Jpmorgan Indian Investment Share Discussion Threads

[binladin] 23/6/2015 12:24

12p increase in net assets.....will go higher...now..

[binladin] 23/6/2015 09:09

Rally immenent....changes to the regulation relating to I.T companies listed on Mumbai stock markets will give more fuel to the rally. Jii.l is a disappointment so far. We should be at 550p a share now....
I expect to see this to double from from here over the next year........

[binladin] 22/6/2015 16:24

Greeece rescued!!!

[binladin] 22/6/2015 15:39

All shorts closed the rally to start IMO...

[binladin] 22/6/2015 08:49

Should hit new highs...605p plus....
Should close your shorts
400 points up....today..

[binladin] 19/6/2015 15:24

Could close at 500p....or open at 500p

[binladin] 18/6/2015 12:47

We should get 1 percent increase tomorrow assuming the indexes stay the same..time to go go long sense. For 2016 target is 47000.

[loganair] 18/6/2015 12:22

binladin - Over the past 5 days the Asset Value of JII has fallen from 561.03p to 546.17p, which I trust answers your question.

[loganair] 16/6/2015 11:06

Maybe a good time to buy or pick up a few more if already holding.

[binladin] 16/6/2015 11:01

Freefall now

[binladin] 11/6/2015 15:40

Crash tomorrow

[binladin] 11/6/2015 14:27

Back to 300p first..

[tenapen] 11/6/2015 09:04

Yes and most of the other world markets are UP this morning ! odd.

Also JII's share price is up, bounced off of c500p

[binladin] 11/6/2015 08:42

Senses down 300 points

[loganair] 31/5/2015 12:06

Adrian Lim keeps cool after India's stellar run - India was one of the best performing stock markets last year, but as its strong rally stutters, New India manager Adrian Lim remains optimistic.

Lim, who manages New India (NII) investment trust, travels to India four or five times a year, each time seeing up to 25 companies a week.

The frustrations of India’s infrastructure and the red tape can make such trips challenging, while the sheer noise of the country, in macroeconomic terms, creates its own difficulties.

But this could also be valuable, insists Lim, who has now been at the helm of the trust for a decade.

‘India is a good place to pick stocks because what grabs the headlines may not make money on a long-term basis,’ said Lim.

‘Looking beyond the noise and focusing on fundamentals comes down to experience and doing your work diligently on the companies themselves. You try not to get carried away.’

The International Monetary Fund predicted in January that India would be the fastest growing major economy in 2016, with its growth rate overtaking China, although that partly reflects slowing growth in the latter.

‘It has a young population, growing middle class, consumption rising quickly from a low base and a huge talent pool that’s well educated and can speak English,’ said Lim (pictured), who joined Aberdeen Asset Management in 2000 as a private equity manager.

Getting the best out of Indian growth for investors entails finding reasonably valued companies that the trust can hold onto for the long term.

Investors have to accept that by nature India is a ‘messy, volatile market’, according to Lim. ‘But the long-term fundamentals are strong and there’s lots of underlying growth that you don’t need to take a lot of risk to participate.’

Big on Banks:

Kotak Mahindra Bank (KTKM.NS) (JII 5th Largest Investment), India’s fourth largest private sector bank by market cap.

‘It was founded by Uday Kotak, a self-made man, who has been building a finance and banking franchise for the last 25 years,’ said Lim.

‘He has built a professional, competent team and it has grown steadily in the face of a lot of competition.’

India remains a challenging backdrop in the wake of a cyclical downturn and an ineffective previous government.

Last year’s election of Narendra Modi’s Bharatiya Janata Party (BJP), which pledged to embark on wide-ranging economic reforms, raised expectations that it has struggled to keep a lid on.

‘The government is more business friendly, but while the economy has recovered somewhat, it’s still going through a natural course of growth and contraction,’ said Lim.

Many of the policies implemented by Modi need time to work, to the disappointment of those who have ploughed capital into the country but are now becoming impatient for change.

Lim is ‘optimistic217; about the pace of recovery, however. ‘Valuations will be stretched a little bit longer. If they came off, we would be comfortable putting more cash into India,’ he said.

Among the developments being watched closely is the move towards a VAT-style goods and services tax.

‘It’s not easy to implement because you need agreement between the government and the different states and there’s naturally a lot of tension over tax revenue,’ said Lim.

‘States need to be confident not only that the whole pot will grow, but also that their portion will increase.’

[badtime] 06/5/2015 20:27

Is that what the tea leaves said

[binladin] 06/5/2015 15:38

This is not worth buying above 300p