Share Name Share Symbol Market Type Share ISIN Share Description
Jpmorgan Brazil Investment Trust Plc 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
  -0.50 -0.79% 62.50 60.00 65.00 63.00 62.50 63.00 255,514 09:00:19
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Equity Investment Instruments 0.6 0.1 0.1 480.8 24

Jpmorgan Brazil Investment Share Discussion Threads

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Have read with interest here and your posts with the Russian theme logonair. Wondered what you thought about this or indeed whether it is relevant? Do you know any funds that do the Brazil thing besides this one?
I have the same view as yours and have invested significantly both here and in JRS fairly recently It is so refreshing to find an intelligent poster on ADVFN who puts a lot of effort in, that I was perhaps a little taken aback at first and unnecessarily unkind. Apologies again. Please keep on posting and I will try to add constructive comment in the future to your top-notch posts from which I have genuinely learnt a lot. QP
Que - No offense taken. Many posts seem to be that a particular share is up a couple of pennies then something must be up, is there a take-over in the offing or down a couple of pennies when the whole sector is down so in my view it seems to me not really worth posting. I have always tried to post Information that others may find useful when making a decision on whether or not to invest in a particular share and as points of discussion. I never mind if anyone takes an opposite view to mine, actually it is often useful for me to read.
Que - For me there can never be too much detail, often I find most posts on most threads have too little detail and are therefore pretty meaningless. However, I am finding what you´re writing about my posts extremely interesting as this is what many people say about me in my everyday life.
managed a full para that time before my eyelids drooped and i nodded off. the coffee bit was interesting but then it sadly became too much of a grind. wish each para had been just a bullet point summary. great stuff but far too busy to trawl through so much. i hope it doesn't put potential retail investors off through its sheer weightiness. gives a new meaning to gravitas. all imo. dyor. qp
it is without doubt good stuff which you post, loganair, but I fear that it may unfortunately serve to put many retail potential investors off BIT because it is such a heavy diet and they may not get past the first sentence. That's a pity. ALL IMO. DYOR. QP
Brazil's New Government Has 90 Days to Save the Economy from Chaos: ver the last several years, Brazil has gone through political and legal turmoil that has polarized the public into warring camps, revived forgotten fears of a latter-day military coup, and reignited racial and economic discourse in a way not experienced for an extended period of time. Despite the overwhelming support enjoyed by the pro-impeachment campaign, the process itself proved to be slow and painful—and can be viewed as a traumatic event for Brazil’s institutions and society as a whole. The country now finds itself wounded and facing the same problems as before—only now there is no prominent figure like Rousseff to absorb the public’s blame and anger. The new government led by President Michel Temer—Rousseff’s former deputy—has minimal room for error or even to adapt. The public’s expectations are high, and the government is expected to provide impossibly immediate solutions to Brazil’s deep problems. Crucial Days Ahead: The Temer government’s first challenge will be to restore investors’ trust and confidence in Brazil’s economy. Temer’s appointments of Henrique Meirelles as Minister of Finance and Ilan Goldfajn as President of the Central Bank are indeed a step in the right direction, and have been welcomed among Brazilian and foreign investors alike. However, a full economic recovery could prove to be an unexpectedly difficult challenge. In the first quarter of 2016, Brazil’s GDP shrank by 1.44 percent relative to the fourth quarter of 2015—and by 6.27 percent compared to the first quarter of 2015. Overall, Brazil’s economy is set to shrink by 3.7 percent this year. The GDP figures, however, only provide a partial picture of the depth and magnitude of the current crisis. Recently released data shows that unemployment has risen faster than previously thought, with more than 11.1 million (10.9 percent of the workforce) now looking for jobs. This figure represents a quarter-on-quarter increase of nearly two percent. If that wasn’t enough, inflation is on the rise—going from 9.34 percent in mid-April to 9.5 percent in mid-May. Adding to these concerns is the recent statement made by Minister Meirelles that Brazil’s fiscal deficit prior to debt interest payments could reach $42.1 billion this year. Many fear this will grow further, as the economy is not showing any signs of near-term recovery.
