Karl Berger
Shin-Etsu Chemical
4063-JP
TOP PICK
Oct 14, 2009
Chemical company manufacturing PVC piping/tubing as well as products that go into circuit boards. This is a play on recovery based on infrastructure spending as well as a recovery in the tech sector.
Japanese chemical company. Silicon and PBC piping. US housing market has slipped, but this company sells worldwide. There has been a pickup in the semiconductor market. If there is any kind of a NASDAQ rally, this company will follow.
(A Top Pick April 23/08. Down 3.56%.) Specialty chemical maker that makes silicon for semiconductors and PVC piping. Stock was falling but was offset by the plunging Cdn$. Would like a weaker yen before buying more. 2% dividend.
Shin-Etsu Chemical. Japan is one of the cheapest equity markets in the world right now. This is one of the largest manufacturers of silicon globally. Pristine balance sheet. Cash on the balance sheet it was about 1/8 of the share price.