Search for 100 bagger (100x stock)! August 23, 2021 issue
【This week's video is here】
※ Approximately22 minutes long.
1. Sakurada Memo
Outlook for the shipping three major stocks still brisk
August trading in the stock market has been lackluster, with the Nikkei Average and the Mothers Index showing weak momentum. The August decline anomaly remains valid this year as well, and while the overall market is not rising, there is a sector that is the only one showing vigor.
That sector is the shipping sector.
This time we will share the outlook for the three leading shipping stocks that have recently shown notable price rises.
① Mitsui O.S.K. Lines, Ltd. [9104]
② Nippon Yusen Kabushiki Kaisha [9101]
③ Kawasaki Kisen Kaisha, Ltd. [9107]
We will start with the conclusion this time as well.
【All companies】 Shipping stocks exhibit high profit volatility and a high standard deviation, making price calculations using the dividend discount model (DDM) difficult, and it is impossible to price in future profits. The current stock price is supported by the current profit level and the absolute amount of shareholder returns (at present the dividend yield). In investment theory, these are stocks difficult to hold for the long term, so they must be approached on a trading basis (1 day to several weeks).
The relative ranking of the stocks is in the following order
