SHIFT Inc (3697) is a fast-growing company in a growing sector. It has a tailwind, meaning it also has fans and a high multiple. However, a recently announced stock split likely means a big index add.
What is covered in the Full Insight:
Introduction
Company Background and Growth
Nikkei 225 Inclusion Potential
Trading Dynamics and Market Position
Conclusion and Investment Outlook
Boomeranged on Mon, 20 Jan 2025 12:23
SHIFT has gone through earnings, surprised to the upside, and is up 10% since when I wrote. The 15:1 stock split which a) makes the Nikkei 225 inclusion (3rd choice in March) possible, and b) makes it cheaper for retail to trade (currently, you pay ¥600k upfront to buy 1 round lot on margin, or ¥2.08mm in cash) is effective Weds morning. I'd want to own before. Growth and float squeeze in one.
SUMMARY
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