Fidelity China Special S... Share Discussion Threads

[andyh21] 19/11/2010 14:18

Yeh, I suppose it depends on your view, long or short term! looks like China's set to increase rates around 100 basis points over the next 12 months, personally i see it as a good thing but each to their own opinion, good luck!

Just out of opinion if you don't mind, i'd say i'm still long around 20/30% and becoming more bearish on the markets for 2011/12, what sort of other stocks are you looking at to produce negative returns? thanks

[roman2325] 19/11/2010 14:03

Andy - this is just the precursor for all rates going up in China - which is not good for the Chinese economy. I understand why the blind bulls are saying China is good long-term bet but short and mid-term their markets are not going up. I'm short FCSS so good day for me!

[andyh21] 19/11/2010 12:15

NAV at 1.12 again but general market sentiment is taking this one down! China bank deposit rates raised .50 basis points! a good thing in the long term but the market seems to have such a short term focus lately! oh well if we fall back to £1.14 or lower I will buy more!

[roman2325] 19/11/2010 08:49

Agree with that Andy

[andyh21] 19/11/2010 08:45

ha ha! that would be lovely whizzy but even an optomist such as my good self would be surprised to see £1.25 today! maybe a close of £1.22 if nav's back above 112, which may struggle with china broadly mixed last night!

[roman2325] 19/11/2010 08:40

You're on crack Whizzy

[whizzy1] 18/11/2010 17:06

I expect the share price to be 125p by close Friday lol

[andyh21] 18/11/2010 12:30

I expect Nav back to 112 tomorrow, 114 by monday, that will bring the premium to around 6/7%!

[dr contrarian] 18/11/2010 12:28

Trade at NAV !!! - if only my other chinese play in PMHL would trade at NAV - Currently it trades at a discount to cash in the bank and around 40% of NAV - though the company has also stated its wish to narrow the gap between the share price and net asset value. Interims scheduled for next week.

[roman2325] 18/11/2010 12:20

New NAV of 109p! This is trading at 122p!! The company wants it to trade at NAV! THIS IS A SHORT!!!!!!

[atflores] 18/11/2010 08:49

irradiating?

eradicating?

A death-ray gun from Star Trek could combine the two.

[roman2325] 18/11/2010 08:45

So much for irradicating the premium!!

[bigwilly1986] 17/11/2010 17:31

great performance this afternoon, any comments/explanations?

[atflores] 17/11/2010 14:07

If we are at or near the NAV, this is a buying opportunity.

[andyh21] 17/11/2010 11:33

my maiden purchase here! funny, i advised a couple of freinds looking to invest their own savings to have a look here when the fund first launched and never bought any myself!

[andyh21] 17/11/2010 11:27

aha!! thank you guys!

[atflores] 17/11/2010 11:25

It is an investment trust, and so trades as a share. Try under ordinary equities.

[tenapen] 17/11/2010 11:19

I use Jarvis ( and no probem's.

[andyh21] 17/11/2010 11:10

I have looked through the funds I can purchase through TD waterhouse but this isn't on there list, the uk special and global special situations is? could anyone advise further! i.e can you only buy into the fund through fidelity or a partner such as Landsdowne etc! thanks!

[bigwilly1986] 17/11/2010 11:01

NAV now 112, goodbye premium!

[roman2325] 17/11/2010 09:20

NAV hasn't stopped falling yet Whizzy!

[warala] 16/11/2010 09:38

Looking to buy more.

[jimmy mcnulty] 15/11/2010 20:20

Anyone seen a thread yet on the db-x etf trackers (China or India)?

[thelongandtheshortandthetall] 13/11/2010 12:18

anyone got an opinion on buying some yaun
thanks in adavnce