Avi Japan Opportunity Share Discussion Threads

[davebowler] 17/4/2024 05:38

hTTps://www.bailliegifford.com/en/uk/individual-investors/insights/ic-article/2024-q1-trust-48-japan-finance-10045342/?utm_medium=content&utm_source=

[davebowler] 15/4/2024 06:59

hTTps://citywire.com/investment-trust-insider/news/baillie-gifford-shin-nippon-offers-15-tender-if-slump-continues/a2439209

[jellypbean] 12/3/2024 12:43

NAV moving up steadily recently. Underlying holdings showing really quite substantial moves. Not sure I'd be able to handle the excitement of owning those as individual shares.

[davebowler] 21/2/2024 09:19

New research

[davebowler] 29/1/2024 13:39

By way of a reminder, corporate broker Singer Capital Markets will be hosting a Q1 investor update call with Joe Bauernfreund, Portfolio Manager of AVI Japan, at 10am this Thursday, 1st February. AVI Japan ended 2023 in strong fashion, gaining 10% in NAV terms in December alone, augmenting a strong year for the trust which has outperformed its benchmark in NAV terms by 8.9% (15.8% compared to 6.9% for the benchmark), continuing the trend of benchmark-beating returns that trust has achieved since inception in 2018 (40.5% in NAV terms for the trust compared to 16.2% for the benchmark). Joe will provide an update on why the last year of change in Japan has been particularly constructive to the strategy and, as the corporate governance story becomes more widely understood, what the opportunity set looks like going into 2024 for the team with the most experience in engaging with it. You can sign up to the webinar by responding to this email directly or clicking here to register your interest directly with Singers. 

[davebowler] 19/1/2024 16:42

htTPs://doceo.tv/insights/news/a-balanced-portfolio-of-investment-trusts-for-the-cautious-investor/

[jellypbean] 07/11/2023 16:33

Topvest. I think NAVF assess value in terms of P/B. AJOT considers EV/EBIT.

Changes in Japanese listing rules have incentivised companies to increase their P/B to get into prime listings.

Might be a one-time move? Earnings should be more relevant than book in the long run, I think?

[davebowler] 15/9/2023 10:26

13 September 2023:

Net Asset Value: 118.17 pence

[topvest] 01/9/2023 20:06

Still hold this and like AVI. Any view though on why NAVF have performed better? I have two trusts rolling into NAVF in the next month or two - abrdn Japan and Atlantis.

[vacendak] 25/8/2023 12:15

From the recent RNS.

One can learn how to say "Bauernfreund" from the man himself. :)

[Edit] Sorry, this is not as new as I thought! See a few posts above.

[makinbuks] 14/8/2023 10:37

Good intro

[davebowler] 07/7/2023 17:24

AVI showing its teeth here .......

[vacendak] 18/5/2023 08:25

Yep, SK Kaken again and again.
It is the same with Symphony with AGT.

Not sure if they can crack that nut, the management/founding family has 40% and the other shareholders do not seem willing to be active enough to band with AJOT.

They may have to drop that one in the long run. Cannot win all the battles. :(

[value hound] 18/5/2023 07:37

AVI on the campaign trail against what would seem to be a little obduracy :-)

[davebowler] 20/3/2023 09:07

AGT seems still a better way into Japan and at a big discount to NAV -unlike here.

[davebowler] 20/1/2023 20:19

htTPs://citywire.com/investment-trust-insider/news/avi-japan-gears-up-to-invest-in-stock-with-100-upside/a2407014?re=105034&refea=252901

[davebowler] 22/10/2022 08:08

https://quoteddata.com/research/avi-japan-opportunity-maintaining-firepower-mc/?utm_medium=email&utm_campaign=News+weekly+email+128th+-+Pro&utm_content=News+weekly+email+128th+-+Pro+CID_6df199405850efeab89cfc9fb22dfc20&utm_source=Research+note&utm_term=read+article&=1

[vacendak] 27/9/2022 16:36

They have won the "Japan Equity: Active" award.