Shinko Electric fell in price the last few days, culminating in a big move today on a different Asia deal break, taking the deal to 9.5% gross spread. That sets up attractive annualised returns.
What is covered in the Full Insight:
Introduction to Shinko Electric Takeover
History and Analysis of Past Articles
Current Market Situation and Analysis
Projected Returns and Risks
Concluding Thoughts and Trade Strategy
Boomeranged on Mon, 16 Dec 2024 21:48
Earlier this month, specialised media wrote saying it looked like Shinko approval by SAMR would be forthcoming as local 3rd party objections were limited. That sent the shares up sharply, and they have stayed at ¥5,500 since. That leaves us with 7+% gross spread and 38% annualised return to a late Jan25 start. That seems too wide. Year-end is "scary" but this is juicy and Jan1 new pads beckon.
SUMMARY
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