why switch to an old thread ? |
chinese 50 index now coming off but extremely volatile and a 300 point swing during the night I see . hate the wide spread if trading it with a CFD and rarely do so but heaos to be made if timing right ! |
why not try a CFD account cordwainer unless you plan to hold the stock for many months - no SD payable . |
(kinda off-topic) looking to at least take profits or sell half but fidelity log-in and dealing (including telephone dealing) is down. Unplanned, that is. I might switch, How is Interactive Investor these days ? |
APAC Closing Prices: #ASX 5955.5 +0.59% #NIKKEI 22529.29 +0.40% #HSI 26210.16 +0.31% #HSHARES 10781.89 +0.31% #CSI300 4840.77 +1.40% ✔
GLA 😎 |
While this goes up China is having a horrible time. https://youtu.be/-HV4lMU95PU |
not sure why it goes up when chinese indices falling or flat but maybe sterling weakened against the chinese currency ? |
going well and NOR situation ! |
@DEADLY... Not as good as JCGI - but that if you started a year ago... for recent investments might well end better that JCGI, especially in the months before USA election... |
Good performance but not as good as JCGI. |
ah! there it is, in todsys RNS |
WHEN is the ex-dividend date, please? |
I like this investment trust. I haven't stopped buying at all! |
Erm wrong! |
Now is most definitely not the time to be investing in China. Even the most optimistic forecast is controlling the virus in the next three months. When the rate of infections slows you can expect a relief rally, followed by the grim realisation that this was caused by one original infection and that it could begin spreading again until a vaccine is produced en masse. There will be an opportunity to buy but that time is not now. |
I was actually expecting a much larger drop in the NAV from yesterdays market close however this was not the case. If "Corona" is contained quickly then this may represent a good opportunity at current price. |
and i got out completely at £2.375 on thursday 23rd Jan. Seemed clear to me, there was bound to be further reaction to coronavirus. |
I took profits at the same price. I agree but this virus could destroy the Chinese economy in the short term. |
Took a few profits 250p. Probably wrong thing to do as looking out 5 years this will undoubtedly be a lot higher. |
NAV where it was in May 2017. According to Dale Nicholls "Looking across valuations within the portfolio overall, we are back to levels last seen after the sharp A-share driven correction in 2015, which was an opportune entry point for investors." |
Added at 207p , not sure when this will push higher and yes it could go lower but valuations are certainly not stretched. |
You got your wish! I am waiting for sub 200, but fine if it does not go there. |
Up and down at the whim of Trumps tweets re China and tariffs.Tempted to add if we go much under 220p. |