SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Value Investing

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
From: Spekulatius6/18/2011 7:36:12 PM
  Read Replies (1) of 78751
 
car suppliers - NHK Spring (5991.T) looks pretty good. 82Yen in 2011 earnings, shares are currently at ~750Yen. They have no net debt. P/B ~1.2. Earnings are back to peak levels. The ROA levels are fairly comparable to US or European companies.

Products: Springs, Car seats, precision components (disk drive suspensions) and some industrial equipment. They generated almost 50% of their earnings in Asia (ex Japan)

A better long term track record than most. Their earnings are probably affected by the disruptions in Japan for 1-2 quarters but I hear that Japanese car productions is back to 90% of pre-Tsunami levels, so I think this will turn out rather temporary.I am looking to buy some close to 700 Yen, the chart shows that they bounced of from this level a few times.

moneycentral.msn.com
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext