Jpmorgan Emerging Europe... Share Discussion Threads

[1917again] 05/3/2024 09:34

The Sergei Kotov joins the others on the Black sea seabed

Its getting rather crowded down there with the ex Russian Black Sea fleet

[loganair] 04/3/2024 11:31

The MOEX Russia index rose 0.95% to 3,295 on Monday, its highest level in two years, as the earnings season continued in the country and more companies were to disclose their dividend policy. Additionally, higher oil prices supported the shares of exporters after OPEC+ announced the extension of production cuts. All sectors traded in the green, except of construction.

Among individual stocks, Yandex (3.5%), Ozon (2.9%), Mechel (2.4%), and Aeroflot (2.2%) drove the gains.

In contrast, Ros Agro (-1%) and GLTR (0.6%) declined. The former reported that its net profit surged more than 7 times to RUB 48.7 billion in 2023 compared to the previous year. However, it decided not to distribute dividends.

[1998 crisis mk2] 03/3/2024 12:15

Logliar nkdp cpu bot fails basic KYC and is red flagged AML

Sanctions are working

[masergt] 02/3/2024 22:05

This is your Russia logliar. Rooting out dissenters and burying the evidence of mass murder and oppression.



"A large ‘clean-up operation’ is underway in Mariupol. Eleven police squads from St. Petersburg have arrived in the city to reinforce the unit of the Russian National Guard, which, in turn, has been subordinated to the FSB,” explained Andriushchenko.

The official predicts that Russian police will “shake up the entire city” and shoot fake videos with captured partisans to threaten Mariupol’s residents opposed to the Kremlin’s regime and improve the image of Moscow as a strong country."

[masergt] 02/3/2024 20:26

This is Putin's Russia, logliar.

"Thousands of people came today to pay their respects to Alexei Navalny - and they did so despite significant personal risks that may follow.

At least 400 people were detained just for laying flowers on the day of his death, 16 February. And we know for a fact that at least some of them later lost their jobs with a clear message that this was because of their political position.

We don't yet know what may follow for people who have come to the church and cemetery today, but mourners definitely needed some bravery to show up.

There's been a significant police presence today, with dozens of security personnel in uniform. But from my eight years' experience covering events like this, there could well be a few dozen more (at least) plain clothes officers closely monitoring the situation and taking pictures of those present.

Russian courts have labelled both Navalny and his organisation extremists, so any association with them can lead to serious trouble."

[masergt] 02/3/2024 20:24

LOGLIAR HAS COMPLETELY LOST THE PLOT.

His rants and raves are no longer even amusing clap trap. He is seriously disturbed.

Logliar. Have you stopped taking your medication? Are you a danger to yourself and those around you? For your own sake it's time you checked yourself in somewhere for residential care and months of professional help. Spend your money on that instead.

It's apparent that every time Putin suffers a humiliating downturn or criticism from within Russia's own borders then you throw a major wobbly and post non stop anti Western rhetoric whilst claiming everything in Russia is rosy.

Well it's not rosy. It's nation under siege by a cowardly genocidal megalomaniac. Despite threats of imprisonment and worse, Navalny's funeral drew over 10,000 protesters onto Moscow's streets chanting anti Putin and anti war slogans. Reports of hundreds being arrested are true. Your vision of rosy Russia and absolute denial of anything negative about Putin is proof of your insanity.

This was Moscow yesterday:

"I've been thinking about the extraordinary scenes I witnessed yesterday and about what they tell us - if anything - about Russia today.

Considering the current wave of repression against dissenting voices, it was unclear how many Russians would come out to say goodbye to the Kremlin's staunchest critic.

[Image caption. A steady stream of people laid flowers on Navalny's grave at Borisovskoye cemetery. In recent days hundreds of people had been detained by police across Russia at events commemorating Navalny.]

But, thousands came.

When I talked to people, young and old, queuing outside the church, they spoke of the hope Navalny had given them of a better, brighter future for their country.

They spoke in support of freedom, democracy, and peace.

Later, the crowds chanted the kind of slogans unheard on Russian streets since the invasion of Ukraine, such as "Freedom to Political Prisoners!" and "No to war!"

It struck me, here was a Russia who had been absent from public view for two years; a Russia which does not support Vladimir Putin, or the war in Ukraine, and wants to be a democratic country.

