5983 Iwabuchi

Japan Guru
Sep 15
1 min read

The company is the leader in metal fittings for overhead power lines and has a near monopoly on the market for metal fittings for traffic signals. It also expands into the fields of CATV and information and communications.

3 Comments

Japan Guru

Sep 15

SENJIN CAPITAL PTY LTD reports 5.12% stake in Iwabuchi <5983> [TSE Standard], exceeding 5% on Sep 5. Filed with MoF on Sep 12

https://x.com/japan_cap/status/1966419520144429511

Japan Guru

Sep 15

"These illiquid small caps aren't worth chasing. I own this as a basket position and have for over a year. Sold 15% of my position today because it ran up on no news, but holding the rest"

https://x.com/AltayCapital/status/1963477199731794176

Edited

Japan Guru

Sep 15

at 9160 yen/share, 10 bil yen mkt cap vs 10 bil yen net cash

18.6x per / 0.5x pbr / 3.06% yield