Value Investing Message Board

STOCKTALK

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 Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Spekulatius who wrote (48506)	9/5/2012 10:02:38 PM
From: Spekulatius	Read Replies (1) of 78525

Bought back the shares in Moresco 5018.T at 726 yen. I am not sure why the shares went down again to the low prices a year ago, since the business seems to be doing ok, earnings should run around 90Yen/share this year. Moresco is a Japanese lubricant and specialty chemical company. I think their products like vacuum oils have captive customers that are not likely to switch vendors, at least that is my observation (i work with vacuum machinery too). Moresco is one of the more shareholder friendly companies in Japan, as they seem to raise their dividend (25yen last year) and communicate with shareholders via presentations (in Japanese unfortunately) rather than jut the sparse regulatory releases. investing.money.msn.com

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next