It stands in complete contrast to the Russia shown on state TV: Russia is rabidly anti-Western, pro-Putin, full-square behind the "special military operation" in Ukraine and embracing authoritarianism at home.

The question I'm left with is this: were yesterday's scenes the dying embers of liberal democracy in Russia, a "last hurrah" for freedom of expression before it is extinguished completely?

Those in power here may well believe so.

That's exactly what the Kremlin has sought to achieve by removing all serious rivals from the political stage.

What I saw on the streets of Moscow, on the day of Mr Navalny's funeral, was very different: a genuine outpouring of support for a politician who had inspired a section of the Russian public with an alternative vision for Russia.

Mr Navalny is dead. But for these people, their desire for a different Russia is very much alive."

[loganair] 02/3/2024 14:02

Glavey - Barclays demanded from my teen the following information:

1. Every school they attended since they first went to school at 2 years old.
2. All qualifications, GCSE's etc my teen passed while at school.

According to you Comrade Glavey, these are the current UK banking regulations that Barclays are just following.

What have these two question got to do with my teens banking? That at 2 years old they started their schooling at a Montessori school in London or that they passed this subject and that subject at GCSE???

No, no, these questions are all about extreme control of a person by a Stalinist regime in the Socialist Republic of the UK where all the population must now follow the dictates of the rulers and follow the party line.

[glavey] 02/3/2024 08:09

[2432]
All that tells one is that UK banks are applying the KYC / AML regulations whereas Russian banks wouldn't. The reasons being all to obvious to the extent that the validity of your post is negated. No case to answer.


[2435]
There are regions in Russia which have similar climatic situations where I am sure you would be welcomed, if you have the wherewithal.

[brwo349] 01/3/2024 14:04

Shooting Down 11 Jets In 11 Days, Ukraine Nudges The Russian Air Force Closer To Organizational Death-Spiral

Feb 29


The Russian air force lost another Sukhoi Su-34 fighter-bomber on Thursday, the Ukrainian air force claimed. If confirmed, the Thursday shoot-down would extend an unprecedented hot streak for Ukrainian air-defenses.

The Ukrainian claim they’ve shot down 11 Russian planes in 11 days: eight Su-34s, two Sukhoi Su-35 fighters and a rare Beriev A-50 radar plane.

But those 11 claimed losses are worse than they might seem for the increasingly stressed Russian air force. In theory, the air arm has plenty more planes. In practice, the service is dangerously close to collapse.

Exactly how the Ukrainians are shooting down so many jets is unclear. It’s possible the Ukrainian air force has assigned some of its American-made Patriot missile launchers to mobile air-defense groups that move quickly in close proximity to the 600-mile front line of Russia’s two-year wider war on Ukraine, ambushing Russian jets with 90-mile-range PAC-2 missiles then swiftly relocating to avoid counterattack.

But the distance at which the Ukrainians shot down that A-50 on Friday—120 miles or so—hints that a longer-range missile system was involved. Perhaps a Cold War-vintage S-200 that the Ukrainian air force pulled out of long-term storage.

It also is apparent the Ukrainians have moved some of their two-dozen or so 25-mile-range NASAMS surface-to-air missile batteries closer to the front line. After all, the Russians found—and destroyed with a missile—their first NASAMS launcher near the southern city of Zaporizhzhia on or before Monday.

It’s possible Russian forces’ own actions have contributed to the spike in aviation losses. After finally defeating, at incredible cost in people and equipment, the ammo-starved Ukrainian garrison in the ruins of Avdiivka in eastern Ukraine two weeks ago, the Russian army in Ukraine is advancing against other Ukrainian garrisons that also are running out of ammo—all thanks to Russia-aligned Republicans in the U.S. Congress, who have been blocking further U.S. aid to Ukraine since October.

Sensing an opportunity, the Russian air force is flying more sorties, closer to the front line, lobbing glide-bombs to suppress Ukrainian troops. “The enemy has overcome the fear of using aviation directly over the battlefield,” the Ukrainian Center for Defense Strategies explained, “and although this results in the loss of aircraft, their ground forces gain a significant firepower advantage.”

This surge in Russian sorties presents Ukrainian air-defenders with more targets. So of course they’re shooting down more Russian planes.

It helps the Ukrainian effort that Russian pilots increasingly are blind to Ukrainian missile-launches. The Russian air force once counted on its nine or so active A-50 radar planes—organized into three, three-plane “orbits” in the south, east and north—to extend sensor coverage across Ukraine.

