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Sumitomo Corporation (SSUMY)

Other OTC - Other OTC Delayed price. Currency in USD
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14.10-0.21 (-1.47%)
At close: 03:59PM EDT
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  • D
    Dennis stocks
    With sumitomo coming off a strong prior 12 months and forecasting 290 yen per share EPS for the current fiscal year you have to wonder what it’s going to take to get a buyback going on a company trading at 8x earnings with a 5% dividend with a 12% ROE on a stock trading 0.7x a very conservative book value.
  • S
    SST
    Financial results to be released on May 10, for all of 2021.

    https://www.sumitomocorp.com/en/jp/ir/calendar
  • D
    Dennis stocks
    Welcome aboard Buffett. Yes, Sumitomo is one of the cheapest stocks n the world. It’s the largest cable company in Japan, owns a boatload of real estate, owns the HSN of japan as well as timber assets in Russia, farmland globally and tons of metal mines globally. Welcome aboard. Now take a look at NTTYY and get into that name too.
  • J
    John
    Bought some shares today, interesting company.
  • D
    Dennis stocks
    SSUMY remains in my kind the best way to play the commodities trade. If commodity prices (priced in USD globally) continue to climb, SSUMY stands to benefit greatly. For food inflation, grocers like KR IMKTA and Albertsons are great options
  • D
    Dennis stocks
    Nice quarter at ssumy. Sure Buffett will be happy. Raised dividend and we are now at a 5.5% dividend yield. Not too shabby for all those hunting for yield
  • J
    Joseph
    Did Warren Buffet buy this?
  • J
    J
    i bought a bunch of cheap, forgotten about japanese stocks a few weeks ago for a longterm hold. never thought they would start getting attention like this
  • W
    Will
    With land, in Japan, this beautiful looking corporation has it all. Opportunities are outstanding.
  • W
    Will
    Many facets of business. Sumitomo is proud and with land.
  • W
    Will
    So legit and diversified, with land. Easily the best value for foreign stock on market. Domo Arigato!
  • J
    John
    Bought some more.
    Regards
    John
  • W
    Will
    My Samurai Warrior this Corporation, hold ground and protect while prospering.
  • D
    Dennis stocks
    Decent article on Bloomberg about Buffett’s investments in the big Japanese conglomerates going well. My itochu has done well along with Mitsubishi Corp but sumitomo hasn’t done much. Guys I’m happy to collect my 4.5% dividend in SSUMY as well as 4.5% in MUFG and 4.75% dividend in mizuho. In a world of no yield, seems like owning these names is ridiculously cheap no brainer
  • D
    Dennis stocks
    In my mind I meant
  • W
    Will
    $NMR conversation
    $NMR and $SSUMY should fund together.