Fidelity China Special S... Share Discussion Threads

[dr contrarian] 15/6/2010 11:45

as mentioned yesterday Pmhl now starting to make its move before the share buyback begins - Sum of parts value around £3.50 - price £1.45

[bigwilly1986] 15/6/2010 11:28

According to this link, the IPO funds are now fully invested by Bolton...



I want to know what he's bought!

[halfpenny] 15/6/2010 10:45

SAME WITH BP

[halfpenny] 15/6/2010 10:45

get in now AS YOU WONT SEE THESE LOWS AGAIN....

[whizzy1] 15/6/2010 08:47

This is the one for me, im already in, but patiently waiting to bung in more cash.

[dr contrarian] 14/6/2010 18:04

If your looking for a good value investment in China - try PMHL - trades at discount to cash and a very significant discount to NAV - substantial share buyback in the next couple of weeks aims to narrow this discount significantly.

[whizzy1] 14/6/2010 17:38

just simply getting in on the volatility, like any other trade?

[atflores] 14/6/2010 13:58

What are you waiting for that might cause such a drop?

[whizzy1] 14/6/2010 08:32

Totally pulled out of UK LTD.... waiting for a decent drop here, then whacking the whole lot in.

[roman2325] 12/6/2010 15:28

Thanks Willy

[halfpenny] 12/6/2010 09:49

looks like we are on a nice hot fund for going forward. i still say £1.40 by end of the year...

[whizzy1] 11/6/2010 22:13

Many thanks willbert & San J.

[bigwilly1986] 11/6/2010 20:19

roman,
(with thanks to San Jaime on iii):

"The RNS gives a contact name & number for queries. Chris Pirnie at Fidelity.

Just called him and he was very helpful:

Basically the Block Listing is coupled with the FTSE 250 listing and will allow a wider expanse of investors to get aboard, including the institutional investors. It will also help to track the share performance.

No dilution of actual FCSS shares is taking place, in fact this should have a positive effect."

[roman2325] 10/6/2010 13:23

Let me get this straight: Fidelity raises £400m odd at the placing - each share issued at £1. The NAV has since dropped to 93p yet the share price has risen back to £1 meaning Fidelity has issued a further 45m shares to reduce that premium and thus diluting shareholdings (and subsequently higher management fees for Bolton). Is this correct?

[knowing] 10/6/2010 13:12

China's May Exports Rise 48.5%, Property Prices Jump

[knowing] 09/6/2010 17:21

Chinese export figures boosted Wall Street stocks this afternoon, sending copper and oil prices soaring upwards alongside investor's hopes for global trade prospects.

[mirandaj] 09/6/2010 08:31

100% New Entry to FTSE 250

Fidelity China Special Situations

Market Capital £454 million; ranked 279

Changes are effective from close of business on Friday the 18th so from the open on 21st June

[woodpecker25] 08/6/2010 17:22

.. and again today!

[masurenguy] 08/6/2010 10:57

Bit of a recovery in the share price over the last few days !

[whizzy1] 01/6/2010 09:10

because I made an error & posted on the wrong page. I obv hold SDY in my portfolio.

[barniebear] 31/5/2010 18:09

Whizzy

Why are you "ramping" Speedy Hire on this thread.??

[halfpenny] 28/5/2010 10:00

looks like rocketblast has got it right. In a few days £1 could be history.