JAPAN-Nikkei-Time to go back up? Message Board

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Strategies & Market Trends : JAPAN-Nikkei-Time to go back up?

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To: Julius Wong who wrote (3577)	12/1/2003 5:50:04 PM
From: Crossy	of 3902

re: Asahi Softdrinks - 2598.J - New 52wk high - 603 Yen ok, portfolio position Asahi Softdrinks closed at a new 52 wk high this morning - first time it made a close north of 600 Yen this year.. The current fiscal year ending December (unlike most other Jap. companies that report their year end in March) is expected to display an impressive turnaround from a loss of 115 Yen per share last year to a profit of at least 15 Yen per share thanks to some unexpected favourable sales trends of hot products introduced. Next year's brokerage estimate is around 85 Yen EPS. Still looks like a steal under 1000 Yen.. Price/Sales is under 0.15. Also a kind of value unheard in the U.S. bigcharts.marketwatch.com rgrds CROSSY

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