Jpmorgan Russian Securit... Share Discussion Threads

[gbjbaanb] 20/4/2022 11:40

At the very least i think the war in Ukraine is hyped to the max by Western governments and their pet media, Some MP said Boris around have had to resign by now had it not been for Ukraine. So i think they are doubling down on the "teh Russians is coming" narrative to boost their own status. If this is the case then the May elections should see it subside massively. Nothing says "vote for the other guys" than massive energy bills and food shortages. They'll have to end the war eventually, even if it means giving Putin the bits of Ukraine he wants (that want to be Russian anyway)

[popit] 20/4/2022 10:57

tigerbythetail. So do you actually think Putin/Russia is eventually going to “steal” all of the Moex shares that are owned by JRS? What is the endgame in all of this? No peace? No end of war ever? No talks ever? Sanctions never lifted? And when do you expect UK/France/Germany to start stealing the Tesco shares and Lloyds shares of ordinary Russian people who are not oligarchs? Interested to hear your answers.

[tigerbythetail] 20/4/2022 10:21

Loganair - we've already discussed your fascism. Bored with it.

[loganair] 20/4/2022 10:16

TT - Since WW2, the United States has most probably committed more war crimes then any other country in the world, invaded more countries, bombed more civilians, doing more regime changes then any other country, most probably then all other countries combined.

Vietnam where the USA bombed with Agent Orange killing and maiming, with Vietnamese still being effected today by the side effects. And as for the land it was dropped on, white as snow as nothing will grow there for at least another 100 plus years.

And then there is the famous picture of the young Vietnamese girl, running towards US soldiers with her skin painfully dripping off her body because she had just been napalmed my the U.S. airforce.

[tigerbythetail] 20/4/2022 10:09

Popit - read the news! It helps to have a clue about the country you're invested in.
By the way, launching genocidal invasions of foreign countries is also illegal under intentional law. But Russia did it.
Christ, the level of naivety on here is painful...

[soleman1] 20/4/2022 07:26

Yes it's a defense mechanism of Russia, by forcing international transactions in Russian assets to be done in Rubles the buyers are directly exposed to the currency which is of course the target of or at least directly impacted by international sanctions. Effectively Russia is forcing the west to have skin in the game if it wants Russian assets which to be honest isn't unreasonable.

[popit] 19/4/2022 18:34

It's pretty clear which way the wind is blowing here - IMO, it's highly unlikely "unfriendly" foreigners will be ever be allowed to profit from owning Russian shares. Which includes JRS shareholders, of course. Scaremongering! Has the UK ever said ordinary Russian people will have their LSE Tesco shares stolen from them? No. Has France or Germany? No. And Russia will also never do it because it is completely illegal under international law. Yes they may ask foreigners to swap their holdings for MOEX shares, and if they do that then JRS shares will suddenly rise to about £4. Better to be holding JRS shares now before it happens!

[irkin] 19/4/2022 18:34

"EU To Impose Full Embargo On Russian Oil Next Week, Will Send Price Above $185 According To JPMorgan"

"A full and immediate embargo is likely to hurt European consumers more than Russian producers in the near term"

.... but it's the price we must pay to preserve our freedoms apparently.

[loganair] 19/4/2022 18:21

The MOEX Russia Index closed 1.1% down at 2,317 on Tuesday, amid concerns over the Russian economy and the prospect of additional western sanctions. Central Bank of Russia Governor Elvira Nabiullina warned Monday that the Russian economy “will enter a period of structural transformation”; in the 2nd and 3rd quarters, interpreted as signals of harsh economic contraction. Also, EU Commission

President Ursula von der Leyen said over the weekend that the EU could soon impose its sixth package of sanctions to target Russia’s banking and energy sectors.

Financial stocks led the losses in Moscow, with Sberbank falling 2.9% and VTB ending 1.7% lower. Meanwhile, Tatneft shares dropped 3.5% as it was one of the first Russian firms to begin the process of delisting their depository receipts from foreign bourses. The move came after the central bank announced firms had to complete the delisting by May 5th, following the decree signed by President Putin to limit foreign control on Russian firms.

[fabius1] 19/4/2022 17:47

It's an embarrassment.

[loganair] 19/4/2022 17:36

Just look at the difference between the Russian Central Bank Governor Elvira Nabiullina and the Western Central banks who since 2008 all have taken drastic measures to keep asset prices rising ever higher and kick the bucket further and further down the road thus preventing the Western economies and Western businesses from adapting and being able to cope when the whole thing falls apart and the wheels fall off the Western economies.

[fabius1] 19/4/2022 17:26

Usual nonsense from self important civil servants and politicians who seem to be oblivious to the future mess they are heaping on the UK. Elvira Nabiullina, by contrast, is highly regarded by professionals who live and work in the real world.

[loganair] 19/4/2022 17:01

Russian Central Bank Governor Elvira Nabiullina said Monday a further rate cut is possible as well as a loosening of requirements for exporters to sell foreign-currency proceeds.

Meanwhile, Nabiullina said it would take two years to pull inflation back to its 4% target.

Russian industry will have to find new international partners to adapt to the sanctions, spurring long-term changes in the economy, she said.

"The period when the economy can live on reserves is finite," Nabiullina said. "And already in the second and third quarter we will enter a period of structural transformation and the search for new business models."

