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Strategies & Market Trends : JAPAN-Nikkei-Time to go back up? -- Ignore unavailable to you. Want to Upgrade?


To: James Strauss who wrote (3450)8/26/2003 4:12:04 PM
From: Crossy  Respond to of 3902
 
James, re: 2598.J (Asahi Softdrinks)
thx for the TA comments again..

I read some encouraging news about them (coffee drink sales more than doubluing this year), then I checked www.corporateinformation.com about their ratios - confirmed the 60% gross margin. Then I saw their restructuring (pension charges all at once, US style) completed by 2002..

I missed the alltime low below 400 Yen but I think this one could climb north of 2000 Yen with a little patience..

rgrds
CROSSY