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Universiade management does nothing in the face of armed occupation: G…

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작성자 ulwsao 댓글 0건 조회 5회 작성일 24-10-21 20:07

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June 19, 2022

It has been almost three weeks since the casino resort hotel "OKADA MANIRA", operated in Manila by a local affiliate of Universal Entertainment Co., Ltd. (TSE STD, 6425), which was featured in the entry on the 8th, was occupied by force by the group of former Chairman Kazuo Okada.

The Philippine government and police, which are supposed to be a "rule of law" country, are currently watching the situation. As for the management of Universal Studios itself, they are not using force to retake the hotel, as they are saying "an eye for an eye, a tooth for a tooth", and it is unclear what they are doing and what they want to do.

What is even more strange is that even though it is illegally occupied, "OKADA MANIRA" itself is open for business as usual. If the occupation continues, sales can be embezzled at will. Since this is the Philippines, it cannot be denied that the former Chairman Okada's claims will be taken into consideration and the management rights will be usurped.

Meanwhile, Universal Studios Japan's stock price has been gradually falling. Before the armed occupation, it was around 1,800 yen, but last week's closing price was 1,375 yen. If the current management does not take any action, it will fall below 1,000 yen.

However, Universal Entertainment Co., Ltd. is a famous gambling stock. Analysts are still "bullish" with a target price of 3,250 yen.

In the world of stocks, it is said that "accidents are buys, incidents are sell." As a rule, Universal Studios Japan shares should not be touched, but it would not be wrong to bet on the current management's success in recapturing them by going against the trend. In that case, your assets will definitely double... right?

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