Share Name Share Symbol Market Type Share ISIN Share Description
Jpmorgan Indian Investment Trust Plc LSE:JII London Ordinary Share GB0003450359 ORD 25P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.0% 559.00 560.00 563.00 557.00 557.00 557.00 70,050 16:35:11
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Equity Investment Instruments 0.4 -0.5 -0.5 - 587

Jpmorgan Indian Investment Share Discussion Threads

Showing 1851 to 1866 of 2175 messages
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Closing in on 400p, but it Looks like a ceiling to me ! . I may get my opportunity to add on any pull back.
hxxp:// JPMorgan Indian Investment Trust plc Richard Troue | Mon 12 May 2014 This is a specialist investment trust focused on capturing the long-term growth potential in India, a higher risk emerging market. Cont... :: View the JPMorgan Indian Investment Trust plc factsheet ::
woo hoo The share price also breaks a 380p ceiling .... but can it hold it ?. :)
hxxp:// Indian Investors Express Their Optimism April 30, 2014 Some 800 million voters in India are heading to the polls this month in an election process that will take several weeks to complete. India's stock market has recently reflected the optimism investors feel in India. After a stretch of policy logjams and years of unmet potential in India, we're also optimistic Cont... ----------- I hold.
Subs are running out soon, have until 25th (with Selftrade) to covert or sell as the expire early Jan
I used to invest monthly in both JII and JMC (JP Morgan China Investment Trust). As I wasn't so happy with India I decided to stop my invesment in both JMC and JII and invest the whole monthly amount in JAI (JP Morgan Asian Investment Trust) which means I still keep my 50% investing in China, Hong Kong and Taiwan, vastly reducing my exposure to India to around 10% while giving me exposure to Korea, Thailand, Singapore, Indonesia and Malaysia.
what an unfortunate name for a warrant!
John Stepek - Money Week Of all the 'Brics' economies (Brazil, Russia, India and China), I've always had a sneaking preference for India. There's the fact that it's a democracy. Call me old-fashioned, but I still find that a desirable trait in a country. Democracy isn't everything – Lord knows, India proves that – but it does indicate a grasp of property rights that is lacking in both Russia and China. Brazil of course is a democracy too. But I always liked the fact that India is one of the few emerging market nations that isn't – unlike Brazil – heavily commodities-dependent. In any case, right now, the Brics don't have many fans at all. But India looks to be in the biggest trouble. The rupee keeps hitting fresh lows. We aren't seeing full-blown panic yet, but it could be a matter of time. So is this a buying opportunity? India's classic emerging market dilemma Federal Reserve chief Ben Bernanke's threat to reduce the amount of money being pumped into the US economy has hit markets around the world. But few have been hit harder than emerging markets. And India's currency – the rupee – has been one of the biggest casualties. The rupee, reports the FT, started to "slide in earnest in May", triggered by Bernanke's warning. But the slide has turned into a rout. The currency has hit a series of new lows against the dollar, setting a fresh record this morning. It is down around 16% since the start of May. Yet as James Mackintosh points out in his Short View column, that's still quite tame by currency crisis standards: "In 1997 the Thai baht more than halved in six months." So things could still get worse. India has a classic emerging market problem. The country runs a large current account deficit, at 4.8% of GDP. In short, that means it relies on foreign money to fund itself. This is fine when the foreign money wants to be there. It's not so good if this foreign money belongs to flighty investors, chasing the next big story. This so-called 'hot' money has a tendency to pack up and leave the instant things start to look tough. One side effect of quantitative easing (in the early days certainly) was to push up the value of assets in emerging markets, as investors chased better returns. So there's a logic to the idea that the threat of QE tapering off, has driven money out of emerging markets. And of course, there's a self-fulfilling aspect to all this. If investors fear that others will pull their money out of a country, then it's in their best interests to pull their money out first. A good rule of thumb in markets has always been: "if you're going to panic, panic quickly". Competent governance can go a long way to soothing the fears of investors. If they think that the government has everything under control, and can fix a country's problems, then investors will be more inclined to stick around. Unfortunately, India's governance doesn't encourage confidence. The government has introduced a range of measures to try to stabilise the currency. It has imposed capital controls – not on foreign investors, but to prevent Indian companies and individuals from investing outside the country. It's also raised the import duty on gold – Indians buy a lot of gold, and when they do, currency leaves the country. But of course, these sorts of restrictive measures merely flag up how desperate a situation is. They also make foreign investors all the more keen to get their money out of the country in case the Indian government tries to trap it there, despite constant reassurances to the contrary. The Indian stock market hasn't fallen far enough So what's next? So far, while the rupee has been hit hard, the Indian stock market has held up pretty well. Sure it's down about 10% this year so far, but it's hardly collapsed – this is not yet a market in capitulation territory. As the FT notes, foreign investors "own roughly half of freely traded Indian shares but are yet to withdraw large quantities of capital." The danger is, these investors will be hurting quite badly just now. The market may be down 10% in local currency terms, but in US dollar terms, it's down about 20%. So they'll be feeling jittery. They'll be hoping that things get better. But if it looks as though a big exodus from the stock market is on the horizon, they'll not want to wait in the queue to be the last to leave. The Reserve Bank of India is getting a new central governor, Raghuram Rajan. Rajan is a smart guy with a good track record. He's one of the few economists in the mainstream who genuinely saw the financial crisis coming. And most of his peers still seem to think his ideas are a bit 'out there', which is a good sign, given how wrong they tend to be about everything. The problem is, he has no good choices. India's problems are structural. As a central banker, he can only plaster over the cracks. If he wants to make the rupee stronger, the main tool he has is to tighten monetary policy. But that could make India's already frail economy slow down even further. Perhaps more to the point, the real difficulty is that the one thing that affects Rajan's job most is completely out of his control. This panic was kicked off by fear of the 'taper' in the US. Chances are, if Bernanke changes his mind, or doesn't taper as early as markets expect, or by as much, then India and the other emerging market stocks will bounce back. But if the taper looks worse than expected, the sell-off will continue. So while I like India and I'll be looking for an opportunity to buy in, I don't think we're there yet. I'd like to see a harder crash in the market, or a clearer sign that the rupee is out of the woods before I bought in. This is one to be patient on.
