Jpmorgan Russian Securit... Share Discussion Threads

[1liam] 24/3/2022 08:09

Watch out guys Amaretto and TigerByTheTail are one and the same. Otherwise known as the loser Purchaseatthetop.

[amaretto1] 24/3/2022 08:07

Calm down !!

[loganair] 24/3/2022 08:06

The 3 notifiable share holders in JRS are still wanting to sell out at any price and have been selling circa 600k shares per day has been putting downward pressure on the JRS share price.

[amaretto1] 24/3/2022 07:56

Exactly .... Cayman.... Dubai.... Hong Kong

[amaretto1] 24/3/2022 07:55

Read the Goldman Sachs report !!I'd say the west are in bigger trouble

[soleman1] 24/3/2022 07:54

They probably will but at the same time institutions buying just under the declaration threshold to stay anonymous.

[tigerbythetail] 24/3/2022 07:54

twitter.com/nexta_tv/status/1506900431808737282?cxt=HHwWhMC93a79yukpAAAA
Currently, Russian stocks are up 10% on reopened Moscow Stock Exchange (MOEX).

[amaretto1] 24/3/2022 07:53

I've thought that ....Imo it would be strong grounds for litigation.... no doubt about it !!Some investors are sitting on huge losses.... wipe out for some

[loganair] 24/3/2022 07:53

The CBR has taken circa $15bn from the National Welfare Fund (NWF) to buy stocks to cushion the fall and several of the leading state-owned companies have also said they will use funds to buy back their own stock.

BCS GM also reported that many Russian retail investors intend to buy stocks “for the long-term” of up to five years, hoping to claw back some of the losses made since the war started from the bounce back.

However, the big unknown is just how big an impact the new sanctions will have on the economy. Estimates vary widely but a recent survey put expectations for this year at between an 8% to 15% contraction. Restrictions on the use of foreign exchange may also impact the market’s recovery as foreign investors account for up to half of the turn over on the market, which was one of the best performing in the world until last October.

[soleman1] 24/3/2022 07:53

Time and time again people asked why this was 50p over the quoted doomsday NAV, I did say wait for the NAV RN first day the moex is back trading and you'll see!

[bondholder] 24/3/2022 07:51

Also going to be interesting to see if the corporate holders in JRS carry on effectively giving away investors shares in the Russian portfolio.

[soleman1] 24/3/2022 07:46

April fools day haha

[bondholder] 24/3/2022 07:45

April 1 will see foreign selling allowed.

[wskill] 24/3/2022 07:36

Hopefully city of London are still selling at 80p.

[soleman1] 24/3/2022 07:36

Think it might be closer to 600p, was 550p when the moex shut

[wskill] 24/3/2022 07:35

Might be worth a small investment in JRS then.

[amaretto1] 24/3/2022 07:35

Let's not even mention the Chinese buyers .....

[amaretto1] 24/3/2022 07:33

Don't forget ... When it shut ...All stocks were priced at virtually Zero .... like we are ! Middle Eastern buyers are the most canny buyers in any markets..They will spend billions on Russian stock ... just like they did in western Mkts after Covid collapse ..Carnival... Shell ... and so on !

[bondholder] 24/3/2022 07:33

Rigged or not the current share prices imply 400p plus NAV

[biggest bill] 24/3/2022 07:32

Remember that the Russian stock market had already fallen sharply before it was closed. The last published nav before the Russian stock market was closed was 480p.

[cityfarmer] 24/3/2022 07:29

now up over 10% Putin cooking the books here but will be very interesting to get our NAV today .........

[bondholder] 24/3/2022 07:27

Market rigged. No foreign selling allowed and share support. Will need several days or a couple of weeks to find a true level

[bondholder] 24/3/2022 07:25

It's going to be interesting to see how JRS arrive at fair value now...