When the BoJ raised rates in March, it had been 17 years since it had last done so, though the world was very different then. While the July rate hike was unlikely to move the economic needle, the question now is what else might follow the subsequent financial market maelstrom. Pelham Smithers discusses the outlook for Japan’s macro environment, what new fiscal policies the new PM might introduce, how the BoJ might react and the all-important trend in corporate earnings. This then leads us to...
18 months after many Japanese mid-sized enterprise software stocks were sold off, many remain more than 50% lower than their peaks. And yet, these companies continue to grow strong sales. In this report, we take a look at 11 of these companies and at the extent to which their operating performances are reflected in their current valuations.
Japanese SaaS and small to mid-sized IT company stock prices have taken huge hits since the market sell off started in mid-November. We take a look at a range of companies and how attractive they are looking now valuations have tumbled.
Sansan has been impacted by the pandemic more than many other SaaS firms. Having tumbled more than 70% over the past three months, it is now nursing a market cap lower than that of its IPO. Valuations wise it is looking very attractive but it could be a bumpier road to recovery compared with other SaaS.
Previewing Sansan’s FY21 Q2, we are looking for brighter signs of a return to face-to-face meetings, essential for faster growth at the company’s eponymous Business Card Digitization business. However, even without such evidence, we expect the company to meet consensus expectations.
After a brutal day in the market on Monday 6 Dec, analyst Lindsay Whipp highlights those with strong earnings and undemanding valuations . Tags: SoftBank Group (9984 JT), Money Forward (3994 JT), Freee KK (4478 JT), Rakus (3923 JT), Chatwork (4448 JT), Enechange (4169 JT), Sansan (4443 JT), Medley (4480 JT), JMDC (4483 JT), Cybozu (4776 JT), PKSHA (3993 JT),
Full Article at IIR has reaffirmed its Recommended rating for PIA after undertaking a review post the appointment of a new Portfolio Manager, Harding Loevner. The full report can be found on the IIR website. On 26 July 2021, Pengana International Equities Limited (PIA) announced a fully franked dividend of 1.35 cents per share for the June quarter. This represents an 8% increase on the March quarter dividend and takes the total dividends declared for FY21 of 5.1 cents per share, fully franked....
Sansan’s share performance this year has been sluggish compared with other small-cap SaaS players. In this report, we outline why its fundamentals are just as good – if not better – than its peers. This could pique investor interest as the broader SaaS market looks increasingly inflated, demanding stock picks over momentum.
Anyone puzzled by how exactly Sansan has managed to build a $1.4bil market cap business out of the piles of meishi gathering dust on desks throughout the land can unfurrow their brows. PSA’s enterprise software analyst Lindsay Whipp in this Sansan initiation report explains the company’s journey so far and sets out the exciting prospects as it moves to being a Japan-style, LinkedIn-like company.
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