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Marubeni Corporation (8002.T)

Tokyo - Tokyo Delayed price. Currency in JPY
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1,216.50-4.50 (-0.37%)
At close: 03:15PM JST
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  • R
    Roger
    7,656,600 shares repurchased in April. The total of repurchased shares was 20,882,000, or 1.2% of outstanding.
    Earnings release on this week (May 6).
    Dividend payment to be announced soon.
    S&P raised MARUY to BBB+.
  • J
    Jake
    What’s the difference between this one and MARUF?
  • R
    Roger
    New all time high set today, but still a value @ $15 in earnings. Also need to consider depreciated book value of assets. Also a bargain, considering replacement cost.
  • R
    Roger
    As of 4/1/22 Marubeni repurchased 15,225,400 shares of stock (or approximately 1% of the outstanding) and about 2/3rds of the authorized 30BB yen has been used for repurchases.
    FYE 3/2022 financials to be released early May.
  • R
    Roger
    Price/Book still at only 60%
    Insignificant Intangibles on the Balance sheet
    Bought a long-term position in April under $44
  • G
    Gina
    Part of the group Buffet just bought...
  • R
    Roger
    Today's announcement on selling Gavilon assets appears to be a win/win. Glencore gets their expansion and Marubeni keeps select terminals and all fertilizer assets (complimenting its US agronomic retail business) all while recovering impairments.
  • R
    Roger
    Still holding all shares acquired sub $44. It's been a great 2021, and I still think more upside in '22.
  • J
    Janet
    MARUY should definetly be bought in Yen. (DO IT THROUGH NOMURA PREFERABLY OR FIDELITY ET AL). This is a defensive play that if bought in Yen in effect will pay 15% if you start the transction in U.S. dollars. In U.S. dollars it will yield 0% IMO. I believe Morgan Stanley's chief of U.S. equites Mike Wilson who said this week he expects the U.S. dollar will devalue 10%.
  • J
    Janet
    MARUY. No options available YET. Uncle Warren is involved to the tune of 5%.
  • J
    Johan
    Great stock to hold