Templeton Emerging Marke... Share Discussion Threads

[johnwwwilkinson] 23/6/2005 16:59

click here for FINAL RESULTS

[johnwwwilkinson] 23/6/2005 16:53

200 up tomorrow? Next week maybe. Next month for sure (barring accidents).

[johnwwwilkinson] 02/5/2005 10:38

Mobius bearish on IT, pharma sectors -------------------------------------------------------------------------------- NDTV Correspondent Monday, May 2, 2005 (Mumbai): Mark Mobius, Managing Director of Templeton Asset Management, today said the emerging markets may face pressure if the US treasury rates go up. Asserting that the hike in the US interest rates was not a bearish signal, he added that the spread between emerging and US markets bond rates would be crucial. Mobius said Templeton is underweight on India compared to other emerging markets but they would increase their holdings if the Indian markets correct further. The Indian government should increase fuel prices, Mobius said, to keep inflation in control. Bearish on IT, pharma Speaking on the Indian stock markets, Mobius said IT and pharma stocks look expensive at the present juncture. Instead, he said he would look at FMCG firms as he expects the consumer market to grow. Mobius said HLL and Tata Tea were his picks among the FMCG stocks. The Hong Kong-based emerging markets fund manager said oil and gas stocks are not going to see much correction. He said his fund is invested in HPCL. Consumer banking Taking a contrarian call, Mobius said the consumer banking segment looks interesting to his firm. However, he said the limitations on foreign investment in banks works as a negative for the sector. But still he sounded upbeat because banks are foraying into the retail consumer segment. On the commodities side, Mobius said he expects steel prices to move down but not in a dramatic fashion. Steel prices will settle at a new plateau, he said. The Indian auto stocks are overpriced, according to Mobius. http://www.ndtv.com/money/showbusinessstory.asp?slug=Mobius+bearish+on+IT%2C+pharma+sectors&id=24953

[buying] 07/3/2005 17:41

Thanks for the info John. I believe this share is goining a lot higher, it's where the future is.

[johnwwwilkinson] 28/2/2005 21:14

Hectorp - This fund, and, in particular, the man who made it all happen, Dr. Mark Mobius, is regarded as one of the very best. Unfortunately, I sold out to finance a tranche of Corus, which, I hope, will see a significant breakout soon. I was, without doubt, somewhat premature in jumping ship, but still made a tidy profit. For anyone looking to round their long-term portfolio to take advantage of the inevitable growth outperformance in emerging markets, then TEM should be on the short list. (IMHO - DYOR - click on the Trustnet link in the header above for starters). I hope to get back in, possibly via a regular savings scheme, but currently 100% committed elsewhere.

[hectorp] 28/2/2005 19:02

Is this the best of the Emerging Market Fundds? I see that some countries could revalue their currencies eg Malaysia, Taiwan. THis could boost such a fund greatly. I dont hold.

[buying] 07/2/2005 19:24

Johnwwwilkinson, Thanks for all that info . We had a good day today.

[johnwwwilkinson] 05/2/2005 18:47

Cheers maywillow. You too:-) Are you in this one?

[maywillow] 05/2/2005 09:56

jwww, you did well enough my son enjoy your weekend

[buying] 03/2/2005 20:34

Emerging markets are the future and Templeton has a strong track record. The shares are performing strongly and this is a long term hold for me.

[johnwwwilkinson] 03/2/2005 18:31

Seems I slipped up selling when I did. Needed the cash for a Corus top-up and didn't want to miss the boat. As it turned out, I could have waited and had the best of both worlds, but that's the way the cookie crumbles. Good luck to all holders of TEM. If it breaks 175, could see 200. If it goes the other way and Corus comes up trumps, I'll be back.

[hectorp] 25/1/2005 19:23

This is the ONLY fund quoted in Britain which has full exposure to emerging markets. By now, Mobius will have to an extent, refocussed on the backyard of China - that is, Taiwan, Phillipines, Viet Nam, Thailand Korea Malaysia Indonesia etc. THis has to be a long term core hold in any folio - unless of course, Chian gets Sars and everyone dies. One other worry could be Mobius, he could be about right for plasticisation. Who is groomed to take over? H.

[buying] 03/12/2004 23:46

Thanks foryour reply

[sir ulrich] 03/12/2004 18:17

Been in this since the fund was launched buy every month through the savings scheme.will be in for at least the next ten years.Great potential here.

[buying] 03/12/2004 17:36

Emerging markets is a good place to be,look at the rate our manufacturing is moving to the far east and eastern europe and look at the amount of people that's going to be the consumers of tomorrow. This is a solid long term hold. Anyone else own tese shares?

[johnwwwilkinson] 03/12/2004 16:25

I sold my entire holding in TEM earlier today. Good luck to all (if any) following this thread.JWWW

[rambutan2] 04/11/2004 16:04

hi guys. its not unique but you do need to check with company beforehand, or sometime its in one of their rns. as this one was so big and the wrrs were well in the money i just assumed that they would exercise them. afterall, its new funds for them... Mark Mobius,Templeton Global Emerging Markets Well known in the US for the management of the group's Global Emerging Markets Fund, Franklin Templeton Investments created an onshore version of Mobius' fund in March this year. So far Mobius has taken in £8.5m in assets. In addition to these, Mobius also manages a UK-listed investment trust. Because of the open-ended nature of the more recent fund offering, he said the portfolio is slightly different to that of the closed-ended version he also manages, which currently is at 16% discount to net asset value (NAV). However, with a warrant issue on the investment trust due to expire at the end of October there will be a 20% flow of funds into it, which, temporarily, will have the effect of making the trust open-ended, meaning he can align the two portfolios. He said: "I will invest at least 30% of the incoming cash into Asia, namely Korea, Taiwan and Hong Kong, because of the demand coming from China into these countries and because all three currencies are undervalued." A theme developing across emerging markets that Mobius said he is participating in is of emerging market companies buying up and merging with their more developed market counterparts. One such company the fund has a position in is the South African brewery SAB, which recently bought Millar in the US. "The SAB purchase of Millar is the beginning of a trend and I am expecting more consolidation globally, across all industries, whereby emerging market companies will buy developed companies." Consumer-related stocks is another theme Mobius is looking to, particularly in Korea which has been reducing its interest rates in an effort to boost domestic consumption. Consequently Mobius has been looking to telecoms, banks, food products, hard goods and retail sectors as a way of playing out this growth. While some way in the future, Mobius added he is already looking to the next batch of emerging markets, after a number of those countries he is currently invested in become considered developed themselves. He noted: "Africa is where the next series of emerging market countries will come from over the next 10-15 years, namely Nigeria, Egypt, Iran, Iraq, Syria and Kenya, all of which I am currently keeping my eye on." However, while a number of countries have just entered the European Union, Mobius said most of them have a long way to go in terms of reform and economic change before they can consider themselves a so-called developed nation. http://www.trustnet.com/general/news/display-story.asp?id=62295&db=ut

[mangal] 03/11/2004 14:07

Mart, I'm not sure whether this is a unique occurance or not - I have always sold out before expiry or exercised the warrants on the exercise date. Maybe Ram can enlighten us.

[mart] 03/11/2004 10:45

I was surprised. How did this happen? Is it a unique occurrence?

[mangal] 02/11/2004 19:27

Surprise! surprise! Yes, they did get more. see the WT thread.

[mangal] 06/10/2004 19:33

Is it possible that the 10,791,725 warrants' holders who failed to exercise their warrants will get more than the holders who sold the warrants at recent high of 14p ?