Jpmorgan Emerging Europe... Share Discussion Threads

[smithie6] 11/11/2024 12:11

well, Trump, one of his nicknames is "Manboy".

if you want to beat your chest & shout that you are the autocratic dominate alpha male, rather than be a leader of a coordinated team

just go behind the backs of the other key ppl in your team in the Russia-West conflict (Zelensky)

----

Trump as a the leader of the USA, what a disaster. Sadly it shows the low level of the mass of many USA voters, yes, coupled with the failure of the opposition party to do anything about illegal immigration ....ppl voted for action on illegal immigration (same as in Europe, but the left refuses (so far) to listen to those ppl so the left loses voters to the right wing).

[loganair] 11/11/2024 11:24

Yesterday Trump called Putin to have a conversation about the conflict in Ukraine.

After the phone call the U.S. notified Zekensky of the phone call.

It seems to me important how Zekensky wasn’t included in the conversation, he was just notified that Trump had had discussions with Putin.

[1917again] 10/11/2024 22:21

Boom times for Russian grave diggers

Russia Suffers Worst Month for Casualties in Ukraine – U.K. Defense Chief
By AFP
11 hours ago
Vasily Kuzmichenok / Moskva News Agency
Russian troops recently suffered their worst month for casualties since the country's war with Ukraine began almost three years ago, the head of Britain's armed forces said on Sunday.

An average of around 1,500 Russian soldiers were killed or injured per day in October, U.K. Chief of the Defense Staff Tony Radakin told the BBC.

Russia does not reveal the number of its war dead, but Radakin said last month's toll was the heaviest since Moscow launched the full-scale invasion of its neighbor in February 2022.

"Russia is about to suffer 700,000 people killed or wounded — the enormous pain and suffering that the Russian nation is having to bear because of [President Vladimir] Putin's ambition," he added.

[1917again] 10/11/2024 22:17

Boom times for Russian grave diggers

Russia Suffers Worst Month for Casualties in Ukraine – U.K. Defense Chief
By AFP
11 hours ago
Vasily Kuzmichenok / Moskva News Agency
Russian troops recently suffered their worst month for casualties since the country's war with Ukraine began almost three years ago, the head of Britain's armed forces said on Sunday.

An average of around 1,500 Russian soldiers were killed or injured per day in October, U.K. Chief of the Defense Staff Tony Radakin told the BBC.

Russia does not reveal the number of its war dead, but Radakin said last month's toll was the heaviest since Moscow launched the full-scale invasion of its neighbor in February 2022.

"Russia is about to suffer 700,000 people killed or wounded — the enormous pain and suffering that the Russian nation is having to bear because of [President Vladimir] Putin's ambition," he added.

[bitgold] 10/11/2024 19:30

Been holding this trust for years and added a lot more since 2022. If you look, you might even see a comment or two from way back. Of course, the rise prompted me to pop in and take a look. Why shouldn't it?

Aside from a couple of sensible posters, it seems to be riddled with rabid hatred. I don't want to see people die in unnecessary wars, I'd prefer peaceful trade and yes, I speak from first hand experience that Russia is / was on the up prior to this event. Is Putin great? I don't know, but seems to me that several of you base your whole Russia / ukraine thesis on what the BBC and government tells you or 60s spy films.

[masergt1] 10/11/2024 17:07

#2925. So bitgold turns up out of nowhere and agrees with everything logliar says. Probably saw share price rise and followed the money with no research then accuses us of cognitive dissonance. So Modi and Putin did a deal? Modi's basically stealing it at those prices just like China. It's costing Russia a fortune.

Gawd save us from ignorant newbie freeloaders like this.

[loganair] 10/11/2024 14:05

Does the Citywire Nav of £4.54 include the circa 50p per share in JEMAs Russian “S” account?

[bitgold] 10/11/2024 13:35

As I said, ruffled feathers. Amazing the level of cognitive dissonance, in the UK you can go to prison for twitter posts that later turn out to be 100% correct.

Good article spot, wskill. Let's hope for peace, no more unnecessary deaths and a return to cheap raw materials once more.

Meanwhile, I see India is now the biggest exporter of oil to the EU, despite not producing any oil. I wonder where they are getting it from?

