Rulence Research

Equity research focused on cash-flow durability, valuation & long-term quality.

[Made in Japan 🇯🇵 @InvestInJapan]

Japan makes the best eyewear!

This was a really interesting clip coming from a luxury eyewear veteran. He put T Henri as S-tier and mentions its bc they use a great factory in Japan. Notice 2 of the top 4 are ‘made in Japan’.

He even goes to grading Oliver Peoples as an E suspecting they moved manufacturing from Japan to China.

There is only one luxury eyewear pure play in the public markets and that is Japan Eyewear Holdings. $5889.JP

Disclosure: I own

[Rulence Research @rulenceresearch]

New Thesis : Japan Eyewear Holdings (JEH - TSE:5889 ),
🇯🇵 #smallcap a luxury eyewear makers. https://t.co/vun8QLPYVh

[Rulence Research @rulenceresearch]

New Substrack : POPER (TSE: 5134) 🇯🇵A Japanese micro-cap SaaS digitalizing cram schools.
Sold off twice
- once on its own transition plan,
- once in the software crash.
Full thesis :https://t.co/uchO7axFl1

[Rulence Research @rulenceresearch]

@Emmanuelle_IDL J’ajouterai que Pascal praud, la locomotive de la chaîne, n’a plus de contradicteur dans son émission ( Gilbert, dartigolles etc). Il est en roue libre et beaucoup moins agréable à écouter le matin. Le soir avec G-W Golnadel et praud qui monopolise la parole c’est indigeste.

[Rulence Research @rulenceresearch]

@hkuppy @PatrickCeresna Great podcast !!

[Rulence Research @rulenceresearch]

New investment — Interparfums $ITP.PA , $ITP
• Capital-light model
• Long-life fragrance blockbusters
• Strong cash generation
🔗 https://t.co/RUEwKidHHV

#EquityResearch #Investing

[Rulence Research @rulenceresearch]

+50% and +43% in JPY over one year on two Japanese small caps.
But returns look very different in EUR and USD.
FX matters more than most investors think.

[Rulence Research @rulenceresearch]

** New additions to my portfolio**

📌 Katitas Co Ltd (8919) – Bought at ¥2188 (31/01/2025)
📌 JAC Recruitment Co Ltd (2124) – Bought at ¥660 (12/02/2025)
Let me know if you want a deeper analysis!💡

[Rulence Research @rulenceresearch]

@pglangfool @mean_field_zane @grok I love your uncle Milton sticker !

[Rulence Research @rulenceresearch]

@michaeljburry As a retail value investor, I’ve learned an enormous amount by studying 13F of the best. Your deep-value ideas and Your Hospital & Prison stocks are going to be deeply missed. Thank you, Wishing you the best in this new quieter chapter

[Rulence Research @rulenceresearch]

@DestinationTele @DestinationTele Et elle était au collège dans le privée à Lens à 15 minutes de voiture d’Hénin Beaumont. Idem pour le Lycée. (J’ai grandi dans cette ville) Elle an rien en commun avec les habitants d’Henin Beaumont et elle ne les représentent pas

[Rulence Research @rulenceresearch]

@F_Compounders This if from the snowball ?

[Rulence Research @rulenceresearch]

** New additions to my portfolio**

📌 Katitas Co Ltd (8919) – Bought at ¥2188 (31/01/2025)
📌 JAC Recruitment Co Ltd (2124) – Bought at ¥660 (12/02/2025)
Let me know if you want a deeper analysis!💡

[Rulence Research @rulenceresearch]

Portfolio Update !

[Rulence Research @rulenceresearch]

📈Sold today at SEK 140. >100% return. 💵💵💵

[Rulence Research @rulenceresearch]

New investment case on Substrack #smallscap: Zinzino AB a nordic dietary supplements provider :

"Why bother with healthy habits when you can just take a pill? are we choosing convenience over responsibility?
Price : SEK 70 -> Target price : SEK 120
👉👉https://t.co/vusne2nyjP

[Rulence Research @rulenceresearch]

@destinationcine @destinationcine j’ai une question 🙋‍♂️
Est-ce que ces flops font perdre de l’argent aux preneurs de risques ( producteurs etc) ou les subventions leurs permettent d’être dans le vert ?

[Rulence Research @rulenceresearch]

@thomas_guenole @TPMP @thomas_guenole Prêt à encaisser toute les humiliations pour revenir !

[Rulence Research @rulenceresearch]

@thomas_guenole @TPMP @thomas_guenole le piège s'est refermé !

[Rulence Research @rulenceresearch]

#SmallCaps #MicroCaps New Addition to My Portfolio FONDIA OYJ: I’m Buying at €6.2 with a Target of €8.6!

[Rulence Research @rulenceresearch]

New investment case Zigexn Co Ltd 3679 : https://t.co/xXoukgG6VK
buy at JPY 618 sell at 950.