Fidelity Japan Share Discussion Threads

[pomp circumstance] 13/2/2006 11:25

Remember this isnt a normal share!!


Net Asset Value(s)

Daily NAV Announcement

Fidelity Japanese Values Plc

The net asset value (unaudited) for the above fund at midday on 10/02/2006 was:

With debt at par: 120.08p.

With debt at fair value: 119.74p

NB. Revenue to date is included in the Net Asset Value calculation.

[mark smith] 13/2/2006 09:00

I sold these on Thursday at 1.20 and glad I did. It has a very long way to drop IMO.. There is easier money to be made in the LSE short term. Tech stocks and Telecoms will be back in favour this year...

[carver66] 13/2/2006 08:34

This is looking bad - unless you have a short on it..........

[mark smith] 09/2/2006 12:59

knowing - thanks. some interesting but worrying information in the post. starting to look very risky...

[knowing] 09/2/2006 12:25

Mark consumer confidence figure was out today in Japan and was good. News on JAP thread.

[mark smith] 09/2/2006 12:22

some bad results posted yesterday by Toyota, now the nikkei has no direction after all the good news.

[slips] 08/2/2006 18:20

I would have thought that the NAV would fall a lot more than it did today given that nikkei fell some 470ish points which means we are back again in discount! Would have been a good day to pick up some of these (which unfortunately I couldnt make the time to - in the afternoon).

[mark smith] 08/2/2006 10:14

On the slide now though, and it has a long way to fall. If it hits 110 I have to sell ...

[slips] 06/2/2006 10:22

I think as FJV is trading just a notch above NAV and the nikkei has gone up in the last 2 weeks, nikkei might trade in the 1600 - 1700 for a while so there may not be an immediate upside to come in the very short term ie 3/4 weeks

[gotnorolex] 06/2/2006 10:17

Thats for sure!

[knowing] 06/2/2006 10:11

Time to get back in ?

[sunburst] 04/2/2006 20:35

Timothy

PREMIUMS AND THEIR CAUSES

As far as I can see, premiums can persist for quite a while when there is confidence in an Investment Trust.

Most important of course is the quality of management.

On that score we appear to be OK with *Ms* (got that right now!)
Asako Kibe.

Over the last 12 months she has done very well, compared to the Nikkei 225 index.
The premium may return when the "Livedoor effect" has has been forgotten.

Another example of this situation is Jupiter Primadona IT.

A considerable premium persisted while this trust was in the successful hands of Adrian Paterson.

Not long after he left, the premium vanished completely
(unfortunately he has not done commensurately well with Artemis UK Growth).

[tim] 04/2/2006 04:42

Slips

IMHO its just returning to NAV having run a premium. Before the livedor event it was overbought and now its returning to sanity.

Anyone comment on TEM running at a 10% discount, realise its not japan , more Korea and Brazil, but would seem that this discount might narrow as these mkts have been pretty spectacular.

[slips] 03/2/2006 17:32

Most of the japanese investment trusts including this one and japanese funds have seemed to lost the shine in the last 2 weeks since the 2 day dip livedoor incident. What seems quite interesting (uncomfortable) is that the nikkei has recovered very well and has surpassed the highs before the dip where as FJV along with JP Morgans japan trusts and most japan funds have not really recovered.

Does anyone have the same thoughts and any views as to whay that might be??

[sunburst] 31/1/2006 19:32

Good job we only had 2% of the fund in Livedoor last month.

[nikolaos17] 28/1/2006 11:00

Well iam an old veteran of Japan.Made a lot but lost a lot trailing false recoveries in the last 13 years...This time I have got it right and got in early topping up up to 60% of my portofolio..
My fav orite ones as BGS BGFD but this week I notice their asset has fallen dramatically trading almost 9% lees in relation to shar price..So I made a swich into FJV
and JFJ both trading at their asset value..I believe we are at early stages of Japan recovery and although my 95% gain last year it will be dificult to be repeated a 45-65% gain is very probable..I also gone inwith EFM at 80p last year now 130p so I believe the Dragon economies will bring similar gain this year..I cannot understand people courting penny shares looking for a 10 bagger
while ignoring certain 50%...i in 500 companies will bring you i 10 bagger
and possible 10 in 500 companies will loose you all your money...

[tim] 27/1/2006 16:01

Sunburst

Yes thanks got my eye on a Russian trust that has had a similar performance to the terrible twins this year, question of finding the funds tho. Not looked at Brazil, but am in TEM, which probably has funds there I guess.

JII long term is my fav tho, I was in India last year and could not believe the opportunities there. Really was interested in some Indian property, but the laws are not great for foreigners and the corruption is rife. I'm sticking with JII.

Will look at the funds thread thanks.

[sunburst] 27/1/2006 12:50

Knowing
Thanks for the tip re the funds thread
The funds I have my eye upon are TEM and BEE

PS Where is it?

PPS
Got it!

[knowing] 27/1/2006 12:40

Sunburst pop over to the fund thread for open discussions on funds.

[tim] 27/1/2006 09:28

You will have a rolex soon at this rate.

Seems a big rise today, but was rather lackluster yesterday, so making up today, altho 7% in one day is rather scary.

My other favourite JII going great guns as well, would really like to top up on this one but the premuim putting me off - looks over cooked for now. NAV 250ish.

[gotnorolex] 27/1/2006 09:11

Damn glad I took my own advice and topped up thrice in the last three days!

[knowing] 27/1/2006 08:31

Lovely rise.

[knowing] 26/1/2006 09:15

A good rise in the Nikkei last night based on Sony earnings.

[knowing] 24/1/2006 11:10

You want her to get it up for you Jim ;-)