Jpmorgan Chinese Investm... Share Discussion Threads

[mangal] 25/3/2008 09:11

All the froth is gone; I've dipped my toe in.

[hectorp] 25/3/2008 09:06

JII up over 30p, what rubbish here...

[hectorp] 24/3/2008 11:39

The 3 year chart shows support is intact, and the RSI is below 30.
Without messing with the chart, the double top spike at 160 seems to be a 'blip' and taking this out 130 looks a better medium term target.

Nerja, I will need to consider buying 10-20K shares to get hold of the warrants. Of course the warrants could be considered to add 20% dilution to the underlying. We also need to find the terms of the warrants. In this market, you dont want a tail to wag a dog..

LAstly is the P/E of the Fund's underlying investments, now cheap? ie is China /Hong Kong etc, now genuinely cheap and good value? Many of the investments are in Banking and other financials, and in telecoms and in commodity shares.
China growth seems set fo fall from 11 to 7% - I see that as a GOOD thing and the Government is trying to reduce unemployment etc.
Lastly this May be a useful time to buy Frontier Market Funds.. anyone?

[igoe104] 21/3/2008 10:07

IVE BEEN investing in this fund for over 3 years now, its hard to believe they have 0% growth, i know for a fact for sure it will improve, looking at their investments like china mobile etc.

[jayboy4] 21/3/2008 07:55

Cheers Nerja
Been in this since the launch, to date the growth has been very poor.
the price now is what I paid back then, so 0% growth so far.
Considering the growth of china over the last 10 years. This trust has performed very poorly. I know its recoverd well from the days it was trading sub 50 pence,

[nerja] 20/3/2008 18:55

jayboy4, phew nearly missed that one, its a one for five warrant which can be executed over 5years at differing prices.Set date appears to be 14th april, record date 15th april. I will have to give some thought to buying back in now to get them, Hectorp are you there what do think?

[jayboy4] 20/3/2008 18:41

Does anyone understand the bonus issue recently announced.
do we get free shares or some at a discount ?

[nerja] 18/3/2008 09:19

Bshares dropping big style, probably because of Tibet, western financial eyes are elsewere at the moment, this could get a lot worse for the games in china and UK so watching brief, defo order of the day for me at present.

[hectorp] 18/3/2008 08:57

Agree. Keep money in the bank for the better times.

[apetley] 17/3/2008 15:45

If you catch the bottom on this one I agree with you i and H.
I am watching very closely now but still very nervous about more bad news to come out of the US.

[hectorp] 17/3/2008 13:32

Oh it shall, I am sure you're right on that.

China currency story


- Add monthly an excellent strategy 'cash cost averageing' neve goes wrong unless starting low and they go lower, lol.
I expect you will earn over 10% compound every year for 10 years minimum Maybe 12%.
Could be as good a play as buying the decent Banks near the end of this downturn.

[igoe104] 17/3/2008 11:40

Things not good at the moment, but over the long term this will come good.
i,ve got these in a Isa and im looking to hold over a 15 year period, for which i,ll keep adding every month, who knows in 15 years this could be over £10 a share.

[hectorp] 17/3/2008 09:53

Support appears to have broken.. on most indices so not surprising.

[knowing] 11/3/2008 22:52

See what happens tomorrow.

[hectorp] 04/3/2008 17:59

You said it right, the Yanks are nowhere near out of the ++++, if anything there is yet more gloom, even so JMC in particular is gaining relative support. I'd buy back JMC, JII and my old favourite TEM , when the time comes ( May? September?)
I suggest we need to see the Dow falling 12-14% more yet to ideally feel confident.

Sorry I am going on.. JMC looks a fair hold now but I am waiting.

[nerja] 19/2/2008 20:29

Ouch!!!! yanks are really being party poopers, everything set up for a break out on the BRIC funds and they have poo poo it, grrrrr

[nerja] 19/2/2008 12:52

Hectorp, in again and also JII, I think 60/40 a break to the upside with whats happen to banks over here now, just think there will be follow through in asia tonight if the yanks follow as well.

[knowing] 13/2/2008 00:17

BEIJING (XFN-ASIA) - Retail sales in China during the Lunar New Year holiday
reached 255 bln yuan, up about 16 pct from the corresponding festival period
last year, the commerce ministry said.
In a statement published on its website, the ministry said that prices of
many consumer goods have risen significantly since January following snowstorms.
Vegetables and meat were hit hard.
But prices of some items, especially vegetables, meat and eggs, fell to some
extent during the Feb 6-12 holiday as weather-related problems eased, it said.
The ministry said sales of the catering sector during the holiday were up 18
pct. It did not provide an absolute figure.

[nerja] 12/2/2008 20:06

Could well do Hectorp, thats the trouble waiting for confirmation of a market move one will miss the first moves to the upside, how ever if they are false moves then you can get burnt big style if your an investor. At the moment best to play it like you have with JII just a quick in and out if you can. Another point about all these BRIC funds is the way they have performed during this downturn, all the old world funds are down much more and noted today the fund managers are still doing buy backs on them not so the BRIC funds.

[hectorp] 12/2/2008 18:49

In one sense I agree he is doing a Branson. However the markets have chosen a good rally today, but I write too soon, the markets have not closed in he US.
My take on tomorrow is that JMC will have a very large rally, 10-20p. We will see. I am NOT invested.

[nerja] 12/2/2008 17:29

Hectorp, it was after the chinese holiday last year the markets tanked, with all the damage caused this one its best to play safe, there will be plenty more times to get in this year I think. JII is looking better but JRS is beating them all still, I want to see how this latest market up move goes, maybe its a double bottom in place maybe not.
I am not sure about this Buffet deal, it was out last week and had no impact then, to me he just doing a Branson and by his own admission is in it to make money for his fund, he is just cherry picking the best lots. One of them has rebuffed his bid the other 2 have not replied after a week, once the real deal is on the table there will be a rethink by the markets, I think the next couple of weeks will decide which way the markets are really going, is this a dead cat bounce or a real turn.

[hectorp] 12/2/2008 17:16

thanks nerja, brief, not much detail, but useful.
I bought JII today , if the little rally of today continues it will be interesting to see how JMC does tonight. I'm still out as yet.

[nerja] 11/2/2008 10:43

Hectorp, just found this, worth a look at,

[hectorp] 11/2/2008 09:34

Wednesday will be interesting. Been reading too quite good noises about China and India, relative to US downturn, they should not be badly hit, and while not 'decoupled' from the US, thre is now plenty of greowth evidence continuing, if the Government dont overplay their currency weapon , which in any case is also a hedge for we foreign investors in China. I also just posted over on JII.
Support here should be around 108p at lowest IMO Olympics coming up soon etc..

[nerja] 10/2/2008 11:38

Going to be a big week this for JMC, markets in china open up on wednesday after the new year break, with all the damage the snow has done to the economy and the falls world wide its hard to see anything other than a sell off then.
Maybe the states will come to the rescue with another cut, but I think its options week in the states as well so more ups and down probable their.
Its still just a traders market for me, not yet for longer term investing for me.