Jpmorgan Chinese Investm... Share Discussion Threads

[nerja] 17/11/2006 12:48

No dog, just the wife and son. More brits coming back than going from what i saw, it seems the love afair is ending with Spain for many.
Agree about JMC, i am uncertain about the markets as a whole though, i am hoping for a pullback of 3%+ before committing more funds, but before this happens knowing my luck they will probably go up another 10%.
Take a look at Jpmorgans Japanese 2 trust they have both been trashed this year they look to me as though they may be bottoming out and if India and china keep their growth going the Japs must get dragged along being so close IMO
nerja

[quidnunc] 17/11/2006 09:03

Moved back from Spain?
Dog & Wife too?
Well JMC has a nice chart so I'm well in.
Quiddy

[nerja] 16/11/2006 18:53

Quiddy, yes mate, but not as much as i should be. I have not had time to view over the summer just moved back from Spain and have missed out of most of the action.I am mainly in cash at present while i cant give it the time and the markets seem to be getting a bit top heavy for the moment so hoping/praying for a bit of a pull back to get some more.
Cheers
nerja

[quidnunc] 16/11/2006 09:42

Nerja, are you still in JMC?

Quiddy

[quidnunc] 15/11/2006 10:10

Its still following the trend channel upwards.
Quiddy

[igoe104] 09/11/2006 12:42

yes i suppose i,ve not included lending, but many of these funds investments, i can see big blue chip companies in year,s to come. nice to see the price moving up. i can see long term investors making huge return, from these shares.

[gurp] 06/11/2006 22:31

igoe - HMGov needs people like you to give figures!!

NAV 86p share price 80p discount 7%
china popln 1.3bn approx 1/5 of world popln 6.6bn
see

however wouldn't be surprised to see jmc return to a premium in the near future, china fast becoming the catalyst for the state of the world economy

[igoe104] 06/11/2006 11:21

well not far off 30% is not a bad discount. i think this is a great long term play. i see the chinese market, like what japan was in the 1950,s, but china has 1.3 billion people living in it around anout 1/3 of the worlds population. i can see alot of jmc investments becoming, billion pounds, blue chip companies in the next ten years.

[david77] 06/11/2006 11:15

igoe104 "yep net assets over 85 mill, market cap 59 mill."

Last published NAV 85.21p/share - current share price just over 80p - a bit of discount but not as much as you are saying.

[igoe104] 06/11/2006 10:57

ticking up slowly, but moving in the right direction.

[igoe104] 03/11/2006 20:10

yep net assets over 85 mill, market cap 59 mill. this fund has alot of catching up to do. I see the chinese market, like japan was in the 1950,s. lots of long term growth. i,ve got isa where i put in a good sum in this fund, every month. hoping to build it up over 20 years.

[hectorp] 03/11/2006 18:38

The 3 year uptrend appears intact, interesting play. Been buying into Japan for 2007.. will see.

[igoe104] 02/11/2006 15:25

chinese stocks trading higher.

Yuan Strengthens

China Mobile, the world's largest cell-phone company by users, rose 1.7 percent to HK$64.25 in Hong Kong. China Life Insurance Co., the nation's biggest insurer, added 0.9 percent to HK$16.52.

The Chinese currency gained 0.08 percent to 7.8724 against the U.S. currency as of 10:05 a.m. in Shanghai, after the International Monetary Fund said China should increase the yuan's flexibility and reduce its reliance on exports for economic growth.

``

[igoe104] 20/10/2006 15:04

YES ITS very much undervalued, this fund is.

[rabain] 02/10/2006 09:04

Can't believe that this is down this morning. Now trading at a significant discount.

[igoe104] 22/8/2006 13:43

worth a read

[foster] 09/6/2006 12:09

Apart from the 1% dividend, what advantage is there in buying JMC rather than FXC, the exchange traded fund?

Given that...
No stamp duty is payable on purchases of EFTs
No buying commission on EFTs in Squaregain ISA
JMC caries more risk with share price at premium to NAV
Bid/offer spread is about 2% for jmc and about 1% for FXC

[nerja] 04/6/2006 09:56

I sold out most of mine recently, but still hold 3k, short term it could go down further than other ITs because it is trading at a premuim, which leaves it open to greater falls if the market goes down. Also there is a head & shoulder forming now, medium to long term it should be a great investment but at the moment myself, i will wait until the picture is clearer before adding.

[knowing] 03/6/2006 11:44

igoe ypu may want to add a link in the header to the CHIN thread.

[igoe104] 03/6/2006 10:28

good set of results, this is going to be a great, medium long term hold.
i think everyone knows, chinese companies, are going from stength to stenght.

[igoe104] 23/5/2006 17:18

I HOLD THESE IN A ISA, ITS A FUND FOR THE FUTURE IN MY EYES, THE FUND HOLDS, A BIG PERCENTAGE IN CHINA MOBILE, AND ALOT OF OTHER CHINESE COMPANIES.

[igoe104] 23/5/2006 17:12

Ten Largest Investments
JPMorgan Chinese Investment Trust
China Mobile 9.2
China Life Insurance 'H' 5.2
Industrial & Commercial Bank of China 'H' 4.8
Taiwan Semiconductor 4.5
CNOOC 4.2
China Construction Bank 'H' 3.9
China Petroleum & Chemical 'H' 3.6
Chunghwa Telecom 3.3
Cheung Kong 3.1
JF China Pioneer 'A' Share Fund 2.9
44.7


JPMorgan Chinese Investment Trust (geographical spread)
Hong Kong 35.4
Taiwan 33.6
Peoples Republic of China 31.0
Singapore 1.1
Cash -1.1
Total 100.0

China's economy is expected to grow 11.5 percent this year,

[igoe104] 23/5/2006 17:07

you would of thought, china was going into a recession, the way the share price has fallen, anyway this fund will bounce back, i except it to be over £1.20 by the end of the year at least.

[igoe104] 26/4/2006 22:28

this has a great look about it in a chartist kind of view.