Japan Nikkei index is at 14500 today, and expect to reach as high as 18000 in the next 18 months...
This $1.50 recap deal would have been written up back when the Nikkei was languishing at 12500 and GJT net tangible asset was at $3.62
Since then, plenty have change.. Tokyo won the right to host summer olympic, index jump 2000 point, NTA over $4, Abe won a lanslide election with mandate to continue printing money.. Yet management still insist on $1.50 as if these good news count for nothing..
Iam expecting NTA to be above $5 by the end of this year. When GJT properties get revaluate.
Vote NO to recapitalising at $1.50
Don't listen to mangement scare mongering tactics... Our shares are worth much more than a mere $1.50
GJT Price at posting:
$1.56 Sentiment: Hold Disclosure: Held
