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BGS Baillie Gifford Shin Nippon Plc

112.80
-0.60 (-0.53%)
13 Dec 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Baillie Gifford Shin Nippon Plc LSE:BGS London Ordinary Share GB00BFXYH242 ORD 2P
  Price Change % Change Share Price Shares Traded Last Trade
  -0.60 -0.53% 112.80 622,457 16:35:12
Bid Price Offer Price High Price Low Price Open Price
112.40 112.80 113.00 112.20 113.00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Unit Inv Tr, Closed-end Mgmt -80.4M -81.91M -0.2794 -4.02 332.48M
Last Trade Time Trade Type Trade Size Trade Price Currency
16:35:12 UT 16,932 112.80 GBX

Baillie Gifford Shin Nip... (BGS) Latest News (1)

Baillie Gifford Shin Nip... (BGS) Discussions and Chat

Baillie Gifford Shin Nip... Forums and Chat

Date Time Title Posts
18/11/202412:43Shin Nippon88
27/4/201714:18Financial Offer/Business Funding Available Through Bank Instruments-
08/4/201313:53The bubble after the gold bubble10
27/4/201013:53Japanese Mkt. getting cheap32

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Baillie Gifford Shin Nip... (BGS) Most Recent Trades

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Baillie Gifford Shin Nip... (BGS) Top Chat Posts

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Posted at 26/4/2024 20:37 by spangle93
Latest Kepler paid note



However, another reason for Japan being in favour is the relatively
strong economic situation it is in, with modest inflation and wage
growth meaning that the Bank of Japan has been able to move away
from negative interest rates. In our view, this creates an encouraging
picture for corporate earnings growth in Japan which could see smaller
companies do well on a fundamental level. That said, we will likely need
to see a broadening of investor interest into the small cap space and into
higher-growth companies to see BGS outperform.

Calling a turning point is difficult, but BGS looks attractive on a
fundamental level at the moment. The growth metrics look strong, while
Praveen notes that the focus on profitability in the Japanese market is
being felt in his portfolio companies too, and means management teams
are incentivised to boost returns. If sentiment shifts, we think this could
be a powerful combination.
Posted at 27/3/2024 11:34 by spangle93
I saw that, but really, it's a bit jam tomorrow isn't it.

We've had 3 years of underperformance - would we really wait another 3 years of lost opportunity cost for that carrot.

FJV reported annual results today (though technically it's in a different AIC category). Second sentence of their performance overview
"Spurred on by corporate governance reforms increasing focus on shareholder returns, the bulk of the rally was driven by more traditional ‘value’ style companies, although the higher-growth businesses preferred by the Portfolio Manager, Nicholas Price, began to regain favour towards the end of the year."

So the BG story does seem to ring true (though noting FJV rose 12% in that year, despite the headwinds)
Posted at 26/3/2024 22:02 by investingdad
Just seen this on ii:A key point announced in the results is the trust's introduction of a one-off performance incentive to buy back up to 15% of issued share capital at a 2% discount to NAV if, over the next three years, the trust underperforms its benchmark (subject to shareholder approval).
Posted at 25/3/2024 13:10 by marktime1231
This says it all

"Over the year to 31 January 2024, the Company's net asset value per share† declined by 14.9% and its share price by 20.5%. The comparative index* appreciated by 6.3%."
Posted at 25/3/2024 07:51 by spangle93
Annual summary, produced to end Jan

Cue reprise of previous years "it wisnae me, it was the macro-economics"
Posted at 28/2/2024 18:24 by cgequityinvest
I have been a holder for circa 5 years and therefore enjoyed the 50% rise in the share price seen in 2020. Unfortunately its been all downhill since then.

Its a cyclical sector but there performance has been poor. I wrote to the Chair last week complaining about the performance, lack of communication with shareholders and their seeming unwillingness to address the significant discount. I also asked why they did not introduce a redemption programme whereby shareholders could cash in shares say once a year at a small discount.

