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| Share Name | Share Symbol | Market | Stock Type |
|---|---|---|---|
| Jpmorgan Brazil Investment Trust Plc | JPB | London | Ordinary Share |
| Price Change | Price Change % | Share Price | Last Trade
|
|
|---|---|---|---|---|
| 0.00 | 0.00% | 66.50 | 01:00:00 |
| Open Price | Low Price | High Price | Close Price | Previous Close |
|---|---|---|---|---|
| 66.50 | 66.50 |
| Top Posts |
|---|
Posted at 27/11/2020 18:40 by loganair If you listen to the JPB AGM presentation in September the lady says she is looking forward to another year of investments for JPB and there was no inkling at that time that the trust would be round up and therefore I haven't been keeping an eye here.Seeing you had posted QP was the first I knew about the voluntary liquidation. I was wondering if you had any thoughts about any other Investment Trusts that invest in South America. I only know of Aberdeen Latin America which is 34% Latin American bonds and 66% Equity Shares and Blackrock Latin America which is 86% Brazil/Mexico. |
Posted at 27/11/2020 17:13 by loganair QP - I'm a little rushed at the moment and only been able to take a quick look - where did you see that the shareholders will receive 72p per share?Just think when JPB first IPO in 2009, it did so for 100p then quickly shot up to 120p. Sadly JPB never really lived up to what I thought it would - never mind at least I'm coming out with a small profit. This is my 2nd share this month to do a voluntary liquidation, with return of monies to the shareholders + one take over just at the time when I'm having to change my broker due to my current broker no longer dealing with client from my tax jurisdiction and my shares are currently in mid transfer between brokers. |
Posted at 10/7/2019 22:24 by loganair JPB now at a massive 24% discount to NAV. |
Posted at 10/7/2019 21:43 by loganair If the BRL exchange rate increase by 10%, that alone to add 7p to the JPB share price. |
Posted at 06/2/2019 10:16 by loganair Once the Pension reforms have gone through I can see this being positive for the JPB share price on 3 fronts:1. The continued rise in the Brazilian stock market. 2. The strengthening of the Brazilian currency. 3. Postive sentiment returning thereby reducing the discount to Nav. I can see of no good reason why these three could not see a rise of 20% from here in the share price of JPB. |
Posted at 28/1/2019 10:11 by loganair Accept your good point as I didn't take the difference in the exchange rate into account.I still hope as sentinment in the Brazilian economy improves that the discount to Nav will narrow which could add 10p to the JPB share price. |
Posted at 24/1/2019 16:57 by yf23_1 "Personal note - Considering the Brazilan stock market is at an all time high, JPB is 44% off from its all time high shows me how poorly the managers of JPB have done and are doing."Real in 2011 was 2.7 to £, now 4.8 so although the index is at a high its measured in Reals not sterling. Similar to Turkey situation. |
Posted at 23/1/2019 22:55 by loganair Brazil stocks scaled an all-time high on Wednesday and the currency firmed, boosted by the country's economy minister reiterating that much needed pension reforms remained the government's top priority.In Brazil, the real rose 1.3 percent and posted its biggest one-day gain in three weeks, while the benchmark Bovespa index scaled new highs with gains being broad-based. Brazil's economy minister Paulo Guedes told Bloomberg TV that pension reforms are the government's top priority and that more than half of the fiscal deficit will be cut with the reform. He also said that intended privatizations should generate at least $20 billion in 2019. "Guedes once again enchanted the market," said an analyst at a brokerage in São Paulo. Guedes was to participate in a press conference along with the Brazilian delegation at the World Economic Forum but the talk was canceled, with representatives of the government citing President Jair Bolsonaro's fatigue. But, meetings between Guedes and some foreign investors on Tuesday may have been enough to get the message out about reforms and explain the theme of investor reforms, said Fernanda Consorte, an FX strategist at Banco Ourinvest. Personal note - Considering the Brazilan stock market is at an all time high, JPB is 44% off from its all time high shows me how poorly the managers of JPB have done and are doing. Hopefully when the pension reforms look as though they are going to happen will cause positive sentiment to return to JPB considerably reducing the Discount to NAV. |
Posted at 15/1/2019 15:24 by loganair If/When the Pension reforms are passed I can see JPB 20% higher then it is todays 68p. |
Posted at 01/3/2018 11:35 by loganair QP - I Invest in JPB as a Retail Investor there are few other ways to invest in Brazil.And as you mentioned it is an easy way to invest in Brazil, especially if one has other JP Morgan Investment Trusts. Overall the Trusts share price has doubled in the past couple of years. I do agree with you about the 2% fees that the trust charges, far too high. The excuse the trusts Mangers make is because JPB is only a small trust in value terms they have to charge a higher percentage fee. Personally I would not invest in Unit Trusts, especially with a recession around the corner. With a Unit Trust, when investors sell their 'units' the Trust has to sell their shares to pay out whereas an Investment Trust does not have to. Compared to other 'Vehicles' of investments, Investment trusts are easy and simple to understand and that's the way I like it. The upside may not be as much, however the downside is not as down as other Vehicles. As far as I can see there are only 3 Investment Trusts for Latin America, JPB, Black Rock Latin America and Aberdeen Latin America Income. |
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