Japan Deep Value

60% of all listed stocks in Japan trade below book value. Follow me on a journey to explore. *hint* governance matters. Not giving investment advice.

[Japan Deep Value @JapanDeepValue1]

I've been thinking a lot recently about what narratives could modify the euphoric investing landscape to a more moderate or even bearish one.

Simply put I think it goes like this:

Narrative 1: "We cant spend this much anymore"

collides with

Narrative 2: "They wont let us spend this much anymore"

1 is a markets narrative, 2 is a political narrative

[Japan Deep Value @JapanDeepValue1]

@Merridew__ https://t.co/nkzKsPbOBy

[2xdog @2xdog]

@jbooger91 @Buhlaque I think if you want to take a view on it you have to put on your saylor hat and mentally rank strc, mstr and btc. Because the market won’t allow a happy ending for all 3 and he will have to MFK them

[Japan Deep Value @JapanDeepValue1]

@WazzCrypto sounds like a man who has never scammed investors before
https://t.co/xJCc0ouI3m

[Japan Deep Value @JapanDeepValue1]

@Temple_Eight Long dated puts at 75 vol…I’d rather get a root canal. Might as well just short delta at that vol

[Japan Deep Value @JapanDeepValue1]

I did an AI study on what % of DRAM revenue Elipida accounted for within Micron. Elpida, including the former Rexchip/Taiwan DRAM capacity Micron obtained through Elpida, could be 40–60% of Micron operating earnings... so in theory standalone it would be top 5 largest companies in Japan if not close to #1.

[Japan Deep Value @JapanDeepValue1]

@taobanker @stoked_on_waves Biotech had some bangers but the best cash shell trade of all time was APLD

[Japan Deep Value @JapanDeepValue1]

@taobanker @stoked_on_waves I can’t even post the tickers I’m looking at now too small market cap. April 2025 was a very good time to buy corpses. I’ll look at that one thanks!

[Japan Deep Value @JapanDeepValue1]

@e_cdalton @stoked_on_waves People want to surf longer. Wetsuit technology is way more comfortable and flexible

[Japan Deep Value @JapanDeepValue1]

@stoked_on_waves @e_cdalton Watching WWII archive videos. Why is nobody on their cell phones?

[Japan Deep Value @JapanDeepValue1]

@QTRResearch @JCOviedo6 https://t.co/DlFNc22S96

[Japan Deep Value @JapanDeepValue1]

@2xdog 32btc feels about the same size as 80bil hyperscaler equity offering.

[Japan Deep Value @JapanDeepValue1]

@2xdog 32btc feels about the same size as 80bil hyperscaler equity offering.

[Japan Deep Value @JapanDeepValue1]

@MoodyWriter13 This is the worst I’ve ever seen for concentration. As for Tesla the main fear is they Marge it into SpaceX

[Japan Deep Value @JapanDeepValue1]

@Vaelis_X Serenity already tried this and activists sold.

[Japan Deep Value @JapanDeepValue1]

@zephyr_z9 Silver diamond substrate (heat spreader) technology in Japan

[Japan Deep Value @JapanDeepValue1]

@JamieHalse Well said. May there be a bright future for us with many many many delistings

[Japan Deep Value @JapanDeepValue1]

@orrdavid @AltayCapital Yea it’s not a structural growth story (hard in that industry) but also not a cyclical downturn. Purgatory and kept that way by the family who owns full control and probably are incentivized to keep the share low for estate planning

[Japan Deep Value @JapanDeepValue1]

Yea I mean when you look at the failures like Pasona or digital garage they signal the opposite. I agree with you it’s probably a good long term hold but I don’t trust equity investors in Japan. They are just too bearish on domestic mgmt.

You ever look at 7937. Check out the earnings growth and raising divs. Huge net cash. The market has little cares for growing earnings and growing divs in non AI illiquid Japan

[Japan Deep Value @JapanDeepValue1]

@orrdavid @AltayCapital ultimately equity investors want some type of growth. if not earnings than an improving and growing outlook on governance reform, and with the new FSA guidelines and "AI eats the world flow" we are seeing the reform trade transition to "ex growth"

[Japan Deep Value @JapanDeepValue1]

@orrdavid @AltayCapital Yea I know (and held this one) I suppose its a bit extremist frame it how I did. Many companies did improve and re-rate.. but the future expectations for this to grow are likely "over" for now. Many charts look much worse than 6417... although a massive YTD drawdown there too...

[Japan Deep Value @JapanDeepValue1]

@Larryjamieson_ fixed it for you.. since this is basically a really big payday loan

“YOLO hyperscaler equity during a capex boom, so they can pay their employees”