Jpmorgan Indian Investment Share Discussion Threads

[stevecarolinep] 12/12/2006 09:54

Greenpastures, you are right of course. I am 40 but I have a 3 year or so investment horizon for buying a house when I leave my current employment. I did really well with JII and EST in 2005 but I have bogged it up good and proper this year playing with gold and getting it wrong. So...back to basics as someone once said - just a case of when to get in and trying to avoid major corrections...I can't see the story in India changing significantly unless the security situation in the region deteriorates. Anyway - good luck! Steve

[greenpastures] 12/12/2006 08:57

Depends how old you are steve. If I were young, say around 30 or so, I think I would invest a certain amount and then add so much on a monthly basis. Of course the amount invested and degree of risk that is acceptable will depend an individual investor's circumstances. Anyhow best of luck. You were right about the correction.

I managed to call it right earlier in the year, selling in March and buying back in July, but I figured having got it right then I shouldn't push my luck again.

[stevecarolinep] 12/12/2006 08:33

Blimey - looks like I finally got something right this year - just a question of how long to wait before getting back in now... Steve

[blue_max] 06/12/2006 07:15

A factor worth considering.

Since Indian Rupee is linked to US Dollar, exchange rate of INR relative to UK Pound changes with the USD. JII and NII are valued in UKP; so when the USD weakens against UKP, NAV of these funds are affected.

[stevecarolinep] 05/12/2006 16:27

Hmm - I had a 5-10% fall in mind - still not sure how it will react if the bottom drops out of the Dow as the Dollar continues to weaken - waiting for a good entry point but to be honest I see this as a fabulous long term investment and maybe I should just buy and forget about it....Steve

[greenpastures] 30/11/2006 17:05

It corrected in May steve although not to say it won't again soon.

[stevecarolinep] 30/11/2006 15:58

C'mon guys - lots of concern about stockmarkets everywhere with the possibility of a major fall in the Dow and the dollar - India JII has had a great run and may well correct - probably a good thing - but it will recover and go on for a long while yet - imo of course. Nothing moves in straight lines for ever.

[umitw] 30/11/2006 08:51

not anymore..!

[blue_max] 30/11/2006 07:37

But JII is going down ?!

[greenpastures] 20/11/2006 13:58

I suspect the loss earlier in the session was related to the Japanese market taking a dive where rumours of losing temporary tax breaks has been quoted on the news wires as a major factor. Seeing as the Japanese drop could have been Japan specific I expect the Indian market later regained its nerve.

[grippa] 17/11/2006 10:56

Mangal...When you say top-slice, what kind of percentage do you mean...eg 10% 20%?

[mangal] 16/11/2006 16:15

yes grippa, MPO certainly looks interesting & I too bought in recently.

I had a look at CREO but it appears to be grossly overvalued according to what I read on its BB. Whilst going through the BB I came across HPE, which appears to be quite attractive. The Co seems to have sold its property portfolio in UK and beginning to invest the proceeds in China. Penny stock; so have to be careful & maybe invest a small amount, initially at least.

Vietnam- dont know anything about but will look at VOF & VNL, though weary of anything that trades at large premium to NAV.

& yes, certainly more to come from India but I just want to top-slice & diversify a bit more into emrg markets.

[grippa] 16/11/2006 15:53

Mangal...MPO is a very interesting fund...bought in a few weeks ago and am very excited about the future growth of Macau. There is also CREO (i think) which is involved in chinese real estate. What about Vietnam anyone? VOF and VNL are two very interesting funds, share price trading at a v large premium to NAV but certainly ones to keep an eye on for the future.

Also surely there is more to come from India?

[greenpastures] 16/11/2006 13:22

Although India has got massive poverty and infra-structure problems I am inclined to prefer it to China on the basis that it is a functioning democracy. China's communist party has still got to negotiate the transition from autocracy to democracy. Also the banking situation seems to be dire in China from what one reads in the financial press with huge misallocation of resources. In addition the one child policy may well lead to huge social and labour market problems down the road.