Baillie Gifford Shin Nip... Share Discussion Threads

[shavian] 26/6/2016 07:11

Yes, otherwise you might as well buy the OEIC version. A bigger consideration this weekend is GBP/JPY which is unfavourable except in a hedged fund of which JPM Japan has a version. Interesting times!

[jhan66] 23/6/2016 07:55

Nav down by 40p in two weeks. I hope to buy in again but only when the premium has disappeared

[betman] 22/6/2016 08:37

Down 4.4% today is a huge drop for a trust like this. Cannot see any obvious reason ??

[mad foetus] 04/6/2016 07:15

shavian,
I'm heavily into HSL as well, though to be honest there are other small cap ITs at similar discounts that I think are just as undervalued - BRSC, THRG etc
Legg Mason Japan was up 3.8% overnight - 40% in 6 months, 80% in 12. Clearly there is something in the Japanese smaller company space for good stock pickers. BGS is on my radar, if it falls back (mind, I held off buying Burford when it jumped from 150p to 180 - now its 340 and still hasn't fallen back!)

[shavian] 04/6/2016 06:43

I got out on 23 May and spent the last week kicking myself, but these latest US jobs figures are ominous and will have a global effect which could badly felt in Japan. MF - interesting comment about Aviva/Friends. I'm drip feeding BGS money back into HSL which is on a stonking discount which I feel sure is bound to narrow if we vote to remain in the EU, as still seems likely.

[puffintickler] 14/5/2016 06:10

You may yet prove to have been right to sell out, my timing was pretty rubbish in the overall scheme of things.

[mad foetus] 13/5/2016 08:31

well, I sold out too quickly but a profit's a profit
I like BGS a lot, much the best play in the sector (though the open ended Legg Mason Japan Fund is stellar). But so many ITs are at wider discounts than usual: I don't know how much of it is connected with Aviva's purchase and subsequent sale of the Friends investment book.
Good luck all, though not in the short term as I'm hoping for a pullback so I can get back in!

[puffintickler] 12/5/2016 11:10

I've been building up a portfolio of investment trusts. BGS has been on my buy list since August but unfortunately I did not get round to executing the purchase until last week when I finally took the plunge at 471p. It's now my top performer, no doubt that will quickly reverse.

[mad foetus] 09/5/2016 13:24

sold out - had expected to hold for ages but after a 7% rise since 29 April thought I'd take my winnings. will be back, no doubt

[mad foetus] 29/4/2016 11:21

started building a position today, Japan looks oversold to me and I think BGS is well placed

[closetinvestor] 09/1/2016 19:26

Took an initial position here over December and have been adding also, Woodcutter. My only position in the Japan Small Companies space.

[woodcutter] 08/1/2016 11:19

Took an initial position here this morning. I have a substantial holding in JPS and the recent drop is an opportunity to diversify across differing IT's. All pointers suggest we'll further upside in Japan over the coming years so will watch with interest.

woody

[protean] 08/4/2013 13:53

Various other Japanese funds are doing well at the moment harry e.g.

AJG
BGFD
FJV
JFJ
JPS
PJF
SJG

There is certainly a fair bit of momentum at the moment.

[harry the haddock] 08/4/2013 13:39

thanks for that protean - backs up my decision to stick this one in my sipp. don't think i'll be in it for years as i suspect the japanese rally has a relatively short shelf life but lets hope it's a good ride while it lasts

[zcaprd7] 08/3/2012 23:07

What happened here then?

[gramshaw] 31/3/2011 14:59

Buffett believes japanese stock are a buy.

[gramshaw] 04/1/2011 20:50

Marc Faber again reiterates ...

"Japan Equities: While everyone is still bearish on Japan, Faber likes Japanese equities and thinks they have the potential for more upside. In particular, he likes Japanese financials such as Nomura and Mizuho Financial."

[gramshaw] 24/12/2010 09:17

"Interestingly here, Japan's small-cap index – represented by the iShares MSCI Japan Small-Cap Index (NYSE: SCJ) – is collectively trading at less than its book value."

[gramshaw] 20/12/2010 12:44

Marc faber reckons japanese equities are the cheapest in the world.

[gramshaw] 20/12/2010 12:40

Good stuff about why getting investing in Japan now is investing at the ground floor.

[gramshaw] 02/12/2010 14:41

Currently trading at a 14% discount to NAV.