Many of you will remember that several months back I spent a few weeks very interested in Japanese net-net / net-cash stocks (see all of my Japan articles, including a few in depth ones, here). While my results to date have been (admittedly) quite disastrous and I’m quite concerned about a potential yen weakening, I still think there’s plenty of deep, deep value to be found in Japan.
With that in mind, I suggest checking out this excellent list of 16 deep value Japanese stocks over at valueprax.
PS- I’ve found two exciting new longs. Analysis to come early next week once my orders have been filled.
Bringing you the content on this site involves a significant amount of time and effort. If you like my work, please support my site by shopping at amazon.com! Doing so costs you nothing (the prices are the same as if you went to amazon directly) but results in referral fees for me that I use to support my site.
Disclaimer
The content contained in this blog represents only the opinions of its author(s). I may hold long or short positions in securities mentioned in the blog. In no way should anything on this website be considered investment advice and should never be relied on in making an investment decision. Read that last line again. Also, this blog is not a solicitation of business. The content herein is intended solely for the entertainment of the reader and the author(s).
Related posts:
Follow me on Twitter
It takes a big stomach to trade Japanese net nets. They are so cheap balance sheet wise, yet continue to drop and drop in price. There is little chance these companies will go bankrupt, however without the activists to try and suck the assets out, there doesn’t appear to be a catalyst to turn these stocks around.
I question whether Graham net-net criteria is usable in the Japan markets. They just seem to carry more assets the US stocks do and will continuously appear on net-net screens.