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Hyakugo Bank Ord Shs HYKUF

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 auburn2on Mar 02, 2022 5:52pm
159 Views
Post# 34476959

RE:RE:RE:RE:RE:RE:opinions

RE:RE:RE:RE:RE:RE:opinionsSays right in their financials the plant and property has a book value of C$154 milllion after impairments, but a cost value of C$403 million. The last figure is about how much it would cost, but in truth it's probably more now as inflation has everything going up in price.

The company should be a great hold over the next few months, with a reasonable $2 near-term target. You don't want to let the volatility take you out of your shares til a reasonable gain is achieved.

I bought TXP recently at $1.50, and it was sold down to $1.44 before moving to $1.68 yesterday. Lots of volatility to get shaken out for those who don't properly know what they own. That's how markets are.
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