Infrastructure India Share Discussion Threads

[mattjos] 02/12/2009 08:46

only 2368 shares bought & up goes the Offer ... as per the last few weeks - if you want any here you have to get your broker to work something for you because it's tightly held.

[mangal] 01/12/2009 23:13

Thanks Mattjos; nice read. do keep us posted with the updates.

[mattjos] 01/12/2009 22:49

thanks mangal .. will do.
Have a look at this from Global Gains India Trip .. more reports due shortly:

India's Enormous Opportunity
"Why are we here?"
That's what we ask ourselves whenever we land in a country for a Global Gains research trip, and sometimes (Paraguay) it's more difficult to answer than others (China). Coming to India, however, was a no-brainer. Here's why.
The Subcontinent's Century?
With more than 1.1 billion residents, India is the world's second-most populous country -- but it has only the 12th-largest economy. Incredibly, India's gross domestic product checks in below those of France, Spain, and Canada. That will change, particularly if its economy continues grow 6% to 8% a year, and India will eventually become one of the world's five largest economies. We want to be invested here throughout that transformation.
India also has one of the world's youngest populations. Of those 1.1 billion people, 600 million are younger than 30 -- and they are the wealthiest Indian generation ever. We like the country's potential to throw off its bureaucratic past, liberalize its economy, and adopt a culture of entrepreneurship. If that happens and India leverages all of its human and other resources toward economic growth, there's very little that could hold this country back.


Does India's government finally have the stability
it needs to enact real reform?
Thanks to the re-election earlier this year of Prime Minister Manmohan Singh and his ruling Congress Party, India may finally have the stability it needs to realize its significant economic potential. This would include government-led efforts to improve India's woeful infrastructure, address basic governance problems, and increase the opportunities for foreign direct investment.
Yes, India has its problems (and we'll get to those in our next dispatch), but it offers investors significant potential along with significant potential catalysts. We'll spend the next two weeks figuring out the best way for you to take advantage of India's enormous opportunity.
A 20- to 40-Year Growth Story
We talked with a number of Indian fund managers before we left for our trip, and they were unanimous in their positive long-term outlook for investors in India. J.P. Morgan's Pinakin Patel said India has 20 to 40 years of growth left in it before it becomes a mature economy, and he forecast a sustainable 7% GDP growth rate over that time.
Similarly, T. Rowe Price's Anh Lu likes India's potential because it's still "10 to 15 years behind China in terms of growth, investment, and demographics." That means you still have the opportunity to get in early in India. This country's most dynamic growth still lies ahead, and if you invest in the right stocks, you may be able to replicate some of the incredible returns investors have reaped from China over the past few years.
What Lies Ahead

Karim's, reportedly home of the world's best curry
and one of our culinary destinations in India,
was closed Monday. We'll just have to come back.
It's for these reasons (and a few culinary cravings -- though I mean no offense to the sweet potatoes) that we said goodbye to our families soon after Thanksgiving dinner to board our 'round-the-world flights to India. We're looking forward to an exciting and fascinating trip, including stops at Dr. Reddy's Laboratories (NYSE: RDY) in Hyderabad and the Bombay Stock Exchange. We've also planned a 15-hour train trip to Mumbai so we can experience India's infrastructure problems firsthand.

[mangal] 01/12/2009 17:30

Yes, the major obstacle to rapid expansion in India & other emrg countries is lack of sufficiently developed infrastructure. In China most of the infrastructure development is being financed by the State whilst in India it's via both the State & private enterprises. I guess we are lucky that we can participate "directly" in the Indian private enterprises via quoted Cos here in the UK.

BTW, if you are interested in infrastructure plays in Asia, you might like to consider Impax Asia Environment Markets, recently floated on LSE; I think, a good one to tuck away for the long term.

[mattjos] 01/12/2009 16:56

job done already mangal .. in my ISA & trading a/c's .... India is like the tortoise to China's hare at the moment but will keep coming & infrastructure is the recognised obstacle to their growth that they must deal with early doors. my research confirms the hydro plant still on track & the road too .. they've been advertising for companies to bid on the tolling operations on the road recently. window to get in while quiet here and before the earnings flow in 2010 is closing ... Advance like the story too & Kaupthing still holding .. having come this far & through so much, I think they're here till at least 100 but probably longer. I can't find anywhere else with this sort of exposure right now that I like as much & word is yet to get out so i'll keep salting a few away here with some trading profits along the way

[mangal] 01/12/2009 16:21

At this rate might be worth tucking a few IIPw away for the long term.

