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Share Name Share Symbol Market Type Share ISIN Share Description
Jpmorgan Russian Securities Plc LSE:JRS London Ordinary Share GB0032164732 ORD 1P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -8.00 -1.27% 624.00 620.00 628.00 626.00 620.00 626.00 33,223 16:35:12
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Equity Investment Instruments 0.0 18.0 34.0 18.3 283

Jpmorgan Russian Securit... Share Discussion Threads

Showing 2226 to 2250 of 2450 messages
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DateSubjectAuthorDiscuss
09/4/2018
15:42
Russia's stock market crumbles, hitting funds exposed to the country, as US imposes sanctions on host of oligarchs and government officials by Daniel Grote: Russia's stock market fell 7.6%, hitting funds exposed to the country. The JPMorgan Russian Securities Investment trust tumbled 10.1% to 470p, while Baring Emerging Europe which holds 62% of its portfolio in Russia, was down 2.8% at 764p. BlackRock Emerging Europe which features a 56% exposure to the country, fell 5.2% to 334.7p. On the FTSE 100, Russian steel maker Evraz was the biggest faller, down 15.2% at 382p. Polymetal International, a gold and silver producer operating in Russia and Kazakhstan, led the 'mid-cap' fallers, down 10.1% at 652p. Among the seven oligarchs hit by the sanctions are Oleg Deripaska, a billionaire aluminium magnate. Any assets the seven have under US jurisdiction have been frozen and US nationals are forbidden from doing business with them. Shares in Deripaska's London-listed EN+ Group, an aluminium and power producer, fell 34% to $6.35. Aluminium giant Rusal, which Deripaska also controls, saw half its value wiped out in overnight trading in Hong Kong. The US Treasury said the sanctions were linked to Russia's actions in Crimea, Syria and Ukraine and its interference in western democracies. 'The Russian government operates for the disproportionate benefit of oligarchs and government elites,' said Treasury secretary Steven Mnuchin. 'Russian oligarchs and elites who profit from this corrupt system will no longer be insulated from the consequences of their government's destabilizing activities.'
loganair
09/4/2018
14:22
PIMCO are saying about today's Russian sell off: It's a blink in time. Russian fundamentals are good. Fall in the rouble is serving as a pressure relief valve.
loganair
09/4/2018
13:50
Good for Brazilian agriculture but I hope they don't cut down more of the rainforests to plants soya! Thanks.
quepassa
09/4/2018
13:28
QP - Off topic quickly. I've been hearing that the European's are buying as many USA Soybean contracts as they can to replace what they buy from Brazil as the Chinese are starting to replace US soybeans with Brazilian the second biggest producer of soybeans which is causing the price of both US and Brazilian soybeans to rise. I feel this is important as the Chinese consume around 60% of the worlds production of soybeans, much of their imports currently come from the USA.
loganair
09/4/2018
13:14
In my opinion what is happening to day in the Russian stock market is mainly Sentiment driven because of what is happening with RUSAL which has lost around 50% of its value today. Currently I am Short term Negative and still Long term Positive. Just have to ride the bumps without panicking. In a way this is helping Russia as their currency has weakened to 60 rub to the dollar the exchange rate that the central bank has been desperately trying to achieve with the ever strengthening rouble.
loganair
09/4/2018
13:09
A few years back Sberbank was only JRS 8th largest holding as JRS had sold down their holdings. Sberbank then hit the buffers and when it began to rise JRS came back in and repurchased Sberbank stock which until today has gone from strength to strength. As they say 'run your winners' which It seems to me what JRS have been doing. I do agree 18% is rather a high percentage to have just in one stock.
loganair
09/4/2018
13:02
"is only". Perhaps but not many funds in my opinion and experience would allow any single holding to balloon to 18% of total portfolio on grounds of prudence. In my opinion, that is imprudent. Good Luck. ALL IMO. DYOR. QP
quepassa
09/4/2018
12:53
Sberbank is only such a high percentage holding because up until today, their share price has risen by more then other companies and it is still a top quality company working in many countries with only 1m overseas customers.
