Jim Rogers Prefers China, Sri Lanka to India for Investment ......

Thanks to my beloved friend, Jigs who has his own blog as well.He keeps on sending me link that I would like to read.This is because of Jigs that I am able to post this view of Jim Rogers here.
Well, as my friend disagree with Jim Rogers view so am I.
Well, we all know that Jim Rogers likes China the most and he is bullish since last 5-6 yrs and have invested billions in there.
I can understand his love for China as it is now a big economy and roaring too but I am unable to understand his Love for SriLanka and Myanmar?
Can there be any comparision between India and SriLanka and Myanmar(Old Burma)?
The intelluctual property India is possessing and the other two are possessing?Seems Jim Rogers has a disliking for India and that will remain for ever.
He is never going to say that India is an investment destination.I don't think he will ever say.
But let me be clear that , by Dec 2009 many investors Viz: HNI's, Leading players(RD and likes), many MF managers,FII's and small and big individual investor are going to curse the decision not buying anything at this throw away price or they sold the stocks at very small profit.
I am feeling handicapped as I wants to buy in the market but have no money to buy.I am seeing a very unprecedented bull market unfolding in 2010 and in that as I have written here many times that chances of crossing 21k is very very bright. As usual I may prove wrong and as RJ use to say, I reserve the right to be wrong.......but I feel that these type of chances do not come in even 2-3 decade.I have never seen such prices in my life deteriotating to just peanuts so fast.
Smart people says that there is no fundamental change in our economy so that we can go up by 50% and hence the stocks doubles or appreciate by 50% , they are selling.But what I need to say to them is the prices were battered so much down that even it has double is making no sense.



Jim Rogers Prefers China, Sri Lanka to India for Investment
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By Chen Shiyin
May 21 (Bloomberg) -- China and Sri Lanka are better investment opportunities than India even after the Congress party’s biggest election victory in two decades, investor Jim Rogers said.
India’s benchmark Sensitive Index, or Sensex, jumped a record 17 percent on May 18, causing a trading halt, on speculation Prime Minister Manmohan Singh’s victory will enable him to accelerate economic reforms.
“I’ve heard the same thing for the last 30 years,” Rogers told an Economist Conferences forum in Singapore today, saying he’s skeptical of Singh’s pledges. Still, India will be “the next great investment” if Singh sticks to his commitments, Rogers said.
This week’s gains drove the Sensex to a 42 percent advance for 2009 to date, in line with the Shanghai Composite Index’s 43 percent climb on optimism China’s 4 trillion yuan ($586 billion) stimulus plan will bolster the economy. Sri Lanka’s Colombo All- Share Index jumped to a seven-month high today as the central bank raised its forecast for economic growth following the end of a 26-year civil war.
“You’ve got the wind in your face doing business in India, you’ve got the wind in your back in China,” Rogers said, adding that he sees “great, cheap” opportunities in Sri Lanka because of “dramatic” changes in the country after the end of the war.
Rogers is chairman of Singapore-based Rogers Holdings and the author of “A Bull in China: Investing Profitably in the World’s Greatest Market.”
India’s gross domestic product growth may weaken to 6 percent in the year that started April 1, the slowest pace since 2003, the central bank said last month. China’s economy expanded 6.1 percent in the first quarter, the slowest pace in almost a decade, though manufacturing expanded in March and April, with the Purchasing Managers’ Index rising to 53.5 last month.
Face, Back
India’s ruling coalition said in its pre-election manifesto it will add between 12,000 and 15,000 megawatts of power generating capacity each year in its five-year term. The targets are ambitious considering India added only 9,263 megawatts of new capacity during the fiscal year ended March 31, 2008, and less than half that in the same period a year later.
Sri Lanka’s central bank said today the economy may grow between 4 percent and 5 percent, compared with an April forecast of 2.5 percent. The benchmark index has jumped 12 percent this week, taking its gains this year to 43 percent, the eighth-best performer globally, after the military said it killed the Liberation Tigers of Tamil Eelam leader Velupillai Prabhakaran.
Myanmar also offers “enormous” potential for investors, Rogers said, given the country’s location next to India and China and its natural resources. He said he doesn’t currently have any investments in Myanmar.
Rogers said on May 12 he may bet on a slide in equities after nine weeks of gains, in a Bloomberg Television interview. The MSCI World Index has since lost 0.6 percent.