Fidelity China Special S... Share Discussion Threads

[colinio] 05/4/2012 10:38

I personaly think the price will stay low over the next 3 months or so (a lot of results will disappoint), at which point i will look to buy in for the long term 5 years+. I could miss the boat of course but would rather do that than risk chasing losses all the time.

[whizzy1] 04/4/2012 21:57

sold £10K @79.5 hopefully stay low until cleared funds then re-invest into the ISA next week, the right thing to do was pay a £65 transfer fee at market price, but i do love taking risks!
Kentz dropped 8% today! gutted (10% Saudi stakeholder cashed in)

[whizzy1] 01/4/2012 20:29

Hmmm I've calmed down now lol spose I'd better see what this week brings, got to decide risk another low punt of 10k in the ISA and be prepared to sit it out for the next 5 - 10 or add to my Kentz stock with the spare cash? I don't need the money for at least 15-20 years.

FCSS = high risk but poss high returns in past 5 or KENZ which has brought me huge returns since the IPO?

FCSS breaking even @ 82p
KENZ I'm up over 375%

[tenapen] 29/3/2012 18:12

Thanks for the reply.

If the share price was a healthy premium to the launch price then yes maybe he would leave on a high. As they are down and still falling i doubt he would leave low with his reputation damaged.

Regards.

[bigwilly1986] 29/3/2012 15:57

He hasn't decided whether to stay after April 2013 yet, he'll say so before the AGM in July. I just got the impression that he won't stay much longer, with phrases like 'I always said I was going there for a finite length of time; I wasn't going to end my days in Hong Kong'. And he misses his dog apparently(!)

[tenapen] 28/3/2012 19:31

I had not heard that Mr Bolton was leaving at the end of his inital contract ! do you have a link to that news bigwilly ?

Cheers

[bigwilly1986] 28/3/2012 09:46

Yeah I've just cut half of mine Whizzy. We all knew this was a potential disaster with high fees, hl & fidelity selling it frantically for commission etc, but I was prepared to gamble a little for a bit of Bolton magic. I've listened to the webcast and accept what he says about bad timing, and I'm sure this could do well with 10 years of Bolton at the helm. But he's only going to be there for a little longer, and then this becomes just another Chinese investment trust.

[gbb483] 14/3/2012 10:13

You have to say it lots of times if you expect punters to believe you.

[halfpenny] 03/3/2012 11:23

FCSS is not up as it had a great fall, so lots of upward potential well above £1.20... coming soonnnn

[masurenguy] 01/3/2012 08:03

China Manufacturing Gain Signals Asia Growth

China's manufacturing expanded at a faster pace in February and a gauge for India showed sustained growth, indicating that Asian economies are maintaining momentum even as Europe's debt crisis caps exports. In China, the purchasing managers' index rose for a third month to 51.0 from 50.5 in January, the statistics bureau and logistics federation said in a statement today. In India, a PMI released by HSBC Holdings Plc and Markit Economics was close to an eight-month high.

In China, the PMI's level, above the expansion-contraction dividing line of 50, was the highest since September and compares with the 50.9 median estimate in a Bloomberg News survey. Economic data in the first two months are distorted by the weeklong Chinese New Year holiday. A separate manufacturing index released today by HSBC Holdings Plc and Markit Economics rose to 49.6 in February from 48.8 the prior month, the third straight improvement and the highest since October. China's gross domestic product expanded 8.9% in the fourth quarter of 2011, slowing from a 9.1% gain in the previous three months, as the government waged a campaign to tame gains in consumer and housing prices.

[whizzy1] 28/2/2012 08:31

Trading at a slight premium on a regular basis.

[masurenguy] 27/2/2012 13:19

FCSS is currently up by circa 17% so far this year - putting it just ahead of the Shanghai market, which is up by 13% over the corresponding period.

[whizzy1] 24/2/2012 15:24

Quick blurt past 90? No level 2 on ipad. Shorts closing?
Still looking rosey through these glasses though.

[whizzy1] 17/2/2012 09:31

Cracking start to the year then, trending north for past 6 weeks aint bad.

[halfpenny] 15/2/2012 11:18

nice one i like these, will go well above 130p tis year, all smiling again...

[whizzy1] 02/2/2012 17:51

Lots of repositioning investment strategy advice coming from brokers who are calling to get in China before the rally that shouldn't be here is missed (a month too late IMO)
Still, nice to see an upbeat view on this stock from the big boys. Just hope the trend continues, however I would guess that when/if this hits a quid, there could be numerous pi's flogging off their stock.

[masurenguy] 31/1/2012 11:38

FWIW - small director purchase of 12,200 shares @79.5p yesterday.

[warala] 26/1/2012 11:25

Maybe the bottom was 70p.Lets hope for a good run in these.Anthony Bolton in time may yet show a profit.