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Strategies & Market Trends
Mitsubishi Tokyo Financial (MTF)

An SI Board Since May 2003

Posts	SubjectMarks	Bans	Symbol
17	2	0	MTF

Emcee: Elmer	Type: Unmoderated

Introduction Market Data Compact

Mitsubishi Tokyo Financial (the old Bank of Tokyo) is one of the largest and, by conventional wisdom, financially strongest of the Japanese banks.

Last week, the Nikkei 225 index hit a 20 year low. However, over the last 18 months, the Japanese banks have managed to significantly under perform that average. Mitsubishi Tokyo Financial is down over 60% in 18 months. If Japan's economy ever becomes healthy, this stock could benefit significantly. It has a somewhat questionable book value of $3.18/share and is one of the cheapest international stocks currently on a price to sales basis.

Is there any hope for this one or is another 20 years of declines ahead?

Go to reply# or date (mm/dd/yy):

Reply	Message Preview	From	Recs	Posted
17	Yes MTU is correct.	JakeStraw	-	12/21/2005
16	Mitsubishi UFJ is off to a heck of a start! It trades under the symbol "MTU	Condo	-	12/21/2005
15	World's Biggest Bank Debuts in Japan biz.yahoo.com Sunday October 2, 4:44 a	JakeStraw	-	10/3/2005
14	It is having an amazing run. Sadly, I sold out at about $5/share.	Elmer	-	8/28/2003
13	It broke below 500,000 yen on the Tokyo Exchange last night and closed at 483,00	Elmer	-	8/7/2003
12	The New York share price is out of sync with the Tokyo exchange. It closed on To	Elmer	-	7/14/2003
11	While I generally don't subscribe to chart reading, it's all I have to g	Elmer	-	7/11/2003
10	A good find if Japan gets better from here, as it should. MIKE	Michael Young	-	7/10/2003
9	If I had to guess, it may bounce off the 50 day moving average which is about $4	Elmer	-	7/10/2003
8	The stock in the US was up 41 cents today or about 8%. It closed at its 200 day	Elmer	-	7/2/2003
7	The stock appreciated by 9,000 yen in Tokyo last night even though the Japanese	Elmer	-	6/26/2003
6	It closed above 500,000 yen in Tokyo. I'm hoping next resistance is 600,000.	Elmer	-	6/9/2003
5	a better view. stockcharts.com[l,a]dacayyay[pb50!b200][vc60][iUb14!La12,26,9]&am	Elmer	-	6/4/2003
4	I hope the breakout if for real. dbc.com	Elmer	-	6/4/2003
3	Actually the secondary went out at 475,000 yen. quote.yahoo.co.jp	Elmer	-	6/3/2003
2	Today it is trading at the level they did their secondary offering in the first	Elmer	-	6/2/2003
1	Dow Jones Business News Japan Bank Shares Soar On BOJ Stock Buying Report Wednes	Elmer	-	5/1/2003

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