New India Investment Trust Share Discussion Threads

[davidbh] 02/9/2005 22:51

India's Finance Minister said today that the country's oil bill will be one third more in the next year due to Katrina effect.

[davidbh] 01/9/2005 22:09

Yes, and the warrants are ahead of the ord. shares - suggesting eager buying and a correction sometime, or at least a standstill in warrant growth until the shares catch up.
What effect of the New Orleans disaster? There will be some (globally)- higher oil price, lower GDP growth ...any offers on etc, etc ?
The key q. is will NEW India be affected more than the rest ? Any speculative answers ?

[mangal] 31/8/2005 15:38

Note: this is no longer trading at a premium to NAV.

[stoic warrior] 16/8/2005 11:15

Comment in "DailyMail" this past weekend ... "Investment Extra: Brian O'Connor talks to India specialist Hugh Young of Aberdeen Asset Management and says the New India Investment Trust, 113.5p, still offers plenty of potential after rising 48% over the past five years."

[davidbh] 10/8/2005 22:32

mangal,
India has the highest number/volume of "middle class" than any other country.
I agree with yr comment. It is the China of now in terms of development.
What it needs is infrastructure - good roads etc.
There is no lack of food but each yr some die form lack of access to distribution of food e.g. in Orissa State.
Stable Govt with an western-style economist as PM, adds to its attractions.
I am heavily into India via various forms of mutuals, and for the long-term.

[mangal] 31/7/2005 21:53

It's interesting to note that India may turn out to be a better place to invest than China:
"
For a generation, China has been the place where hot money in search of high returns was destined. ... It is no longer that place, except in the minds of the nostalgic and delusional. But India could well be. If one thinks of China in 1980, the notion that its bureaucracy, lack of infrastructure and a culture antithetical to rapid development would yield the economic powerhouse of 2000 would have been unthinkable. It was unthinkable.

India is in China's position of 1980. It has a mind-boggling bureaucracy, poor infrastructure and a culture antithetical to rapid development. At the same time, it has the basic materials that China built on. As the Sino-U.S. relationship deteriorates, India can be a counterweight to China -- not in a military sense, but in an economic sense.
"

[stoic warrior] 31/7/2005 20:18

FYI, an interesting article by John Mauldin ([e-mail]) entitled "India - The Next Big Player" July 29, 2005.

[davidbh] 10/7/2005 23:21

Dr CK Narayan (ICICI Securities) feels that markets re expecting a correction. Looking at technical charts and tools, he says there is no need to be wary of a correction. A?c to him, the mkt will rise in the next 1-2 weeks. "My projections is 7570 for July."

[mangal] 10/6/2005 13:02

NII thrives under Young's team - citywire article:

[stoic warrior] 31/5/2005 11:35

Uncle ozzie - I assume you have not used the links above ... use these and you'll not only get your answer but other useful info as well ... ("Give a man a fish and he'll eat today; teach him to fish and ...")

[uncleoswald] 31/5/2005 09:26

Anyone know the exercise price of the warrants?

[stoic warrior] 25/5/2005 16:27

NIIW Warrant charts here, if desired ...

[english bigblls] 25/5/2005 15:34

Can you include the warrant chart in the header please?

[stoic warrior] 25/5/2005 15:32

Done. Also added some other useful links as well as dynamic links to both NII fundamentals and news. I don't see any value in creating a separate thread for the warrants, so any warrant chat can occur here too (and/or on the generic warrant thread (WT)).

Right, And now to see this IT and its warrant grow ...

[mangal] 25/5/2005 15:11

SW, Thanks for starting this; You may like to add the following link(NII home) to the header: www.newindia-trust.co.uk

[stoic warrior] 25/5/2005 14:36

This used to be the Deutsche Latin American Companies Trust ... Aberdeen have taken them over and revamped it entirely ... new geographic focus, new management team, new opportunity to make a profit (we live in hope). The warrants are coded NIIW, expiry June 2010.

Useful Links:
http://www.newindia-trust.co.uk/ecms.nsf/ITNewIndia/Home