Fidelity Japan Share Discussion Threads

[john hampton] 27/10/2008 15:42

Don't forget to visit the Furhur's bunker Ja !

[knowing] 27/10/2008 15:37

Not sure on that Pomp.

[pomp circumstance] 27/10/2008 15:02

are their currently any warrants?

[knowing] 27/10/2008 14:58

Japan futures up 150 so probably wise to hold for now.

[carver66] 21/10/2008 16:07

Up to 33% profit now - not many shares you can say that about in this market over a 12 day timeframe.............sure i can't tempt anyone?

[carver66] 13/10/2008 16:19

Well that's over 10% on the first day of holding - is no-one going to dive in and join me? As long as Dow holds its gains - the Nikkei is going up again in the morning..........

[carver66] 10/10/2008 15:06

Just bought 50k of these at 30p - target 50p by the end of the year.

[knowing] 11/8/2008 23:26

Might add a few tomorrow.Nikkei been rising but Sp in the doldrums.

[knowing] 05/6/2008 15:52

Very interesting

[knowing] 04/6/2008 19:35

Fidelity Japanese Values Plc

The net asset value (unaudited) for the above fund as at close of business on
03/06/2008 was:

With debt at par: 68.11p.

With debt at fair value: 68.09p.

NB. The securities used to calculate the NAV have been valued on a bid basis.
The valuation of the assets is as at each local market close or, where
appropriate, adjusted for changes in the fair value of these assets at the
valuation time, 17:00 GMT. Revenue to date is included in the NAV calculation.



END

[knowing] 30/5/2008 12:41

Daily NAV Announcement

Fidelity Japanese Values Plc

The net asset value (unaudited) for the above fund as at close of business on
29/05/2008 was:

With debt at par: 65.85p.

With debt at fair value: 65.96p.

NB. The securities used to calculate the NAV have been valued on a bid basis.
The valuation of the assets is as at each local market close or, where
appropriate, adjusted for changes in the fair value of these assets at the
valuation time, 17:00 GMT. Revenue to date is included in the NAV calculation.




END

[cyborg27] 30/5/2008 12:40

I suppose that the government might get jolted out of their paralysis if things get bad enough. They'll make some audacious policy decisions only when it looks like they'll be booted out of office - that's Japanese politics for you! And then they might still be the wrong one's - remember all the money spent on roads to nowhere etc!

The slightest good news could make a big upward difference, like when Koizumi was elected. At the moment though, they seem to be squandering his positive achievements.

[knowing] 29/5/2008 08:09

Nikkei up 3% today

[knowing] 19/5/2008 15:55

Larger buys coming in today.

[cyborg27] 16/5/2008 20:04

Just looked on Trustnet, and FJV is the top NAV performer recently - doing really well.

[knowing] 16/5/2008 10:48

Japan's Sumitomo Mitsui Financial FY net rises 4.6 percent on one-off gains




TOKYO (Thomson Financial) - Japanese banking group Sumitomo Mitsui Financial
Group Inc. said Friday its net profit rose 4.6 percent in the fiscal year ended
March, boosted by one-off gains from the recent consolidation of its leasing
units.
Japan's third-largest banking group said the one-off gains more than offset
the bigger writedowns it took for non-financial institutions in Japan and losses
related to its subprime loan exposure.
The company posted net profit of 461.54 billion yen ($4.4 billion), up from
441.3 billion the year before.
Pretax profit before extraordinary items grew a marginal 4.1 percent to
831.2 billion yen.
Revenue rose 18.5 percent to 4.62 trillion yen.
SMFG incurred a total loss of 93 billion yen from the sale of part of its
residential mortgage-backed securities and other securitized assets, as well as
from writedowns and loan-loss provisions.
The loss announced was smaller than the estimate given by SMFG in January,
when it said it was expecting such losses to reach 99 billion yen.
SMFG said it also booked a loss of 30 billion yen to write down part of its
exposure to U.S. bond insurers.
The group said it spent some 147.8 billion yen to clean up its bad debts in
the year to March 2008, compared to the earlier estimate of 110 billion yen, as
it had to downgrade the classification of some of its borrowers and set aside
extra provisions.
But it generated more than 100 billion yen in equity method gains from the
consolidation of its leasing subsidiaries.
The company declared an annual dividend of 12,000 yen per share in the
fiscal year just ended, compared to 7,000 yen paid in the year to March 2007.
For the current fiscal year to March 2009, SMFG forecasts a net profit of
480 billion yen and a pretax profit of 850 billion yen on revenue of 3.90
trillion yen. It plans to pay an annual dividend of 14,000 yen per share this
year.

[cyborg27] 16/5/2008 10:15

I was in with FJVW (warrants)for quite a while. Could have taken big profits just prior to dot com bubble bursting, but got burned in the end like many others. Stayed in for recovery that never came.

Let's hope this time with FJV, things recover in Japan on a sustained footing & with substance. (Dreading massive earthquake in Tokyo!!!)

I also have Invesco Perpetual Japan smaller companies oeic - can be volatile - good & bad.

[knowing] 16/5/2008 09:59

cyborg I have been picking up Legg Mason again as they dropped from over £3 to around a £ now.The Topix was hit about 2-3 years ago and never recovered.Maybe it will now as people go out looking for bargains.

[cyborg27] 16/5/2008 09:56

The discount must be narrowing in anticipation of things improving. Small-caps can double in a few months - watch this space!

[knowing] 16/5/2008 09:32

Up again. Was reading a report saying that confidence was building in the Japanese market.

[knowing] 15/5/2008 14:59

65p NAV at present valuation