Weiss Korea Opportunity Share Discussion Threads

[mangal] 02/11/2013 18:18

Weiss and "ultra-cheap" Korean preference shares get a mention in today's FT-Money.

[davebowler] 22/10/2013 11:53

Extract from this ;
Weighted average discount of shares held -55% (compared to equivalent ord.share)
Average P/E -5.06

[davebowler] 02/10/2013 16:59

Why Fidelity favours Korea as Asia's cheapest market;

hxxp://www.moneymarketing.co.uk/news-and-analysis/asia/why-fidelity-favours-asias-cheapest-market/2001141.article

[davebowler] 04/9/2013 12:39

O.K. I have added the links,Praipus.

[praipus] 04/9/2013 09:16

Hi davebowler,

Any chance you could add the following to the header?

1) Companies website
www.weisskoreaopportunityfund.com

2) ETF covering the main Korean Index?

[praipus] 03/9/2013 15:51

lol (EDIT) Why are you ignoring look through NAV skyship?

[skyship] 03/9/2013 13:46

Now 95% invested, but an 8% premium to NAV looks to be a gross over-valuation...

[jaws6] 08/8/2013 08:25

dave
Thanks for info,small tick up today.

[praipus] 28/6/2013 23:46

Korea could recover...at some point

Korea ETF

[topvest] 28/6/2013 21:04

The trouble is it is only relative value versus the ordinary shares. The yield is still very low.

[praipus] 28/6/2013 10:23

Should we few remaining holders gain any sense of comfort from the see through NAV being an estimated 110%+ higher?

[topvest] 27/6/2013 20:29

These are well over priced given the premium. Only just below the launch price but the NAV starts with an 8!...ouch.

[praipus] 27/6/2013 14:00

light_weight:)

[skyship] 27/6/2013 13:49

Strewth, glad I baled out of these. Still, there will come a time to be back in here...

Publication of Net Asset Value ("NAV")

Date of Release - 27 June 2013


Name NAV per share ISIN NAV DATE
(Pence Per
Share)
------------------------ -------------- ------------- -------------
Weiss Korea Opportunity 87.90 GG00B933LL68 25 June 2013

[ptolemy] 26/6/2013 15:57

"No hedging showed higher performance."

Maybe so, but with Korea about to embark on QE things might be different...Will give it a miss for now.

[praipus] 26/6/2013 12:42

Skyship is probably right, Weiss have written a paper on portfolio performance with and without hedging currency risk. No hedging showed higher performance. But ultimately they do hedge through portfolio diversification.

[skyship] 26/6/2013 10:56

They don't hedge...

[ptolemy] 26/6/2013 10:54

Mention in daily dispatch from Money week.

Anyone know if they do any currency hedging? Without knowing that, this is a gamble, no?

[topvest] 24/6/2013 20:20

Well this didn't stay above 100p for long. It looks like their market timing wasn't quite right. Still at a premium after losing circa 5-10% of the new issue money! hmmm

[praipus] 14/6/2013 11:17

Thanks for looking Yeildsearch. IKOR and AMEX:EWY were mentioned on a US BB as a good stock to short!

[yieldsearch] 14/6/2013 10:28

Only one I could find is samsung kodex inverse etf , however listed on korea se in local currency so probably not usefl..Sedol B4MTSN1 KRIsin kr7114800006Www.samsunginvest.co.kr

[anley] 14/6/2013 09:48

NO - sorry