Baillie Gifford Shin Nip... Share Discussion Threads

[spangle93] 25/7/2023 21:36

Thx yupawiese

No obligation, but would be interested to know why you don't hold now, if you have a regard for manager. It would seem like bargain country?

[yupawiese2010] 25/7/2023 18:15

Extended webinar with the fund manager, after his recent visit to Japan



For total clarity I dont hold at present, have previously, & have high regard for Manager

[tonytyke2] 19/10/2022 10:25

That was a good article Spangle93, I have had BGS on my watchlist for around 9 months now and decided to buy a small holding today.The timing of this may turn out not to be the best but I am buying now for the longer term and will be adding further when a good opportunity arises.Good luck all.

[1solon] 31/5/2022 17:11

Starting to nibble here.

[spangle93] 11/5/2022 14:55

Daily Telegraph featured Fund of the Week



....
"There are stocks in the portfolio that have fallen by 60pc-70pc over the past 12 months, but if you look at what they have done operationally, a lot are still growing at 40pc-50pc and continue to invest for future growth.

This is both challenging and exciting for us, because you don’t see such low valuation multiples very often. For example, many stocks in the portfolio have sold off so aggressively that they are trading on less than one or 1.5 times “price-to-sales”, the share price relative to revenues.

These are multiples you would associate with mature, steady growth businesses, not those growing at 40pc-50pc a year.

This is potentially a once in a decade buying opportunity, but it is challenging when day in, day out these stocks are selling off – and there is no fundamental reason why."...

[8w] 03/2/2022 20:19

A lot more tech in here than I had appreciated....I guess another red day tomorrow.

Good buying opportunity coming up .....

[spangle93] 19/10/2021 07:06

BGS presentation coming up with Kepler on November 4th



Hopefully they can inject a little optimism after a pretty lacklustre 12 months

[gopher] 19/1/2021 17:38

Down to a small NAV premium of 3% which looks a fair entry point

[spangle93] 14/11/2020 08:23

With NAV around 240p it's trading at close to 10% premium!

Versus usual trading at a small discount

Share price moving in advance of NAV rises, or time for trading in for a profit?

[merrimac] 25/9/2020 20:23

Probably just because Buffet has gone into Japan so it is being noticed

[spangle93] 24/9/2020 16:34

Now 20% in a month

[spangle93] 15/9/2020 19:57

Whether it's as a result of the new guy at the top in Japan or not it's been a good September, with more than 10% rise in share price so far.

[jfinvestments] 28/8/2020 21:57

I thought there would be more Abe reaction here.

[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 13:51

Virtually no premium any more.

[merrimac] 29/4/2019 06:42

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 18:58

Short video from the fund manager.

[apage] 21/8/2018 17:29

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 17:49

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 13:09

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.