Raven Prop P Discussion Threads

[montyhedge] 04/3/2022 16:34

It's only Putin who want a war, not Russian citizens.

[spectoacc] 04/3/2022 16:29

"Russia to win the ground, then a 10-20 year insurgency, to be brutally suppressed".

And people are still wanting to punt on RAVP?

[spectoacc] 04/3/2022 15:01

Whilst EVR is up 72%. Not sure if we've had a situation quite like this - perhaps the Irish banks? - and prices are going to move on trade flows, not reality, IMO.

[cc2014] 04/3/2022 14:58

How bizarre. The ords are now down to 6p, suggesting ord shareholders think there's little value in RAV.

Yet the prefs are going up with some limited buying in the 23p area

[spectoacc] 04/3/2022 10:25

Can't see what news there would be - suspect it'll go back from whence it came (down, not up). Tho POLY the only one still going to pay a divi.

[cc2014] 04/3/2022 10:22

Assume some news on POLY as it just spiked up from 175p to 220p and seems to be holding there.

[spectoacc] 04/3/2022 10:17

Assuming it's shorts closing, but POLY +25%, EVR +23%. At same time, POG -39%, RAV -14%.

[cc2014] 04/3/2022 09:50

And helpfully here are Raven's tenants on page 21



Volume has collapsed on RAVP this morning. How odd. I'm assuming MM's aren't letting sellers out until they have balanced their books

[spectoacc] 04/3/2022 09:41

Disappointed anyone would regard it as "..Throwing toys out the pram". Ironic to use pram eh?

This is the most recent list I could find of retailers standing with Ukraine (includes Apple):

[zangdook] 04/3/2022 09:36

Actually I should correct my 1725 re Apple - it was based on others' comments and not (as with Toyota) the company's statements. I now hear Apple stores are open again in Russia, though with increased prices to reflect exchange rate changes.

[zangdook] 04/3/2022 01:04

Toyota are not being overly political in their announcement; all they say is supply chain disruptions prevent imports and manufacturing. If they use Raven's warehouses to store spare parts, for example, there's no reason to think they'll cease to be tenants. They're not throwing the toys out of the pram like Apple and some others.

edit - see 1727 below re Apple

[spectoacc] 03/3/2022 20:25

They'll be back when Putin is over. Wonder who'll own the warehouses then.

[rayg5] 03/3/2022 19:45

These large companies have known what sort of economy Russia is, known for a long time. Now they're leaving? They'll be back.

[holts] 03/3/2022 19:33

I don’t think any brand would remain associated with Russia now .

[cc2014] 03/3/2022 18:37

Not sure about Ikea but Toyota are a tenant

Toyota announcement

[homeboy] 03/3/2022 16:45

a few more mugs trying to be clever again today

this isn't a junk stock, it probably wont survive

[spectoacc] 03/3/2022 16:00

Thought I had, but might be wrong.

Hard to see other outside companies not leaving too, but as someone mentioned above, perhaps that means exit payments to Raven. If the banks are working.

[gfrae] 03/3/2022 15:53

Never seen them mentioned in any report.

[spectoacc] 03/3/2022 15:21

"Ikea ceases operations in Russia". Aren't they a RAV tenant?

Bizarre seeing Lavrov defending the indefensible - it's not about NATO, any more than it was 5 years ago.

[holts] 03/3/2022 12:34

Kenny provided technical information , everyone knew the danger was always that Russia was unpredictable and could do something really stupid at any time , he never pushed or suggested to anyone they should buy .

[hpcg] 03/3/2022 09:49

Yes, I don't think it is appropriate to call out Kenny for anything, perhaps other than naivete. Who hasn't suffered hubris and loss while investing, I know I have? Every single infinite duration instrument has circumstances under which it is a sell. For high yield, which by definition is high risk, those events are likely to be numerous and or likely to trigger. For junior debt the risks are higher than senior debt. For assets in jurisdictions with no practical property rights the risks are higher than for jurisdictions with strong property rights.

Actually I would say congratulations to Kenny for selling. Taking losses is difficult but an essential skill. I don't know his exit price, but conceivable he still has decent returns over the lifetime of the holding.

For what it's worth I think buyers over the last few days are much more foolish than those with a decade or more of holding but now out.

[my retirement fund] 03/3/2022 09:18

What he did not highlight was the systemic risk created by a ruthless dictator and his Kleptocracy. All the information was in the public domain. Hundreds of innocent people being deliberately gassed and shot in a Russian theatre. People being posined with rare chemical agents or nuclear isotopes. Inoccent dissidents subjected to false accusations and imprisoned. Meanwhile the Murderer in charge of all of this flaunting his stolen billions with a fleet of super yaughts and palacial mansions dotted around the globe. Kenny clearly been as blind to it as everyone else!