facebookThoughts on Rakuten Inc.? I feel that RKUNY is trading below working capital, anyone care to share their thoughts? - Seedly

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Anonymous

18 Feb 2021

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Thoughts on Rakuten Inc.? I feel that RKUNY is trading below working capital, anyone care to share their thoughts?

Rakuten Inc. (OTC:RKUNY) is a very diversified conglomerate and their operations range from Banking to Travel Services.

Discussion (1)

What are your thoughts?

Lim Boon Tat

Lim Boon Tat

18 Feb 2021

Level 10ยทMathematics at Cambridge University

I like Rakuten. They have made very astute early investments in their history, although almost always with the penchant for selling them wayy too early. I think the market is punishing it (A) they dont think it's main ecommerce business is growing as fast as others and (b) they see huge capex ahead as it pursues its dream of becoming a 5G mobile operator via a fully virtualized network (honestly, in my opinion, this is the future. A lot of things previously achieved by hardware can be so, so so easily achieved by software). Experts have criticized it saying that it's impossible, but ..... look what happened to Tesla or SpaceX. If you're looking for a 100bagger, it pays to NOT listen to the "experts".

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