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Hyakugo Bank Ord Shs HYKUF

The Hyakugo Bank, Ltd. is a Japan-based company mainly provides financial services such as leasing business mainly banking. The Company mainly operates through two business segments. The Banking segment provides deposit services, loan services, domestics exchange services and foreign exchange services. This segment is involved in the investment trust and insurance counter sales, financial product intermediation, merger and acquisition (M&A) and syndicated loans. This segment is also engaged in the examination and adjustment of cash, the storage and management of documents and accounting books, the survey and evaluation of real estate, the placement agency and personnel management business. The Leasing segment is engaged in the leasing business. The Company is also engaged in the trading of financial products, the credit card and credit guarantee business, the provision of regional industry survey- and consulting-related services, as well as the processing of information business.


PINL:HYKUF - Post by User

Comment by elduckyon May 10, 2022 1:23pm
93 Views
Post# 34671005

RE:Day or two

RE:Day or twoMaybe they magically sold everything at spot, are making $300/tonnes, and will have quarterly cash flow of C$100 million. The insane part is that is a real scenario!

I doubt it obviously. They likely have 50-60% on contract, hopefully very good contracts, anything over $170 is a win, and I expect it could be over $200. We can hope their costs are down to $90 as claimed, instead of the $110 we saw. The rest at spot. 

A more conservative scenario is they are making $100/tonnes, so they are 'only' going to make C$35 million in the quarter. Plus another $20 million for the 5.5 weeks since the quarter has ended to now. Hopefully it's at least this much with no surprises. What are they worth sitting on 40-50 cents/share in cash and growing? More than 65 cents I would assume. 

Hoping for the best. 
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