In damaging one A-50 in a drone strike last year and shooting down two more A-50s this year, the Ukrainians have eliminated a third of this sensor coverage, and created blind spots where Russian pilots might struggle to spot approaching missiles.

In any event, the consequences of the Ukrainians’ recent kills, for the Russians, are dire. The Russian air force is losing warplanes far, far faster than it can afford to lose them. Russia’s sanctions-throttled aerospace industry is struggling to build more than a couple of dozen new planes a year.

Escalating losses, exacerbated by anemic plane-production, almost certainly are increasing the stress on the surviving planes and crews. The Russian air arm isn’t yet in an organizational death spiral. But it’s getting closer.

The numbers tell the story. The Russian air force has acquired 140 of the twin-engine, two-seat, supersonic Su-34s. Counting this year’s unconfirmed shoot-downs, the air force has lost 31 of the Su-34s.

But 109 Su-34s still is a lot of Su-34s, right?

Wrong, according to Michael Bohnert, an engineer with the RAND Corporation in California. Shoot-downs represent “only a portion of total losses” of Russian fighters, Bohnert wrote back in August. “Overuse of these aircraft is also costing Russia as the war drags on.”

“In a protracted war, where one force tries to exhaust the other, it's the total longevity of the military force that matters,” Bohnert added. “And that's where the VKS”—the Russian air force—“finds itself now.”

Bohnert assumed the air force went to war two years ago with around 900 fighters and attack planes and, in the first 18 months of fighting, lost around 100 of them to Ukrainian action. The problem for the Russians—besides the losses—is that the requirement for fighter and attack sorties hasn’t decreased even as the fighter and attack inventory has decreased.

So those 800 remaining planes are flying more frequently in order to handle taskings the Kremlin once assigned to 900 planes. And that means more wear and tear, deepening maintenance needs and a growing hunger for increasingly hard-to-find spare parts—imperatives that effectively remove airframes from the front-line force.

“The extra hours that it's pressed its aircraft into service since February 2022 have effectively cost [the air force] an additional 27 to 57 aircraft in imputed losses,” Bohnert calculated. And that was before Russian aircraft losses spiked starting in December, and Russian sortie-rates also spiked as the battle for Avdiivka culminated.

In other words, the imputed losses likely are even higher. They, combined with recent shoot-downs, could mean the Russian air force is down to 700 flyable fighters and attack jets. Two hundred fewer than it had two years ago.

To avoid even greater wear and tear and steeper imputed losses as the shoot-downs continue, the Russian air force soon could face a hard choice: fly less often, or risk a downward spiral in readiness.

All that is to say that, if Bohnert is right, the Russian air campaign in Ukraine is unsustainable. And it becomes even less sustainable with every additional jet the Ukrainians shoot down.

[loganair] 01/3/2024 11:37

The MOEX Russia index traded slightly up at 3,260 on Friday, showing mixed dynamics over the week, as investors held their breath ahead of dividends season. IT sector rebounded, while construction & transport posted the largest declines.

Among individual stocks, GLTR (-3.4%), Raspadskaya (-2.6%), Samolet (-1.7%), and Polyus (-0.8%) were the main laggards. Raspadskaya shares were penalized by disapponting financial results, the decision not to distribute dividends in 2023, and the implemented duty on coal exports.

On the other hand, NLMK (2%), Yandex (1.9%), Positive Group (1.8%), Ozon (1.6%), and VTB (1.4%) advanced, with the latter benefiting from news about the potential resumption of dividend payments in 2024 instead of 2025. Also, VK added 1% after educational platform Skillbox (part of the VK holding) announced consideration holding an IPO.

Weekly, the index was set to end 0.5% higher.

[1998 crisis mk2] 01/3/2024 09:29

logliar wont need a lift as will have a free bus pass

[dil 21] 29/2/2024 23:39

Need a lift to the airport Log ?

Just ask.

[loganair] 29/2/2024 20:12

I'm buying the plot of land where I'm buying it because as I get older my body functions less well in high variations of temperature or either high or low temperatures.

If I could by in Russia with the same climatic conditions I would do so.

Also I think it important to have a foot in both camps. As I posted before, slowly I'm pulling out of the UK, with great sadness pulling out of the country of my birth due to the ever decreasing freedoms we now have in the UK - therefore my actions are speaking the same as my words.