Nabiullina stressed that sanctions cut off most of the Russian economy from settlements in reserve currencies, the US dollar and the euro, which made it crucial for Russia and partners to develop payments in national currencies.

“We are not starting from scratch here either. We have already launched and developed such bilateral projects with a number of countries. Now we are negotiating with partners in different countries in order to normalize the situation with payments as soon as possible,” she explained.

Nabiullina stressed that the central bank will not attempt any drastic measures to further reduce inflation, as it would prevent the economy from coping with the new realities.

“We will not try to lower [inflation] by drastic measures. This would prevent businesses from adapting… and we definitely need to cope with a period of adaptation,” she stated.

[loganair] 19/4/2022 16:51

Putin signed a new decree on April 16 that requires Russian companies to remove their listings from overseas exchanges - Nothing to worry about as all this means is no more ADR's or GDR's which will just be cancelled and will be exchanged for normal ordinary shares listed on the MOEX which for non-Russians will be placed in non-resident accounts in Russia.

[loganair] 19/4/2022 13:55

Eurasia one block Russia, China, India with Middle East, Africa and Central and S America the other block being Anglophile countries, Euro and maybe Japan and S Korea.

[tigerbythetail] 19/4/2022 13:37

Putin now bans Russian companies from listing on foreign stock markets - see Daily Telegraph.
It's pretty clear which way the wind is blowing here - IMO, it's highly unlikely "unfriendly" foreigners will be ever be allowed to profit from owning Russian shares. Which includes JRS shareholders, of course.

[loganair] 19/4/2022 12:04

The MOEX Russia Index fell more than 1% to below 2,320 on Tuesday, hovering at levels last seen before the central bank suspended trading for nearly a month, amid concerns over the Russian economy and the prospect of additional western sanctions.

Central Bank of Russia Governor Elvira Nabiullina warned Monday that the Russian economy “will enter a period of structural transformation”; in the 2nd and 3rd quarters, which analysts said meant a deep and rapid economic contraction. Meanwhile, EU Commission President Ursula von der Leyen said over the weekend that the EU could soon impose its sixth package of sanctions to target Russia’s banking and energy sectors.

Sberbank dropped another 2% after being targeted for further sanctions, followed by VTB (-2.2%) and Credbk of Moscow (-2%). Energy stocks also declined, including Gazprom (-1.1%), Lukoil (-3.7%) and Rosneft Oil (-2.4%).

[comedy] 18/4/2022 23:22

Exclusive Interview - Aiden Aslin - British Man Fighting for Ukraine, Captured in Donbass, Mariupol
www.youtube.com/watch?v=rNizGwjZbo0

Truth finally outs

[irkin] 18/4/2022 21:43

Fabius, who knows what's going on but it's not what's being portrayed by the media imo. The sanctions make absolutely no sense to me. They almost seem designed to hurt the West more than Russia and to hasten the move away from the dollar as the world's reserve currency.

It's tempting to think there must be some sort of hidden agenda at play such as inflating away the huge debts of the West, but it might just be that the West's leaders really are terminally stupid.

[loganair] 18/4/2022 20:30

The MOEX Russia Index dropped 3.4% to close at 2,343 on Monday, extending last week’s 6.5% drop to its lowest since stock trading returned from its month-long suspension, as the risk of new sanctions on Russia continued to weigh on sentiment.

EU Commission President Ursula von der Leyen said over the weekend that the EU could soon impose its sixth package of sanctions to target Russia’s banking and energy sectors. Also, Italian Prime Minister Mario Draghi said his proposal to put a price cap on Russian natural gas is gaining support, reflected in steep losses for the energy sector in today’s session.

Lukoil shares plunged over 7%, while Gazprom closed 2.9% lower. At the same time, financials took heavy hits, as Sberbank and VTB lost 5.3% and 5.5%, respectively. Lastly, TCS Group shares fell 9%, marking eight consecutive sessions of decline as the holding group was significantly affected by sanctions. .

[fabius1] 18/4/2022 19:09

'Imo the thoughts of Scott Ritter are much, much closer to the truth than the increasingly hysterical Western propaganda'.

Indeed, Irkin. Smacks a little too much of the 'Oh they doth protest' routine for me. I also heard from another source that the FED were actually against sanctions, not surprisingly. I think Biden and his buddies are being set up for a fall. I doubt he will get a second term and all the dirt will be dumped on him, regardless of the fact that US debt has been a runaway train for some time. But that's the game of politics, meanwhile, the money machine behind the scenes keeps on spinning even if it is running on vapours.

[irkin] 18/4/2022 17:30

Thanks for the links Fabius - very compelling and persuasive. Those blinded by Western propaganda would do well to watch the full 2 hours. The first video confirms much of what John Mearsheimer warned about in his 2014 lecture -

Imo the thoughts of Scott Ritter are much, much closer to the truth than the increasingly hysterical Western propaganda such as the article linked to above, which compelled one Daily Mail reader to advocate for the 'carpet bombing" of Russia. I note Biden has also described Russia's actions as genocide which has once again prompted his own intelligence services to refute his claims - "Not What We Are Seeing".

[loganair] 18/4/2022 16:56

It seems to me a part from Poland and the Baltic Republics who have never really had a good relationship with Russia or the old Soviet Union it is only the anglophile countries of the United States (Current world power), Canada, UK (previous world power), Australia and New Zealand who seem to have a zest for initially putting on sanctions then wanting to put more and more sanctions on Russia.