Didn't see anything about a tripling of net income, but Japan Times has an article about it htting 130B yen in pretax profit this year, compared to 100B yen last year. That election is also huge, I see little in the way of preventing restarts now.
Actually, re-reading it, sounds like he owned 600 shares when it was above $20, which are now worth $1800ish given the current price. Meaning he's lost about $10k. All the more reason to expect a substantial recovery in share price.
Uh, I think your math is a bit off. It was trading at roughly $20ish before the accident. 600 shares @ $1800 = $3 a share, meaning he's bought them relatively recently.
Uh what? Why would bond holders need to be bailed out when they're now profitable? What does the yen exchange rate have to do with the timing of issuing new equity when the overwhelming amount of shareholders are domestic? What does the tax regime have to do with the timing of issuing new equity? You do realize that the BOJ doesn't hold the preferred shares, correct? And even if they did, why would they sell merely 51% of them? The whole point of owning the preferreds was so the government could obtain voting control, by selling 51% of them they would effectively lose that ace card. You are aware that you just strung together a collection of totally unrelated speculative events and tried to make them fit your conclusion, right?
Yeah, they'll definitely do this as we approach 4 years after the accident LOLOL
You are clueless. Paying an electric bill isn't the same as buying a new car or paying your cable provider that extra $10 a month for HBO. People use electricity regardless of how good or bad the economy is. What you fail to realize is that a hike in the consumption tax + a hike in electricity rates (which is happening) = less money for consumers to spend on other goods. A tax hike is actually more of a reason for the government to hurry along with restarting the nukes, so the utilities don't raise hikes, thus slowing down the economy even further.
I'm growing tired of lecturing you on high school level economics. Maybe investing just isn't your forte.
It's obvious he thinks he can influence the price enough to push it down to whatever his target buy price is, since you can't short on the Tokyo Exchange and I don't believe there are put options for TEPCO.
Assuming this actually occurs (which it won't), all the more reason for the nukes to be turned back on. I wish you'd just buy your shares already and get it over with.
You gotta admire the willpower of some schmuck on the internet who thinks he can single handedly tank a stock like TEPCO.