Fidelity China Special S... Share Discussion Threads

[arja] 28/7/2021 10:23

need a CFD or spreadbet account to short anyway unless you are a very big player

[qvg] 27/7/2021 09:19

arja, i never short

[arja] 27/7/2021 08:13

qvg , and sadly chinese indices tanked again overnight and index now 14930 . Did you manage to short it too and make a useful profit ? I rarely short but this is a no brainer for a short term short !

[jfinvestments] 26/7/2021 17:05

500p was the mid target I advised for a friend. I think there is still potential here longer term and I considered topping up today. However I see 320-340p being my buy target.

[qvg] 26/7/2021 11:10

arja, yes to your last sentence. I have just sold out, at least preserve some of last year's profit

[jfinvestments] 26/7/2021 08:42

Not from today.

[gipps] 25/7/2021 16:58

Is there any good news for this share coming because I am under water with currently.

[mike24] 25/7/2021 15:56

The so called climate change could do more economic damage than C19, China warnings on recent storms came as early as 25/june, trying to control the mighty rivers via dams, many of which need maintenance, weaker reservoirs up stream giving way, could create domino effect downstream, our own counsils in UK recently appproved hundreds of houses to be built on so called protected flood plains, with around a one metre protection bank just insane nai

[arja] 24/7/2021 12:34

article in the Daily Mail ( obnoxious right wing rag ! ) about Chine clamping down on internet companies and reason for steep fall on friday and now at about 8% discount to NAV . Chartwise it looks bad and seems likely to fall further in short term sadly . But might have a little bounce on monday I guess . But China A50 index in downtrend and could fall about another 1400 until support level .

[hawaly] 23/7/2021 23:15

Education companies rumoured to be made to adopt non profit status. You live and learn.... GLA 😎

[joy division still] 23/7/2021 19:44

I notice my Reverse Midas Touch again. Just brought in at 415 a few weeks ago.

[jfinvestments] 08/6/2021 10:43

4.68p dividend.

[mike24] 29/4/2021 08:36

18/5 FCSS looking good value now nai

[jfinvestments] 25/2/2021 20:56

There's been exponential increase in equity values across the markets. There will be a correction of sorts at some point. Tomorrow could be tough. I agree there is growth in China. Hence holding FCSS and other China focused funds. Baillie Gifford fomo caused much of that increase given the poor performance of the trust at that point. Although the fund managers are great at BGCG.

[deadly] 25/2/2021 14:20

The past wide discount was when there were doubts over growth. If you think the Chinese economy is not growing strongly still then wait for 10% discount. I think it'll do well this year and there'll be little discount, and even a premium for this trust which has done so well over the years. After all it is a much better trust than BGCG which is on a 10% premium!

[arja] 24/2/2021 12:33

some recovery today and I am sorry I missed it for a day trade as focused on VMUK and then SMT . Try to stick to OAAT policy as it pays handsome dividends IF I stick to it !!Sometimes I do NOT !

[jfinvestments] 23/2/2021 21:47

Personally , I don't see -6% discount to be a buy opportunity. Average is -9.6% over the last 12 months. Considering that once meant 2.20 per share for many months, this has hit it's short term peak I think. I like the trust and will buy again but closer to ten % discount would be an ideal price for me. Hopefully I'm wrong and it is straight back to 500p. That was clearly a medium term sell off target for many investors.

[deadly] 23/2/2021 21:25

over 6% drop for no reason after being up first thing. NAV not changed much, now on a discount

[davidro77] 23/2/2021 15:21

Really? It appears to be in free fall and there will be a lot of investors looking to lock in some gains now the top is in. It is still way way up I am looking for a mini bounce to top slice here not buy more

[deadly] 23/2/2021 11:49

Good time to top up at 437p

[jfinvestments] 18/2/2021 13:01

Asian tech sell off.

[bartyb] 18/2/2021 11:30

Can anyone say why the fall when NAV was slightly up

[arja] 09/2/2021 16:16

fair points scobak . I notice that today it is trading at a small premium nd hence why is coming off a bit towards the close even though chinese indices up again today

[scobak] 08/2/2021 17:58

There is no premium either. As long as NAV goes upwards then all fine. The fall when it happens will be a general fall for all things South East Asia and not just FCSS. Just keep watching.

[arja] 08/2/2021 10:18

not sure about that as it depends on how the NAV performs but it is a concern that there is hardly any discount to NAV . But chinese index keeps hitting all time highs as do US indices with russel 2000 the best performer by far