月別アーカイブ: 2018年1月

Also here! Real estate brands that benefit from negative interest rate effect, MEIHO ENTERPRISE CO., LTD.

As the article “Negative interest rate effect! Real estate company KI-STAR REAL ESTATE CO.,LTD” described, the performance of real estate companies has been improved due to the effect of negative interest rates.

In this article, we will introduce the second real estate brand name next to KI-STAR REAL ESTATE CO.,LTD. It is MEIHO ENTERPRISE CO., LTD(8927).

Real estate sales business is steady! MEIHO ENTERPRISE CO., LTD

87% of MEIHO ENTERPRISE’s revenue are that of real estate sales business. I think that the company’s overall business performance will continue to grow steadily as the main business is solid.

【Financial statement for the first quarter of the fiscal year】
http://pdf.irpocket.com/C8927/PoNw/niIY/oy2a.pdf

Good performance! Fundamentals

The numerical values paid attention to for fundamental analysis are as follows.

Percentage of sales growth in the fiscal year ending July 2016 to July 2017: 30%
Increase in sales in the fiscal year ending July 2017 to July 2018 (forecast): 2.0 times
Increase ratio of ordinary income in the fiscal year ending July 2016 to July 2017: 32%
Increase ratio of ordinary income in the fiscal year ending July 2017 to July 2018 (forecast): 3.7 times
Increase ratio of ordinary income in the most recent quarter (August to October, 2017): 14 times
Expected ROE: 59.4%

New high price update in progress!

The new high price (466 yen) was updated on December 19, 2017.

Daily chart of MEIHO ENTERPRISE on December 19, 2017

The rise of the stock price due to the improvement of the performance can be expected, because the rise of stock prices accompanied by a large volume on December 19 is seemed to reflect the buying by financial institutions. The article “Negative interest rate effect! Real estate company KI-STAR REAL ESTATE CO.,LTD” introduces almost the same prediction as the KI star real estate.

Re-break out from lost droppings!

(Added on January 27, 2018)

The new high price (495 yen) was updated on January 26, 2018, and the stock price increased by 16.8% based on the high price (578 yen). Although lower prices was attached on January 17, this seems “an intentional drop” by institutional investors. This movement is considered a harbinger of a sharp rise of the stock price.

Daily chart of MEIHO ENTERPRISE on January 26, 2018

The trigger of the rapid rise of the stock price is “purchase of new business land by new loans”.

【News release of purchasing new business land by new loans】
http://pdf.irpocket.com/C8927/UV5D/rAot/qNiL.pdf

【Correction) About partial correction of ‘News release purchasing new business land by new loans’】
http://pdf.irpocket.com/C8927/UV5D/vPAc/AOS1.pdf

The rise of the stock price of MEIHO ENTERPRISE can be expected besed on the the same logic as that of KI star real estate introduced in the article “Negative interest rate effect! Real estate company KI-STAR REAL ESTATE CO.,LTD“. We will continue to monitor the stock price of MEIHO ENTERPRISE.

27.9% up in 5 business days!

(Added on February 3, 2018)

The new high price (495 yen) was updated on January 26, 2018. The stock price of MEIHO ENTERPRISE increased by 27.9% based on the high price (633 yen) at January 31.

Daily chart of MEIHO ENTERPRISE on January 31, 2018

We will continue monitoring the stock price of the MEIHO ENTERPRISE to check whether the stock price will rise.

Caution
The content of this blog is an opinion about KI-STAR REAL ESTATE and MEIHO ENTERPRISE as an individual investor. I am not responsible for losses caused by investment based on the content of the blog.

Thank you,

k-zma

Negative interest rate effect! Real estate company KI-STAR REAL ESTATE CO.,LTD

“When is the impact of negative interest rate policy reflected in the performance of real estate companies?”

22 months have passed since the BOJ decided to introduce a negative interest rate on January 29, 2016. At the time of the introduction decision, the question “What is the negative interest rate in the first place?” was swept over the stock market, but now house purchase examiners (consumers) seems to understand that a mortgage interest rate decreases after the introduction of the negative interest rate.

【Housing Market Trends in 2009】(Japan Housing Finance Agency)
http://www.jhf.go.jp/files/300334232.pdf

Finally, due to the negative interest rate, the performance of real estate companies is increasingly visible. Among real estate companies, I will introduce KI-STAR REAL ESTATE CO.,LTD(3465).

Condominium housing business is solid! KI-STAR REAL ESTATE CO.,LTD

Approximately 80% of KI-STAR REAL ESTATE revenue is that of condominium housing business. The company also set up a system that puts emphasis on condominium housing business for the individual sale. I think that the performance of condominium housing business will continue to grow.

【Financial statement for the second quarter of the fiscal year ending March 31, 2018】
http://contents.xj-storage.jp/xcontents/AS80934/ce0cffee/a2d8/4b1b/8f45/80603f93d35f/140120171107411360.pdf

Great Fundamentals

The numerical values​paid attention to fundamental analysis are followed.

Percentage of sales growth in the fiscal year ending March 2016, March 2017: 32%
Increase in sales in the fiscal year ending March 2017, March 2018 (forecast): 32%
Increase ratio of ordinary income in the fiscal year ending March 2016, 2017: 63%
Increase ratio of ordinary income in the fiscal year ending March 2017, March 2018 (forecast): 33%
Increase ratio of ordinary income in the most recent quarter (July to September, 2017): 43.3%
Expected ROE: 32.6%

New high price update in progress to further height

The new high price (2,433 yen) is updated on November 21, 2017.

Daily chart of KI-STAR REAL ESTATE CO.,LTD on November 24, 2017.

The rise in stock prices accompanied by the volume on 30th October is thought to reflect the buying of financial institutions. In the future, we can expect a rise in stock prices from the improvement in performance.

12.2% up in 9 business days!

(Added on December 2, 2017)

After updating the new high (2,433 yen) on November 21, 2017, the stock price increased by 21.4% on the basis of the high price (2,731 yen) on December 1st.

Daily chart of KI-STAR REAL ESTATE on December 1, 2017.

KI-STAR REAL ESTATE is a leading company among real estate companies. I think there is still room for stock price to rise. We will continue to monitor stock prices of KI-STAR REAL ESTATE.

20.1% up in 18 business days!

(Added on December 16, 2017)

After updating the new high price (2,433 yen) on November 21, 2017, the stock price rose 20.1% on the high price (2,934 yen) on December 15th.

Daily chart of KI-STAR REAL ESTATE on December 15, 2017.

I will continue to monitor the stock price of KI-STAR REAL ESTATE to check what extent it will rise.

32.3% up in 27 business days!

(Added on January 1, 2018)

After updating the new high price (2,433 yen) on November 21, 2017, the stock price increased by 32.3% on the high price (3,220 yen) basis on December 28.

Daily chart of KI-STAR REAL ESTATE on December 29, 2017.

I would like to monitor the stock price of KI-STAR REAL ESTATE along with that of MEIHO ENTERPRISE CO., LTD that is also among leading real estate companies.

Caution
The content of this blog is an opinion about KI-STAR REAL ESTATE as an individual investor . I am not responsible for losses caused by investment based on the content of the blog.

Thank you,

k-zma