Jpmorgan Indian Investment Share Discussion Threads

[m4ybe] 25/3/2008 11:43

Are there any other ways to invest in India other than JII (JP Morgan) and LNFT (Soc Gen)?
I like the look of India, rising fast but seems oversold in the bigger picture, but I don't trust those banks! Just sold my last remaining JII into the strength but feel we will see higher prices until America falls over again.

[hectorp] 25/3/2008 09:02

blast, I missed it. Not chasing. Content with banks and gold for the moment.
It may all turn down again in a day or two.

[binladin] 25/3/2008 08:27

up 10% now that is the main index in india. so the fund must be up 20%.

[binladin] 25/3/2008 07:14

400P is possible this week.

[hectorp] 20/3/2008 18:26

I expect so..
India seems in some regards better placed than China now to move forward economicaly over the next few years even with the US problems.
If US Banks and the economy stabilise - even allowing there may still be a recession there and I'm assuming that - the India market is very oversold.
India and China have grown up while the press in the West eg the FT , don't treat them very seriously.

[binladin] 20/3/2008 14:50

India has 10% GDP for the next 10 years.

[hectorp] 17/3/2008 09:54

Agree nerga, let the serious falls continue, we will get a good price at some point!!
Ditto the surviving UK banks etc.
edited
three year support on JII has now broken. Next possible support is 260p.

[hectorp] 13/3/2008 08:57

JII down over 6% today - ouch!

Still, faster fall, sooner mended.

[gurp] 12/3/2008 09:05

jii certainly more popular than jmc atm

[gurp] 07/3/2008 15:45

dow seems to have bounced off 12000 atm, jii share price recovered the am fall
nav here 390p so back in for a penny, hopefully chart & indicators will turn up
several coal stocks also look good value, nai!

[hectorp] 07/3/2008 08:44

gurp is right, small minerals shares were very oversold.
Banks eg LLOY maybe BARC RBS? HSBC.
When no-one wants to buy banks, buy banks and hold for next 6 years for the divi and let them rise on the cap gains and you are exposed to a good chance of a takeover too. I have no hesitation for example in buying LLOY at 400p level , slight chance it could hot 350p of course.
I am still out of all the Emerging and Far East plays, but every week, we get closer to very good price.
India- JII could bounce the biggest?

[gurp] 04/3/2008 20:10

surprising, thought I'd bungled getting out at 420 on the big Jan fall & was looking to get back in, think now c 10+% discount & hit the bottom of the channel from Jun 06, macd & rsi well down & about to turn?

picky - would you like to expand? tia

seems the best opportunity now is careful stockpicking in small cos that are looking well oversold, eg some oil expl, & a lot of luck!
note gold, silver, oil been powering ahead but retrace today.

do great bargains exist, eg here, or more pain? sentiment rules.

[nerja] 04/3/2008 18:13

Hi Hectorp, dont forget JRS its still doing the best out of all of them. With the falls going on states side JII could fall as far as 300p.
I see your in the banks as well, there just seems no end to them falling at the moment. Its the banks that have caused this crisis so until they are sorted I cant see much headway now for the overall markets. I thought the banks had doubled bottomed and I started to go in how wrong I think tomorrow the ones going xdiv could be well shorted again, trying times best of luck with your trading I think we will all need it for the next few months.

[pickymicky] 04/3/2008 17:59

The Indian convertible market has collapsed in the last few days with panic selling. Not a good sign imo.

[hectorp] 04/3/2008 17:55

Its getting there nerja. JII rather weak, I am still out of it as also JMC but in a few weeks or months? we will be in a great buying position.

[mercury123] 04/3/2008 12:37

What is going on here? Two big sells of over a million apiece - does someone know something I don't? The last asset value wasn't too bad so if no bad news these are a raging buy at this level

[nerja] 19/2/2008 16:45

Hectorp, just in case you have not seen JMC back in this & JMC, JRS, just noticed some large buys going through late on JII as well.

[jlwilliams] 18/2/2008 09:37

Surely this is one to buy and hold for some considerable time.

[binladin] 14/2/2008 08:56

sell now and buy at 400p