Share Name Share Symbol Market Type Share ISIN Share Description
JPM Brl LSE:JPB London Ordinary Share GB00B602HS43 ORD 1P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -0.75p -1.28% 58.00p 57.50p 58.50p 58.75p 58.00p 58.75p 4,000 16:04:31
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Equity Investment Instruments 0.0 0.5 1.0 60.4 21.81

JPM Brl Share Discussion Threads

Showing 301 to 320 of 325 messages
Chat Pages: 13  12  11  10  9  8  7  6  5  4  3  2  Older
DateSubjectAuthorDiscuss
23/5/2018
15:32
The government of Brazil lowered its prediction for 2018 GDP growth from 3% to 2.5%, the Ministry of Planning announced on Tuesday. In 2017, the Brazilian economy grew by 1 percent of GDP, ending a bitter two-year recessive cycle. Inflation in Brazil unexpectedly slowed in mid-May to 2.7%. The result undershot even the lowest estimate in the poll, Standard Chartered's forecast of 2.75 percent, and held well below the bottom end of this year's central bank target range of 4.5 percent, plus or minus 1.5 percentage points. Double-digit unemployment rates and widespread idle capacity have kept a lid on price hikes as Latin America's largest economy recovers slowly from its deepest recession in decades, despite record-low interest rates. While a selloff in the Brazilian real to a two-year low could generate inflationary pressures by boosting import prices, analysts say the weak economy is likely to curb the pass-through effect. The central bank last week defied widespread expectations it would cut interest rates in a decision that was widely seen as a response to a weaker currency. The minutes from its meeting showed policymakers weighed a rate cut before ultimately deciding to hold borrowing costs. "The central bank made it clear at this month's meeting that the easing cycle is now at an end," said economists at Capital Economics in a report. "Inflation shouldn't be a major headache ... instead, the next move in rates is likely to hinge on what happens around October's presidential election."
loganair
19/5/2018
15:00
Surprising such a big drop in the share price of JPB of 6% when the Brazil Bovespa was only down 0.65% and so far this year is up 8.74%. Investors are concerned about the future as the country will elect a new president in October, and many market-watchers are worried that the next leader could halt or reverse economic reforms begun by President Michel Temer. Markets have largely supported those reforms. The Brazilian economy contracted by 0.13 percent in the first quarter of the year, according to the central bank's Index of Economic Activity. The figures for 2018 so far show a worse development than predicted. Due to worsening indicators, financial analysts in Brazil on Monday lowered their estimations for 2018 from 2.7 to 2.5 percent while the Brazilian government is maintaining its estimation of 3 percent GDP growth for 2018. The Brazilian, Argentinian and Mexican currencies weakened and stocks across Latin America fell on Friday as a global emerging-market selloff drove many investors to unwind bets on stronger currencies despite increased central bank intervention. The real fell as much as 2 percent against the dollar to the weakest since March 2016. The currency weakness came even after Brazil's central bank increased market intervention and unexpectedly refrained from cutting interest rates this week.
loganair
05/4/2018
13:19
The Brazilian economy could expand more than the central bank’s 2.6 percent forecast in 2018, central bank chief Ilan Goldfajn said on Tuesday, though the official estimate is “well-calibrated.” Speaking in an event in São Paulo, Goldfajn said that the nation’s recovery from the deepest recession in decades still looks consistent despite recent volatility in economic activity readings.
loganair
24/3/2018
11:09
Great expectations by Marina Gerner: So what is the outlook for the BRICS? Stammers says that, ultimately, China and India are looking to become leading global providers of goods and services, so they make things. In contrast, Russia and Brazil are expected to become the global giants in commodities, so they provide the basic raw materials needed to make those things. Paul McNamara, an investment director and lead manager on emerging market bond, currency and hedge fund strategies at GAM, says: ‘China and India matter a lot; the other two are secondary.’ All the BRICS countries face different obstacles. ‘Russia is crippled by dysfunctional institutions and corruption, but Brazil is slightly better off,’ comments McNamara. Redwood says Russia has ‘suffered a setback from the lower oil price, which has hit its export earnings and tax revenues, and from Western actions, which have made some trade and transactions more difficult’. Redwood observes that Brazil has been through a bad political and economic crisis, with recession, high inflation and difficult corruption problems forcing changes of government. He says: ‘There is now some hope of recovery, but there remain deep-seated economic and political problems to resolve fully.’ South Africa too has been suffering from political instability and failing economic policies. ‘Future sustained progress in both Brazil and South Africa will need stable reform-oriented governments that can shake off the problems of the past,’ he adds. India has become the poster child for reform-led recovery in emerging markets, argues James Penny, senior investment manager at TAM Asset Management. ‘With the appointment of prime minster Modi, the country has been put on a path of steep and deep economic and government reform to bring its economy and vast middle-class population to the forefront in the modern market.’ ‘India has scope to become one of the world’s largest economies, but it still has a lot further to go to increase incomes per head.’ Moreover, South Africa, Russia and to some extent Brazil rely on mining and the production of oil and commodities, whereas China and India are more dependent on imports of raw materials. Dominant China: However, Penny says the biggest and, on the global stage, the loudest of the BRICS nations remains China. The country continues to make headlines speculating about whether its economy could suffer a ‘hard landing’ in the face of its highly leveraged corporate sector and a fall in GDP to 6 per cent. But he is keen to put these figures in context: ‘Let’s be clear here,’ he says. ‘The US is struggling to find 4 per cent GDP growth, the UK is looking at 1.5 per cent, and the world is worrying about a Chinese slowdown to 6 per cent GDP growth?’ -China, not India, will dominate future Asian growth: The growth rates of the BRICS economies, with the possible exception of India’s, over the next 10 years is likely to be about half that of the previous decade, according to Smith. India’s and China’s shares of global GDP growth will probably be smaller, but the countries will remain dominant. ‘China will remain the largest [BRICS] economy and should continue to command investors’ attention,’ he says. ‘But if India opens up and reforms, investors should begin to devote more of their attention to the subcontinent.’ That said, he points out that, given the relative size of the two economies today, it would still take more than 30 years for India’s GDP to exceed China’s, even if India achieves all its reform goals and China achieves few of its aims. Ultimately, the strength of the BRICS as an investment proposition is their very diversity, argues Ballard. ‘They are so different that they provide an element of diversification beneficial for any long term investor.’
