Sorry, issues still taking place |
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. |
Rising price has cleared the £2 mark. Thats > £10 ps before May's share split |
Decent rise here today so far |
Indeed - with price below the latest reported NAV I have added few more. |
It looks like that premium has gone now..! |
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) |
Can anyone tell me what advantage these frequent equity Issues are for us? |
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. |
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. |
New ATH at 992p. Ten quid beckons! |
A good Annual Financial Report , a 5:1 share split is proposed to reduce share price. |
Oops, sorry, screen refresh sorted it. |
The six month chart is not keeping up with the intra day and the two year, on my device. Is that what you see, too? |
I’ve held here for quite a while, currently the best performer in my portfolio, probably the best performer thisyear too. I was wondering if with the premium to NAV as it is whether to sell, but it keeps on performing . I do think that part of this year’s price rise was partly due to last year’s performance getting BGS lots of good publicity as one of the best performing ITs . |
Nice to see 950 broken, let's hope it holds. |
Thanks to you both, doing well today! |
Just check out the performance over 1/5/10 yrs, not comparable. BGS is the class act in the sector imo. |
Dont really know. I put it down to the fact that it seems to out perform other Japanese investment trusts so i guess your paying a premium for quality. |
Could you say why BGS is at a premium and JPS is at a discount? I would have thought them comparable. I have both. |
Looks like good timing. |
Bought a few of these today. Been looking at these for a long time but finally jumped in on the pullback. Don't really like buying at a premium but just cant see it going to a discount. KT. |
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Bought in at 501 earlier today. NAV 527p, I think the yen may strengthen a bit v sterling but my basic rule with BGS is to buy at a discount and sell at a premium. The share price has dropped around 10% without the NAV moving recently, looking seriously cheap right now. |
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