Aji will be good in mid term... it has ample capacity in the new factory, sales to Arab countries is improving..! EPS for 2025 may exceed RM 1 easily. i have a feeling that they may issue Bonus shares and split the share. Paid up cap is far too small!

Ajinomoto – a new hope from its relocation
Ajinomoto bottom line over the past 12 years was boosted by 2 land gains that resulted in about the same contribution to the past 12 years' earnings as the operating profits. The land gains are one-off items and moving forward we have to rely just on the operations.

Ajinomoto is a mature company with revenue growing at 6.1 % CAGR over the past 12 years. So you may think that there is not much hope for better results.

But the company relocated to a new plant in 2022 and its operating results since then provide a good picture of its future. It is also financially sound. On such a basis I found that there is more than a 30% margin of safety making it an investment opportunity.

For more insights refer to https://www.i4value.asia/2024/07/is-ajinomoto-investment-opportunity.html#more