Brazils two-year economic recession has forced Michel Temer's interim government to put forth a large-scale privatization plan, allegedly starting as soon as July and ending in 2018, that would result in a productivity boost and bring an end to the costly recession, however, it will all be buttressed with massive layoffs and increasing poverty. Kristian Rouz — The Brazilian economy has struggled with recession throughout 2014 and 2015 amidst declines in raw material prices and is on to major structural shifts after the nation's president Dilma Rousseff was impeached by the Senate in mid-May. The left-leaning Rousseff administration, plagued with corruption allegations, had drawn harsh criticism for its inefficiency regarding economic policies, and interim president Michel Temer has repeatedly vowed "hard but necessary" reforms to boost economic productivity in order to exit the recession. The new government unveiled its first steps to privatize a large number of state-controlled assets in order to enhance the economy's overall market viability. Yet, the reforms are likely to entail personnel layoffs and will result in spiking unemployment, undermining Brazil's individual consumption and broader living standards. side of Petrobras, the Temer government might sell its stake in one of the nation's largest utility companies, Furnas Centrais Elétricas. Select infrastructure assets might be possibly subject to privatization as well, as energy, utilities and transportation have become a heavy burden to the Brazilian budget during the last years of Rousseff administration, impairing the fiscal outlook and the economy's overall resilience to external and domestic shocks. "It's time to end with the government monologue and start building solutions with our partners," Moreira Franco said last week after promising transparent regulatory framework and safety guarantees to private investors buying into Brazilian assets. Last time Brazil indulged in across-the-board privatization was in 1997, when Petrobras was partially sold to private investors, along with other state-controlled assets at that point. This time around, the nation's economy is poised to see an even greater increase of private sector investment, potentially enhancing the performance of many companies. Yet, as cost-saving measures are likely to be enforced immediately following the privatization, unemployment might skyrocket, whilst real disposable incomes of most Brazilians would decrease. Local media have reported Temer's plan for economic reform would include a privatization of at least 230 power plants, the national postal service, and state-run airports like Infraero among other assets, affecting hundreds of thousands of employees currently of government-funded payroll. The government intends to raise between $10 bln and $20 bln by late 2018 with the hope that the economy would unravel at a fast pace. The government "plans to transfer to private investors several assets, stakes and companies, although it is still analyzing which and which others will remain in the hands of the state," interim administration said in a statement. Currently, the Brazilian government own some $568 bln total worth of assets in direct and indirect stakes in roughly 77 enterprises, and the government's initial planning includes partial sales of its stakes in most commercially viable companies most attractive to investment capital. Further down the road, less efficient companies would be subject to privatization as well. The reform plan, however, has drawn criticism for its initial stages, as the privatization will not increase productivity as only the best-performing assets would be sold, whilst all the problem companies will remain a burden to the federal budget for an indefinite amount of time. Yet, looming layoffs and rising unemployment are likely to render workforce cheaper almost instantly, allowing for quicker productivity growth. Meanwhile, investors are still concerned with corruption, while commodity prices are still low, and profitability of the Brazilian utility and infrastructure sectors and negative, resulting in rather low investment appeal of the economy at this point. That said, major privatization is easier said than done for Brazil, unless the government takes administrative efforts at improving the performance of state-run companies prior to liquidating the assets.
