Jpmorgan Emerging Europe... Share Discussion Threads

[redhorse2020] 30/5/2024 21:23

Perhaps those posters prefer to focus on matters more closely related to JEMA given that is supposed to be the focus of this forumThat said, I will admit to being slightly interested in this very generous Russian state pension. Perhaps you could remind us how much it actually is and how much it is rising to Log? Also how many times lower it is than even the UK state pension.

[loganair] 30/5/2024 20:01

Only around $6bln of Russian assets are actually held in the United States, the vast majority are held in Euroclear and if Euroclear seize any Russian assets???

Euroclear has an office in Hong Kong and Russia can sue the Euroclear office in Hong Kong for the circa $200bln of Russian assets they hold + damages and we all know which way Hong Kong will judge for...

[dil 21] 30/5/2024 19:26

He forgot to mention the average life expectancy is 73 so no big deal.

[loganair] 30/5/2024 19:09

Russia's economy is doing so badly under Western sanctions???


At the end of June pensions for people 80 years and above are going up by 75%...could Russia afford to do this if their economy was on its knees as according to the West it is.

[1917again] 30/5/2024 17:09

Mechta joins Moskva on the seabed with the ferry Conroe Trader and Avangard badly damaged in Crimea during yesterdays attack

[loganair] 30/5/2024 08:11

So many posters on this thread deride Putin and Russia...what about Israel and their ethnic cleansing of Gaza as they want to form a Greater Israel....rather sounds like Germany in the 1930's.

As for Gaza itself, since 2005 Israel has turned the area into a 1940's Warsaw ghetto.

[loganair] 29/5/2024 13:10

JEMA holds 169,819 Yandex NV stock:

Trading in Yandex NV Class A shares currently remains halted on Nasdaq as it has done since March 2022. Although we can provide no assurance, we are hopeful that trading may resume following the successful completion of the divestment. We have applied to terminate the listing of our Class A shares on the Moscow Exchange, which will become effective on July 10, 2024.

Following the sale, YNV intends to retain a portion of the net cash consideration (after adjustments, applicable taxes and other expenses) to finance the development of the retained international businesses. YNV expects ultimately to return a significant proportion of the remaining net proceeds to our remaining shareholders, likely through a share repurchase offer. Any decision regarding the timing and amount of such a return of capital to shareholders will be made following the second closing and after the initial claims period under the purchase agreement, likely towards the end of the year.

[masergt] 27/5/2024 20:01

[...]

"French Troops Coming to Ukraine, Syrsky Announces
Ukraine’s top general, Oleksandr Syrsky said an agreement has been signed in which France will prepare to send military instructors to train Ukrainian troops directly on Ukrainian territory." by Kyiv Post | May 27, 2024, 7:56 pm

Hmmm....

[masergt] 27/5/2024 19:57

Forget rouble terms - it's tanked. And neither India nor China are actually paying cash for their imports. Desperate times for Russia. Putin killed the golden goose.

[loganair] 27/5/2024 17:29

Russian gas revenues are down some 50% since the start of the conflict with the Ukraine, however their oil revenues are up by around 1/3rd.

In roubles terms, Russia's combined oil and gas revenues are some 25% higher in March 2024 compared to January 2022, a month before the conflict with the Ukraine.

[loganair] 27/5/2024 16:08

Western politicians, especially those from the United States do not put the welfare of their struggling people above their own petty power and wealth and they are willing to sacrifice the lives of everyone on this plant for their wealth.

Monopoly = control whereas free trade is mutually beneficial to all sides and the people of this plant will prosper.

Just think, both Labour and the Conservative in the 4 July general election are willing to sacrifice the ordinary struggling people of Britain to maintain their petty power in the case of the Conservatives or to gain petty power in the case of Labour.

Toxic to the welfare of people are:

1. Rising Taxes.
2. Rising Regulation.
3. Rising Energy Costs - Europe having to buy expensive LNG from the United States instead of Cheap gas from Russia.
4. Mandates on everything from Green energy to Diversity - which is only a thing of the West and not the rest of the world.

All these do is to drive factories either out of business or to relocate to countries such as China, leading workers in the West with less productive and poorer paying jobs.

What the West desperately needs is:

1. Light Taxation.
2. Small government.
3. Sound Stable money.
4. Smart Light Regulations.
5. FREE TRADE.

[loganair] 27/5/2024 12:28

Russia's MOEX index declined to 3350 towards the end of May, slipping from 3503 in mid-May, which was the highest since before the Ukraine invasion.

