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Share Name Share Symbol Market Type Share ISIN Share Description
Fidelity Asian Values Plc LSE:FAS London Ordinary Share GB0003322319 ORD 25P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -4.00 -1.11% 357.00 357.00 361.00 361.00 357.00 361.00 149,080 16:35:03
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Equity Investment Instruments 10.6 7.2 8.6 41.3 263

Fidelity Asian Values Share Discussion Threads

Showing 76 to 98 of 100 messages
Chat Pages: 4  3  2  1
DateSubjectAuthorDiscuss
13/10/2020
10:34
what's happening with the dividend?
davvero
08/9/2020
11:10
The company started buying back shares around the time that the discount widened (14th May). Are they buying to manage the discount? Or is something else going on here? They have bought back in excess of £5k of shares now and discount settling at 8-10% range.
shieldbug
10/12/2019
23:48
my subscription shares got exercised today. more than i can say for myself.
cordwainer
19/11/2019
14:37
Well yes, a bounce seems to be very likely.... ss now it seems to have reached bottom - so it should only go up... I am not questioning that at all... But the bounce will be mainly to the benefit of the new buyers, while for long term holders like me - with no money for buying more - it will be just catching back lost ground...
davvero
19/11/2019
13:28
@Ken..."FAS poor share price could be because of imminent expiry of the sub shares.".... Not convinced at all by that.. the share price down trend started on 1st August... This Bajaj Manager went head over hill in his change from large to small companies, throwing caution to the wind, a mistake one associates with investor beginners who know very little about markets... and he was full aware of the situation of small companies - or he should have een - as he also runs a small fund company, which now mirrors FAS hxxps://www.morningstar.co.uk/uk/funds/snapshot/snapshot.aspx?id=F00000NF9S..... so he knew very well what small companies in India (at least his choices of them) were not doing all that good
davvero
19/11/2019
12:23
FAS poor share price could be because of imminent expiry of the sub shares. IF these finish in the money and assuming a lot of lapsed sub shares exercised by the trustee, that means dilution on the downside, but also a lot of extra cash on the upside. More likely is that the subs will end up worthless, with lapsed subs not exercised. Have a hunch that if that happens share could have useful short term bounce early next month. btw......the subs were great fun earlier, as long as holders got out in time. I’m very sorry that warrants and sub shares have almost disappeared. They were a great way of getting big profits for modest and even small stakes.
kenmitch
19/11/2019
11:14
@steve... I don't know which is NT issue right now, but this Bajaj guy mistiming is out of order ... it has certainly opened fantastic opps for new buyers to the cost of the existing long term holders....
davvero
19/11/2019
10:27
I'm reminded of something Nick Train once said about a tomato sauce bottle, "you can shake and shake and nothing comes out, then it does". A very dull quarter but mean reversion and patience will eventually be rewarded here. Off topic but NT is having the same issue right now.
steve3sandal
19/11/2019
09:39
Yes, of course FAS looks like a great opportunity for buyers... the problem is for previous holders... since the 1st August this year the trend has been down... @Cord... thnaks for the article... Nothing wrong with the manager's policy in buying out of favour stock and switching from large to small companies... But it looks to me he has rushed too fast in that direction... His timing was very much too early and too substantial... He should have proceeded with much more caution and in smaller doses... he is guilty of impatience. What's right to do does not necessarily means you got to do it there and then in one go....
davvero
18/11/2019
22:52
Bought back in to FAS today for all the reasons in 49 above. My free subscription shares will likely expire worthless but I did have a cheeky trade over the past 3 years. Hopefully things will eventually settle down in the region and after all it is the area where most people live. Out of favour is usually a good place to start IMO.
steve3sandal
12/11/2019
11:28
@CORD.... your link only takes me to advertised fidelity link
davvero
12/11/2019
08:25
www.theaic.co.uk/aic/news/citywire-news/top-performing-fidelity-asian-values-cements-bias-to-ignored-small-caps
cordwainer
09/11/2019
06:13
Maybe one of us needs to try and check underlying investments to check whether performance of the smallest companies are dependent on flows in/out of this particular fund, e.g. liquidity issues ?? The recent benchmark change may have spooked a few less adventurous investors too.
cordwainer
07/11/2019
13:13
@shield....what I find very mysterious I could not uncover any logical reason for the share staying as it is... yes, there is the problem of tariffs, but the tariffs are not aimed directly at FAS! surely... Tariffs do not affect the other trusts in the sector no way near FAS... How is that? I know you can't explain - so the question remains open -
davvero
07/11/2019
12:46
I cannot explain why Nav is not rising but I would point out that Nav was steadily rising until 1st August when Trump slapped 10% tariffs on $300 billion of Chinese imports and then Nav declined pretty much continuously until now.
shieldbug
07/11/2019
11:48
can anyone explain why the share price is not moving up?... A mistery to me, with china and india indices both moving up, yet Fas goes down....
davvero
07/11/2019
10:23
70.9m shares in issue and 11.1m subscription shares remaining. Some dilution. In the annual report the manager says aggregate PE of portfolio at 8-9x. Graph shows PE at 9 at July 2019 but NAV has fallen quite a bit since then and AR published 15th October so I am guessing PE closer to 8 at the moment. Possible trade deal on the horizon. Started buying a few. Be glad to see the back of these subscription shares.
shieldbug
01/11/2019
23:35
so final subscription offer has ended up at quite small discount to NAV. I will probably be exercising it.
cordwainer
23/10/2019
14:21
this becoming problematic with NAV at 10-month low ?
cordwainer
02/11/2018
14:11
subscription exercise deadline coming up 27 Nov, effective 14 Dec.
cordwainer
10/10/2018
11:04
It's only down to make my sub shares not worth converting on the exercise date. Will head up again after that.
cordwainer
20/7/2018
17:57
Hi Matchmade, think you have the wrong thread. This is FAS not FASS.
the oak tree
21/3/2018
21:50
FYI, FASS has just been recommended by Money Observer, due to the multibag potential over the next year and nine months. The current spread on FASS is crazy though - 23p to buy and 16p to sell - so there's a substantial initial loss to grin and bear with.
matchmade
Chat Pages: 4  3  2  1
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