London South East prides itself on its community spirit, and in order to keep the chat section problem free, we ask all members to follow these simple rules. In these rules, we refer to ourselves as "we", "us", "our". The user of the website is referred to as "you" and "your".
By posting on our share chat boards you are agreeing to the following:
The IP address of all posts is recorded to aid in enforcing these conditions. As a user you agree to any information you have entered being stored in a database. You agree that we have the right to remove, edit, move or close any topic or board at any time should we see fit. You agree that we have the right to remove any post without notice. You agree that we have the right to suspend your account without notice.
Please note some users may not behave properly and may post content that is misleading, untrue or offensive.
It is not possible for us to fully monitor all content all of the time but where we have actually received notice of any content that is potentially misleading, untrue, offensive, unlawful, infringes third party rights or is potentially in breach of these terms and conditions, then we will review such content, decide whether to remove it from this website and act accordingly.
Premium Members are members that have a premium subscription with London South East. You can subscribe here.
London South East does not endorse such members, and posts should not be construed as advice and represent the opinions of the authors, not those of London South East Ltd, or its affiliates.
Last post: Panderman, 29 Nov 2023 07:58
On the social aspect, Tencent recognises previous controversies related to
Diversity, Equity and Inclusion (DEI) and has proactively made steady progress
towards gender equity at board and company levels. We reiterated Fidelity's
policy requiring a minimum of 30% female representation at the board level.
Following the appointment of a female non-executive director, the board of
Tencent has increased the ratio of female directors to 22.2% and intends to
raise this percentage further.
Forget the profit just do diversification
Started: Nightmair63, 25 Apr 2022 10:56
Last post: Nightmair63, 23 Aug 2023 17:56
Cash is looking increasingly good 5% return!!!
Corruption, forced slave labour, Uyghurs genocide, creating killer viruses, supporting Putin - what's not to like?
I think the West has had enough and time to move production somewhere else.
I have been holding for the last couple of years as a growth play. My take on the situation is that if China invades Taiwan we will be looking at a global depression (best case!) and everything will be hammered. If I thought this would happen I would put everything in USD/gold, guns and baked beans. Putting those fears aside there is plenty of value here.
Well, I have held these for a fair old time and have rounded my holding up with a buy in an ISA. This is structured for capital growth and HIGH risk. Seems to me to be a good point to buy but this is certainly not investment advice.
I am hoping they have turned almost as ugly as they can. regulation hit us first. Covid again with zero tolerance etc. This is perhaps a bit more long term for me now that I expected.
Started: MarkNorfolk, 24 Oct 2022 12:39
Last post: MarkNorfolk, 24 Oct 2022 12:39
Anyone know why the share price has fallen 7% today? Is it because Xi Jinping has secured a third term?
gentle recovery,
nice enough.
… softly, softly …
very probably unwisely, added, lol.
it would be helpful imv if china accepted
that zero covid ain’t viable going forward.
bucket shop view on FCSS:
https://www.hardmanandco.com/research/corporate-research/time-greedy-when-others-fearful/
but … wider cautionary comment from GS (via times):
https://www.thetimes.co.uk/article/markets-may-be-heading-for-bigger-fall-goldman-sachs-warns-fqkp3hxf7?shareToken=e91c1cc08c55c85117f192fa8af1009d
One more top up for me in the next few days
Started: Nightmair63, 28 Oct 2021 21:40
Last post: Pedrobull, 2 Jan 2022 15:06
I'm looking at this now as per this tip from Interactive Investor;
Kyle Caldwell’s investment trust tip for the new year
We all want to buy low and sell high. With that in mind, ii’s head of collective investments has found an opportunity to pick up a great fund that’s currently trading at a significant discount to its net asset value.
Watch here - https://www.youtube.com/watch?v=FOYtewzi3ik
9% discount to NAV not bad.
PS - for a more risky play on China I might go for some Kraneshares China Internet ETF with Tencent & Alibaba as largest holdings
I have dipped a toe in today with a buy for my elder son in his ISA. there is going to be focus on China with the Winter Olympics in Feb and, as China should overtake USA in terms of economic powerhouse it seems a good point to start to accumulate some shares in this IT for capital growth.
Not seeing much chat on here despite plummeting from 501p to sub 300. Worst might be over. This is a LTH for me. Averages still high in two accounts but getting them down. China still offers the best LT investment in the basis of the size of the market. Regulation is a bit of a problem especially with Tech stocks. If anyone is out there then perhaps we can garner shared knowledge.
Last post: moneybox007, 26 Oct 2021 11:12
No - it's an investment trust. If you're asking something that basic, please don't invest right now in anything and do some research about shares, ITs, ETFs, funds and bonds.
Previous post finger trouble - correct Q - is FCSS an ETF
Last post: luderitz, 30 Sep 2021 12:38
Like the distribution of shares, even if PFC has a few issues with debt, China isn't going away, but on the dips? however happy to have bought at 315 not 425 mark.
Is fcss an eft?
Started: Ayoko, 11 Mar 2021 16:24
Last post: Ayoko, 11 Mar 2021 16:24
new money the greatest wealth-creation event in history
Search that on YouTube so you know why you will want to stay invested .
Good luck everyone
Both Chinese and US tech companies have lost their shines recently. Chinese government GDP target is not inspiring either so the fear is tightening monetary policy this year which will be bad for stocks. Economic data though are still positive so difficult to call what is going to happen next
Not a happy shareholder at the moment. Hope this is just an overdone correction as I can't see any real reason for the exodus.
Good post, thank you!
I agree there is a major shift in the Chinese economy, so much consumer potential with a bias towards home grown companies. FCSS seems a good vehicle for investment in that potential
Fidelity's Dale Nicholls: investing in Chinese consumption
Fidelity China Special Situations (FCSS), an investment trust that has had outstanding performance over the past year with its share price doubling over the year to 5 February. He says that despite valuations across the market moving up, China’s stock market is still pretty attractive compared with a lot of other ones.
