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Tokyo Electric Power Company (TEPCO) Struck By The Tsunami Disaster Is Now A 10 Bagger

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<strong>Tokyo</strong> <strong>Electric</strong> <strong>Power</strong> <strong>Company</strong> (<strong>TEPCO</strong>)<br />

<strong>Struck</strong> <strong>By</strong> <strong>The</strong> <strong>Tsunami</strong> <strong>Disaster</strong> <strong>Is</strong> <strong>Now</strong> A <strong>10</strong><br />

<strong>Bagger</strong><br />

Deger Wealth Management, founded by Dr. Erkin Olmez, under Warren Buffett's<br />

teachings of value investing made a handsome return on its investment in the<br />

tsunami struck <strong>Tokyo</strong> <strong>Electric</strong> <strong>Power</strong> <strong>Company</strong> (<strong>TEPCO</strong>) (TYO:9501) stock.<br />

Ankara, Turkey, 04 December 2015 -- Deger Wealth Management, founded by Dr.<br />

Erkin Olmez, under Warren Buffett's teachings of value investing made a handsome<br />

return on its investment in the tsunami struck <strong>Tokyo</strong> <strong>Electric</strong> <strong>Power</strong> <strong>Company</strong><br />

(<strong>TEPCO</strong>) (TYO:9501) stock. After the 2011 tsunami disaster in the Pacific Ocean,<br />

<strong>TEPCO</strong> had to close the Fukishima nuclear reactor; and became the target for antinuclear<br />

protests in Japan and worldwide. <strong>The</strong> events after the tsunami disaster had<br />

caused the stock price of <strong>TEPCO</strong>; which fell to 4000 yens after the first earthquake in<br />

2007, and then 2000 yens after the 2011 tsunami; to hit new lows as deep as <strong>10</strong>0 yens<br />

in 2012.<br />

During previous months, <strong>TEPCO</strong>, mostly due to the improvement in its financials, has<br />

been critically included in Japan's JPX-Nikkei 400 index despite several protests.<br />

<strong>TEPCO</strong>'s stock price had fallen to unprecedented lows of around <strong>10</strong>0 yens back in<br />

July 2012. After the stocks reinclusion to JPX-Nikkei 400; the electricity producer<br />

which Deger Asset Management has been tracking since the disaster in 2011 increased<br />

its crisis lows prices by almost <strong>10</strong> times to close to <strong>10</strong>00 yens by August 2015. That<br />

made the <strong>TEPCO</strong> stock a <strong>10</strong> bagger in a matter of 2 years.<br />

Dr. Olmez of Deger Asset Management stated: "<strong>TEPCO</strong> was an important opportunity<br />

for value investors. "<strong>The</strong> company which has solid financials and a long history, was<br />

sold heavily due to investor panic after the tsunami disaster. Those who benefitted<br />

from this situation scored almost <strong>10</strong>00% on their investments in a matter of 2 years."<br />

Approximately 70% of <strong>TEPCO</strong>'s assets are made up of non-nuclear assets. <strong>The</strong><br />

company is the world's 4th, and Japan's largest electricity generation company.<br />

About Deger Wealth Management<br />

Deger Wealth Management is a private "value investment" fund started by Dr. Erkin<br />

Olmez in 2013. Deger, primarily invests in the shares of growing North American<br />

companies, when their shares are undervalued. Olmez has added over 12%<br />

compounded annual returns to his fund in the last two years. In its foundation year,<br />

Deger achieved significant returns by investing in the back then recovering industries


of banking and housing through companies like Goldman Sachs, Wells Fargo<br />

<strong>Company</strong>, JP Morgan; Pulte Group and DR Horton. Deger does not use debt. As the<br />

fund's main goal is value appreciation, it does not distribute dividends.<br />

About Dr. Erkin Olmez<br />

Erkin Olmez was born in 1976. He finished high school at TED Ankara Private<br />

College in 1993. He obtainded his BSc. in Industrial Engineering in 1997; and his<br />

MSc. in Information Systems in 2000 at the Middle East Technical University<br />

(METU). He was accepted to the Ph.D. program at the Volgenau School of<br />

Engineering at George Mason University in 2002. He finished his Ph.D. in 2006.<br />

Erkin Olmez worked as a faculty member at METU, Atilim University, and George<br />

Mason University; and as a management consultant at the US Department of<br />

Treasury's IT department.<br />

Contact:<br />

Dr. Erkin Olmez<br />

Deger Wealth Management<br />

Sehit Mustafa Dogan Sk.<br />

Ege Flora Konutlari A9<br />

06550 Cankaya, Ankara, Turkey<br />

C:+90-532-3334776<br />

erkin.olmez@degervarlikyonetim.com<br />

http://www.degervarlikyonetim.com/en

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