re : 6974.J - NIEC - Nihon Inter niec.co.jp
Last quote - 422 Yen (+12%) - quote.yahoo.co.jp
bigcharts.marketwatch.com
Analyst meeting held and company raised guidance materially. Stock shot up to close at a new 2 (or even 3) year high - 422 Yen (+12%). Even at this level, NIEC is still only valued at historic (TTM) PE of 22 and a Price / Sales Ratio of less than 0.50. This is one of the best performing Japanese stocks now and a great performer of my portfolio of Japanese stocks. Until now only one "BUY" recommendation out. With the recent performance and the new guidance you can expect this company moving onward. Historically it traded as high as 1000 Yen - even more - in the beginning of the 1990ies..
Applying some TA, the next level of meaningful resistance should be around 550 yen, the old high from 1996..
For those of you versed with the japanese language and it's textual representation, here are the links, a rather "crude" bablefish translation is pasted below :
biz.yahoo.co.jp
Japan appraises inter- 400 Yen recovery and profit recovery
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Japan of the Tokyo Stock Exchange 2 section presentation inter- (6974) consecutively expanded, 5 days placed in 400 Yen level. As for this level although 2 and 3 times you attached instantaneously 3 years ago, the place where it is repulsed. This time popularity got together from recovery of the profit. The same company balancing of accounts explanatory meeting did on the 20th of front week. The among those, Chairman Maggi emphasized the profit of the same company is transitive according to plan. Management reformation of the American type such as cost cutting and remuneration system of achievement gearing type develops, the present term connected operating profit anticipates 44% increased profits. Relation for IT * national welfare between the automobile pulled the profit of the same company. The among these the plasma * display * panel (for the PDP) the leading product of the same company extended substantially. In addition also the rectifier diode grows attendant upon the electrification of the automobile. The same company production increase of the Korean PDP and the liquid crystal et cetera has become tail wind
headlines.yahoo.co.jp
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Japan inter- <6974> jumped, this month 9th renewed 389 Yen beginning of the year coming high prices at a stroke. Analyst explanatory meeting is held on the 20th, appraisal has increased. It continues to the previous term and by the fact that the diode expands, period of March of 2004 (connection) the gross sales 29000000000 Yen (prior-term ratio 8.1% increase), recurring profit 2000000000 Yen (the same 87.6% increase), net income 1050000000 Yen (33.8 Yen) has planned 1 stocks profit. If it achieves, the connected recurring profit past after 18 years becomes the highest benefit renewal. Resumption of dividend of year 5 Yen is executed in the previous term, it is the policy also the present term continuing. Concretely the Schottky * barrier * diode (the SBD), the first * recovery * epitaxial * diode (the FRED) has extended. As for the SBD you say with the part which from interchange is converted to direct current, it is used in the ƒfƒWƒJƒ and the note PC et cetera. On one hand, the FRED finishes to enter the switch and it is something which is done quickly, it is used in order and the like to start projecting the picture of the PDP. On company side the occasion of explanatory meeting, " operating day of the FRED had assumed with 90%, productivity 10% is reinforced the present term " and so on. (H. W) (the radio it is it is the ‚Ï)
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