Baillie Gifford Shin Nip... Share Discussion Threads

[darryn1] 20/3/2020 10:14

Current discount to Nav is 12%

[psync] 24/2/2020 09:28

Hard hats at the ready.

[psync] 21/2/2020 09:23

Would a sell-off in US markets contribute to the price decline here? This is my worst performing IT over the last 6 months and while I'm happy to top-up to maintain exposure to the sector, I'd rather top-up while it's on the way up, rather than the way down. Feels like there could be continued selling pressure if US indices decide to return to their 150 or 200 day moving averages any time soon. Global equities have had a great run of late.

[mpjsb1] 18/2/2020 11:11

Now on a 5% discount. Definitely not flavour of the month any more! Wonder if we'll get a bounce from 160 again?

[mpjsb1] 25/7/2019 14:51

Virtually no premium any more.

[merrimac] 29/4/2019 07:42

Sounds really positive....this fund needs to get moving ahead....but no doubt it will be slow as there were a couple of company mentions around the lines of: forgoing profits this year for future growth. Ever since they did the split it has been flat.

[yupawiese2010] 26/4/2019 19:58

Short video from the fund manager. hTTps://tinyurl.com/y5cbgkls

[apage] 21/8/2018 18:29

It's quite easy, the extra funds diluted what's out there so reducing the value hence share drop BUT the extra cash could help drive up returns if invested wisely so hold on.

[merrimac] 20/8/2018 18:49

So no one could explain it...he he he...thankfully my light bulb has just gone on and I have realised that through issuing new equity they are realising a portion of the premium in cash and hopefully are buying more assets (with this new money) meanwhile growing the size of the fund and thus lowering the cost per unit (also reducing the dividend per unit as a downside). Hmmm, hope I have it right...it suits my brain anyway.

[merrimac] 08/8/2018 14:09

I have tried to understand this constant issue of New equity but I just can't - there is little to explain it available on my google searches. For BGS it doesn't seem to be helping the trust's listed price???? Does anyone have a good link or more simple/broader explanation that provided in the post previously. Many thanks.

[cleopatrax] 16/6/2018 14:24

Sorry, issues still taking place

[cleopatrax] 16/6/2018 14:18

Thanks pj but I had assumed that the size of the share price premium itself would do that, but it looks to me that over 10 issues and the 1 for 10 over the last month or so has taken the shine off the share. From a premium drop from 15 to 5 and splits still taking place, I'm still asking why? BGS is one of my worst 6 month performers, and I can't just put it down to Japan.

[wtacraig1] 15/6/2018 09:48

Rising price has cleared the £2 mark. Thats > £10 ps before May's share split

[scottishfield] 11/6/2018 11:04

Decent rise here today so far

[cgequityinvest] 08/6/2018 11:59

Indeed - with price below the latest reported NAV I have added few more.

[joshgroeny] 08/6/2018 11:13

It looks like that premium has gone now..!

[pjw956] 06/6/2018 21:30

frequent equity issues are to ensure adequate supply of shares in the market to satisfy demand - this damps down the premium to nav which has been running way too high. even +5% is high and is pricing in continuing success which is just not possible all of the time ( I wish it was but all shares have their cycle)

[cleopatrax] 30/5/2018 19:58

Can anyone tell me what advantage these frequent equity Issues are for us?

[cgequityinvest] 23/5/2018 11:27

Interesting that premium has narrowed significantly since share split. Prior to share split (mid May) it was running at just over 10%. As of now it has reduced to just over 5%. A few new shares have been issued but not huge amounts.

[dragonsteeth] 14/5/2018 12:01

AGM this week so vote on 5:1 share split - £10 would be nice to reach giving a clean £2 per share. This has become my largest holding, but reluctant to trim despite the near 10% premium to NAV.

[shavian] 14/5/2018 08:02

New ATH at 992p. Ten quid beckons!

[dragonsteeth] 11/4/2018 14:47

A good Annual Financial Report , a 5:1 share split is proposed to reduce share price.