[wskill] 10/11/2024 13:21

Article on city wire today NAV is £4.54 may still be a bargain according to them.

Which will be at present exchange rates if sanctions are lifted then exchange rates will be more favourable to JEMA holders.

[bitgold] 10/11/2024 10:38

Agree with you on all of that, Loganair, although it seems to ruffle a few feathers on this thread. I travelled to Russia extensively for work and even took in the 2018 world cup. What I saw was a country on the up, making major economic progress and that simply could not be allowed to happen. Just like 1914.

The West has now resorted to theft, both of our own savings in JEMA and also of Russian capital. Alex Krainer has an interesting viewpoint that UK banks are the most exposed to Ukraine, although those loans are ultimately guaranteed by the British taxpayer. No surprise then Boris Johnson flew over in 2022 to prevent peace happening. Someone has a lot of blood on their hands.

[loganair] 09/11/2024 20:03

In 1993 Chancellor Kohl of Germany said Europe's future is with Russia which the United States could never let happen so they got ride of Helmut Kohl from being the Chancellor.

When Putin first became President of Russia he offered Europe a Single Security System from Lisbon to Vladivostock and full economic cooperation with Europe which again the United States could never let happen as it would mean a loss of power for the U.S. so therefore the United States had to Divide Europe from Russia. Putin said just the other day that this offer is still open with Europe.

Since the end of WW2, basically Europe has been and still is a colony of the United States.

When it comes to the Minsk agreement, the West has publicly said Russia you've been Fooled, Russia you've been Lied to, Russia you've been Deceived therefore Putin said just a couple of days ago how can Russia ever trust the West again.

[1917again] 09/11/2024 13:37

US moves towards weapons free, at last

The Biden administration has lifted a de facto ban on American military contractors deploying to Ukraine to help the country’s military maintain and repair US-provided weapons systems, particularly F16 fighter jets and Patriot air defense systems, an official with direct knowledge of the plan told CNN.

[loganair] 08/11/2024 13:10

I hope JEMA don’t sell their Russian holdings as many are in first class companies paying good dividends.

As rightly pointed out the drop in the 100% Nav price from £10 to £5 is entirely due to the exchange rate. Hopefully when the conflict is over and things start to return to some sort of normalisation the rouble will strengthen against the GBP pushing up the Nav by a further couple of pounds.

[bert_e] 08/11/2024 09:29

So if the underlying NAV is around £5 and likely to rise if the war ends and sanctions removed (a lot of the drop from £10 is just FX weakness which can easily reverse) what do we think could be sensible steps as this comes to an end?

£2+ after the announcement of some kind of peace deal then £3-4 once sanctions removed? Then dependent on the underlying NAV and what levels JPM start to divest at (assuming they don't just hold).

[loganair] 07/11/2024 19:32

If Trump lifts sanctions on Russia’s financial sector in all likelihood Russia in turn will unfreeze ‘S’ accounts etc and JEMA will also be able to start to trade their Russian stocks.

[robizm] 07/11/2024 19:19

Log net assets means assets you actually have control of. You cant value cash in an account you have no access to or shares you cannot sell.

[loganair] 07/11/2024 16:50

I’ve been hearing, when the conflict with Ukraine ends one of the first things Trump wants to do is to lift sanctions against Russia in the financial sector.

This may mean JEMAs Russian stocks being valued at 100% of Nav compared to the approximate 1% they are today. May also mean cash held in JEMAs ‘S’ account also being valued at 100% compared to the Zero value its currently given by JEMA.

Depending on the exchange rate at the time the cash held in JEMAs ‘S’ account is worth between 50p & 70p per share.

[gbjbaanb] 06/11/2024 13:24

And what does the market think of Trump? That he'll end the war, we see a 17% rise today and he hasn't even had Biden realise he lost.Expect further rises.

[masergt1] 05/11/2024 18:21

Geez. "...sane heads stopping the funding to keep the death to going, then songs will ultimately end." WTF is all that about?

Johnson, Biden, Minsk .... Yet another naive misinformed voice - and such people are today voting for a new world leader! Whatever happened to balanced and accurate education? Whatever happened to common sense? Will no-one learn from the mistakes of even recent history? Putin will not stop until he's stopped. End of debate. Sorted.