A while a ago I had a look at Seraku Co (stock code 6199 in Tokyo), a Japanese IT-services company with low EV/EBIT and good earnings quality. After finishing my research I bought the stock. Immediately afterwards the stock surged 7%. With this sudden price increase I did not know whether it was still extremely cheap and therefore worth blogging about. At the moment the stock is back at 1133 JPY. For that price I am sure the stock is worth blogging about.
nice find. If the payout was 25-30% that would be good. They are just piling on cash. Stock is cheap. ROE is good.