Brazil Goes Bad, Stocks Rise by Steve Sjuggerud: BRAZILIAN stocks rose 900% from 2002 to 2007, writes Steve Sjuggerud at DailyWealth. Think about that for a minute... I'm not talking about a single stock. The entire country's stock market soared 900%. It's hard to imagine a country's stock market rising that much. But it really did happen in Brazil. And right now, I think Brazilian stocks could be ready to rise by hundreds of percent again... The story is simple: Brazil soared...and then crashed. Yes, it went up 900%, dramatically outperforming emerging markets in general. But the way down was equally dramatic...The iShares MSCI Brazil Capped Fund (EWZ) fell from around $100 a share in 2008 to around $17 a share this past January. On the way up, Brazil led a great rally in emerging markets: The way down was just as extreme. It felt like the crash accelerated in recent years... Brazilian stocks are down more than 50% since oil prices peaked in 2014. After a move down like this, you can imagine how bad sentiment is. I'll be honest with you, the story in Brazil has been bad. Corruption scandals, impeachment, a severe recession, the Zika virus, you name it. If it ain't one thing, it's two things. Investors have given up. And that is actually what I like to see. As regular DailyWealth readers know, this is a classic "bad to less bad" opportunity. In short, the biggest gains in investing come when things go from "bad" to "less bad". The news out of Brazil has been bad...but Brazilian stocks have been going up this year. Could this be the start of the next triple-digit move in Brazil? Yes, it could. A month ago, I recommended buying Brazil in my True Wealth Systems newsletter. The trade is up 19% since that recommendation. But after an 80%-plus fall, and with hundreds-of-percent upside potential ahead, you haven't missed anything yet. I'd suggest you consider buying in for the upside potential. Former stock-broker, mutual-fund vice-president and hedge-fund advisor Dr. Steve Sjuggerud is the founder and editor of True Wealth.
Buy Brazil: it’s messy, but it’s cheap - Money Week Brazil has plenty to cheer about: And that’s exactly what this week’s magazine cover story is about. As Matthew Partridge explains, it’s a country that’s been plagued by political scandal, and the commodity rout has dealt it a huge blow. As a result, stocks have taken a beating – the benchmark Bovespa index has fallen by 50% in the last five years. But lately, it’s been a different story. It’s the best performing market in the world so far this year, and there could be “plenty of room for prices to rise even further”, says Matthew, “the political crisis that has paralysed the country for over a year seems to be coming to an end”. As a commodity producing economy, it’s heavily dependent on China, of course, but China is growing again, says Matthew. On his funds page, our regular contributor David C Stevenson takes a broader look at emerging-markets. “Emerging market stocks represent decent long-term value”, he says. But he sounds a note of caution. “What happens next depends on a very obvious metric”, he says: corporate earnings. If you’re still wanting to get some exposure but prefer a more defensive stance, David has one fund that should suit you down to the ground.
Votiem - Many Thanks
Hi Logan. Delighted for you this one and JRS showing strong gains. Good for you. best, Mark
When others are greedy be fearful, when others are fearful be greedy.... Am in. In good size. ALL IMO. DYOR. QP
I do not usually make predictions on a share price, however it seems to me that JPB may reach 50p far, far earilier than I ever thought it may do and can now see possibly that 60p is on the cards by the end of this year.
Brazil Stocks Lead Global Gains as Commodities Buoy Exporters by Denyse Godoy: Ibovespa advances the most in three weeks as exporters gain Speculation that president will be ousted also fuels optimism Brazil’s stocks led a global equity rally as gains in commodities from metals to crude oil buoyed the South American nation’s raw-materials producers. Steelmaker Gerdau SA was the best performer on a gauge of exporters as a Standard & Poor’s index of commodities climbed the most in a month. State-controlled oil producer Petroleo Brasileiro SA followed crude’s advance. The Ibovespa, which rose the most in three weeks, also got a boost from speculation that President Dilma Rousseff is getting closer to being impeached, helping to support lenders Itau Unibanco Holding SA and Banco Bradesco SA. A change in government is seen by the market as the country’s best chance at pulling out of Brazil’s worst recession in a century. "There are many reasons for the Ibovespa to rise today, investors are pretty optimistic," Raphael Figueredo, an analyst at brokerage Clear Corretora, said from Sao Paulo. "Prospects for Brazilian companies that sell abroad and domestically seem encouraging." The Ibovespa advanced 3.4 percent, the biggest gain among major benchmarks in dollar terms, to 50,174.49 at 10:44 a.m. in Sao Paulo. Fifty-five of its 61 stocks gained. Gerdau added 6.4 percent, and Petrobras climbed 6.1 percent. Itau advanced 4.9 percent and Bradesco gained 4.4 percent. The two banks contributed the most to the index’s gain Friday.
