It’s Time to Buy Japan
Merryn Talks Money
00:00
The Power of Focusing in Japan
Life Drink is a company that specializes in producing private-band water bottles, for supermarkets and convenience stores. It's not an ultra high growth company, but it's probably going to grow between 10% to 15% a year with very high profitability. If it was listed in the US, what do you think it would trade on? Probably 30 times, I guess. And we think it will probably ultimately trade between 20 to 25 times. So we think it can double again. But something always derails great rallies in the Japanese market. Something is bound to derail this.
Transcript
Play full episode
