Scottish Oriental Smalle... Share Discussion Threads

[steve3sandal1] 30/11/2023 12:03

Taken a holding here about 2% of my portfolio. I quite like everything they say and do. My EM now about 10% including MYI look through. Mobius, FEML and JPM EM income. EM not a great MSCI track record in recent years so definitely some reversion is possible

[chinahere] 09/10/2018 09:21

Currently have some - shocked by the fall - will look into this more.

[andyj] 09/10/2018 01:16

Taken a position here, anyone else in these?

[luckymouse] 14/2/2017 15:39

Well she got there in the end - took about 6wks - helped by china and India flows - that was hard way to make 7% lol (or 20% SB). Strong volume currently.

Oversold RSI + Williams (long & short osc's) combined with bull divergence on the momentum + money flow (turn anticipation displayed in both MTM & weakening sellers/strengthening buyers) - is a slam dunk - don't care what non chartists say about TA - when all four osc's tell the same story - and its a non manipulated asset - its a slam dunk!!!

[luckymouse] 14/2/2017 00:48

Topix smalls

[luckymouse] 16/1/2017 16:10

Hi Dave - tks for bringing that one up - its a touch low on perf for my own style - I like to catch a whoosh if poss - not sure what it is? A bond, inc class or a sub on AAS perhaps? AAS has v similar perf to SST - but Asians quite a mixed bag at the mo - tricky to identify the main flow - SST somewhere in the middle/lower range.
Japan indices have a similar mixed perf issue - nikkie smalls show one thing - topix smalls show completely another (locals consider the topix a better representation but that doesn't help much when its so mixed as you cant know quickly where your IT sits within that lol).
FAS or SJG was probably a better bet as looking to beat a decent high sharpe benchmark.

EDIT: just looked AASC up - its a CUL (convertible unsecured loan stk) - so a bond that can be flipped into shares at a certain price/ratio - I guess like ZDPs one hopes they slowly creep upward

[davebowler] 16/1/2017 15:30

Have you looked at AASC as an alternative with protection and more than twice the yield?

[luckymouse] 09/1/2017 13:52

Tokyo Smalls index

[chinahere] 07/10/2016 13:27

Thanks for those - I will keep them and research a bit more.

Yes, I love ITs too. They act just like normal 'Mister Market' shares but you can also see their intrinsic NAV which is a good indicator of market mis-pricing.

Only problem is they often have very high management charges so very long-term they may not be so good to hold.

I guess trading into ITs on NAV discounts and back out into good funds may be a good method.

[nimbo1] 07/10/2016 12:47

Yep - trusts I own heavily include.

HFEL - bought in Jan this year yielding 8%! Crazy when you look at things now.
FAS - another very good asian small cap trust
BRFI - doesn't trade on a discount as one of the only ways to access frontier markets.

all risen strongly but performance from here will be influenced by sterling, trend could reverse or continue...predicting that is above my pay grade. So at this point they come with a warning but at least some of them are on wide discounts.

I love investment trusts - they seem to react days after clear trends and rising nav's or currency movements have been established making entry point's far easier to time that the wider markets.

[chinahere] 06/10/2016 19:12

"Excellent trusts like these don't get nearly enough attention."

I agree nimbo1!

I see that the Asian and small UK companies ITs are at a steep discount and like you I like SST a lot. I am now looking around for some diversity in similar ITs. My current idea is HSL.

Have you got any others you favour?

Cheers.

[nimbo1] 06/10/2016 12:57

Discount to NAV now almost at its widest ever level thanks to currency swings and rising asian markets.

19% discount including income. Imagine it will reduce to 12% again over the next few weeks.

Excellent trusts like these don't get nearly enough attention.

[nimbo1] 07/7/2016 19:46

NAV over £10

[davebowler] 24/6/2016 14:31

Its up today!

[rambutan2] 12/10/2015 17:14

Noted that the manager bought 25,000 at 737p last week, to take her holding to 32,000. She must be quite confident that near a low to commit a £184k of her own dosh to the shares.

[davebowler] 21/8/2013 09:50

19 August 2013 NAV.

Financial assets have been valued on a fair value basis using bid price, or, if more appropriate, a last trade price basis.

The figures do not include any provision for capital gains tax on net unrealised gains on holdings of Indian securities.

805.88 pence per share (excluding income)

819.47 pence per share (including income)

[davebowler] 16/5/2013 14:05

This is worth a look too - WKOF

[richard xii] 09/5/2013 08:09

Top performing investment trust over ten years. £100 turned into £875.31.

Congratulations and thanks to Susie Ripingall - and a well earned retirement.