[mattjos] 01/12/2009 16:03

hello mangal .. nice to see you too are watching ... yes, i feel a run on 70 is now in the offing here.

[mangal] 01/12/2009 16:01

Someone just bought @64p.

[mattjos] 01/12/2009 15:47

another worked order today .. dropped into auction again while 150k got snaffled at 60

[mattjos] 30/11/2009 17:16

another worked buy order of 16k this pm ... buyer(s) is softly softly accumulating in this current market and any small sells are being mopped up a day or so later. v difficult to accumulate any decent volume at one go here but does look like its heading back to 70

[mattjos] 25/11/2009 19:26

mangal .. yes but another 463k shares were also traded at the same mid price yesterday that Advance paid ....... that has not been reported in a Holdings report yet, so there is another buyer about other than Advance Trust & online stock is v scarce if you try for more than 5k at one time.

[mangal] 25/11/2009 17:25

"Advance UK Trust plc" has upped its stake to over 7% now.

[mangal] 23/11/2009 09:18

Now amongst the top-5 % risers of the day. Chart looking good too.

[mattjos] 21/11/2009 15:29

it will be interesting to see what additional investment Akur may have come up with first time round here .. there are some obvious prior links between the management of IIP & Akur

[mattjos] 20/11/2009 16:38

50k Ordinary's bought this pm in a worked order.

[celeritas] 19/11/2009 09:47

India on way to becoming 3rd-largest construction mkt by 2020
Tuesday November 17, 03:58 AM
By fe Bureau
In just ten years India will move from the ninth-largest construction market in the world to the third slot only below construction giants China and the US, says a new ten-year forecast from Global Construction Perspectives and Oxford Economics. According to the report, by 2020, the country s construction market will be worth almost $650 million making up 5% of the world s total construction output. Demand for both affordable and quality housing along with government investment in infrastructure will help to drive growth for construction companies operating in India. The ten-year projection indicates that emerging markets will rapidly overtake the construction output of their developed neighbours with China overtaking the US and becoming the world s largest market as early as 2018 and with a 19.1% share worth almost $2.4 trillion by 2020. The report predicts that by 2020 Nigeria, Vietnam and Turkey will be amongst those experiencing highest growth levels over the next decade along with booming markets like India and China. The construction output of the emerging markets in the Asia-Pacific region will grow by 125% over the next decade. The top ten highest growth markets by 2020 will be entirely composed of emerging markets with Poland the only European country to feature on the list. Speaking at the launch of the report Global Construction 2020 in London, Mike Betts of Global Construction Perspectives said that across the board India s construction industry will continue to grow, The construction market in India is already enjoying very healthy growth rates which will only get better over the next decade. Most importantly, the country will experience serious growth in all of the different construction sectors and will be a key market for many of the world s largest construction companies. Adrian Cooper of leading business forecasters Oxford Economics said, We have identified the key drivers and used data including population projections, long-term GDP estimates and public sector budgets to feed into our modeling to help us understand how the global construction industry is changing at a rapid rate. All of the data points to both short and long term growth in emerging markets. We predict that in just ten years time construction in these markets will be more than double in size, growing by an estimated 110% and representing 17.2% of GDP in 2020. The report predicts that today s global construction market is worth an estimated $7.5 trillion, representing 13.4% of global GDP. But by 2020, construction will be a $12.7 trillion global market, an overall growth of 70% in the next decade. Construction in 2020 will account for 14.6% of global GDP. The infrastructure construction market in emerging markets will grow by a staggering 128% over the next decade to 2020, compared with just 18% over the same period in developed countries. The largest construction market globally is residential accounting for 40% of the total global construction market by 2020 when it will be worth $5.1 trillion

[mattjos] 19/11/2009 01:18

yes, they seem keen to build a position don't they

[mangal] 18/11/2009 16:41

"Advance UK Trust plc" stake now over 6%- they obviously see value here.

[mattjos] 11/11/2009 17:17

mangal .. my conclusion exactly .. not too hard to come to though

[mangal] 10/11/2009 17:54

Holding has gone from over 3% to zero. so a sell, I guess.
[edit: Maybe they sold to "Advance UK Trust plc". see the previous announcement]

[vino] 10/11/2009 17:26

sorry being a little dense - but is it a buy or sell on the 9th nov 'holding in co'