Share Name Share Symbol Market Type Share ISIN Share Description
Fidelity Asian Values LSE:FAS London Ordinary Share GB0003322319 ORD 25P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  +3.25p +0.85% 385.25p 384.50p 386.00p 386.00p 382.00p 386.00p 86,151.00 16:35:22
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Equity Investment Instruments 6.4 3.9 5.4 71.9 260.00

Fidelity Asian Share Discussion Threads

Showing 51 to 73 of 75 messages
Chat Pages: 3  2  1
DateSubjectAuthorDiscuss
23/3/2017
00:03
nimbo I'm also new to subscription shares in the same way and I agree with your example; but for precision I'd say that in order for a buyer of FASS to see an immediate paper benefit on conversion, FAS would need to be at least 404.75p ON THE LAST BUSINESS DAY OF NOVEMBER 2017 (or 2018 or 2019 at higher prices), + add on a small premium to cover any dealing costs of buying FASS in the first place + not sure but, probably add some other estimable premium to account for the dilution effect of conversion. but of course all you and I need to bother about (existing FAS holders given FASS at issue)is that FAS > 370.75 for conversion in 2017, or > 381.75 (2018) or > 392.75 (2019) Maybe even if FAS were to be a tad less than 404.75p some FASS buyers may think it still worth converting because: after the first conversion date the time risk of holding FASS bounces back up and therefore puts downward pressure on FASS; and FAS pays a modest dividend and isn't time limited while aiming for capital appreciation anyway and 5 times less leveraged. Of course someone could also potentially gain or lose by selling FASS (anytime before end Nov 2019) instead of exercising/converting it.
cordwainer
22/3/2017
10:59
I own some FASS as was given them in subscription share issue. I am still not entirely sure how FASS works. Owning one FASS share gives you the right to buy 1 FAS share at the subscription price, the first round is 370p. But at the moment the subscription shares are 34p to buy... So the share price would need to be at 404 for me to benefit from buying more subscription and then exercising if I purchased more today....so you are basically gambling on the future price at a point in time. Please correct me if I am wrong.
nimbo1
21/3/2017
16:53
nimbo1 FASS also well worth buying. Now very good value.
kenmitch
21/3/2017
15:08
Well this is 10% of my holdings now after the recent strong run. I expect volatility at some point but will be holding this for 30 years +.
nimbo1
20/3/2017
16:43
Sharp narrowing of discount lately, FASS well in the money. The NAV needs to catch up though, and most markets aren't cheap. Expect some consolidation.
cordwainer
12/1/2017
23:53
2.75p (less than 1%) off the subscription price
cordwainer
06/1/2017
12:43
Good purchase : ). FAS and HFEL both done v well over 12 months. Between them they now account for 20% of my portfolio. I won't be selling because long term I want exposure. I have just sold all my US stuff following the trump bump and £ fall.
nimbo1
04/1/2017
16:33
I more than doubled my holding of FAS on 27 Oct just to get more bonus FASS. Trimming FAS back a bit now as its making me very overweight Asia but hopeful that it won't all get 'Trumped' upon. Now on smallest discount in 5 years. Maybe latest fad of rotating from growth to value styles having some effect. Also, some HK/China stocks (esp. TMT's and consumer) have gotten too cheap because of the herd running away from depreciating yuan and Trump's anti-china rhetoric.
cordwainer
04/1/2017
15:54
Great rise here - well done FAS. Looks like the Herd (probably wealth managers) have suddenly noticed the manager grew the NAV during a flat market and his value picks in growth countries are now paying off. Doubled the divi in the space of 12 months. Has grown into my largest holding. Maybe FASS will be worth something after all...
nimbo1
14/12/2016
22:37
Appeared by the 12th Dec on Fidelity Fundsnetwork. Obviously out-of-the-money and very illiquid right now but you'll need to be quite pessimistic if you can't see the FAS share price making at least 11 / 12 / 17%+ within the next 1 / 2 / 3 years. Surely being overweight India can't be bad beyond the postnatal blues of demonetisation & GST ?
cordwainer
08/12/2016
15:38
Nothing here! Still.....
mozy123
07/12/2016
18:23
They've arrived!
typo56
07/12/2016
11:23
Still no FASS allocation in my Selftrade account. A bit slack.
typo56
06/12/2016
19:10
Not yet with HL - although the dividend was credited early this morning
mozy123
06/12/2016
16:44
Have you all received you subscription share allocations? IGG credited to my account today (and they were even tradeable as FASS) but Selftrade haven't.
typo56
01/12/2016
12:26
I'm new to these things but afaik, there's no overall benefit to shareholders and the subscription shares are higher risk, being a leveraged security. Vote is tomorrow I think.
cordwainer
26/10/2016
10:22
does anyone get the benefits of the subscription shares - surely if you can still buy in the market at a discount that would be preferable? Perhaps I am being silly.
nimbo1
27/6/2008
22:00
http://rxxx.com
micolli
03/10/2007
08:41
Far East's a bit volatile today - still, these are up again. Just hope FJV follows suit soon.
cyborg27
02/10/2007
08:36
Powering ahead now.
bsg
05/12/2006
20:13
Today it was announced that there will be 12,190,111 warrants left unexercised. At the AGM, the resolutions passed under Special Business included... A Special Resolution granting the Company authority to purchase up to 14.99% of its own shares in issue on 2 October 2006 for cancellation. The maximum number of shares authorised to be purchased is 14,017,368 ordinary shares. Surely it is in everyone's interest for FAS to offer, say, 105p for these warrants (exercised) for cancellation?
foster
23/11/2006
11:34
Hhmm....NAV up again.
mart
23/11/2006
11:02
FAS has climbed steadily and consistently over the last few months and has still not reached its previous highs. FASW (warrants) need to be exercised by November 30th - but that leaves a good week for further increases in the underlying
sandbank
Chat Pages: 3  2  1
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