You do realize the preferred shares the government owns can be converted to common, thus diluting current shareholders, right? The only ones buying those preferreds from the government will be TEPCO itself. If you honestly think the government is going to sell the preferreds into the open market, you're completely clueless.
It's pretty clear the D.A. didn't move forward with the charges because of the 1961 law. All parties involved seem to have accorded a true with regards to not mentioning it. Looks like this civilian body doesn't care if the law is invoked. Not only will the executives win the case (wouldn't be surprised if a judge grants a motion to dismiss), but I suspect TEPCO will eventually be included back in that index sooner than later.
If anything, calling in outside authorities to assess the plant means that they expect it to pass inspection. That would give them justification for starting up more than 2 of the reactors, as what was initially planned. The longer it takes to restart, the greater number of reactors they'll be able to bring online at once.
It's surging because the decline in price of LNG. From someone more knowledgeable than me, it's going to raise net income this year to around 800 billion yen. This isn't retail speculation, it's a lower cost of revenue.
The JP gov isn't reducing their position. To do that they'd have to convert their preferreds into commons. You have zero idea what you're talking about.
This run up started with that court decision (not the one against Kansai). I think people are realizing Kashiwazaki-Kariwa is eventually coming back online.
LOL if you think they have any chance of hitting their CO2 emission targets without nukes. It's cute Merkel thinks renewables will be cheap enough for Deutschland to maintain that current account surplus by 2022.
With the exception of Hong Kong and Demark, every country that has a pegged currency isn't exactly suitable for investing. Free floating is the way to go. And I never said you were wrong, clearly the yen has dropped below 120. I don't take what you say seriously because all you do is quote other sources, often of contradictory nature, to obscure the fact that you're long. You actually think you can singlehandedly affect the share price so it drops even further to buy in lower. It's annoying.
There's currency risk for EVERY equity denominated in currency other than your own. If anything, given that cheaper yen = more expensive to import fossil fuels, thus greater imperative to turn on the nukes, there's probably less risk associated with currency for the utilities then other segments of the Japanese market at the moment.
You're quoting me quoting the BoJ Governor. What's your point? All you do is post analysis from other people. I, too, use Google. An original thought every now and then wouldn't kill ya.
I wouldn't buy JGBs because their yields are miniscule, not because of any concern over default risk. I'm not touching on the other points because I've explained the differences of debt denominated in fiat currency (U.S., Japan) from other types enough times.
The word "confident" doesn't begin to describe how sure I am that Japan won't be sinking into hyperinflation Weimar-style hyperinflation. If you think that's even a remote possibility, then there's zero reason to be holding ANY of their equities.
Hyperinflation (Argentina 1980s, Weimar Germany, Zimbabwe, etc.) is in excess of 100% per annum, usually much higher. It has zero applicability to current day Japan, silly to even mention the 2 in the same sentence.