$NJDCY Nidec Announces Approval of an Extension of the Filing Deadline of Annual Securities Report for the 53rd Fiscal Year (Ended March 31, 2026)
https://marketwirenews.com/stock/njdcy/news/nidec-announces-approval-of-an-extension-of-the-fili-4673334772711941.html?utm_source=stocktwits
$NJDCY oversold on tiny accounting discrepancy by rogue Chinese sub. Was a cheap stock prior to 20% plunge ?$200mn blip? = $5bn market cap? Don’t think so . Not ADM where upper management complicit and which also eventually recovered share drop. Imo
$NJDCY Nidec announces 13M share stock repurchase program
Nidec announced that its board of directors has authorized a new share repurchase plan at a meeting held on May 27 whereby the company may repurchase up to 13M shares in accordance with the Articles of Incorporation pursuant to Item 1 of Article 459 of the Companies Act of Japan.
I found you an Overbought RSI (Relative Strength Index) on the daily chart of Nidec Corporation. Is that bullish or bearish? $NJDCY #Nidec #RsiOverbought #PINK
$NJDCY $NJ “Nidec Announces Scheduled Commencement of Tender Offer for Makino Milling Machine Co., Ltd.”
Stock titan says “Nidec has announced plans to acquire Makino Milling Machine Co., through a tender offer aimed at making Makino a wholly-owned subsidiary. The tender offer is scheduled to commence on April 4, 2025, with a price of 11,000 yen per share, representing premiums ranging from 41.94% to 74.24% over various trading periods.
The tender offer has no upper limit on shares to be purchased but sets a lower limit of 11,694,400 shares (50.00% ownership). The offer period will be 31 business days. Nidec aims to build a relationship to become 'the world's leading comprehensive machine tool manufacturer' through this transaction.”
More info: https://www.nidec.com/-/media/www-nidec-com/corporate/news/2024/1227-01/241227-01e.pdf?rev=c1649402741d4798b6397525c5b7c57c&sc_lang=en-US
$ANGI $ONEI & $NJDCY Bullish. These are some of my bets right now. Though I am pretty new at this.
I've been scouring the news lately -- Have you seen this news article on Nidec Corp (NJDCY)??
Japan's Nidec takes aim at Makino Milling with $1.6 billion unsolicited bid
https://finance.yahoo.com/news/nidec-announces-1-6-billion-234819988.html
My picks for this week are $SSNLF $ONEI $LODE & a late pick is $NJDCY. Saw this news this banger news story this morning, incase you are interested in Nidec. https://www.reuters.com/markets/deals/japans-nidec-announces-16-billion-tender-offer-makino-milling-machine-2024-12-26/
$NJDCY interested to see how this impacts the Jan 23 earnings call as well
https://www.reuters.com/markets/deals/japans-nidec-announces-16-billion-tender-offer-makino-milling-machine-2024-12-26/
