EQUITYOPPORTUNITY

Thursday, March 27, 2025

Incredible Streak : The Odyssey goes ON with🎌#19 Tobishima 飛島 Exiting on a 2nd Disposal ! { 27th Mar '25 }

  It was a tough choice between two 🎌 equities both acquired in 2018 but underperformed thereafter, with Nippon Felt 日本フエルト dropping 33.8% by its pandemic-printed low, while Tobishima 飛島 more than halved from the original ill-time entry very nearly at the 2018 peak! Fortunately, two cost-averaging purchases, & six dividends later, the price was lowered to a tad below ¥1,600 and thanks to generous dividends, the total income surpasses ¥50,000 after today's sale!

  The year's take from the Japanese isles thus pops past  ¥203,000, already exceeding all the full annual winning tallies since my debut eight years ago, save for 2021 & the last two years, the fastest pace to date both in terms of yen amounts & contributors, the combined score now just eleven points distant from the all-time high as at end-'24!  
   I am certainly heartened that yesterday's maiden entry into Eisai エーザイ closed on the day before ex-dividend tomorrow with a paper 'saving' of  ¥ 4,900, more than 1 commission while less recent purchase Sakai Heavy 酒井重工業, a tractor maker, actually covered both commissions on paper by the close, at  ¥ 9,100. Of course, both paper gains are expected to disappear when they go ex-dividend tomorrow morning! Celebrated with lunch at a ' ryotei'  料亭!

 


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