A good buy at some point in the future ! But no rush IMHO, this will take many months to play out !.
hhmm messy stuff for sure is india game over: i doubt it; time to step up to the plate for sure for the authorities contrarian buy i would hazard a guess ; taking a view small size (whats in the price?) not for widows and orphans granted
value viper
hxxp:// Rupee records decade's worst single-day fall of 148 paise Weighed down by heavy dollar demand and fall in stocks markets, the rupee fell to historic intra-day low of 63.30. PTI | Aug 19, 2013, 09.17 Cont...
Trouble ahead for the Indian economy !. Is India in danger of another crisis? Cont...
16% discount to NAV here, tucking away
value viper
too much red tape ! too slow cutting it !
should rally to all time highs............India is the only place where double digit growth is possible...
Jonathan Schiessl investment manager at Ashburton: What can we expect for 2013 and will one of the best-performing stockmarkets in 2012 repeat the feat next year? On the face of it, it is rather odd that Indian stocks have performed so well in 2012. After all it is corporate earnings, and the outlook of corporate earnings that drive stockmarkets. This year has been a year of painful downgrades of analysts' expectations of earnings. This is due to (amongst other factors) the unprecedented monetary tightening by India's central bank (the Reserve Bank of India) as inflation has remained stubbornly above its comfort zone. The result has been a significant slowdown in GDP growth, led by a sizable fall in investment. But of course the market is forward looking, and policy tightening will likely turn into policy loosening next year (albeit on a gradual basis). Looking at the equity market flows this year, foreign investors (FIIs) have ploughed $20 billion (£12 billion) into India (up to mid-December). FIIs have increased their exposure to perceived higher-risk markets in the hunt for better returns. While there is little doubt these flows are partly due to the aggressive monetary policies in the developed economies, and that India offers an attractive valuation, growth and stability compared to these developed markets, we believe the primary driver of these flows has been domestic in nature. By domestic we mean it is Indian factors that have driven these inflows, and by that we believe it is the reinvigorated reform agenda that is paramount. It is our belief that it is the potential for further reforms that will dictate whether India will do well in 2013. Since the about-turn of the Congress Party in mid-September to a more reform-orientated, pro-growth agenda, there have been some significant measures announced: Diesel prices have been hiked, helping the government's fiscal deficit. The State Electricity Boards (SEBs) have begun to restructure (the SEBs have been a potentially huge source of non-performing loans to the banking sector). Foreign direct investment (FDI) has been allowed into multi-brand retail. Each of these measures has very positive long-term implications for the Indian economy. But by themselves they are not enough, and there are other potentially far-reaching bills and proposals that are currently waiting to see the light of day. Where we are perhaps a little more positive than most is our belief that this government might well surprise on this front. The fact that the government pushed the FDI in multi-brand retail bill through both houses of Parliament, in the face of intense opposition, suggests to us that there is real strength and resolve in these matters. With an election due in 2014, we expect a drip-feed of positive news on this front to ensure that the foreign liquidity taps are kept turned on. Turning to the economy, I see 2013 as a year of gradual improvement in both GDP growth and also inflation moderation. The recent policy initiatives by the government and further reforms should help boost business sentiment and improve the investment climate. Inflation in prior cycles in India has usually fallen in the face of a slowdown in GDP growth, and we expect this time will be no different. Indeed we are currently seeing signs of wholesale price inflation easing. If inflation eases further, it will give the RBI the wriggle room needed to change bias from an inflation-fighting to a pro-growth agenda. This would have obvious positive implications for corporate earnings. So, all-in-all, I expect 2013 to be a better year than 2012. With India's macro picture expected to turn for the better, and the government playing its part, we have a fairly positive outlook to the first few months of 2013. Of course external factors could easily derail this positive scenario - continued eurozone worries or even heightened geopolitical risks in Asia. But let's not forget that India is Asia's most domestically-focused economy with perhaps the best long-term structural growth drivers on the globe. Add to that the quality of corporate India being world class and this is an investment story that deserves renewed attention.
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