bullish

Tomony Holdings (8600 JP) - Regional Bank NEW SHARE Issue - Not What You Want To See, But Buy Anyway

699 Views17 Dec 2023 12:51
High-ish ROE Tomony Holdings just priced a large, dilutive equity offering to raise equity at 0.27x book to make more loans. Or so they say. I say... "Maybe." But shares collapsed. Now you can buy.
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, 15-minute read)
Discussions
(Paid Plans Only)
chart-bar
x