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Share Name Share Symbol Market Type Share ISIN Share Description
Weiss Korea Opportunity Fund Ltd. LSE:WKOF London Ordinary Share GG00B933LL68 ORD NPV
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.0% 252.00 252.00 262.00 - 0.00 00:00:00
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Equity Investment Instruments 0.0 8.9 9.6 26.3 216

Weiss Korea Opportunity Share Discussion Threads

Showing 1 to 10 of 175 messages
Chat Pages: 7  6  5  4  3  2  1
DateSubjectAuthorDiscuss
17/5/2013
11:29
any fund you like other then Milton who picked up this from RNS here ?
jaws6
17/5/2013
10:54
dave hope you read that.
jaws6
17/5/2013
10:01
Any chance of a link to the article jaws6?
davebowler
17/5/2013
08:58
dave Great work.g luck.saw artical in standard yesterday on this.
jaws6
17/5/2013
08:34
Thanks davebowler I've added a link to here from the WAM thread. And a WKOF chart to post_3 on the WAM thread. For those that dont know I track Weiss and other systematic value investors holdings RNS on the WAM thread:) http://uk.advfn.com/cmn/fbb/thread.php3?id=24182742
praipus
16/5/2013
21:24
interesting but it seems that they dont hedge the currency risk back to gbp? if Korea is doing QE, one would expect the local currency to depreciate against foreign and therefore potential gain on the pref share could be negated by the change in FX rate? But i guess i would have more faith in any asian currency than any europeans.. Also not familiar with Korean pref non pref.. if voting shares offers little advantage in korea, why on earth local people are buying voting shares when they could buy at a deep discount the prefs?
yieldsearch
15/5/2013
12:29
In other words, how to buy Korean shares at 35p in the £!
davebowler
15/5/2013
12:28
Midas Investment Management research; Weiss have a proven track record, with average annualised net returns of 16.5 per cent since inception in 1991. They specialise in deep value and invest globally in discounted assets, working to exit these assets at narrower discounts. They believe one of the most attractive and mispriced investment opportunities in the world right now is the Korean Preference Share market. Preference shares in Korea are currently trading at an average 65 per cent discount to their ordinary counterpart, with the main difference being they are non-voting (voting - in any event offers little advantage in Korea). The fund will have no performance fee and will offer a full exit at Formula Asset Value ("FAV") after 4 years and every 2 years thereafter. There will be a 40 per cent annual share buyback in place from the beginning to avoid a discount. At Midas, we like Korea and analysts believe that they may be the next country to embark on a round of Quantitative Easing ("QE"). Market watchers will have seen the gains in the stock markets of countries undertaking QE plus Korea is one of the cheapest valuation developed markets. Midas called the Thailand and Indonesia's markets well and now we believe Korea is the market of opportunity in Asia. The fund also has an implied forecast dividend yield of between 2 and 3 per cent.
davebowler
14/5/2013
13:04
http://www.weisskoreaopportunityfund.com/documents/FG/weiss/docs/20637_Shareholder_Documents_Title_-_WKOF_Admission_Document.pdf
davebowler
14/5/2013
11:46
Link to their site www.weisskoreaopportunityfund.com ETF for Korean Index http://uk.advfn.com/cmn/fbb/thread.php3?id=14822905
davebowler
Chat Pages: 7  6  5  4  3  2  1
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