• About Us
  • Archives
    • 2020
    • 2019
    • 2018
    • 2017
    • 2016
    • 2015
    • 2014
    • 2013
    • 2012
    • 2011
    • 2010
    • 2009
    • 2008
    • 2007
    • 2006
    • 2005
    • 2004
    • 2003
    • 2002

Tweets by Wireless_Watch




Please take a moment to review our new 5×5.wirelesswatch.jp website. Indeed, The ®evolution Continues. Yoroshiku!

Archives

April 22, 2006

DoCoMo Shares on the Rebound

NTT DoCoMo stock has been trading at all-time lows, however, DoCoMo is increasingly being viewed as a value play and it may be breaking out of its trading funk. Its ordinary shares shot up 3.51% today to close at 177,000 yen on strong volume not seen since a breakout on January 5th this year when it traded at 193,000 yen. 

Converting its ordinary shares using an exchange rate of Y117/US$1 and accounting for its ADR listing ratio of 100:1, its Friday close in Tokyo equals $15.13 (gain), where its currently trading in the U.S. intraday, up 4.27%. A Nikkei Shimbun article published today cites number portability, which will be available in Japan this fall, and Softbank?s forthcoming market entry via its purchase agreement of Vodafone as having kept downward pressure on DoCoMo?s share price.

Via: The Wireless Stock Blog

Related posts:

  1. Rating Cut Hits SoftBank Shares
  2. Softbank Shares Fall on Merrill Rating
  3. Number Portability Spooks Investors
  4. DoCoMo Tender Secures Buongiorno
  5. Sanyo Shares Drop on Loss Forcast

Leave a Reply Cancel reply

captcha *

previous post: Desirable Mobile Services for the Future |–| next post: Faith, Square Enix and Taito JV

Some sage advise when entering new turf; Stop, Look and Listen.. it’s also good to secure a local guide. Japan is the cradle of mobile civilization – we have been dedicated to this space since 2001 – trust our archives here offer some useful material.

Domestic activities continue to set the pace, and sharp players are looking at global markets. We have hard-earned industry expertise and trusted network of contacts with access to advanced intell. and potential deal flow. Need a lift.. Ok, buckle-up!

©2021 - all rights reserved - Mobikyo K.K.