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AJOT Avi Japan Opportunity Trust Plc

152.50
0.50 (0.33%)
13 Dec 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Avi Japan Opportunity Trust Plc LSE:AJOT London Ordinary Share GB00BD6H5D36 ORD 1P
  Price Change % Change Share Price Shares Traded Last Trade
  0.50 0.33% 152.50 226,862 16:35:28
Bid Price Offer Price High Price Low Price Open Price
151.50 154.00 152.50 152.50 152.50
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Trust,ex Ed,religious,charty 29.23M 24.74M 0.1763 8.65 213.26M
Last Trade Time Trade Type Trade Size Trade Price Currency
16:35:28 O 100,000 151.00 GBX

Avi Japan Opportunity (AJOT) Latest News (1)

Avi Japan Opportunity (AJOT) Discussions and Chat

Avi Japan Opportunity Forums and Chat

Date Time Title Posts
04/12/202416:44AVI Japan Opportunity Trust144
10/12/201816:09Asset Value Investors seek opportunities in Japan3

Add a New Thread

Avi Japan Opportunity (AJOT) Most Recent Trades

Trade Time Trade Price Trade Size Trade Value Trade Type
2024-12-13 17:15:00151.00100,000151,000.00O
2024-12-13 17:15:00152.25100,000152,250.00O
2024-12-13 16:35:28152.50315480.38UT
2024-12-13 15:45:37151.44115174.16O
2024-12-13 15:43:31151.44116175.67O

Avi Japan Opportunity (AJOT) Top Chat Posts

Top Posts
Posted at 13/12/2024 08:20 by Avi Japan Opportunity Daily Update
Avi Japan Opportunity Trust Plc is listed in the Trust,ex Ed,religious,charty sector of the London Stock Exchange with ticker AJOT. The last closing price for Avi Japan Opportunity was 152p.
Avi Japan Opportunity currently has 140,301,702 shares in issue. The market capitalisation of Avi Japan Opportunity is £213,960,096.
Avi Japan Opportunity has a price to earnings ratio (PE ratio) of 8.65.
This morning AJOT shares opened at 152.50p
Posted at 29/11/2024 09:58 by davebowler
Net Asset Value per Ordinary share (inclusive of accumulated income) of AVI Japan Opportunity Trust plc, an investment trust managed by Asset Value Investors Limited, at the close of business on 27 November 2024 was as follows:



Net Asset Value: 151.11 pence
Posted at 26/11/2024 13:06 by vacendak
Unless mistaken, all time high has been hit at 144p.

It surely has taken a few more years than expected for AJOT to fire on all cylinders, but I am glad I have kept the faith.
Posted at 05/8/2024 20:04 by vacendak
Got my automated monthly investment falling on this very special day.
As I do not really expect AJOT to fall that much further, buying at 122 for something worth 140+ last week is pretty lucky.

Have I "timed the market"? :)
Posted at 02/5/2024 09:11 by davebowler
Kepler-

How to take advantage of these opportunities?
All the Japan fund managers we speak with, despite employing different investment strategies, have seen tangible improvements coming from the reforms and have subsequently capitalised on some of the rising opportunities.

AVI Japan Opportunity (AJOT) was launched in 2018, in order to take advantage of the corporate governance reform programme and its potential to unlock value in deeply discounted Japanese companies. Joe Bauernfreund, lead portfolio manager, focuses on the small-cap sector of the market and takes an activist approach, a strategy that’s helped deliver strong performance since it launched, delivering NAV total returns of 41.4% versus the total return of 17.5% for its benchmark (to 25/04/2024) . Following a trip to Tokyo this year, Joe observed that management appears to be actively listening to the strengthening regulations and guidance from the TSE and METI (Ministry of Economy, Trade, and Industry) last year. Furthermore, he notes that investors’ focus on large-caps has come at the expense of small-caps, which have been overlooked, prompting new opportunities to come forth at more attractive valuations, including BEENOS, a global e-commerce platform the trust recently invested in.
Posted at 21/2/2024 09:19 by davebowler
New research
Posted at 07/11/2023 16:33 by jellypbean
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?
Posted at 18/5/2023 07:25 by vacendak
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. :(
Posted at 14/9/2022 11:43 by vacendak
This one is an interview with Joe Bauernfreund on Quoted Data

