Jpmorgan Chinese Investm... Share Discussion Threads

[hectorp] 18/8/2009 08:19

Well Japan is recovering!

[sirraman] 24/7/2009 08:43

Time to get in on the Chinese recovery....!!!

[hectorp] 18/7/2009 11:09

Hope you did.. I did not.
Now I am thinking to.. so its probably not a good time!

[sirraman] 17/4/2009 08:28

time to get into this ...recovery in China earlier than rest of world ??

[igoe104] 17/3/2009 14:11

This has got some catching up to do its 13p below its NAV.

[igoe104] 08/3/2009 13:02

JMC CHINA FUND MENTIONED in the ft.


There is only one other investment trust focused on China – the JPMorgan China fund. This tends to focus more on themes of domestic growth, industry consolidation and earnings quality

[tuckswood8] 07/3/2009 20:08

They are not warrants, they are subscription shares. Ticker is JMCS.
The conversion situation is explained in MartinC's link to JPM website above.

If the share price was to reach 168p in May 2013 then the subscription shares would be worthless as the conversion price (price subscription share holders have to pay to convert to normal shares on a 1:1 basis) is set at 168p. Of course if the share price had risen to 238p by that time then the sub. shares would indeed be worth 70p.

I don't hold any sub. shares here but do in JPM Indian IT (JIIS) where they were given as a scrip issue when I had a holding in JII last year.

[hectorp] 07/3/2009 18:37

I cant find an EPIC for Warrants here... usually it would be JCMW

[hectorp] 07/3/2009 18:33

No they don't. Thats a popular misconception.
But they do put on the difference between the cuttent share price and the current warrant price if the NAV rises and the share price rises.
Eg, the Warrant MAY get as high as 60-70p in 2013. This is a fantastic return from 4.5p.
However my own take is that it will be a difficult journey in this market.
On other hand, if at ANY year of the next 4, the share price purs on 30-40p the warrants clearly more than double, so there are gains to be made over shorter times.
To me the year 2013 is too far away in this new climate to be confident of anything in the world! ( except that gold will still be worth something)

[martinc] 06/3/2009 13:03

How about the warrants? If the share price reaches 168p by May 2013, the warrants will rise from 4.5p to 168p - unless I'm missing something from my quick look. It looks like a 1:1 conversion ratio.

See for the conversion terms.

[ned] 04/3/2009 20:10

Hectorp

Exchange Funded Trade?

[hectorp] 04/3/2009 19:43

Get buying... or an EFT.

[hectorp] 04/3/2009 08:59

Positive news:

China's Feb Official PMI Edges Towards Recovery

China's official manufacturing index rose smartly in February, gaining for the third month in a row and suggesting the country could be on the brink of a recovery.

The official purchasing managers' index (PMI), released on Wednesday, rose to 49.0 from 45.3 in January, the China Federation of Logistics and Purchasing (CFLP) said.

It was the fifth straight month that the index was below the no-change line of 50 that marks the difference between expansion and contraction. But the index is now well clear of a record low of 38.8 plumbed in November.

"China's economy is possibly on the road to a sustainable recovery," said Zhang Liqun, a government economist who comments on the survey for the logistics federation. "Policies are beginning to show their effectiveness, supporting quite fast economic growth," he said.

The government has ramped up investment, pledging 4 trillion yuan ($585 billion) in stimulus spending, to step into the breach left by a collapse in Chinese exports and a downturn in the domestic property sector.

Optimism that the Chinese economy could be bouncing back has been fuelled by a surge in lending, with new local currency loans hitting a record 1.6 trillion yuan ($233.9 billion) in January.

[hectorp] 23/2/2009 15:28

Hmm weak today -8.. the time is coming very soon..

[hectorp] 04/2/2009 19:11

Hey... get buying ! now!

[hectorp] 04/2/2009 19:11

China's official purchasing managers' index for January rose to 45.3, up from 41.2 in December and a record low of 38.8 plumbed in November. [ID:nPEK26120]

"China's GDP growth will be V-shaped in 2009, with the bottom already being reached in Q4 2008," said Mingchun Sun, an economist with Nomura in Hong Kong, in a note.

China unveiled a $585 billion spending plan in November and central bank governor Zhou Xiaochuan said in remarks published on Wednesday that the pump-priming was working. [ID:nPEK15098]

"According to economic figures for December, the domestic stimulus policies have achieved initial results," Zhou told the Financial News, mouthpiece of the People's Bank of China.

[igoe104] 09/1/2009 04:51

IT has just been over-sold its a great time to top-up, the fund itself is worth over 96p.

[saltaire111] 08/1/2009 21:47

What the hell happened today? Down 10% - why for China's sake!!! Anyone any idea what's going on?

[igoe104] 19/12/2008 11:58

This is moving up now.

IT would be nice to hold, around the £1 level.

[igoe104] 08/12/2008 11:28

Im a buyer every month £200 in a isa, have done for 3 1/2 years, its a long term investment for me.

ps.

hectorp put igp in your watch-list, they have just picked up two middle-east id card contracts, involving millions of id cards, and with terrorism worldwide, this is the growth market over the next few years. lots of countries are having id/smart/health cards, and igp have the best software.

[hectorp] 28/11/2008 11:31

Looks supportive around this price.. any one a buyer here?
My only criticism is that this includes shares in many sectors, many of which pull the reviving sectors down.

[hectorp] 15/11/2008 11:44

You see - I was a good guide of what NOT to do late in October, but I can't blame my self for that.
JII India has lagged a little and has 40-50p upside which could come along fairly fast from here. I now prefer INDIA as the recovery nation of 2009.
I suggest CHINA will tend to side track . Also if the UK and US were to devalue, Indian Rupee denominated shares ( and the yuan) could remain relatively move worthwile.. though the best hedge will probably be gold.
For pure growth of share prices.. India.