KIYO Learning (TYO: 7353) is a 3.8 billion yen Japanese micro cap selling online exam preparation under the Studying.jp brand. It holds more cash than its market value and has no analyst coverage.
Mostly de-rating, not a broken business. Japanese Growth small caps sold off across the board, and one big holder, Asset Management One, cut its stake from over 7 percent to about 4. The price fell further than the numbers did.
Portfolio performance and holdings are something I will share a few times a year with paid subscribers, but I will track how the calls age here so you can judge the work either way.
Why did the share price drop from 800?
Mostly de-rating, not a broken business. Japanese Growth small caps sold off across the board, and one big holder, Asset Management One, cut its stake from over 7 percent to about 4. The price fell further than the numbers did.
Any plans to post your portfolio and performance?
Portfolio performance and holdings are something I will share a few times a year with paid subscribers, but I will track how the calls age here so you can judge the work either way.
Well, feel free to check my portfolio, up over 90% ytd
Congratulations! Unbelievable performance that I don't even come close to. I noticed your quote from André Kostolany—love his books!
If you want something that mixes the two, I recommend Orconomics. Value investing, derivatives, short selling with orcs and dwarves in the mix
Hah haven't read any. I don't read any books about investing. Mostly fantasy. I like Total Soft Bank, put it on my watchlist
Will be happy to discuss it later