The downturn followed Gazprom's announcement of a $6.8 billion loss for 2023, its first since 1999, attributed to reduced gas sales to Europe. Prompted by this, the Russian government directed the state-run gas giant to forgo dividends for the year, sending its shares to levels not seen since 2018.

Novatek, Russia's second-largest gas producer, also saw a drop in stock value, hitting one-year lows with a 22% decrease in 2023 dividends compared to 2022.

Despite this, domestic retail and foreign investors who still have access to Russian markets, have been instrumental in bolstering the stock market over the past two years, providing much-needed capital for Russian firms seeking investment opportunities.

[masergt] 25/5/2024 12:41

[...]

"Hello ‘Liutiy’ UAV – Goodbye Russian Oil Refineries".

[masergt] 25/5/2024 12:40

And despite even the guy who came up with the acronym saying it's doomed, will never have a single currency, never replace the dollar you're still banging on about BRICS??

You're becoming more desperate and pathetic, logliar. Try this reality for size:

[...]

"Five Major Factors Why Russia’s Economy Is Verging on Chaos"

"...[the] numbers that indicate Russia is headed for an economic trainwreck."

[1917again] 24/5/2024 15:45

logliar pip bot having a complete meltdown, always a great sign things are going badly for Russia

[loganair] 24/5/2024 15:23

The Untied States elites and politicians fear Russia as a challenge to their authority so they teach the rest of the West to hate Russia.

The United States elites have a persecution mania so they get the people of the West to persecute Russia.

It's become a religion amongst the Western elites and politian's to get rid of Russia even if this means sacrificing the ordinary people of the West.

[loganair] 24/5/2024 10:41

Russia's MOEX stock index declined to 3405 towards the end of May, slipping from 3503 in mid-May, which was the highest since before the Ukraine invasion.

The downturn followed Gazprom's announcement of a $6.8 billion loss for 2023, its first since 1999, attributed to reduced gas sales to Europe. Prompted by this, the Russian government directed the state-run gas giant to forgo dividends for the year, sending its shares to levels not seen since 2018.

Novatek, Russia's second-largest gas producer, also saw a drop in stock value, hitting one-year lows with a 22% decrease in 2023 dividends compared to 2022.

Despite this, domestic retail and foreign investors who still have access to Russian markets, have been instrumental in bolstering the stock market over the past two years, providing much-needed capital for Russian firms seeking investment opportunities.

[loganair] 24/5/2024 09:14

In Spring 2022 when the conflict first erupted I posted that JRS account was being transferred into a Custodian 'S' account and not a 'C' account - I think it's funny how certain posters and they know who they are called me a liar that there was no such thing as a Custodian 'S' account and that JRS had a 'C' account and these very same posters still continually and toxically call my on the whole factual truths as lies as it seems to me these posers do not like and do not want to hear the truth when it comes to Russia, NATO, Europe and especially the United States.

[neilyb675] 24/5/2024 06:33

Russian Court Oder - update



Following the announcements made on 25th April and 3rd May 2024, the Board announces that the Company's Manager has today informed the Board of the following (in italics):



"Following a Russian court hearing on 22nd May 2024, it has now been confirmed that JEMA's assets (both securities and funds) held in S accounts in the name of JPMorgan Bank International (JPMorgan's Russian subsidiary) are not subject to the previously mentioned freezing order and the civil proceedings being brought by VTB in the Russian courts, which were commenced on 17th April 2024. We will continue to monitor the proceedings and update you on relevant developments."

[brwo349] 23/5/2024 18:10

Vladimir Putin humiliated as Ukraine downs six Russian jets and army loses 10,000 soldiers
Story by Rebecca Robinson 23/05/24

Russia has been dealt another heavy blow as Ukrainian forces take out six jets and a staggering 10,000 of Vladimir Putin's troops in eight days.

Various types of aircraft have seen devastating losses since May 14, including the MiG-31 interceptor jet and the subsonic attack jet Su-25, according to Ukrainian armed forces.

Last weekend, Ukraine's security service the SBU revealed a Russian Su-27 had been damaged during an attack on an air base in Kushchyovskaya.

Also over the weekend, Ukraine's 110th Separate Mechanised Brigade claimed to have shot down a Su-25 while battling on the eastern front.

Then on Wednesday, Ukraine's General Staff said a Russian Su-25 jet had been destroyed in fighting close to the Donetsk city of Pokrovsk.