Baring Emerging Europe Share Discussion Threads

[nephin] 21/9/2005 20:44

Stillbroke:

I'm new to this this share but I know exactly what you mean about Investment Trusts - have a look at the graph on MNE. I.Ts might be considered boring but they make money and more to the point they do not fall to bits overnight like many shares do.

Good Luck.

Nephin

[greenpastures] 19/9/2005 18:19

I was thinking the same thing over the weekend. Certainly about the only place I have made any real money the last few years is in my emerging markets investment trusts.

[stillbroke] 19/9/2005 12:16

Why do I bother with single company shares when some of my boring collectives are performing like this?

[midasmonkey] 06/7/2005 11:39

This has recoverd a lot in the last few weeks, anyone got a reason why, and where they expect it to go from here ?

[stillbroke] 15/5/2005 10:29

How the sun rose in the east on emerging Europe

A YEAR on from the accession of ten new countries to the European Union, Central and Eastern Europe could offer significant growth potential for the long-term investor.

Set against the background of a lower cost base, attractive equity valuations and the forthcoming European Monetary Union (EMU) membership of recent EU entrants, the outlook is compelling.

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Stuart Richards, manager of Baring Emerging Europe, said: "The strategic investment case remains strong. The weakness we're expecting in the US dollar should help support sentiment towards the Czech Republic, Hungary and Poland, as they're not implicitly linked to the dollar."

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Overall, emerging Europe is at the start of an lengthy upswing. Closing the economic gap with Western Europe could take some time.

"Catching up with GDP [gross domestic product] per capita will take another 20 to 30 years," said SWIP's Reynolds.

That, however, yields opportunity for long-term investors.

"Emerging Europe is a good way to increase diversification and give investors access to a high-growth region," added Monovski. "Despite short-term volatility, we believe the region has embarked on a multi-year re-rating process."

[mangal] 05/5/2005 10:36

Thanks mahamamsa, that's a very useful article !

[mahamamsa] 05/5/2005 09:08

'Eastern Europe eclipses the rest of the EU
The union's new entrants have seen their markets grow by up to 82% - but can the boom last? By Kathryn Cooper'

Quote from the article:

'Raj Shant, manager of the Newton Continental European fund, sold all his eastern European stocks six months ago. He said: "Admittedly it looks like I was six months too early, but it is better to be early than too late. While it is clear that accession countries are growing rapidly as they catch up with their counterparts in the West, I feel that there are echoes of the tech bubble."

Jonathan Garner, an emerging markets analyst at Credit Suisse First Boston, the investment bank, reduced the bank's stake in the Czech Republic, Hungary and Poland in February, warning that the markets had become more expensive than those in western Europe.

He said: "We are becoming increasingly cautious on central Europe and would not be surprised to see a sharp setback." '

[mangal] 05/5/2005 08:46

I'm looking to invest in a Eastern European fund for the long term. I like both EST, BEE & also the Jupiter UT. Any others? Any thoughts on which one to go for or invest equally in all?

[m.t.glass] 19/11/2004 08:44

But that was then ;o)

[m.t.glass] 10/5/2004 08:21

I picked an inauspicious time to mention this one ;o)
Looking better as a (H&S) short than a long this month.

[m.t.glass] 07/5/2004 08:23

In same sector see also Eastern European Trust (EST)

Spread on both typically 1% or less.

EST cap (at 235p) £18.5m, nms 3000, divi yield nil
BEE cap (at 535p) £231.7m. nms 2000, divi yield 0.37%


Five day comparison


Six month comparison


Two year comparison


Five year comparison


Longest comparison


If anyone is into 'pairs trading' these two look useful (ie whenever they diverge significantly, take a downbet on the higher one and an upbet at same stake on the lower one in expectation that they will reconverge. As long as they do so - at whatever level - a profit is assured if cashed in when they do so) (whatever was the price gap between the two bets, times the stake, minus the spread) . But do these two ever diverge by enough to bother?

[m.t.glass] 07/5/2004 08:19

6m
Baring Emerging Europe (BEE)
5 day with spread shaded

longterm



Top 10 Holdings at 31 July 2005

OTP (Hungary)
Lukoil (Russia)
Magyar Olaj & Gas (Hungary)
Cez (Czech Republic)
Polski Kon Naft (Poland)
TPSA (Poland)
Mobile Telesystems (Russia)
Richter Gedeon (Hungary)
Pekao (Poland)
Sberbank (Russia)

Geographic Breakdown at 31 July 2005

Russia 35.6%
Hungary 24.4%
Poland 19.2%
Turkey 12.2%
Czech Republic 8.2%
Cash & Equivalents 0.4%



See also (much smaller) Eastern European Trust (EST)
For Russia see also Hermitage Fund

For charts comparing BEE with EST see post No 1 below

[davidcod] 02/9/2003 08:40

have bee struck gold ??!!!!!!!!!!!!!
haven't seen them move up so suddenly

[wholden] 11/4/2002 06:45

nice chart

[easyramp] 04/2/2002 06:55

Found this over the w/e, possibly the best 2002 recovery company, check it out.

[owston] 31/1/2002 18:51

Is beeston in Hungary or Poland? or even a Russian satalite state?

[cautiousone] 20/1/2002 18:18

Thanks again to all for your time and efforts. With regard to what area I've been pointed in (and this might not be much help), it's around Rowland Road. I don't know if this is a main thoroughfare, it was just given to me as a landmark by someone who lived here a good many years back. Sorry to be awfully vague and uninformative, it's only tentative at the moment and this is extremely preliminary research.

Thanks once more for all your help.

[jaxaxe] 20/1/2002 11:01

Ive just sold 6000 sq ft in that area:Not because of crime - Im retired.AS pointed out the linkages from around ther are very very good.Get your self over and shop about threres plenty of good deals about - and haggle,theres a lot of property built and being built and the owners are all vying for the punters.Also look Dewsbury - tons of it there.Leeds city centre will cost you bundles but you can get a good deal in a three mile radius.Also plenty around Pontefract - sold a bit there too,since the pits went the authorities are giving discounts like their going out of fashion; Good luck,.....And as the other posters said "shout if you need help"

[chabro3] 20/1/2002 10:50

Like Nigek said the lower end of Dewsbury road is fairly rough but the top end is fairly decent as houses bring in the region of £90-100,000,as was posted earlier it depends what part of beeston you are looking at and what business you run,if it is a shop you are looking at (food etc) you may be better off looking elsewhere as it is saturated with them. but it does have good access and a highly populated area.

[nigek] 20/1/2002 10:40

depends which part of beeston?if its the top end of the park its not that bad.Bottem end is full of low lifes.

[cautiousone] 20/1/2002 09:16

Grateful thanks to Gary and Suzy - very much appreciated. I didn't expect any feedback at all, two great answers is more than I need to satisfy myself.

Best wishes - Tony.

[suzyzzz] 19/1/2002 21:30

You might be better off looking at Lowfields, Elland - not far from M62
or alternatively, Armitage Industrial Estate at Brighouse - also on M62

[redybrek] 19/1/2002 18:36

hi. i'm from birstall just outside leeds. beeston has a high crime rate, is run down and has a high element of people i would consider to be undesirable ( ie. drug addicts). in it's favour it is very close to the motorways. after saying all that some bits are better than others and there are a lot of businesses in beeston....can you narrow it down any. i have worked in and around leeds for 13 years now so i do have a fair idea of the place. let me know if you need any help. gary