Recent proposal buyout of Bear Stearns by JP Morgan at a "good value price" had shown that the management at JP Morgan at seeking good opportunity at adding to their shareholders values...
Despite also hit by subprime crisis, JP Morgan fullyear finanical result still post a very good result - profit of US$3.1 billions compared to most banking and finanical companies major losses due to huge write-down. Therefore this finanical company had shown to its shareholders that what it is capable of and having a excellent balance team of investment specialists and risk management specialists...
It's share price had climbed north despite the market turmoil... Time to spend some time analysis this gems for the longer term investment
Saturday, March 29, 2008
JP Morgan - One of the Investment Gems
