Ripley94
11 May 2019
Chinese devaluation... FCSS… XXXXX In hindsight should of sliced the buy back on recent 250p pull back high . Back to 230 level now … USA / China trade talk aground.
Ripley94
06 Jul 2018
Chinese devaluation... FCSS… XXXXX Spare funds in ( D ) so bought the slice of June 7th back @ 234p. Went ex div 21st June the yield is 1.4 %…over 12% cheaper.
Ripley94
14 Jun 2018
Chinese devaluation... FCSS. xxxx Will not let me edit previous
sage in the hills
08 Jun 2018
Re: SP defying gravity? update 8 June China's Trade Surplus Narrows--but Not With the U.S.Share On Facebook PrintBEIJING--China's trade surplus narrowed in May on strong imports, through the gap with the U.S. widened--in part, some economists said, because of concerns that trade tensions could worsen in the months ahead.China reported a trade surplus of $24.92 billion last month, according to customs data released Friday, narrower than April's $28.78 billion and the $32.6 billion forecast in a poll of economists.Imports were up 26% from a year earlier--driven by rising oil prices and bigger purchases of factory inputs, some economists said--accelerating from April's 21.5% and beating forecasts. The higher-than-expected figure came after Beijing pledged to its trading partners to increase purchases and narrow trade gaps.Stripping out price effects, Julian Evans-Pritchard, an economist with Capital Economics, estimated that import volumes in May were still up a seasonally adjusted 5.2% from April, reversing most of the decline since the start of 2018. The increase suggests that industrial activity remains strong following the easing of wintertime pollution controls, he said.Washington and Beijing have skirmished over trade this year, increasing tariffs on some products and threatening to do so on tens of billions of dollars in other goods. Beijing in recent weeks extended an olive branch, announcing plans to increase purchases from abroad and reduce tariffs on automobiles and some consumer products ranging from food and cosmetics.Even so, China's trade surplus with the U.S. in May was up 11% from April, at $24.58 billion, according to Friday's data. Concerns about more tariffs ahead likely caused some companies to front-load shipments, said Liu Xuezhi, an economist with Bank of Communications.President Donald Trump has said he wants the trade deficit with China--which the Trump administration says reached $375 billion last year-- reduced by $200 billion. In the latest round of trade talks between U.S. Commerce Secretary Wilbur Ross and Chinese Vice Premier Liu He, China offered to purchase nearly $70 billion of U.S. farm, manufacturing and energy products if the Trump administration abandons threatened tariffs, The Wall Street Journal reported earlier this week.Overall, China's exports in May were up 12.6% from a year earlier, about matching April's 12.9% pace, the customs bureau said. Mr. Liu, the economist, said that "the steady export growth showed that the trade frictions with the U.S. has not yet affected China's exports."Still, he and other economists said uncertainties loom for trade in the months ahead, given the threat of further trouble with the U.S., a softening European economy and a Chinese government campaign to rein in risky lending."Even if a trade war is avoided, Chinese trade growth is still likely to edge down over the coming year as the global economy loses momentum and headwinds to domestic demand from slower credit growth intensify," said Mr. Evans-Pritchard.Grace Zhu (END) Dow Jones NewswiresJune 08, 2018 02:48 ET (06:48 GMT)Copyright (c) 2018 Dow Jones & Company, Inc.SAGE
Ripley94
07 Jun 2018
sliced again Have many of them so took a slice ( D ) @ 268p to cover another trade.
tegami01
07 Jun 2018
Re: SP defying gravity? Thanks Holland. Will look into it.
tegami01
07 Jun 2018
Re: SP defying gravity? Obviously. But the SSE Composite Index has been trending down, while FCSS has been trending up. There's usually a fair correlation, indeed the SSE can sometimes be used as a leading indicator. Not recently though, hence my Q.
holland44
07 Jun 2018
Re: SP defying gravity? Who knows? There are too many variables: someone will always be spooked by something. Why not just drip-feed instead of trying to time the market? Otherwise you could get to December and still not have bitten the bullet!If the varying discount also worries you, you could split your holding with a high-performing fund instead, where there is no discount: Baillie Gifford Greater China, for example, has achieved 18%+ over 1, 3 and 5 years, which is pretty consistent.
sage in the hills
07 Jun 2018
Re: SP defying gravity? tegami01 ......... may be, ..... think ........... US trade imbalance ...... Trump ..............trade negotiations ........ China .............. N Korea ............Trump ...........Un/Trump meeting ....... China mediating ................ trade negotiating ..........SAGE
tegami01
07 Jun 2018
SP defying gravity? I want to top up, but have held off last few weeks because Asian markets have been spooked and I expected this to fall in sympathy. But it was virtually unaffected and rise continues. Is this defying gravity? Any thoughts anyone.
Ripley94
22 Jan 2018
Re: Chinese devaluation... Took another slice ( S ) live 257.25 ... Was up this morning was not lifting on 257 limit last week.
Ripley94
21 Nov 2017
Re: Chinese devaluation... Took another slice ( S ) limit 245p . ( S ) .Got slightly more ( approx £1 off higher trading charge ) compared with ( D ) who never get more then limit.
Ripley94
19 Nov 2017
Re: Chinese devaluation... Just saw Chinese UK ambassador on Preston .Seems like a very wise chap.Sensible views on Korea and Zimbabwe.Maybe china is the future.
Ripley94
09 Nov 2017
Re: Chinese devaluation... Up to 240p new highs now. ( just L & T ) Funds need addressing 0.45% annual charge that's £90 on 20K
Ripley94
09 Nov 2017
Re: Anthony Bolton I recall posters on here saying what a fool he had suddenly become.Rather like Woodford now as i have mentioned there.
