Jpmorgan Russian Securit... Share Discussion Threads

[loganair] 23/11/2022 19:22

At 61/38 the result was a lot closer then I thought it would be. I am also surprised that only 25.5% of share capital voted. I also surprised that only 20% of the share capital need to vote in order for the vote to be valid.

[loganair] 23/11/2022 19:16

To show how Russia is becoming les isolate both Aero Mexico and Philippine Airlines will soon resume their Moscow flight while Cathay Pacific will son resume both their Moscow and St Petersburg flights will at the same time will be able to use Russian airspace for their European flights.

By not being able to use Russian Airspace the likes of Lufthansa and BA require an extra 2 hours on their flights and 3 hours to Japan.

[totalgeek69] 23/11/2022 17:52

JEMA - sounds pretty.. I'm sure that'll be more investable...

[loganair] 23/11/2022 13:06

I understand today Russia has launched their second biggest missile/drone attack on Ukrainian infrastructure.

"The entire Kyiv region is now without electricity, according to governor Oleksiy Kuleba."

"The situation is even worse in the southern city of Kherson, from which Russia retreated nearly two weeks ago after months of occupation — cutting power and water lines."

T69 - Could be anytime from 6 months to a couple of years until JRS will be able to distribute dividends and be able to deal in the Russian stocks they hold.

[totalgeek69] 23/11/2022 11:35

I hope you are right. One thing is for sure until this moves to a place both sides are willing to call it quits JRS is not going to move far. Fine by me. My cash will be going down in most other investments or eaten by inflation.

[loganair] 23/11/2022 11:10

T69 - I totally agree with your posts except for one thing...it is the West and especially the United States, the Western military industrial complex and U.S. intelligence agencies that want to prolong the conflict in the Ukraine while Putin would like nothing more then for it to be ended as quickly and as soon as possible.

For over 10 years Putin has been asking for a new security frame work within Europe so Russia doesn't feel threatened by Europe and more so threatened by the United States.

[dcr17] 23/11/2022 10:17

You have very interesting thoughts. Never heard/thought/read anything like this. About purposely prolonging the war.

Though, of course, both of the points you mentioned have been the side effects of the war in reality.

[totalgeek69] 23/11/2022 09:53

2 main reasons mainly geopolitical. 1. Strengthing BRICS into defining an alternative to the dollar.2. Pushing the debt levels of Western economies to unprecedented levels.

[dcr17] 23/11/2022 09:50

Why do you believe he is "purposely prolonging the process". How does it benefit him?

[totalgeek69] 23/11/2022 09:31

Indeed, the outcome of this investment is inextricably linked to the wider topic. There will be very little change to the NAV or availability of frozen accounts in Russia without the special military operations coming to an end and the west accepting begrudgingly the new status quo with a negotiated settlement. I for one believe that Putin is purposely prolonging the process. So expecting a resolution anytime soon is not likely.

[loganair] 23/11/2022 09:25

The MOEX Russia index hovered above the flatline to approach the 2,200 level on Wednesday, holding the 1.3% increase from the last session as investors monitor the extent of measures against Russian energy exports from the European Union.

The EU is set to halt seaborne shipments to Europe and allow the use of European tankers and insurance services to Asia below a price cap, previously speculated to range at $40-$60 per barrel. Still, Russian authorities have pledged that no sales will be allowed for any country that complies with the cap, jeopardizing much-needed energy revenues for the state.

At the same time, the EU proposed a ceiling on natural gas prices at €275 for TTF contracts, well above current prices. Oil producers and gas giant Gazprom hovered close to the flatline, as restrictions were not deemed worse than expectations. The latter announced it could cut gas flows through its last remaining pipeline to Europe next week, citing storage disputes with Moldova.

[loganair] 23/11/2022 09:03

Glavey - I prefer to call what I'm posting is 'widening' the storyline or 'broadening' the storyline to give the storyline a better perspective, a bigger overall picture rather than just a narrow perspective.

[glavey] 23/11/2022 03:24

You keep deviating from the storyline Logan.

[loganair] 22/11/2022 21:05

Popit - I've answered your questions as best as I can 3 times.

[popit] 22/11/2022 18:34

loganair

I don’t understand why you are not replying to the messages and questions.

And you don’t actually believe that man has been to the moon yet do you? 😂

[totalgeek69] 22/11/2022 17:53

So according to this Moscow will spend a combined 9.4 trillion roubles ($155 billion) on defence and security. Meanwhile in the UK... Possibly £140 billion is going to be spent on the energy price cap. The UK borrowing rose to £13. 5 billion per month and our economy is expected to contract by 0.4pc.Not many winners here are there.. Of course fair negotiations will eventually take place once everyone is ready.If you believe fair is the withdrawal of Russia from all these areas including crimea then eventually will be a long way away. By this time the UK will be overwhelmed with debt.

[1917again] 22/11/2022 16:30

Russian oil price continues to fall to $64, price discount market demands increasing again

hxxps://www.neste.com/investors/market-data/crude-oil-prices#87f85259

[loganair] 22/11/2022 14:13

Most people in most countries are just trying to get on with their lives while the climbing the greasy pole greedy Politian's, intelligence agencies, big military, tech, pharma and bankers create all the mess and muck it up for the rest of us.

[totalgeek69] 22/11/2022 13:10

Well I agree that the Russian system is very different from ours in the UK. However the UK's system is not working too well for our country. Lobbyists and media moguls have destroyed the system. I for one am beyond caring anymore in our democracy so it isn't much different to a Russian citizen just getting on with their lives. At least Russia has decisions taken for long periods ahead rather than the idiocy of what we endure.

[loganair] 22/11/2022 13:10

Russia’s budget expenditures will total 29 trillion rubles ($477 bln) in 2023, 29.4 trillion rubles ($484 bln) in 2024, and 29.2 trillion rubles ($480 bln) in 2025, according to the draft document. Revenues will stand at 26.1 trillion rubles ($430 bln) in 2023, 27.2 trillion rubles ($448 bln) in 2024, and 27.9 trillion rubles ($459 bln) in 2025. Deficit in 2023 is projected at 2% of GDP (or around 3 trillion rubles), with mainly borrowings planned to be used to cover it. Meanwhile, it is expected that budget deficit will gradually decrease to 0.7% in 2025.

This budget is based on $80 oil this year and $65 in 2025 at a Rouble exchange rate of circa 70 to the USD during this time.

If the average price of oil is higher then the budget deficit will be lower or there maybe even no deficit at all.