Below is a comment written by individual investor “Sanasae” (blog: “Sanasae's Beautiful Investment Life”) of FISCO Social Reporter. At FISCO, we are working to disseminate more diverse information to investors by cooperating with individuals who actively disseminate information.
-----------
※Written at 17:00 on 2024/4/17
Good morning and evening, everyone. The market continues to be soft, but under such circumstances, some semiconductor stocks that were thought to have been strong until now have collapsed, and it seems that the shopping theme is changing rapidly, making me crackle (tears). It's around this time today that I think the market price adage “rest is market price” is true... that's all.
By the way, the serialization of this article, spelled out by an Arafo female investor who was the runner-up in the Stock 1GP Grand Champion Tournament (FY21) hosted by Yukan Fuji, is now in its 2nd year... 66th time. This time, along with the title column, I will introduce recent notable stocks.
＜National Policy/Perovskite Solar Cell Related Stocks＞
This week, as expectations of interest rate cuts have been lowered by statements made by senior US Federal Reserve officials, etc., adjustments are taking place that seem to cool down the feeling of overheating in the stock market up until now at once. In addition to that, geopolitical risks are rapidly increasing due to Iraq's attacks on Israel. Can the Nikkei Stock Average actually rebound from around the 75-day line (37,780 yen)... if not, will adjustments up to the 35,000 yen range of the 26th week line or the September line be forced... even so, I am actively scrutinizing stocks I want to push for attention (eyes that shine brightly)...
Now, what I'm sending is Ikenami Shotaro's enthusiastic gaze on perovskite solar cells. The Nikkei Shimbun dated 3/7 reported that “the Ministry of Economy, Trade and Industry will give preferential treatment to next-generation photovoltaic power generation devices “perovskite type” that are light and flexible under the fixed price purchase system (FIT) that buys renewable energy electricity at a high price,” and once again, purchases were made into those related stocks as a [national policy]. Furthermore, it can be seen that expectations for this renewable energy are quite high domestically, as the Tokyo Metropolitan Government supports early practical application and dissemination.
Unlike conventional silicon-based solar cells, perovskite solar cells are inexpensive and easy to manufacture using coating (spin coating) technology, and can be installed anywhere due to their thin and bendable characteristics. Eventually, if the weak points of these solar cells, such as power generation efficiency falling due to the effects of moisture or oxygen, and being vulnerable to heat and having a short useful life, are cleared, buildings all over Japan will be covered by this, and even cars and trains may have these batteries... So, this time I'm going to introduce such related stocks that I personally see as having high expectations.
First of all, the representative brand is Sekisui Chemical (4204), which became a hot topic since it began the first demonstration test in Japan to install film-type perovskite solar cells on building exterior walls in collaboration with NTT DATA ＜9613＞ last year. This is still being developed in close partnership with the Tokyo Metropolitan Government. Next, Kaneka ＜418＞, which is promoting its practical application technology at a rapid pace, has solid charts in spite of its performance, and stock prices are also undervalued. Hosiden (6804), which also announced its entry into this business as of 21/4, is pushing forward towards mass production of the same solar cells. The performance has been good up to this point, and the stock price is still undervalued! Also, NPC (6255) and Kuramoto Seisakusho (5216), which have become popular mainly among individual investors, are also small-cap stocks, but I would like to pay attention to their price movements as well. The former was also expected in the solar cell recycling business, but since it also has a track record in manufacturing equipment for thin-film solar cells, it seems that speculation is moving recently in the development of perovskite solar cells. Also, with regard to the latter, the company's president recently answered in response to interviews with some media that along with the expansion of the quartz processing business involved in semiconductor manufacturing, they are embarking on the development of this perovskite type solar cell, and it seems that it was well received. Also, Ise Chemical Industries (4107) is a major producer of iodine required for perovskite batteries. K&O Energy Group (1663), which also has iodine, and Toyota Tsusho (8015), which has an investment in its subsidiary, and INPEX (1605), which is the last expensive stock, but still has a sense of undervaluation, only need to be checked for iodine. Yes, that's all for now. In my recent blog, in addition to the stocks introduced above, I also pick up “3 notable stocks” every month as “Sanasae's one-person stock 1GP,” and measure the price range every weekend. Of course, there are a wide variety of stories other than stocks... feel free to do so even if you see something scary (laughs). well then. Have a nice trade. ---- Author name: Sana Sae Blog name: “Sanasae's Beautiful Investment Life”