🎌 Stock Focus : CVS Bay Area [2687]

 

The company used to operate convenience stores as a Lawson franchisee but sold most of its stores to the former in 2018, realizing a one-off record EPS of ¥770 in Feb '19 . It now runs only 7 stores & mainly operates 6 capsule hotels & a main BAY Hotel complex with easy access to Tokyo Disney Resort. Other minor business segments include mansion front, cleaning & real estate management services. I am targetting purchase to earn the Feb & Aug dividends of ¥10 each, comprising a yield of 1.5-1.9% each half year. 

It's interesting to note that the major downtrends from '06-'11 & from '13 to '20 which lasted about 6 years & 6.5 years respectively may suggest to some that the next major bottom would occur around Aug '29 based on the most recent peak in Aug '23.  

On a separate more somber note, a gold bug Clive Thompson, who was obviously unsettled by the vicious plunge in the metals markets on Friday, analyzed all the Dow crashes going back to 1885 & the gold & silver market  crashes going back to 2000 & these are his data results: