Log in
E-mail
Password
Show password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON
  1. Homepage
  2. Equities
  3. United Kingdom
  4. London Stock Exchange
  5. European Opportunities Trust plc
  6. News
  7. Summary
    JEO   GB0000197722

EUROPEAN OPPORTUNITIES TRUST PLC

(JEO)
  Report
SummaryQuotesChartsNewsCalendarCompanyFinancialsConsensus 
SummaryMost relevantAll NewsOther languagesPress ReleasesOfficial PublicationsSector news

European Opportunities Trust (JEO): Initiation - A 'fund for all seasons' targeting global winners

09/08/2021 | 02:01am EDT

Edison Investment Research Limited European Opportunities Trust (JEO): Initiation - A 'fund for all seasons' targeting global winners 08-Sep-2021 / 07:00 GMT/BST

-----------------------------------------------------------------------------------------------------------------------

London, UK, 8 September 2021

European Opportunities Trust (JEO): Initiation - A 'fund for all seasons' targeting global winners

European Opportunities Trust (JEO) invests in European and UK companies offering good prospects for capital growth. Alexander Darwall has managed JEO since its inception in 2000. He aims to construct a 'fund for all seasons' comprising stocks capable of generating profits in all economic climates. Darwall is a high-conviction investor and JEO is a concentrated portfolio of 'special', globally focused companies that benefit from unique technologies or favourable industry structures and possess multiple growth channels. Performance in the year ended May 2021 was disappointing, in part due to JEO's bias towards high-quality companies, which lagged more economically sensitive stocks in late 2020, when the economic outlook was transformed by the arrival of viable vaccines. JEO also had exposure to the fraudulent German company Wirecard when it collapsed in June 2020. However, the trust's long-term performance has been positive in both absolute and relative terms. It has realised an annualised NAV total return of 14.1% over the past 10 years to end August 2021, compared to an annualised benchmark return of 9.9%. This track record attests to Darwall's ability to deliver sustainable capital growth, regardless of prevailing economic conditions.

JEO's share price is currently trading at a 9.4% discount to cum-income NAV, significantly above its long-term average of 3.3%, in part due to the trust's exposure to the 2020 Wirecard fraud. The board's consistent efforts to support the share price have scope to narrow the discount, especially if performance improves and/or investors come to appreciate the relative value offered by European equities at current levels. Click here to view the full report or here to sign up to receive research as it is published.

All reports published by Edison are available to download free of charge from its website

www.edisongroup.com

About Edison: Edison is a leading research and investor relations consultancy, connecting listed companies to the widest pool of global investors. By focusing on the volume and quality of investors reached - across institutions, family offices, wealth managers and retail investors - Edison can create and gauge intent to purchase, even in the darkest pools of capital, and then make introductions via non-deal roadshows, events or virtual meetings.

Having been the first in-market 17 years ago, Edison now has more than 100 analysts covering every economic sector. Headquartered in London, Edison also has offices in New York, Frankfurt, Amsterdam and Tel Aviv and a presence in Athens, Johannesburg and Sydney.

Edison is authorised and regulated by the Financial Conduct Authority.

Edison is not an adviser or broker-dealer and does not provide investment advice. Edison's reports are not solicitations to buy or sell any securities.

For more information, please contact Edison:

Joanne Collins +44 (0)20 3077 5700 investmenttrusts@edisongroup.com

Robert Murphy +44 (0)20 3077 5700 investmenttrusts@edisongroup.com

Learn more at www.edisongroup.com and connect with Edison on:

LinkedIn www.linkedin.com/company/edison-group-/

Twitter www.twitter.com/Edison_Inv_Res

YouTube www.youtube.com/edisonitv

-----------------------------------------------------------------------------------------------------------------------

Dissemination of a CORPORATE NEWS, transmitted by EQS Group. The issuer is solely responsible for the content of this announcement.

-----------------------------------------------------------------------------------------------------------------------

End of Announcement - EQS News Service

1231861 08-Sep-2021

Image link: https://eqs-cockpit.com/cgi-bin/fncls.ssp?fn=show_t_gif&application_id=1231861&application_name=news

(END) Dow Jones Newswires

September 08, 2021 02:00 ET (06:00 GMT)

Stocks mentioned in the article
ChangeLast1st jan.
ARRIVAL 5.84% 15.22 Delayed Quote.0.00%
DJ INDUSTRIAL 0.56% 35457.31 Delayed Quote.15.32%
EUROPEAN OPPORTUNITIES TRUST PLC 0.62% 814 Delayed Quote.11.66%
MURPHY USA INC. 0.70% 169.78 Delayed Quote.28.83%
SNAP INC. 0.83% 76.43 Delayed Quote.52.65%
All news about EUROPEAN OPPORTUNITIES TRUST PLC
09/23European Opportunities Trust plc Reports Earnings Results for the Full Year Ended May 3..
CI
09/23European Opportunities Trust plc Proposes Final Dividend for the Year Ended May 31, 202..
CI
09/23European Opportunities Trust plc Announces Board Changes
CI
09/23Tranche Update on European Opportunities Trust plc 's Equity Buyback Plan announced on ..
CI
09/08EUROPEAN OPPORTUNITIES TRUST (JEO) : Initiation - A 'fund for all seasons' targeting globa..
DJ
09/01European Opportunities Trust plc Appoints Matthew Dobbs and Jeroen Huysinga as Independ..
CI
06/24CHELVERTON UK DIVIDEND TRUST PLC : Full year -5-
DJ
02/25European Opportunities Trust plc Reports Earnings Results for the Half Year Ended Novem..
CI
02/25Tranche Update on European Opportunities Trust plc 's Equity Buyback Plan announced on ..
CI
2020European Opportunities Trust plc commences an Equity Buyback Plan for 16,877,887 ordina..
CI
More news
Financials
Sales 2021 14,5 M 20,0 M 20,0 M
Net income 2021 4,42 M 6,10 M 6,10 M
Net Debt 2021 61,9 M 85,4 M 85,4 M
P/E ratio 2021 187x
Yield 2021 0,27%
Capitalization 859 M 1 185 M 1 184 M
EV / Sales 2020 64,4x
EV / Sales 2021 59,5x
Nbr of Employees -
Free-Float 84,3%
Chart EUROPEAN OPPORTUNITIES TRUST PLC
Duration : Period :
European Opportunities Trust plc Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends EUROPEAN OPPORTUNITIES TRUST PLC
Short TermMid-TermLong Term
TrendsNeutralBullishBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 2
Last Close Price 8,14 
Average target price
Spread / Average Target -
Managers and Directors
Andrew Lang Sutch Chairman
Philip Best Independent Non-Executive Director
Virginia Anne Holmes Independent Non-Executive Director
Sharon Mary Brown Independent Non-Executive Director
Matthew Frederick Dobbs Independent Non-Executive Director
Sector and Competitors
1st jan.Capi. (M$)
EUROPEAN OPPORTUNITIES TRUST PLC11.66%1 170
HIPGNOSIS SONGS FUND LIMITED-0.40%2 060