OM DENNE EPISODE
Is this incredibly rare Japanese stock spin off set to soar? Spin offs are rare in Japan, but what’s even more rare is spin offs that involve a company lead by an incredible entrepreneur with a passion for launching successful businesses in house. Today Evan Bleker talks to Rich Howe about the latest spin off gem he’s found, this one Japanese spin off Hamee. We discuss how uncommon it is to see a spin off in Japan, Hammer’s business, business history, company leadership, balance sheet health, share buybacks, insider buys, insider ownership, and the firm’s history of launching new businesses in house. We discuss the challenges and benefits of investing in Japanese stocks, research methods, and some fun stories about other Japanese stocks. In the end, Rich discloses a second Japanese stock spinoff that he’s monitoring.
