Jpmorgan Indian Investment Share Discussion Threads

[hectorp] 17/6/2008 07:58

India AND Japan now look very promising ..

[hectorp] 10/6/2008 18:08

ha ha! 90% cash and I am .. 90% invested.
But, I am up around 14% since January as they are nearly all oil and gas.
so my selections have been wise for a change.
- DOW up a little tonight, so lets see how we do overnight.

[james111] 10/6/2008 11:52

strange market at the moment, I am so lucky I am 90% in cash, admittedly more by luck, I keep looking here thinking we must be near the bottom and down we go again. I guess its sit back and wait for things to steady.

[hectorp] 10/6/2008 08:45

China -markets fell 8% overnight in Shangai the most for 15 months...
The Dow futures are down 83 cents
JII India is not down .
- Maybe there could be a switch in favour from China to India commencing
I'd certainly think the current dynamic is good for such an event.

[hectorp] 10/6/2008 00:25

Yes James !!!.
I would also considering adding batches or pound cost averaging. So far just a few K. I'm a bit stre...tched just now.

[james111] 09/6/2008 20:41

hey guys nice to see you are all buying, I almost did but got bogged down in the office, so have my powder dry so to speak. Looking to put a biggy in here probably do it in 4 or so lots maybe more. I have made here a few times and while things elsewhere are somewhat difficult i am quiet possitive here at this sort of price.
Regards

james

[nerja] 09/6/2008 19:00

I bought some this afternoon hoping for some bounce, very attractive at these levels.

[value viper] 09/6/2008 18:57

buying also

[hectorp] 09/6/2008 18:15

I agree last post.
Not many read this thread, and so what, but I was a buyer of JII this afternoon.
Short term, we are due a bounce, and long term, we should start to decouple from
the US downturn. OK its traded in the UK and everything traded here is downplayed these days but the underlying assets are IN India.

Its just like Russia there are some great buys there eg RUS wher I bought at 78-83p now 102 and heading much higher.

[hectorp] 09/6/2008 18:12

Funny you should post that up, I came here to do the same!
eg
....Private equity moving to India from China

In a May 28th report in India, some of the following facts came out:

India's construction industry has expanded at a compounded annual growth rate of about 10% in the past five years, a rate that is expected to be maintained on the back of massive infrastructure investment and a rapid rise in housing demand.

Kuwait-based investment bank Global Investment House, in its latest report, said that "Strong investment boom, favorable regulatory policies, a rapidly growing middle class and emergence as a low cost manufacturing destination has led to accelerated economic growth. India's GDP growth rates are the highest among the major economies of the world."

The government of India projects a total fund flow of US$456 billion in the 11th five-year plan that runs till 2012. Of the total projected investment, it is estimated that power could get 28%, roads 19.7%, railways 14.5%, and telecom about 12.3%.

An estimate from the Indian Prime Minister's Office has said that around INR 14,500 billion of investment is needed to develop infrastructure to cater to growing needs of the economy. The present size of construction industry in terms of annual monetary value is estimated at INR 3,100 billion, with an employment status of 31 million man years.

The Economic Times of India highlighted the following on May 27th in a report entitled "Private Equity Investors Favor India Over China":

[dutch alert] 09/6/2008 15:29

Colum on MIB.V on stockhouse

[hectorp] 09/6/2008 08:08

carterit .. JII down 8% over 3 sessions.
Is following the Dow to an extent.
There should be a break up from that soon.
Some very good value stafting to appear. But the 2 year uptrend has now broken down.

[dutch alert] 06/6/2008 17:28

interesting tiny infrastructure play
MIB.V
building trials for big clients
second half 2008 looks good for
big contracts

[carterit] 06/6/2008 11:16

snap - also just also waiting for a gap to open up between share price and NAV

[james111] 06/6/2008 08:04

H like you I am still not in, but very close to buying.

[hectorp] 05/6/2008 16:36

Hello James III, hope all's well.
Today the Fund put on 6p though I've not looked to closely, a close of two up days would probably bring me in.
I note I can also trade them on IG Markets as a CFD at the same prices.
regards
H.

[james111] 03/6/2008 13:52

Hectorp, you are correct, I am reading it the same way and also looking to get in,if we hold then I am ready to get back in. I got out nicely early jan at just over 4.80.

Regards
James

[hectorp] 03/6/2008 10:04

VERY close to 1-year support level here.
Will it hold.

[hectorp] 01/6/2008 17:58

seems to be 363 mid lets see what Monday brings but it looks oversold. But not catch a falling knife.

[nerja] 30/5/2008 09:30

Hectorp, the 369p price was just an after hours ut trade so take care, the price its at now is the same as yesterdays real finish.

[hectorp] 30/5/2008 09:26

strong fall today ( at present down 6p) so very soon indeed testing support level.
I'm tempted in even now, but not before a weekend close in the US markets. I will feel much happer buying JII if I can see the US starting to turn up again. However I do not know how much the fall in JII recently has been due to worldwide market factors or internal Indian ones. We know that India-US don't do too much trading.

[gurp] 29/5/2008 10:51

& indicators look to be lining up for an upturn

[hectorp] 29/5/2008 10:19

ditto now 360. should be good support around 352. Back in if so.

[hectorp] 20/5/2008 09:04

Down 11 today, glad I waited.

[hectorp] 19/5/2008 16:11

I propose buying any Financials even in the Far east is too soon IMO.
However I have missed buying JII ( or JMC) as I am still pondering if they will rally .. now over 400p, I realised I missed a chance over recent days. I start to see JII as risky again, because the Dow and FTSe are close to retracing surely. ANd then the whole lot go down yet again. I';ve been happy in small UK miners and some oils so doing OK.
No disccount eh? look at the discounts on interesting plays DGRE ( 60%) and RUS.