Direct link to video:


He talks about AGT and AJOT, more focused discussion, holding by holding, comments on discounts.
We learn that there is now only around 40% overlap in Japanese equities between AGT and AJOT. AJOT being used for smaller more illiquid holdings.

Bauernfreund says that 90% of his personal investment are in a mix of AGT/AJOT and other AVI funds. We need to take his word for it on that one of course.
Posted at 22/8/2022 09:36 by vacendak
The latest factsheet mentions the option to exit at NAV soon:

"As laid out in AJOT’s prospectus, four years after launch shareholders who wish to exit will be given an opportunity to do so at close to NAV. The rationale behind including this clause was to ensure that if the original investment thesis did not generate the expected returns, or if circumstances had changed to make Japan unattractive, then Shareholders would not be penalised for wishing to exit. AJOT has generated better than market returns and there is still an abundance of compelling opportunities. Given the share price is trading at or close to NAV, we hope that any Shareholders who wish to exit will be able to sell their shares in the secondary market, without AJOT needing to incur the expense of a more complicated mechanism. Nonetheless, AJOT’s joint placing agents Singer Capital Markets and Kepler Partners will be consulting Shareholders over the coming months to canvass opinions about a possible exit and as detailed in the Prospectus, a strategy will be developed based on the demand, underlying liquidity of our investments and the other factors mentioned. The results of the consultation will be reported in October 2022."

Considering that AJOT has mostly traded, on average, at a slight premium, this is unlikely to be a major issue comes October.
Posted at 26/4/2022 17:02 by vacendak
Investment Manager Increases Holding



AJOT is so badly run that activist investor AVI is taking a position in it to influence the manager and release some value. :)
Avi Japan Opportunity share price data is direct from the London Stock Exchange

Avi Japan Opportunity Frequently Asked Questions (FAQ)

What is the current Avi Japan Opportunity share price?
The current share price of Avi Japan Opportunity is 152.5p.
How many Avi Japan Opportunity shares are in issue?
Avi Japan Opportunity has 140,301,702 shares in issue.
What is the market cap of Avi Japan Opportunity?
The market capitalisation of Avi Japan Opportunity is GBP 213.26 M.
What is the 1 year trading range for Avi Japan Opportunity share price?
Avi Japan Opportunity has traded in the range of 116.00p to 154.50p during the past year.
What is the PE ratio of Avi Japan Opportunity?
The price to earnings ratio of Avi Japan Opportunity is 8.65.
What is the cash to sales ratio of Avi Japan Opportunity?
The cash to sales ratio of Avi Japan Opportunity is 7.32.
What is the reporting currency for Avi Japan Opportunity?
Avi Japan Opportunity reports financial results in GBP.
What is the latest annual turnover for Avi Japan Opportunity?
The latest annual turnover of Avi Japan Opportunity is GBP 29.23M.
What is the latest annual profit for Avi Japan Opportunity?
The latest annual profit of Avi Japan Opportunity is GBP 24.74M.
What is the registered address of Avi Japan Opportunity?
The registered address for Avi Japan Opportunity is 6TH FLOOR, 65 GRESHAM STREET, LONDON, EC2V 7NQ.
What is the Avi Japan Opportunity website address?
The website address for Avi Japan Opportunity is www.assetvalueinvestors.com/ajot.
Which industry sector does Avi Japan Opportunity operate in?
Avi Japan Opportunity operates in the TRUST,EX ED,RELIGIOUS,CHARTY sector.

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