Janeo

Nishikawa Rubber attracted the attention of an activist in 2020 (https://www.businesswire.com/news/home/20200616006047/en/RMB-Capital-Proposes-Share-Buyback-at-Nishikawa%E2%80%99s-Annual-General-Shareholders-Meeting). They didn't get anywhere unfortunately but there's someone watching out for the shareholders now.

Mainly Asian cigar butts. ELF E-L FINANCIAL TRE TREASURE ASA USAP UNIVERSAL STAINLESS & ALLOY HSON HUDSON GLOBAL 1122 QINGLING MOTORS 1127 LION ROCK GROUP LTD 1260 WONDERFUL SKY 2033 TIME WATCH 3828 MING FAI 450 HUNG HING PRINT 517 COSCO SHIPPING 4231.T TIGERS POLYMER 5161.T NISHIKAWA RUBBER 6023.T DAIHATSU DIESEL 6467.T NICHIDAI 7235.T TOKYO RADIATOR 7266.T IMASEN ELECTRIC INDUSTRIAL BTP Baker Technology Ltd. AVM Boustead Projects Ltd J2T Hock Lian Seng

There’s still quite a number of those in Japan and Hong Kong. Some of them held up pretty well against their respective indices over the past few months. But because they didn’t drop as much makes me think their upside upon a future rebound will tend to be lesser also. Interesting to note also is that among the few HK cash boxes/net-nets I own, instead of cutting div, most of them maintained their div and I even saw an increase in some of them.

Bought these cigar butts recently: TYO: 4234 Sun A. Kaken TYO: 5928 ALMETAX TYO: 6467 NICHIDAI

Great initiative! Singapore https://www2.sgx.com/securities/company-announcements Malaysia https://www.bursamalaysia.com/market_information/announcements/company_announcement Japan https://disclosure.edinet-fsa.go.jp/E01EW/BLMainController.jsp?uji.bean=ee.bean.parent.EECommonSearchBean&uji.verb=W0EZA230CXP001007BLogic&TID=W1E63010&PID=currentPage&SESSIONKEY=&lgKbn=2&dflg=0&iflg=0

Yea that's about it. Take a screener and look for low p/b, low enterprise value, multi years low etc then flip them if they go up. I find it hard to track those growth/turnaround/special situation plays so I stay away from them.

Bought these over the past couple of months. 5971.T Kyowakogyosyo Co 7266.T IMASEN ELECTRIC 7614.T OM2 Network Couldn't find an existing topic for HK stocks, but are there any interest in those as well? Bought the below recently too. Available for PM to avoid derailing this thread. :) Computime (HK:0320) Hung Hing Printing (0450:HK) Qingling Motors (1122:HK) Ming Fai (3828:HK)

Hi there, I got interested in the stock after listening to the podcast. So I googled around and found something interesting regarding the 25,000 acres of land. So here's a bio (http://straighttalktv.com/bios/henry_walker.html) of Henry Walker pre-2010. I assumed this because it states that QUCT's AUM is $1.2b and in 2010 the AUM is ~$2b. In that bio, it states that QUCT has a 25,000 acre working cattle ranch, and other commercial/retail investment properties located throughout Southern California. And this is a bio (http://labusinessjournal.com/news/2017/sep/26/money-book-w-henry-walker/) of Henry Walker published in 2017. I quote the relevant parts: "Queen City Investments, a multifaceted holding company that owns F&M Trust Co., California’s oldest chartered trust company with assets under management of $2 billion, a more than 50,000-acre working cattle ranch, and other Southern California commercial-retail investment properties. " Am I missing something here or did the amount of land QUCT owns actually doubled over the past decade? :o

The little red dot, Singapore ;D

Almetax Manufacturing 5928 is also an interesting one. It's a Japan-based company principally engaged in the manufacture and sale of building materials centering on special customers in housing related markets. >30% s/o is owned by a major customer. It's a low ROIC and margin biz but now trading at NCAV and under 40% pb. A decent chunk of non current assets consists of land and investment securities, with each category making up ~40% of current mcap. It pays a ~4% div as well so you're getting paid while you wait. Couldn't help myself and bought some recently ;D

Hey guys, I stumbled upon the online version of the Japan Company Handbook recently. It seems to be a monthly subscription service. Just wondering has anyone tried it before? https://shikiho.jp/stocks/6964/#news_shikiho

Grats! Just to update, added 2 new ones over the past month. 6496.T NAKAKITA SEISAKUSHO 7628.T OHASHI TECHNICA

Nice read, thanks! Did some googling and found the articles on his Christmas picks: https://webb-site.com/dbpub/subject.asp?t=22

Hi there. First time posting and thought I’d give this topic a little bump given the amount of cheap stuff that surfaced/got cheaper due to the poor performance of the JP market over the past yr. Here’s sharing my holdings in hopes to draw out like-minded investors. ;D 2055.T NICHIWA SANGYO CO LTD 3426.T ATOM LIVIN TECH CO LTD 3892.T OKAYAMA PAPER INDUSTRIES CO 4624.T ISAMU PAINT CO LTD 5900.T DAIKEN CO LTD 5951.T DAINICHI CO LTD 5983.T IWABUCHI CORP 6466.T TOA VALVE ENGINEERING INC 6648.T KAWADEN CORP 6943.T NKK SWITCHES CO LTD 6964.T SANKO CO LTD 7399.T NANSIN CO LTD 7521.T MUSASHI CO LTD 7559.T GLOBAL FOOD CREATORS CO LTD 7877.T EIDAI KAKO CO LTD 7902.T SONOCOM CO LTD 8144.T DENKYOSHA CO LTD 9885.T CHARLE CO LTD