loganair
09/4/2018
12:39
Wow. 18% (yes EIGHTEEN PERCENT) of the JRS Portfolio is in ONE HOLDING, SBERBANK. And SBERBANK is currently DOWN 18.5% today.. ALL IMO. DYOR. QP ps Top Ten JRS Holdings : JPMORGAN RUSSIAN SECURITIES PLC (the 'Company') Legal Entity Identifier: 549300II3MHI98ZLVH37 THE COMPANY ANNOUNCES THE TEN LARGEST INVESTMENTS IN % OF TOTAL ASSETS As at: 28 Feb 2018 Sberbank of Russia 18.1% Gazprom ADR 14.9% Lukoil ADR 9.4% Novatek GDR 6.2% Rosneft GDR 5.9% Norilsk Nickel ADR 5.3% Tatneft (including ADR) 4.8% ALROSA 3.0% Polyus GDR 2.2% Novolipetsk Iron & Steel GDS 2.2% ----------------------------------------------- ------ Total 72.0%
quepassa
09/4/2018
12:14
Looks like a rush for the exit on the sanction news.
montyhedge
09/4/2018
12:06
The usual Panic in the stock market, hopefully will be followed by a Relief Rally tomorrow. Russian bond yields have hardly moved today.
loganair
09/4/2018
12:06
Why is EN+ plc quote unavailable on advfn? This appears to have been a major faller.
rj allen
09/4/2018
11:36
Yes much more tempted to buy than sell now we're sub 500p
its the oxman
09/4/2018
11:29
When Russia and Turkey were having their fracas in late 2015, it proved a great opportunity to invest. IIRC the bottom occurred a few weeks after the media moved on to some other disaster.
blippy3
09/4/2018
10:04
I sense this sell off is going to create a great long term entry point in the next few weeks or months.
andyj
09/4/2018
10:03
QP - I think I'm a little behind as the MICEX is now down 9% when just 20 mins earlier it was down 7%. Just see how it ends the day.
loganair
09/4/2018
10:00
We must be looking at different feeds. On Yahoo Finance I see much bigger fallers today than you mention. Look at some of the other BIG holdings in JRS today: SBERBANK DOWN A WHOPPING 14% Rosneft DOWN 10.7% Good Luck. ALL IMO. DYOR. QP
quepassa
09/4/2018
09:53
loganair, Good Luck. I am also a long-term holder as you know from our helpful multi-year dialogues on these various IT boards. But sometimes I take a "holiday" from my investments when I perceive personally that outside events may be temporarily taking a big toll on those investments. As we agreed before, that is a great bonus of IT's over UT's that you can liquidate holdings at any time in the open market at very little cost. ALL IMO. DYOR. QP
quepassa
09/4/2018
09:47
Micex now down 7%, way over done. The biggest faller today is Mechel while the biggest riser Rostelekom is up nearly 7%. Sberbank which is JRS largest holding at over 18% is still up over 60% yoy.
loganair
09/4/2018
09:46
question, can you imagine a scenario where negative investor sentiment returns this investment Trust to a 20-30% DISCOUNT-to-NAV? I can. We are already at a 20% discount/ ALL IMO. DYOR. QP
quepassa
09/4/2018
09:43
As A long term investor, even if JRS drops in the very short term to 450p and I buy at 490p I am still happy as I know JRS stocks are worth far more. Looking at Russian Government bonds their yields are still holding at their lows, even today.
loganair
09/4/2018
09:41
...and your wish has instantaneously come true. Good Luck. But , if I may, exercise caution as to your entry point + timing as investor sentiment may take this lower yet. QP
quepassa
09/4/2018
09:38
Any thing below 500p and I'm a buyer as it seems to me at this price the Russian market is excellent long term value. The Russian market in general is down 4.5%, however most of JRS invested stocks are down less than 1% and some of their stocks are even up.
loganair
09/4/2018
08:56
True. But today's fall in Russia is not concentrated on 3 or 4 dominant overweight titans but appears to be across the board. Good Luck. ALL IMO. DYOR. QP
quepassa
09/4/2018
08:40
On one day at one point the US market was down over 3.5% just because of Facebook, Google, Amazon and Netflix which were accounting for 50% of the fall.
loganair
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