Jpmorgan Russian Securit... Share Discussion Threads

[amaretto1] 19/3/2022 18:31

My friend in Russia at BP No visible difference to work practices....Very difficult to just pull out .. on a safety side and technical...Chinease Money and Middle East money can park it were they want !!!And they will do .... the west wants to sell these valuable assets... believe me buyers are waiting for value !!Maybe half price ... but so what

[amaretto1] 19/3/2022 18:26

Correct ..... They have valued Gas prom and luckoil at virtually nothing!! Gas prom for example was trading at 10 dollars.. it's unbelievable....

[loganair] 19/3/2022 18:23

When investing more of my capital into JRS, I asked myself Two questions:

1. Why are the 3 largest share holders in JRS, all of which are Western Asset managers, selling out of the Trust?

It seems to me all they are doing is to sell at any price just to follow the party line.


2. Are the Value of JRS current assets worth 90% less then they were a few months ago?

I doubt it very much. Trying to be fair, lets say the value of JRS assets are down 50% with the share price down 90%. This means there is a high likelihood in the future that JRS share price will rebound to circa 400p as this is most probably the true value of the assets held by JRS.

[loganair] 19/3/2022 16:48

Daily, the EU is still buying €600mln of oil and gas from Russia.

[loganair] 19/3/2022 16:25

First the CBR wants to see how Bond trading goes and will wait for it to settle down before they allow shares to be traded.

[amaretto1] 19/3/2022 16:24

Are u long here ? It's very confusing your flip flop attitude

[replicas1967] 19/3/2022 16:14

Logan
Any idea when the stock market will trade again ?

[loganair] 19/3/2022 16:12

Analysts have criticized the Russian government for not announcing a significant stimulus package to help support the economy. The latest initiatives outlined by the government focus on tax breaks, credit holidays and cheap loans — similar to the measures adopted during the coronavirus pandemic.

Nabiullina warned the government against the introduction of more restrictive measures, such as price controls.

“There are sufficient amounts of staple foods in reserve, and production is increasing. Once this period of high demand passes, prices for these goods might even start to come down,” she said Friday.

“It’s important not to introduce price controls. They are an artificial measure that won’t address deficits. Administrative measures will slow down the economy’s adaptation to the new conditions.”

[loganair] 19/3/2022 16:07

“In the first minutes after trading is opened, after so many days of downtime, a lot of buy and sell applications will be coming into the market,” Vasiliy Karpynin, head of analytics at ​​BKS Investments, a Moscow-based brokerage.

“Foreigners accounted for about 48% of the turnover in stocks and bond trading in 2021. After the lifting of restrictions ... there may be a flood of sellers,” he added.

Many large Western investment funds have already announced plans to divest all Russian assets, while others have already written off huge losses and will be prepared to sell at any price.


Trading in equities of Russian companies — expected to be the most volatile part of the market — will not resume on Monday, the Central Bank said.

The Russian government has proposed blocking foreigners from selling Russian shares once trading does restart in order to protect Russians.

It has also set aside up to 1 trillion rubles ($10 billion) to buy Russian shares when the market reopens in order to avoid the worst of a massive sell-off. Loko Invest's Polevoy says that money comes from Russia’s national welfare fund.

Middle-class Russians have flooded into the stock market in recent years, boosted by relaxed legislation, low commissions and mobile brokerages. Many had already booked heavy losses in the market sell-offs before Moscow invaded Ukraine — and are now braced for further write-downs once trading eventually restarts.

[loganair] 19/3/2022 15:27

a1 - Nabiullina wasn't really reinstated and my acquaintance only confirmed to me late last night that she was still in place.

[amaretto1] 19/3/2022 15:21

They are going to take the candy off the children !

[amaretto1] 19/3/2022 15:20

Well that's a big U turn isn't it !!U kept the reinstatement quiet ...I've a strong feeling.... money is going to pour in to Moscow...From the Middle East and China etc

[loganair] 19/3/2022 15:16

Nabiullina had a bit of an argument with Putin, told him what is exactly what, and it was being reported that she had put in her resignation.

I understand from my acquaintances in Russia that Putin would not accept her resignation so she has decided to stay as the Governor of the CBR.

[amaretto1] 19/3/2022 15:11

Thought she'd left ? Posted by you

[loganair] 19/3/2022 15:07

Russia’s stock market to gradually resume trading on Monday: Central bank governor:


Russia’s stock market will gradually resume trading on Monday after three weeks of suspending most transactions, the country’s central bank governor said on Friday.

The stock section of the Moscow Exchange (MOEX) will restart trading in federal government bonds, Elvira Nabiullina said.

"To prevent excessive volatility and ensure a balanced liquidity position in this segment at the stage of the reopening, the Bank of Russia will purchase federal government bonds," Nabiullina said.

"These purchases will be made in the amounts needed to prevent risks to financial stability," she added.

Nabiullina said the central bank plans to sell the entire portfolio of these bonds in order to neutralize the impact on monetary policy after financial markets stabilizes.

[quepassa] 19/3/2022 13:56

Square Root,

Can you please provide the source and a link for that information.

I can see some press reports are saying that government bonds will apparently re-start trading next week but I have not been able to verify that this is also the case for stocks.

Thank you.

ALL IMO. DYOR.
QP

[markus1970] 19/3/2022 13:30

That might be interesting as the Russian market will be able to trade the 27 stocks the LSE suspended. Could have been a good investment opportunity for JRS if they were able to take advantage of it, with the ruble being so low against just about every other currency.

[square root] 19/3/2022 11:00

The Moscow stock market reopens on Monday. So we will get a more realistic nav sometime on Tuesday.

[amaretto1] 19/3/2022 08:11

Just to add .... the war in Ukraine has stopped !!!Yes stopped ..... So please let me know your thoughts on last nights events ??

[amaretto1] 19/3/2022 07:31

Instulations !

[amaretto1] 19/3/2022 07:30

Regards BP oil insulation's

[amaretto1] 19/3/2022 07:30

I know this because my friends out in Russia..... he's seen no Change at all

[amaretto1] 19/3/2022 07:29

Keep watching Sky and BBC News !!!Then heat yourself with Russian gas .... Do you know how much the USA are on the hook with Russian business??What's being portrayed is far far from the truth .....U name dropping all these names ... backed up by what exactly???Who's buying the stakes ....BP personal are still working in Russia