Jpmorgan Indian Investment Share Discussion Threads

[binladin] 13/1/2015 08:51

lower energy prices will increase profits in indian companies...and strong infrastucre projects worth billons will push the stock much higher. the net asset value is not reflect in the share price it should be 550p minimum.

[binladin] 09/1/2015 13:56

Starting to move up...

[binladin] 03/1/2015 10:59

8-9 percent growth is probably the best in the world. Should see this go to 700p.in the next few months.

[loganair] 29/12/2014 16:56

By Selin Bucak - Capital Economics - Calls for 2015:

Indian reforms disappoint

'Weak reform momentum, rather than the current account deficit, is now the major threat to India's growth, which is likely to undershoot most expectations in both the near and medium term. But with the right reforms, the longer term prospects would be much brighter. And in the meantime, monetary policy is set to be loosened further than most anticipate.'

[loganair] 24/12/2014 22:59

By David Kempton on Dec 23, 2014

Brazil and India look good:

Of the developing world you should go into 2015 with some India or Brazil exposure. India I know only as a tourist but I worked in Brazil as an engineer for a while. All those years ago I was struck by their diversity and youthful exuberant ambition, and current statistics indicate the trend continues. This vast country has everything and one day, with a good government they’ll take on the world and your children will bless you for taking a stake, now very cheap, with the currency and economy on their knees.

In India prime minister Narendra Modi seems highly effective and even more popular. The market and currency have been very strong this year, but it is still worth buying India, currently in a sweet spot and ticking most of the boxes.

[loganair] 12/12/2014 16:07

NEW DELHI: India can achieve a growth rate of 8-9 per cent provided there is a "national consensus" on methods to take advantage of globalised world, said former Prime Minister Manmohan Singh, whose tenure saw the economy registering three years of 9-plus growth rate.

"I think that even though many other emerging economies are not doing too well, India has an opportunity to move towards a growth rate of 6-7 per cent and thereafter to 8 per cent," Singh said while delivering a lecture at Ficci.

He said the country is poised to take advantage of globalization and engage in trade to finance its imports through exports.

"Today we cannot grow in isolation... India is well placed to take advantage of this situation provided we evolve a meaningful national consensus to move ahead," he said.

Except for India, other emerging economies — like Brazil, Russia and South Africa — are not doing well, Singh said, adding the country is poised for a 8-9 per cent growth.

"We are working towards a growth rate of 8-9 per cent.

There are opportunities, there are risks. India is currently at least poised to create a milieu in which the growth story of India can be another worthwhile chapter in the evolving global economies," he said.

Indian economy was growing at over 9 per cent for three years before it was impacted by the global financial crisis of 2008. The growth rate fell to sub-5 per cent in two consecutive fiscals -- 2012-13 and 2013-14.

In the current fiscal, the government estimates the growth to be between 5.4-5.9 per cent.

Singh said a meaningful solution to India's problems of poverty, ignorance and diseases can be found only in the framework of rapidly expanding economy.

"There is a broad consensus that we need a growth rate of 8-9 per cent to create 10-12 million jobs every year if we have to conquer unemployment within our life-time," he said.

[loganair] 23/11/2014 10:55

Assessing the performance of the new government at the Centre in the first six months, India Inc said the new dispensation has initiated fundamental reforms that have set stage for revival of economic growth.

"Measures taken to improve ease of doing business and attract investments in manufacturing and infrastructure will facilitate revival of capex cycle, accelerate economic activity, create large scale employment and thus drive overall growth," Ficci President Sidharth said.

"The real impact of these reform measures on the economy should be visible in the next 12-18 months," he added.

PHD Chamber President Sharad Jaipuria said: "The government has actively taken up the agenda of rejuvenation of India's growth story by focussing on refuelling growth, taming price pressures, facilitating industrial and business environment and simplifying the policies and procedures".

"The PM's vision to reduce administrative bottlenecks and at the same time provide conducive environment to the businesses and households speaks loud and clear about the performance it (government) has displayed in the last 6 months".

However, going forward, early roll out of reforms like the GST (Goods & Services Tax); changes in the Land Acquisition Act; passage of the insurance bill; boosting infrastructure; and augmenting the manufacturing base will be instrumental in refuelling growth, according to the industry.

"The decisions to hike railway fares, raise FDI limits in defence, real estate and insurance and attract FDI in railways, reform fuel price regime, etc have all helped to contribute to a renewed confidence", CII director general Chandrajit banerjee said.

Moreover, expediting disinvestment to shore up revenues was the key to rein in the fiscal deficit within the budget target of 4.1 per cent, along with rationalising subsidies as per the recommendations of the Expenditure Management Commission, India Inc said.

"In order to ensure that the 4.1 per cent target is achieved, the Government must embark immediately on its PSU disinvestment program to shore up revenues, while keeping a lid on expenditures," Assocham President Rana Kapoor said.

[binladin] 18/11/2014 06:03

Reliance up 8percent.

[binladin] 17/11/2014 15:52

566p net asset value the greedy brokers don't want to give us that?straight up to 10000p. Nothing to hold the value especial subscription shares. This is a one way bet 10000p in 6 months time to jump back in. This breaking out with new smaller companies in the portfolio.

[binladin] 31/10/2014 18:57

Net asset greater than 531p per share. It's only 482p....long way to go...

[m.t.glass] 31/7/2014 13:42

I've included JII on a thread showing a dozen UK-listed stocks with exposure to India.

[tenapen] 17/7/2014 20:53

India under Modi may be best EM turnaround story: Nomura

Jul 17, 2014,

Cont...

[tenapen] 07/7/2014 17:36

Osborne and Hague start India visit

Britain's Chancellor George Osborne and Foreign Secretary William Hague will begin a two-day trip to India on Monday.

Cont...

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mr Osborne was on this mornings 'radio 4' today program talking possitive of the Indian economy going forward. Hope so :)

[tenapen] 30/6/2014 18:02

With the Indian budget due on the 10th July we should see a rise upto then and higher still if the policys are business friendly. IMO

[tenapen] 24/6/2014 18:26

Bounced nicely off of 400p.




UBS bullish on equities, sets Nifty target at 8,000 for 2014
By PTI | 24 Jun, 2014

Cont...

"We remain bullish on Indian equities. While markets can always take a breather as investors await actual reforms as well as real impact on economy, as seen in Japan/China, we think any such dips could prove to be a buying opportunity.

[binladin] 06/6/2014 08:22

The net asset is 464p we are at 412p anyone with the slightest brains can tell you that this is undervalued considerably. This can reach 1000p IMO...

[binladin] 04/6/2014 08:12

Should go to 500p in the next few weeks