Baillie Gifford Japan Share Discussion Threads

[holidayhome] 10/4/2013 18:37

In 2-3months Japanese Government Bonds IMO will start to rise as a result of their QE just like UK G Bonds did in 2011/2012 as our QE took hold here. However I'm struggling to find a fund/share to invest in JGB. Can anyone advise?

[darias] 19/3/2013 16:57

Well as a club we bought in March 2005 and sold in January 2006 having made over 50% profit however one of our members was not happy with this decision so persuaded the club to repurchase our original stake in February O6 having made that decision the same member persuaded the club to double our holdings in Feb 07. Those last two tranches have now hit profit after 6 years. Our stop loss is there.

[james93] 19/3/2013 16:05

I've just switched from these to FJV having made a 32% gain in a few months.

[darias] 19/3/2013 15:38

Weakness of the pound and long term holders not selling means shortage of stock.

[snowydays] 19/3/2013 12:49

Why are these shares soaring up above NAV when FJV still sells at a substantial discount?

[darias] 08/3/2013 10:48

At last.

These are above the price we paid for them and now in small profit and engaged a stop loss.

[zcaprd7] 27/1/2013 23:49

Good to see I'm not on my own...

[brydenws] 26/1/2013 10:47

Been holding these since 2005; nice to see them back in profit. Hopefully nmore to come.

[zcaprd7] 09/1/2013 09:47

Three year high. Nice chart!

[zcaprd7] 31/12/2012 09:23

Talking to myself here, but the technicals look as good as the fundamentals on this now...

[zcaprd7] 20/12/2012 16:01

Six years later, now might be the time!

[hosede] 15/3/2011 14:32

Yes I don't think there's any hurry - the nuclear problem could get a LOT worse
EDIT 16.20pm. Don't know why this has recovered so much today: tomorrow's NAV could be down another 10% to 180 ish - much too early to get back in (IMO)

[shavian] 15/3/2011 10:56

Trying hard to sit on my hands at these prices, Hosede, I agree with you. As soon as they get the reactors under control Japan will find a floor, but until then it's like trying to catch the proverbial falling knife. Hanging onto my wallet for a little while yet.

[hosede] 14/3/2011 18:25

The next few days NAVs will indeed be interesting, but long or even medium term the disaster could be a catalyst for growth. Those Japanese that lost everything will be forced to do some spending. I think these could become a "buy" again around the 160 mark.

[shavian] 14/3/2011 12:07

Awaiting the next NAV with some interest!

[hosede] 19/1/2011 14:06

Jonwig
Could be, but if the yen falls relative to the pound then BGFD loses relatively. Discount now only about 5.5%

[jonwig] 06/1/2011 14:22

hosede - maybe narrowed thanks to stronger US growth indications ...

better for Jap exports,

stronger dollar implies weaker yen. A weak yen (even a debt bust) is what the Japanese stockmarket badly needs.

[hosede] 06/1/2011 13:28

Discount to NAV only about 7% as opposed to 13% on 30th Nov.

[zcaprd7] 09/12/2010 16:40

And up, topped up on the new high...

[zcaprd7] 30/3/2010 12:26

Keeps going up...

[jonwig] 07/3/2010 16:22

Hello Hectorp - you're right about that effect of a falling Y. The other effect would be increased exports, a bit of good old inflation and, I suppose, a rising stockmarket.

One could argue that the overvalued Y has been a big part of the problem for Jap stocks for as long as some of us remember! The awful budget deficit position need not be bad for equities.

I've been putting money into here via their savings scheme for two years and now I'm showing a profit. Crossed over the bottoms! I seriously do expect 300p in due course.

[hectorp] 07/3/2010 14:13

Strong performer... pity its risen so much recently as I don't have any Japan exposure.
Buying Jap shares now though . you are paying for the expensive Yen. It is likely to drop - which would erode returns in sterling.