>>91052556Stock Watch anon here, it's that time again. We're gonna do a quick look at the stocks and the NIKKEI, then dig into the report itself.
COVER CORP QUICK OVERVIEW
Cover would stay in the red tonight, closing out at 2698 yen (17). Despite their initial start, the stock would rise up into the green before being shot down in the last hour. Cover heads into the later half of the week at a 161 yen gain.
ANYCOLOR STOCKS
Anycolor stocks stayed relatively neutral, before rocketing up in the last hour to close out at 2329 yen (59). Marking their return to the 2300s for the first time since mid October. Anycolor sees a impressive 219 yen gain so far this week, but can they get much higher?
OTHER
The gap between the two is a nice 369 yen.
The NIKKEI barely manages to stay afloat with a 0.01% gain
Trading Volumes to go with the report:
Anycolor: 1.71 Million
Cover Corp: 5.82 Million
ANYCOLOR Q2 REPORT REVIEW (THE THING YOU’RE LOOKING FOR)
Once again, I implore that you review this document yourself or at least find someone who isn’t a random Anon. I’m not responsible for your misguided opinions, it’s up to you to properly learn.
Anycolor’s revenue barely misses their revenue forecast despite a record 9.9 Billion in revenue (+51.5 YoY), with specifically event and commerce missing their predictions. As for their profit forecast with a result of 4.04 billion yen (65.8% YoY), with the under-performance being attributed to delayed merch shipments. The ratio of their expenses also for the most part stays unchanged. They also recruit an additional 39 employees to bring up their total number of employees to 493 strong.
For their Q3, Anycolor forecasts 9.4-9.95 billion yen in revenue for them. In my personal opinion, this may actually be a reasonable and attainable goal for them considering upcoming events. Not to mention EN not actively bleeding this time around to not actively drag down their efforts. Although the new problem of increased shipping delays for merch is still apparent.
Surprisingly, Anycolor has made no announcements regarding buybacks or dividends outside of a record of paying out the one announced earlier. They’ll be at the whims of the market this time around.
Overall, this quarter is a pretty mediocre showing. Records have been broken, but they missed their revenue forecasts for a third time now. My initial prediction right now is that Anycolor will continue to languish in their low 2000s, but don’t take my word as gospel.