[redhorse2020] 29/2/2024 20:06

Log, surely this begs the question as to why you are buying land in a western democracy rather than Putin's Russia? And indeed why you live here and not in Russia? Actions speak louder than words Log.

[neilyb675] 29/2/2024 19:14

The speech lasted a record two hours and was attended by all senior politicians, the CEOs of oil and gas firms Rosneft and Gazprom, as well as religious leaders of all denominations.

It was broadcast on giant screens across Moscow, and several cinemas in Russian cities reportedly screened it free of charge.

As expected, there was no mention of the death of Alexei Navalny, the opposition leader who died in a Siberian penal colony two weeks ago and who many saw as President Putin's greatest opponent.

Navalny, who will be buried in Moscow on Friday, died under circumstances yet to be fully established on 16 February. His widow Yulia has insisted that President Putin was responsible.

[loganair] 29/2/2024 19:05

The West is also not a Democracy except for maybe Switzerland.

It is the West and Europeans that are victims of the ever increasing oppression of their governments while Russians are becoming increasingly freer.

In my experience at the moment, the UK is one of the least free countries I know and financially is by far the least free, far less free then Russia is.


Over the past year my teen has been buying gold Sovereigns from one of the most well known bullion dealers in the UK. Last month Barclays froze their account asking the following to have the account unfrozen, plus other highly personal questions.

1. Where did they go to school.
2. What qualifications did they get at school.
3. A part from the UK, what other countries hold significance for them.
4. What is the current value of their bullion holdings and where is it stored.

As my teen has refused to answer such personal questions Barclays closed their bank account.

These questions would not be asked in a democratic country and definitely would not be asked by a Russian bank.

As for me, I have signed a contract to buy a plot of land in Portugal, I have known the estate agent for 2 years, have seen the plot several times, local solicitor has drawn up a contract which I signed and everything is going through legally.

I popped into the bank in the UK, not Barclays, to send the deposit. One hour later a person from the bank phoned me, then an extreme interrogation as to why I was buying the land, asking me personal questions about the solicitor, the estate agent which is one of the biggest in Portugal etc.

Even though everything is fully above board on both sides and everything is being done legally, the bank said they would not allow the funds to be sent as it was too high risk for them to do so, the bank has therefore taken away my financial freedom to do what I wish with my own money.

In both cases, both UK banks were acting like Stalinist tyrannical dictators.

[redhorse2020] 29/2/2024 18:34

Log, why do you always generalise about Russia and Russians? Unlike the 'west' that you seem to hate so much, Russia is not a democracy and therefore Putin does not represent Russian people as a whole. In fact the Russian people are also victims of the current oppression and certainly not my enemy.

[1998 crisis mk2] 29/2/2024 18:13

As expected the north korean cpu is even worse than the previous MSCT cpu

[loganair] 29/2/2024 16:39

Most posters represent the view that the Russians are the Wests evil enemies to be destroyed while I represent the opposing view that the West and Russia should negotiate and try to live in harmony otherwise there'll be the most terrible war.

The West and Russia can live together on this planet in peace, is also better economically for all of us.

There are too many posters on ADVFN who are petty and cruel with their name calling and toxic personal comments of other posters who just have an alternate or opposing view.

[loganair] 29/2/2024 11:01

The MOEX Russia index rose 0.5% 3,245 on Thursday, extending its gains for the second session, as investors awaited more corporate results and eyed the speech of the country's President Putin.

Today Polus will be presenting its financial statements for 2023 and Raspadskaya will be holding the meeting of Board members to decide on dividends. Among sectors, construction and transport posted solid increases, while IT declined.

As for individual stocks, Samolet (3.3%), Inter (2.1%), Polymetal (1.9%), and GLTR (1.1%) were the best performers. The former reported a 15.7% growth in its net profit yoy in 2023.

On the negative side, PIK (-1.2%), Rostelecom (-0.7%), Rosseti (-0.7%), and Ros Agro (-0.6%) dropped. Also, Novatek traded in the red, as the launch of Arctic LNG-2 project was in jeopardy due to sanctions on LNG tankers.

[dil 21] 28/2/2024 21:45

Yeah I heard that too log … and UK was going to take back control of the US , Canada , Australia , India and a host of other countries.