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RIEL Ren. Russia

0.00825
0.00 (0.00%)
26 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Ren. Russia LSE:RIEL London Ordinary Share GG00B5LVKC87 RED ORD NPV
  Price Change % Change Share Price Shares Traded Last Trade
  0.00 0.00% 0.00825 0.00 01:00:00
Bid Price Offer Price High Price Low Price Open Price
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
  -
Last Trade Time Trade Type Trade Size Trade Price Currency
- O 0 0.00825 USD

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Date Time Title Posts
05/12/201222:15Renaissance Russia Infrastructure Equities Ltd13

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Ren. Russia (RIEL) Top Chat Posts

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Posted at 01/9/2012 07:13 by jonwig
Russian equity valuations are made cheap by investors failing to separate Russian politics from company earnings, according to Franklin Templeton's Mark Mobius.

Investor uncertainty surrounding the presidential re-election of Vladimir Putin has made Russian stocks even cheaper, according to Mobius, who said he is now looking to buy Russian companies as a result.

'As value investors, this has meant we could pick up shares at bargain prices. We are looking for opportunities not only in the energy sector, but also in areas including consumer goods and services, and shipping,' the Singapore-based manager wrote in his most recent investor note.

'In our view, Russia appears to be one of the most attractive markets in emerging Europe from a valuation standpoint, with an average market price-earnings (P/E) ratio of about 5 in the first half of the year.'
Posted at 20/7/2012 07:13 by jonwig
With NAV of over 62c and most of the assets 'liquid' the share price ought to rise to 50c at least this morning.

75% of assets 'liquid' so transfer to Open fund - ie. 45c.
25% of assets 'illiquid' for disposal - say 50% discount, ie. 8c.
Ren. Russia share price data is direct from the London Stock Exchange

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