The Chair accepted the poor performance and said they have increased buybacks to try to address the discount. He did not address the possibility of a shareholder redemption programme but encouraged me to read the forthcoming accounts and his Chairmans statement.

I may be wrong but i suspect the pressure from shareholders is starting to tell and I wonder if we will see news of some sort of potential change of manager or perhaps more likely a redemption programme and maybe reduction in management fee being introduced. The fund manager certainly needs a kick up the backside or to be changed.

I would encourage you to email the Chair with your concerns - email address is
enquiries@bailliegifford.com
Posted at 23/2/2024 17:43 by spangle93
Seems like we're not the only ones that are confused. Investing royalty has also been dumfounded



The Nikkei has gone into new high ground about 34 years after the last high. Apparently the Japanese corporate sector is doing very well (unlike the Government of Japan). Accordingly, as the Nikkei has leapt ahead I have supposed that my holding c. £200,000 of Baillie Gifford Shinbun (BGS), upon which I made 200% some years ago for my family, would cause me to regret my impatience in closing (the Nikkei has subsequently more than doubled). However, nothing of the sort is the case since BGS has clearly gone down. I do not know why – perhaps the talents who ran it left BG who in turn failed to come up with a successor of remotely comparable ability. Explanations on a postcard, please.
Posted at 13/2/2024 09:25 by nickname27
What a dog.

TOPIX is up 30% TTM, Small Cap Index is up 8% and BGS is down 14%.

This has missed its benchmark so badly it's in a different timezone. You'd have thought the reputational hit would have sparked some action from the PM by now. Did he chase up meme stonks during covid and then hold them all the way back down?

If the PM doesn't commit seppuku soon the board needs to perform kaishaku.
Posted at 26/12/2023 10:00 by 8w
Thanks for posting yupa.
Unfortunately Kumar has had the same story for the last two years and the share priceis not so positive...would be great to see a turn of fortune for this share
Posted at 26/7/2023 06:51 by 8w
Is there a currency headwind here?
Strong pound / weak yen. Meaning share price rise in Japan is not translated back to pound sterling and subsequently reflected in BGS nav.
Baillie Gifford Shin Nip... share price data is direct from the London Stock Exchange

Baillie Gifford Shin Nip... Frequently Asked Questions (FAQ)

What is the current Baillie Gifford Shin Nip... share price?
The current share price of Baillie Gifford Shin Nip... is 112.8p.
How many Baillie Gifford Shin Nip... shares are in issue?
Baillie Gifford Shin Nip... has 293,191,301 shares in issue.
What is the market cap of Baillie Gifford Shin Nip...?
The market capitalisation of Baillie Gifford Shin Nip... is GBP 332.48 M.
What is the 1 year trading range for Baillie Gifford Shin Nip... share price?
Baillie Gifford Shin Nip... has traded in the range of 101.80p to 134.00p during the past year.
What is the PE ratio of Baillie Gifford Shin Nip...?
The price to earnings ratio of Baillie Gifford Shin Nip... is -4.02.
What is the cash to sales ratio of Baillie Gifford Shin Nip...?
The cash to sales ratio of Baillie Gifford Shin Nip... is -4.09.
What is the reporting currency for Baillie Gifford Shin Nip...?
Baillie Gifford Shin Nip... reports financial results in GBP.
What is the latest annual turnover for Baillie Gifford Shin Nip...?
The latest annual turnover of Baillie Gifford Shin Nip... is GBP -80.4M.
What is the latest annual profit for Baillie Gifford Shin Nip...?
The latest annual profit of Baillie Gifford Shin Nip... is GBP -81.91M.
What is the registered address of Baillie Gifford Shin Nip...?
The registered address for Baillie Gifford Shin Nip... is CALTON SQUARE, 1 GREENSIDE ROW, EDINBURGH, EH1 3AN.
What is the Baillie Gifford Shin Nip... website address?
The website address for Baillie Gifford Shin Nip... is www.bailliegifford.com.
Which industry sector does Baillie Gifford Shin Nip... operate in?
Baillie Gifford Shin Nip... operates in the INVESTMENT TRUSTS DIV'D sector.