loganair
24/3/2018
11:00
Yields on Brazilian interest rate futures dropped on Thursday after the central bank unexpectedly indicated it will continue cutting interest rates, while fears of a U.S. trade war with China helped put pressure on Latin American markets. The bank on Wednesday reduced the benchmark Selic rate by 25 basis points to an all-time low of 6.50 percent. But policymakers were explicit in forecasting another cut at their May meeting, contradicting the consensus that this week would mark the end of the deepest easing cycle in a decade. After that, unless conditions change radically, it would stand pat, according to a policy statement. "Unless the Brazilian real comes under pressure for domestic or external reasons, the central bank will be in no hurry to begin the tightening cycle," economists at Societe Generale wrote in a report.
loganair
15/3/2018
12:37
Western Asset Management favourite EM market is Brazil.
loganair
14/3/2018
20:39
Currently JAI is paying a little over 4% dividend, 1% per every three months.
loganair
14/3/2018
19:55
QP - If you would like to look at a general Asian trust ex-Japan there is JP Morgan Asian Investment Trust (JAI) which is also paying an increasing dividend on a quarterly basis. I do not know whether my e-mails to JP Morgan's trusts have any influence, however for a couple years I pushed very hard for JAI to invest in Vietnam and guess what, they started to do so late 2015. Another interview Mobius recently gave: This summer he plans to launch a fund management firm called Mobius Capital Partners and plans to continue to invest in emerging and frontier markets and will help manage environmental, social and governance strategies. As well as China, Mobius is bullish on Vietnam and Brazil.
loganair
14/3/2018
19:46
Thanks again. Will look at JII.
quepassa
14/3/2018
19:16
QP - Mobius has set up his own Emerging Markets Fund and is why I think he is doing the rounds. India - I would stick with JP Morgan trusts...JII which is solely invested in India. A number of times I have written to JII asking them if this trust could invest a small percentage in other Indian sub-continent countries in a similar way to the China trust invests in Taiwan and Hong Kong, the Brazilian trust in other Latin American Countries and Russia in other CIS states.
loganair
14/3/2018
19:11
Thanks. Useful. He's always interesting to listen to and appears frequently giving interviews in the media and financial press. It will be interesting to see what he now does upon leaving Franklin T. after 30 years. He says he's not retiring. If you invest specifically in India, which IT's do you favour? Regards, QP
quepassa
14/3/2018
18:57
QP - As you seem to like what Mark Mobius says I saw another interview being given by him, didn't mention Brazil or Latin America this time, however this is what is had to say about Emerging Markets: Growing profitability. Improving Governance. US market looking toppy. Likes India as the Indian market getting is more liquid.
loganair
13/3/2018
13:47
loganair Quepassa talking of tech..........AUGM floated today and I had been keeping a watch out for them. Lots of info on the bb.
hazl
13/3/2018
13:15
QP - Just a couple of notes I took from a live interview that Mobius gave today.
loganair
13/3/2018
13:11
Thanks loganair. MM is always colourful to read. What is the source please so that I can trace and peruse the whole thing? Best wishes, QP
quepassa
13/3/2018
12:28
Mark Mobius: Commodities, you've got to be in that space. Recommends being in Brazil, go for the commodity producers. Also likes the Tech companies as they are taking over some of the functions of banks. EPS of Brazilian shares forecast to rise by 50% this year compared to 2017.
loganair
05/3/2018
21:26
I have just been listening to the head of strategy at UBS and he says his favourite markets for 2018 are Russia, Brazil, South Korea and Indonesia. He went on to say, usually during a market correction Brazil and the Latin American markets fair the worse when this time they fared the best.
loganair
02/3/2018
12:26
15% discount now.
yf23_1
01/3/2018
14:22
QP - If one buys or sells directly through JP Morgan, their trades are done every working day at exactly mid-day. Being a share, there is a difference between the Bid and Ask price. If one buys via their monthly investment scheme I think the trades go through on the 16th of each month or the first working day after the 16th. To change investing from one trust to another they require 2 days notice before the 16th of the month which is OK for me as I am a long term investor and not a speculative trader.
loganair
01/3/2018
13:29
QP - It all depends on when one invests. If one invested two years ago then £100 would have grown to £200. How much do BlackRock and Aberdeen Charge for the initial investment? As I invest in my various JP Morgan Investment Trusts on a monthly basis, apart from Stamp Duty I pay no dealing charge. What I like about my JP Morgan monthly investment is how I am easily able to quickly swap my monthly investment between trusts.
loganair
Chat Pages: 13  12  11  10  9  8  7  6  5  4  3  2  Older
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