Asia Dragon Share Price (DGN)

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As at 19 April 2021, the Company's discount stood at 8.0%, with the AIC peer group sector average at 3.6%. Even after a 27% rise in the share the discount to nav has only gone rom 12% to 10%. Also fallen 10% since discussion below about the discount. Looks cheap to me.
The main headwinds are inflation and the vaccination implementation or otherwise in Asia as well as US China geo-political tensions. But the company has outperformed its benchmark over 3, 5 and 10 years.

"The discount is appealing, however it has also traded at a 5-15% discount for the past 10 years. Who is to say it will ever catch up with the NAV?" - Discount has a correlation to performance. Should the fund start to outperform the benchmark and the sector outperformance a global tracker then the discount would close. The evidence for this is was in the biotec sector IT's.

DGN ticks many of the boxes and you can even see Asia focused JAGI go into premium during the hight of the recent growth. Dispite DGN having 30% tech much of its other holdings have more of a quality factor. We need the quality factor to come into favour to outperform the index. When everything aligns the discount will close.

While I am shareholder here you appear to be on your own.

The discount here is crazy given the growth of Asia and fully expect this to close in time as the type of factor of the fund comes into favour.

and am not about to chop this from my PF until sentiment changes in Asia ex-Japan. A sweet spot to be in and this share has been fire for. Looking forward to 600p + in short order.