Great write-up on a great company. In my humble opinion Shimano has the best price-to-quality-ratio in the bicycle space, kind of similar to Toyota. Shares are not that interesting though. Low dividend yield, too much net cash, few buybacks. Could get interesting at a lower price...
Thanks Alex. A great article, well done. For my penny's worth, I'll just sit and watch.
Great write-up on a great company. In my humble opinion Shimano has the best price-to-quality-ratio in the bicycle space, kind of similar to Toyota. Shares are not that interesting though. Low dividend yield, too much net cash, few buybacks. Could get interesting at a lower price...
Thanks for your comment. 100% agree - shares only a buy now for someone very optimistic about a rapid change in shareholder distributions policy.