Baillie Gifford Shin Nip... Share Discussion Threads

[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.

[chopsy] 06/3/2018 15:09

Oops, sorry, screen refresh sorted it.

[chopsy] 06/3/2018 15:08

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?

[dragonsteeth] 23/2/2018 17:20

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 .

[chopsy] 23/2/2018 15:55

Nice to see 950 broken, let's hope it holds.

[chopsy] 19/2/2018 10:57

Thanks to you both, doing well today!

[tudes100] 19/2/2018 10:35

Just check out the performance over 1/5/10 yrs, not comparable. BGS is the class act in the sector imo.

[killing_time] 19/2/2018 10:13

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.

[chopsy] 19/2/2018 08:49

Could you say why BGS is at a premium and JPS is at a discount? I would have thought them comparable. I have both.

[chopsy] 19/2/2018 08:48

Looks like good timing.

[killing_time] 05/2/2018 19:02

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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[mad foetus] 07/9/2016 16:01

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.

[shavian] 26/6/2016 08:11

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 08:55

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

[betman] 22/6/2016 09:37

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

[mad foetus] 04/6/2016 08:15

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 07:43

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 07:10

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