Schroder Japan Growth Share Discussion Threads

[el chupacabra] 19/11/2014 13:07

Hugh Hendry on his Japan trade... So when I look at the year, I started the year hugely bullish on Japan. Hugely bullish, let me say, not qualitatively. I’m not an advocate of the three arrows and the resuscitation to the great heights of whatever Japan represented in the 1980s. I am saying that I can see persistent failure to achieve such honourable ambitions, which leaves no recourse but to intervene again and again and again. Therefore I see the Yen being a weak currency. The other side of that, the stock market, being higher and higher and higher. But I think four months of the year the Japanese market had fallen 16% from its high, and I had to swallow my pride and I had to reduce position. I had to sell at lower prices, and yet, such is the foreboding presence or shadow cast by the Bank of Japan, that not even if we mentioned the recent intervention, without that intervention the Nikkei had gone back to its previous highs. So I was wrong in selling. Http://moneyweek.com/hugh-hendry-interview-part-1/

[el chupacabra] 04/2/2014 09:54

Todays reading.... Long-term Memory in Stock Market Prices Andrew W. Lo NBER Working Paper No. 2984 Issued in May 1989 Http://www.uvm.edu/~mfoley1/Week%205/Lo_Long%20Term%20Memory%20in%20Stock%20Prices.pdf

[el chupacabra] 04/2/2014 09:51

and another FACT.... it only fell because those in 2006 wanted their money back. http://screencast.com/t/XghXJyqeiek http://screencast.com/t/4JS0LuiG3uIe

[el chupacabra] 04/2/2014 09:47

So if you turn the tele off and ignore the doom and gloomers and just look at facts.... 107 looks like support? http://screencast.com/t/aSiJ6NSX

[el chupacabra] 04/2/2014 09:29

is it time to run a ruler over this again?

[ryandj2222] 07/9/2013 23:29

Well they got the 2020 Olympics!

[el chupacabra] 05/9/2013 12:20

Http://1607capital.com/philosophy/ hmm..

[ryandj2222] 28/8/2013 17:05

I might buy more if it goes up a bit, or down a bit.... seems a bit lost for direction at the moment, so happy to hold on for a bit.

[el chupacabra] 22/8/2013 10:21

whats the skinny ryandj, another buying opp you think?

[ryandj2222] 26/7/2013 11:07

Support at 122 would be good - the share price is at quite a discount to the NAV of 140 so there's either some catching up to do or a safety cushion in any down moves for Japan. Corporate reporting in Tokyo not been that great this week, but I think it's still good for more upward moves.

[el chupacabra] 23/7/2013 08:41

wotcha ryandj, so Abe is now in full control of the job lot then :) he can do what he likes when he like! http://www.bbc.co.uk/news/world-asia-23400979 thinking 122 will become support now

[ryandj2222] 18/7/2013 16:18

Haha yes sounds rather bullish! Not far off the earlier highs, and the NAV is about 140 so far. More of this please!

[el chupacabra] 16/7/2013 19:02

Silver Shoplifters Steal Bowls of Rice as Abe Cuts Welfare http://www.bloomberg.com/news/2013-07-15/silver-shoplifters-steal-rice-as-abe-cuts-welfare-to-trim-debt.html Bullish :)

[ryandj2222] 02/7/2013 19:56

Looking good for a run up to and past the highs of May.

[el chupacabra] 28/6/2013 09:06

and 100 on USDJPY

[el chupacabra] 28/6/2013 09:05

im expecting abit of resistance around teh 122 num3er http://screencast.com/t/xS91ZyeogDy

[knowing] 13/6/2013 16:04

Taken a few down here for the long term

[el chupacabra] 13/6/2013 16:03

squeaky bum time this morning, nice to see it recover a bit

[ryandj2222] 10/6/2013 09:36

More or less - they all move about with varying discounts / premiums to NAV but tend to roughly follow the nikkei

[el chupacabra] 07/6/2013 15:42

no just this one ryandj, i bet there all much of a muchness though :)

[ryandj2222] 07/6/2013 11:17

Are you in any other Japan funds? I like the look of JPS and BGFD.

[ryandj2222] 07/6/2013 11:16

Welcome back in - I went back in a little bit higher.