1Yr·

$6501 (-3.4%) Why has the price of many Japanese shares fallen by 80% today? I have already noticed 3 of them. Did they all have a split at the same time today?

19 Comments

Staatsmann@Staatsmann

1Yr

There are some regulations for Japanese shares as to when they may split. In other words, which months, which dates, etc. Therefore all at once.

•

Hennington Research@HennRes

1Yr

5:1 Stock Split laut Bloomberg Terminal

•

Patrick Schäfer@Hotte1909

1Yr

@HennRes with all three?

••

Patrick Schäfer@Hotte1909

1Yr

@HennRes Google didn't spit out anything about a split so I was surprised

••

Hennington Research@HennRes

1Yr

@Hotte1909 According to Bloomberg Terminal, the 5:1 stock split at Ebara was not supposed to take place until July 1, which is strange. Let me do some research

••

Hennington Research@HennRes

1Yr

@Hotte1909 otherwise yes the two have stock split

••

Joris@JorisInvests

1Yr

@Hotte1909 not all at that ratio. Asics is going from 790million to 3 billion shares. But bot are announced for the 1st of July and Ebra for the 5th, so why the values changed so early is a mystery to me

••

Hennington Research@HennRes

1Yr

@Hotte1909 I don't think you'll find much on Google either, but I have Bloomberg Terminal anyway so no panic my friend :)

••

Patrick Schäfer@Hotte1909

1Yr

@HennRes Hitachi but also actually only on 1.7 therefore I had found nothing

••

Hennington Research@HennRes

1Yr

@Hotte1909 no Hitachi is today :)

••

Patrick Schäfer@Hotte1909

1Yr

@HennRes the Japanese are still driving me crazy 😉

••

Leo Loosen@Leonard

1Yr

@HennRes So Hitachi is already on today, but the other two aren't actually until 1.7?

••

Sponge💰@spongeboy

1Yr

These are just splits, I'll upload a post about them in the future

•

Patrick Schäfer@Hotte1909

1Yr

$7936 asics and $6361 are the others.

••

John@Transporter

1Yr

Mitsui has also split

••

CD@Carpe-Diem

1Yr

Japanese YEN has fallen. $6367 is also in the shit.

••

Anas@risk_minister_341

1Yr

What do you say which japanese stocks should you buy?

••

Patrick Schäfer@Hotte1909

1Yr

@risk_minister_341 so I hold Sony as the only single Japanese stock. The reason is more personal than fundamental. Although I am still quite well up. I started buying in 2014 from time to time in between. There is a split in October and the last few weeks have been really good for Sony. If you want to get in, I would wait for a setback. I currently see the bottom at around 72.5. my personal stop is at 65. if the positive trend continues, however, I will move up to 72. the last buy was at 74.8 2 weeks ago

••

GHF@GHF

1Yr

@risk_minister_341 $8053, $8002 and $8001

••