Sharp: Reminders of Sanyo (And that Didn't End Well)

Independent Insight Provider

Hao Wang, CFA

Event-Driven

<p>After a series of news reports recently on Sharp about potential spin-off of the LCD business to INJC, debt waivers by major banks and a merger of white goods business with Toshiba all elements of which have been denied by the relevant parties, we have seen huge volatility in Sharp's share price. Forecasting share prices will be very difficult from now as Sharp's management seems more willing to cooperate and partner with others even giving away their LCD business, which may kill short sellers. </p><p>…</p>

After a series of news reports recently on Sharp about potential spin-off of the LCD business to INJC, debt waivers by major banks and a merger of white goods business with Toshiba all elements of which have been denied by the relevant parties, we have seen huge volatility in Sharp's share price. Forecasting share prices will be very difficult from now as Sharp's management seems more willing to cooperate and partner with others even giving away their LCD business, which may kill short sellers. …

Sharp: Where Are We Now After All This News

Sharp Corp

Sharp: Where Are We Now After All This News