International Investments Emerging Market Value Analysis January 2007

by | Feb 26, 2007 | Archives

International Investments in Emerging Markets offer good value. But which? Our friend, Michael Keppler, continually researches many international investments in major stock markets and compares their value based on current book to price, cash flow to price, earnings to price, average dividend yield, return on equity and cash flow return. He compares each major stock market’s history. From this he develops his international investments valuations of Good Value Major Stock Market Strategy. His analysis is rational, mathematical and does not worry about short ups and downs.

The April 2007 edition of Capital Magazine, Germany ’s major international investments periodical stressed the outstanding quality of Keppler’s fund products. The magazine said:

“Michael Keppler again earned the highest five-star rating. A Bavarian residing in New York , Keppler follows this secret recipe: He searches the globe for attractively valued equity markets, analyzing the balance sheet data of thousands of companies included in his data base. The markets he selects are equally weighted in his portfolio. Only as a second step, suitable stocks are selected. The concept works. His global and emerging markets equity funds have achieved above-average returns for years. They are long-term buy candidates.”

Here is a summary of Keppler’s current comments on recent developments & outlook about international investments in international emerging markets.

After six consecutive winning months, the international investments in Emerging Markets suffered their first monthly setback since last June. The MSCI Emerging Markets Index declined 1.1% in US dollars but due to a strengthening US dollar, it advanced 0.4% in euros bringing the total returns over the last 13 months to 30.7% in US dollars and 18.7% in euros.

Of the three main regions, international investments in Latin America stood out with a 1.7% gain in January, extending her previous year’s winnings to a 13-month total of 45.6%. Europe, Middle East and Africa (EMEA) declined 1.1% in January, bringing down its 13-month returns to 22.7%. Asia was the weakest region of the month with a loss of 2.1%. Her 13-month total return through the end of January — a respectable 29.9% — nevertheless did not beat the MSCI Emerging Markets composite benchmark.

International investments performance numbers are in US dollars unless mentioned otherwise.

Sixteen international investments markets rose and eleven markets declined in January. The best performers of the month were Pakistan (+15.9%), Morocco (+11.1%) and Malaysia (+10.4%).

Venezuela (-33.8%), Hungary (-6.4%) and Russia (-5.2%) performed worst.

Over the last thirteen months, Morocco performed best (+86.6%), Peru (+76.8%) and China (+75.1%) came in second and third.

Jordan (-24.3%), Turkey (-0.4%) and Israel (-0.2%) performed worst.

There are no changes in our International Investments Performance Ratings this month. The Top Value Model Portfolio contains Brazil, Korea, Malaysia, Poland, Taiwan, Thailand and Turkey at equal weights.

SELL CANDIDATES (Low Value): Argentina, Egypt, India, Indonesia, Mexico, Morocco, Pakistan, Peru, South Africa.

NEUTRALLY RATED MARKETS: Chile, China, Colombia, Czech Republic, Hungary, Israel, Jordan, Philippines, Russia, Sri Lanka, Venezuela.

For more details on Keppler’s international investments analysis, contact Roderick Cameron at 1-212-245-4304 or email

You can get ideas on shares in these top value emerging stock markets from Thomas Fischer at Jyske Bank at

Jyske Bank uses an international investments good value system as well and their affiliated fund management company has been rated number one by Morningstar. They use this value system to help us select shares for our Multi-Currency Portfolio Educational Tracking Service. This has worked well. In 2006 the mainly equity portfolios we tracked rose 42.93% (Emerging Market) and 114.16% (Asia Emerging Market) in a year.

Jyske Bank is the second largest Danish bank, with 450,000 domestic clients, 35,000 international clients, USD 23 Billion in total assets, and a moody’s rating of A1.

We develop five portfolios for educational purposes once a year in cooperation with Jyske Bank’s Private Banking division.

Jyske Bank Private Banking division is a business unit of the Jyske Bank Group, and they cater exclusively for international private investors from 180 different countries. They have offices in Copenhagen, Switzerland and Gibraltar and Fuengirola, Cannes and Warsaw.

Jyske Bank is one of the most experienced currency trading banks in the world and trades 24 hours a day. Many bank’s use Jyske Bank as their currency trader.

Jyske has over 35 years’ specialization in private banking and Denmark is ranked by Moody’s as the safest country in the world to have a bank account in.

We formed new portfolios with Jyske in November 2006 and as of February 15, 2007 the five updated portfolios have performed as shown below:

December 29, 2006
January 30, 2007
February 15, 2007
Swiss Samba
Dollar Neutral
Emerging Market
Dollar Short

You can learn why this performance has taken place in a sixteen page email report about how 13 economic forces now clash to shape investments markets ahead that show the rewards and the risks. The report also outlines the five new Multi-Currency Portfolios we are tracking in our Borrow Low-Deposit High Multi-Currency Sandwich Educational Service. Details are at

Until next message may all you international investments be good.


P.S. Join us in the Ecuador sun this winter. Here is a schedule of the courses Merri and I will sponsor and or conduct.

The International Investments & Business course will look at how to Borrow low and Deposit High. Two account executives from Jyske Bank will speak at this course to update global economics.

The business sessions in this course and at our April Import Export Expedition share ideas on how to develop and use your website to enhance sales. One session looks at ways that really small businesses can compete on a global basis with the big guys via the internet.

We look at how to have a huge impact with search engines. Delegates learn how to literally own words on the web without paying a cent in advertising.

Mar. 16 -18, Fri.- Sun. International Investments & Business Made EZ.

Mar. 19 – 21, Mon.- Wed. Andes Extension & Real Estate Tour.

Apr. 20 – 25, Fri. – Wed. Import-Export Course.

Plus do not forget our Shamanic Mingo Tour where the guarantee is “Absolutely Nothing”! See