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Mitsubishi UFJ Financial Group ADS Rep 1 Ord Shs V.MTU


Primary Symbol: MUFG

Mitsubishi UFJ Financial Group Inc is a Japan-based Company mainly engaged in financial business. The Company has eight business segments. The Digital Services segment provides non-personal transactions financial and digital transformation services. The Corporate & Retail segment provides financial, real estate, and transfer agency services to individuals and corporations. The Corporate Banking segment provides above services to large Japanese corporations in Japan and overseas. The Global Commercial Banking segment provides financial services to small and medium-sized enterprises and individuals at foreign commercial banks. The Fiduciary Assets segment provides asset management services to investors and asset management companies in Japan and overseas. The Global CIB segment provides financial services to large non-Japanese corporations. The Market segment provides foreign exchange, fund, securities, and cash management services. The Other segment provides administrative services.


NYSE:MUFG - Post by User

Comment by Heywood_Silverson Jun 16, 2021 6:26pm
240 Views
Post# 33399571

RE:RE:RE:l like this story!

RE:RE:RE:l like this story!I do not currently own AGI.  My general investing philosophy is to buy the juniors at depressed prices and wait until a buyout whereby they "buy" shares of the mid-tiers and seniors at a discount.  Then, I get some dividends whilst I hold my shares of the acquiring company.

I would put the odds of an Alamos buyout in the 60% range.  There could be other sutiors ultimately, but once you see an entity take a strategic stake in a junior that sorta tips their hand where they think the future lies.

As far as MTU management goes, I've talked with Pat Dubreuil but Richard Murphy has more or less ignored me.  I suppose if you have any burning questions you could always call the investor relations number shown at the MTU website.  Many of the smaller juniors offer the opportunity to talk directly with the CEO.

I do hope that MTU has finally found the juicy targets to drill on their recently acquired land package.  They used to be drilling out other targets, but recently it has been the BDZ.  Let's hope the drill program leads to the formative steps towards delineating a sizable deposit en route to a flagship property.  We are still early innings in this one, they are trying to find their bearings as to where time and resources need to be directed.  But, they are in the right neighbourhood where other high grade deposits have been found.
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