Baillie Gifford Japan Share Discussion Threads

[ifthecapfits] 08/8/2013 11:36

hxxp://moneyweek.com/japans-property-market-is-buzzing-again/

[ifthecapfits] 17/6/2013 13:20

Thats a bit better.

[wizard7] 10/6/2013 09:29

In for a third of desired total position first thing (below £3 thankfully).

[jim digriz] 06/6/2013 13:32

From 5% premium to NAV to 10% discount to NAV. Talk about gearing. Now if the Japanese stock market would please be good enough to go back up again...

[wizard7] 30/5/2013 17:11

Not yet - away for a few days and watching with interest. Sell in may and all that suggests to me opportunity over the summer to drop into some jap stocks but am watching u.s. interest rates...

[ifthecapfits] 30/5/2013 09:37

W7 - did you "join in".

[wizard7] 23/5/2013 08:00

Hooray! A chance to join in!

[wizard7] 16/5/2013 09:45

I still have phys - not a vast amount but enough to provide some security if the system fails. I have sold my miners on the way down - not soon enough by any means - but will be alive to potential bottoms...as it were. I think there is a way to go yet as everyone piles into general equities - to be sure it's a QE generated bubble but might as well have some of it...

[ifthecapfits] 15/5/2013 21:03

Do you still hold your PMs? Been battered but I think they will come back.

[wizard7] 15/5/2013 17:35

Might as well pile in then - that normally induces a sharp drop...very p'd off to have taken so long to get out of PMs (for now) and waiting so long to get in here - it would be nice to end the year a few percent up after two dreadful years...

[ifthecapfits] 15/5/2013 14:55

Its not going to pull back IMV. Seen how much printing is going on. The western masses are still underweight Japan - only a matter of time before they start buying.

[wizard7] 15/5/2013 10:41

Will you people please take some profit so I can get in??!! lol

[ifthecapfits] 17/4/2013 12:00

Onwards and upwards.

[darias] 11/4/2013 14:23

"I sold out today"

You may be right however our broker operates a rolling stop loss which means that we can ride the rise for as long as it goes and then get out when it starts to slide.

I can see no slide yet. It has clearly broken through resistance now trading at all time highs. The fact that they issued equity suggests to me that the mms took the stock as few are selling, why should they? You have held since December however many of us have held for years and we are not going to be satisfied with this small jump. (Ok now a 20% profit)

Remember, as reported on the Today programme this morning, the Japanese index used to be as high as nearly 40,000 compared with 13,000 today.

[jimbo55] 11/4/2013 13:23

I sold out today, but will buy back on any significant retracement. Have held since mid-December, but have learned to be wary of charts like the one above, which have gone parabolic. 14 day RSI is also over 70, which signifies overbought levels. Still think Japanese equities have further to run this year, but nothing ever goes up in a straight line.

[darias] 11/4/2013 12:43

Often one has concerns about the issue of equity however in this case,

"The Company announces the allotment of 400,000 Ordinary Shares of 5p each fully paid on 11 April 2013. Following the allotment there are 63,135,000 Ordinary Shares in issue. These shares were issued for cash on 11 April 2013 at a price of 330.00p per share."

Somebody or bodies has paid over 1.3 million for shares in the company. At a relatively premium price compared with 6 months ago. I have the foolish belief that nobody invests in a company to loose money so this must be seen as a vote of confidence.

As if the cap fits states he should hold on to his cap before it flies off.

[ifthecapfits] 11/4/2013 09:11

THat chart above is mental! I hold a modest amount. Still plenty to go IMV. THe Japanese themselves will start buying stocks soon.

[darias] 11/4/2013 09:05

It demonstrates the nature of these boards when nobody remarks that the Japanese stock market has risen more than 50% in the last 5 months and that this (hidden) gem is a way to get a piece of the action.

Instead they want to chatter about Sirius Minerals or Gulfsands which are not going to make them any serious money for years.

The madness of crowds!