SPSE:9027Logistics
Loginet Japan (TSE:9027) Stock Cheapens Further If Profit Gains Hold
Loginet Japan went into this print looking like a classic value stock, with the shares closing at ¥4,690 and trading on a P/E of 7.2x while carrying a 3.67% dividend yield. The market has treated it as cheap for a reason. The latest quarter puts the focus squarely on profits, not just trucks and warehouses.
The headline this time is earnings power. Q1 2027 net income reached ¥978m and basic earnings per share came in at ¥197.26. Trailing earnings growth of 41.5% and a higher net margin set up...