Art Vivant Co Ltd (7523:Tokyo) – Sold

On Friday 10/23/2015 Art Vivant announced a favorable outcome of a legal dispute. In response, management raised the profit guidance and declared special dividends. I took advantage of the subsequent surge in the stock price and sold my position for a +56% gain in two months.

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3 thoughts on “Art Vivant Co Ltd (7523:Tokyo) – Sold

  1. I am long Art Vivant too. +56% in two month is very good, no question. But with NCAV above 800 Yen your sell seems a little rash. Do you have fixed exit trigger that made you do this?
    This might be the catalyst that brings the stock back to NCAV, so I consider staying invested.
    Thanks for answering and sharing your ideas on this blog.
    Pascal

    Like

    1. Thanks for reading the blog, Pascal!
      The stock is still absolutely cheap. On a relative basis, however, I have better risk/reward situations on my watch list. As I have more ideas than money I sold.

      Like

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