real Estate
405 Views29 Jul 2023 23:05
SUMMARY
- 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.
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