bearish
StubWorld: Keisei Electric's Big Gain On Activist Stake News
580 Views26 Nov 2024 09:53
Keisei has no interest in any large OLC divestment. I see the Keisei/OLC ratio at a three-plus year high. For me, the trade here is to sell/short Keisei.
What is covered in the Full Insight:
- Keisei Electric's Stock Reaction
- Activist Investor Murakami-San's Strategy
- Oriental Land's Market Influence
- Keisei's Position Relative to Peers
- Investment Strategy and Considerations
Boomeranged on Wed, 27 Nov 2024 07:50
Oriental Land (4661 JP) has announced a ToSTNeT-3 buyback of 18mm shares (0.99% of shares out),. Keisei will sell, yet will keep OLC as an equity method affiliate by staying above 20%. Keisei gets cash, but don't expect any special divvy; perhaps a buyback once Aeon has stopped buying. In tandem with Murakami allegedly buying, I'd tilt more bullish on Keisei here. Read more in "Discussions" below.
SUMMARY
(Sign Up to Access)Begin exploring Smartkarma's AI-augmented investing intelligence platform with a complimentary Preview Pass to:
- Unlock research summaries
- Follow top, independent analysts
- Receive personalised alerts
- Access Analytics, Events and more
Join 55,000+ investors, including top global asset managers overseeing $13+ trillion.
Upgrade later to our paid plans for full-access.
or
Already have an account? Sign In Now
Full Insight
(Paid Plans Only, 3-minute read)
Discussions
(Paid Plans Only)
Price Chart(Sign Up to Access)
- Oriental Land ToSTNeT-3 Buyback From Keisei (9009) - It's In the Plan And Looks Better Than It Is26 Nov 2024
- [JAPAN ACTIVISM] Keisei Elec (9009) - Murakami Stake Causes Pop But the Oppty Is Still Unconvincing26 Nov 2024
- Keisei Electric Jumps 14% on Reports of Murakami Stake25 Nov 2024
- [JAPAN ACTIVISM] Keisei Elec (9009) AGM Result Not Salutary, Tough To Win On This Stance11 Jul 2024
x