Fidelity China Special Situations is a large portfolio of 120 stocks that Nicholls says is designed to give investors as broad exposure to China’s economy as possible. He focuses on trying to invest in undervalued companies that have attractive long-term growth prospects and have been undervalued by the market. He believes the best opportunities in China centre on consumption – the rise of the middle classes and their enormous buying power.
“I’m still very much a bull on the growth in consumption over the mid term,” he says. “I think it’s really core to the China story. It’s in many ways part of government policy in China to bring the structure of the economy away from a reliance on exports and investment towards consumption.”
https://www.investorschronicle.co.uk/news/2021/02/11/fidelity-s-dale-nicholls-investing-in-chinese-consumption/
I'm a happy holder! Bought in just before the late January drop, so was initially kicking myself, but am now up. China is the future, whether we like it or not, & whilst we can expect ups & downs along the way, I believe the growth opportunities there outshine anywhere else on the planet. I'll be buying the dips.
Hi all. Has anyone attend the AGM before? I bought some shares but it seems the shares are under my broker's name not my name. Will the security guard check if I am in the share register before allowing me to enter? Many thanks.
Started: lancebombadier, 24 Aug 2015 10:56
Last post: lancebombadier, 24 Aug 2015 10:56
No, hang on.
Still wondering. At this price my exit price looks good . Any views ?
Started: lancebombadier, 18 Aug 2015 11:00
Last post: lancebombadier, 18 Aug 2015 11:00
Back where we started !! Got some away at 136 but not enough. Wonder about another top up ??
Started: lancebombadier, 11 Jul 2015 11:33
Last post: Runner, 14 Jul 2015 15:29
You old gloater, you! China is being held up with special measures. I will be out at 150p. Cheers and GL.
Glad I added at 129p . Hope that rise sustainable !
Started: lancebombadier, 8 Jul 2015 12:51
Last post: holymak, 8 Jul 2015 17:31
Same here but I am waiting to add this to my holdings,a bit unnerved by the large drop in price and wider discount.
Apart from the general China situation , can anyone cast light on the fall in this fund ? I hold a moderate quantity.
Started: bewareshadows, 10 Apr 2015 14:38
Last post: bewareshadows, 10 Apr 2015 14:38
I had a choice of this or Jupiter china fund, they both follow similar tracks, this has been going great recently
Started: ApprenticeDRL, 4 Oct 2013 11:48
Last post: ApprenticeDRL, 4 Oct 2013 11:48
Fair enough. I did the same with Summit which has just 5 bagged for me, and doubled my money on Quindell in a week when they crashed last July. Must admit I am looking more to blue chips and long term HYP at the moment although will wait and see what the Yanks decide next week before committing any money as there should be a lot of interesting opportunities if they dont let Obama raise the debt ceiling. Ones to watch I think are GSK, BP, Unilever, Tesco and RDSA all of which are good quality blue chipe on low PEs and if the general market takes a major hit could be in serious bargin territory and paying a nice yield. Just my opinion of course!!!
you get the picture I am dipping back in on a gut feeling , this is my wild card for this year at 4 for a penny .if I stopped buying news papers for a month theres 10000 shares .I will get more fun from the shares than the daily mail
Started: ApprenticeDRL, 3 Oct 2013 13:53
Last post: ApprenticeDRL, 3 Oct 2013 13:53
Hello Kips I have had a look at Motive TV they seem to have a lot of debt and are not generatinhg cash at the moment. What is your investment case? I assume you are looking at this as a future play?. Share price seems to have fallen quite a bit over the last 12 - 18 months is this due to investor sentiment, I notice there was a 'speedbump' recently just before they issued their accounts now they are dropping again. I guess you sold out in September at the rise? I would be interested in hearing your thoughts on the investment case as I only really looked at the accounts, recievables, net debt, turnover, free cash flow the usual fundies.
nice to hear from you I still need a pound to break even but at 80 (god forbid) I would dive back in , have a look at motive tv worth a punt
Started: lynchisgod, 30 Sep 2013 11:15
Last post: lynchisgod, 30 Sep 2013 11:15
FCSS owns ~15m in Alibaba Group at a value of $48bn. Recent news suggests that this group will IPO at $100bn therefore adding at least 2% to FCSS NAV. This news is also driving YAHOO and SoftBAnk values. Can someone calculate the exact effect on the NAV? http://m.investmentweek.co.uk/investment-week/news/2284854/the-unlisted-stock-which-could-land-fidelity-s-bolton-a-big-payday
Started: ApprenticeDRL, 24 Sep 2013 14:33
Last post: ApprenticeDRL, 24 Sep 2013 14:33
Hi Kips Havent posted on this board for a while as I sold out when it rose, I think I told you. Still dipping in and out to watch though. Looking at the price over 90 I may have sold out too quickly but wanted the profit to invest in something else. Still will re-enter if the price drops to low 80s as I think you are right and there is some mileage here. Personally think it wont be realised for at least another 18 months to 2 years but what do I know :) still may give me a chance to re-enter when the price is right.
when this does take off it will be full of posters postulating about how they alone knew what a good investment this was full of hot air and bull Ihave seen this on other sites particulary taylor wimpey sudenly the share takes off and out of the wood work comes the self opinionated masses talking crap then the site becomes a dead duck.What say you only 1 and apprentice excuse spelling on my third bottle of chardenay yes I know but I like it and blue nun and prawn cocktail and black forrest gatoxe.
it showed so much promise when first issued went to 1.17 I believe it will come good but only when china takes off and that depends on growth in the west viciouse circle