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Hyakugo Bank Ord Shs HYKUF

Financial Services
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

Hyakugo Bank Ord Shs > Train wreck
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Comment by auburn2on May 12, 2022 6:54pm
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Post# 34679797

RE:Train wreck

RE:Train wreckOnly positive is the low valuation against book, and what these assets with strong met coal pricing. The company should be sold.

As others are noting:

"We expect to recognize the full impact of higher-priced sales in 2022 as realizations improve significantly over the 2021 contract and spot market prices"

How does that reconcile with what is happening now? How could they deceive us so badly just 2 months ago in March?
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