Fidelity China Special S... Share Discussion Threads

[roman2325] 23/4/2010 12:05

£2 million = small beer for AB...

[rocketblast] 23/4/2010 10:05

I also understand that AB put in £2 million.....

[rocketblast] 23/4/2010 10:02

this one will fly and we are looking at a stella performance, as he buys stock at the asking price then fluctuations will occur.....

my target is £1.35 this year and even this level will be blown away as middle china start getting richer....

The phase of growth will be :

steady - now
climbing - next month
stella increases.....rest of the year.....

target £1.35p with ease..... remember i told u first...


ALSO Quality does come at a price/fee....and these are cheap as chips at the moment so get in now before its too late...

[roman2325] 23/4/2010 09:43

Barnie - wasn't a personal attack.

I'm as bullish on China as the next yet if I want exposure now I'd rather invest in something else until Bolton prove's he can outperform and thus justify his punchy fees (before he palms this off to someone else he 2 years!)

[barniebear] 23/4/2010 07:57

roman.

Well you got me bang to rights there. However Anthony Boulton is a proven WINNER & in another life i did a bit of coaching in athletics & finding winners is as rare as finding hens teeth!!Despite many so called Analysts putting out papers telling us to "Beware" of China i backed the MAN!I shall re view my position after the election.

[roman2325] 23/4/2010 06:09

"The only reason this float has raised so much money is Adam Boulton he is a PROVEN winner end of story!!"

Barniebear

Firstly: the institutions didn't touch this.

Secondly: Adam Boulton is a newsreader, not a stock-picker.

DO SOME RESEARCH

[whizzy1] 22/4/2010 21:20

Patients:

Able to endure waiting, delay, or provocation without becoming annoyed or upset

[barniebear] 22/4/2010 20:02

Back down to the offer price already - I fail to see the merits in buying this and paying Bolton a rediculous management fee until he starts doing something - the NAV is already falling

The only reason this float has raised so much money is Adam Boulton he is a PROVEN winner end of story!!

[roman2325] 22/4/2010 19:00

Back down to the offer price already - I fail to see the merits in buying this and paying Bolton a rediculous management fee until he starts doing something - the NAV is already falling!!!!!

[hazl] 21/4/2010 19:10

sorry understand now!

[hazl] 21/4/2010 19:03

nevertheless that was in the prospectus but thanks

[barniebear] 21/4/2010 18:47

I shall be OUT @ £1.10 assuming it ever gets there

[barniebear] 21/4/2010 18:45

barnie value yr opinion according to f in document that would be bad for hong kong investments

FCSS = First "CHINA" that is "CHINA" my old floot!

[whizzy1] 21/4/2010 18:05

I hedged my bet, stayed out of the IPO ring fencing & gambled on picking these up at start of trading with proceeds I made from the few weeks in which it took to get the show on the road, thought I would have to come in higher TBH.
Fingers crossed.

[strollingmolby] 21/4/2010 12:32

That's with a dislocation between the NAV and the share price - if buyers now appear in the secondary market and push the price up it will be tempered by those involved in the IPO who may sell for a quick 5-10% (or whatever).

I doubt even Anthony Bolton will get the NAV up by 35% in say 6 months from a standing start with 100% cash, so I can't see the price getting away and putting FCSS on a large premium to NAV. In fact, over time, I fully expect it to trade at a discount to NAV, like the majority of investment trusts. Then I might be interested...

[rocketblast] 21/4/2010 12:16

project this drive and soon £1.35 will be on the cards....even more

[rocketblast] 21/4/2010 12:15

based on demand for the fund as it moves upwards and onwards. Remember the target fund was 650 plus and those who missed the chance will now start to move in....so, 450 to 650 will drive the current price towards £1.35 plus.... lets see....

and it could be well above £1.35....

[strollingmolby] 21/4/2010 10:49

What's your £1.35 based upon ?

[rocketblast] 21/4/2010 10:16

i do expect a stella growth and performance....in the short, medium and long term.... cheap as chips...with 460m to invest...


soon will be about £1.35p......

[rocketblast] 21/4/2010 10:13

you are missing a fantastic opportunity...FCSS already up 1.25% in three days.... this will clearly outperform other funds at this rate of success....

get in now whilst you can......and see the fund rise.....upwards and onwards...

[strollingmolby] 21/4/2010 10:09

Likewise me with Gartmore China Opps, devy. Whilst Bolton may be a good stockpicker and will do well for the Trust, the fees are outrageous. Which is why, I'm oot !

[rocketblast] 21/4/2010 10:05

460m was a fantastic result and i do expect a 28% return year on year as a minimum after costs....

this is the best fund since sliced bread.......already up 1.25% after three days...

[roman2325] 21/4/2010 09:44

Agreed - this is doing nothing for a good while yet until Bolton starts investing - although 460m is well down on his initial target it will still take him a while to put it all into the market. Surely its better to invest elsewhere for the moment and come back when this is trading at a nice discount???