Do Brazil’s woes mark the bottom for emerging markets? By John Stepek. The stockmarket can be brutal on the ego. We’ve all seen it. A chief executive or a high-ranking board member steps down – and their company’s share price goes up. Ouch. Obviously, the bruised ego pains can be soothed by the corresponding increase in the value of their shares package. But still. It can’t be nice to know that your contribution to the company effectively had a negative value. So think how much worse former Brazilian president Luiz Inácio Lula da Silva must feel. He gets taken in by the local police for questioning. And suddenly it’s the end of an entire nation’s bear market… Brazil’s rich political soap opera: Last week, former Brazilian president Lula was “detained̶1; as part of a probe (the “Lava Jato” probe) into tales of corruption at Brazil’s state-owned oil giant Petrobras. Suggestions are that Lula (who left office in 2011) was getting kickbacks of some sort. Investigations are ongoing. But it’s all just part of Brazil’s rich political soap opera. Current president Dilma Rousseff (also of the ruling “Workers’; Party”) has separately been accused of knowingly manipulating public accounts. An impeachment process against her is also under way. Yet markets have shot up on the Lula news. The Brazilian real jumped by more than 2% against the dollar, and the Brazilian stock exchange – the Bovespa – surged. As Neil Shearing of Capital Economics notes, the key here is that if the investigation into Lula can prove that funds taken from Petrobras were used to finance Rousseff’s re-election campaign in 2014, then that result could eventually end up being annulled, and fresh elections called. But that’s a long way into the future. As Shearing puts it, markets seem to be “looking through the possibility of a further period of political uncertainty and towards the possibility of new elections and a shift towards more centrist market-friendly policies”. This does seem somewhat hopeful, particularly – as Shearing notes – given “the backdrop of an economy that is in its worst recession since the 1930s, together with growing disenchantment with the ruling elite”. That’s not exactly a recipe for electing a market-friendly government (as we’ve seen in both the US and the UK). But could there be more to Brazil’s rebound than this? The real reason to buy emerging markets – they’re cheap: It’s always darkest before dawn. Buy when there’s blood on the streets. The bear case is always most compelling right before everything turns around. They’re all good contrarian points, and they’re exactly the sort of sentiment that John Authers was getting at in the Financial Times this weekend when he asked if Lula’s predicament could mark the bottom for emerging markets. As you’ll have noticed, it’s not just Brazil that’s been suffering. Most emerging markets have been crushed by a combination of the strong dollar and collapsing commodity prices. But that’s left them looking cheap. Many emerging markets are trading at levels not seen since 2008. And many of their currencies are at record lows versus the US dollar. Meanwhile, the kicker is that the two factors that have been crushing them have slowly but surely been turning around in the last few months. The prices of several key raw materials have been creeping back up. And as for the US dollar, following the Fed’s tiny rate rise in December, and the fit of market nerves that ensued, the market no longer expects rates to keep rising quite as rapidly as it once feared. As a result, the dollar’s relentless rise has eased somewhat. In short, while Lula’s troubles are a nice, big, obvious news event to hang a “This is the bottom” sign on, the reality is more straightforward than that. As Authers puts it: “It might well make sense to buy emerging markets again, simply because after long years of a bear market they are far cheaper, while the US market looks expensive by almost any sensible metric.”
Brah - many thanks for your kind comment. Many on other threats do not seem to understand how I post all information, whether it be postive or negative for the information of any and all who are interested.
Yours are helpful posts for newbies here loganair. Token purchase yesterday in small.
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