In my mind, softbank goes back to being the most valuable company in the world again.
The whole reason is the nav discount.
The market cap is only 250 billion market cap
Share price is like 5500
Nav is 10k+
Per the last shareholder meeting they said the nav discount was 13k which implies a crazy discount on the shares.
They own 13% of Openai, 90% of arm and others against 100 billion of debt
They have SBneo, the patch as a service thing. Plans to building The biggest data centres in Europe or America. The robotics.
Look at their latest YouTube video in English. Barely 1k views. It's a joke. The mass media things that SoftBank is a joke because of wework durrr. But he also did Alibaba. He's legendary. He's got the chokehold on CPUs.
To be fair the risks are AI capex not paying off. Or the violent Japanese price swings this stock makes.
I think Warren would approve.
I think it'll be at 8500-9000 yen post earnings.