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RUS Raven Russia

45.50
0.00 (0.00%)
10 May 2024 - Closed
Delayed by 15 minutes
Raven Russia Investors - RUS

Raven Russia Investors - RUS

Share Name Share Symbol Market Stock Type
Raven Russia RUS London Ordinary Share
  Price Change Price Change % Share Price Last Trade
0.00 0.00% 45.50 01:00:00
Open Price Low Price High Price Close Price Previous Close
45.50 45.50
more quote information »

Top Investor Posts

Top Posts
Posted at 16/2/2017 23:47 by elrico
I'm no TA expert, but I see the current 52 week high gaining steady momentum, especially as RUS is not known as a trader's stock, so IMHO it has a solid investor base, based on fundamentals.

Russian economic outlook helps of course. It continued to show signs of stabilisation in Q3, supporting hopes for a return to growth in 2017. Demand & supply conditions in the Moscow warehouse market appear to be improving with new build falling away....hence the strategic investment in the area by RUS.
Posted at 16/2/2017 23:42 by elrico
Good summary for potential and newbies from This is money;

Raven Russia Limited is a well-capitalised company, with $280m unleveraged share capital, which provides for initial investment with leverage of circa $750m. Raven Russia has been established to invest principally in 'warehouse' property across Russia. The definition for 'warehouse' is generic and includes the entire spectrum of 'big box/shed' properties from high-bay logistics buildings through standard factories to retail warehouses/leisure boxes and some offices/standardised retail. Its objective is to become the pre-eminent investor in these types of properties throughout Russia. In creating the proposed property portfolio it is looking at operating in four areas of business:

1. Straightforward investment purchases: The simple purchase of an existing let property from an investor/developer.

2. Sale and Leasebacks: the purchase of property from an existing occupier who simultaneously leases back the property from us for an agreed term at an agreed rent.

3. Tenant Partnering: active participation in the land acquisition and subsequent development of a specific bespoke building for a specific tenant where we provide the entire financing and construction management expertise for a tenant who simply agrees to a pre-letting of the building on agreed terms.

4. Forward Funding local Developers: this can take varied format, either we finance independent developers throughout the land acquisition and construction period either against pre-lets or speculatively (dependant upon margin) or we simply contract to forward purchase a building thus allowing the developer the ability to 'bridge' the transaction with investor/bank financing. In addition to its Investment business, Raven Russia will look at speculative development/land assembly in-conjunction with experienced local partners.
Posted at 28/5/2016 18:05 by grahamburn
Rather a "knocking" item from the Business Commentary column in The Times today on Raven's new options packages.
__________________


Business Commentary

Black marks all round at Raven

Alistair Osborne


Things must be tough in the Anton Bilton household. The executive deputy chairman of Raven Russia and his model wife, Lisa B, have been forced to cut the asking price of Tyringham Hall in Buckinghamshire. Or that, at least, is the shocking news from some media reports. Yes, £5.5 million off and now just £12.5 million.

So how lucky for Mr Bilton that Raven’s shareholders may soon be making up the shortfall. On June 15, at the Guernsey AGM, they will be asked to approve a new “retention scheme” for Mr Bilton and three other directors of the investor in Russian warehouses: chief executive Glyn Hirsch, Mark Sinclair and Colin Smith, all Guernsey residents.

And at least it’s a simple plan: each will get three lots of 150 per cent of basic salary just for sticking around until 2019. That’s right: three times £820,000 for Mr Bilton, based on his £547,000 salary, regardless of performance, just for not leaving. And all at a group now worth only £220 million after a 42 per cent share price dive in 12 months.

It gets worse. The first payment arrives the minute shareholders approve the new policy. And while Mr Bilton and Mr Hirsch must take the money “in listed securities of the company”, that could be higher-ranking preference shares not aligned with ordinary investors. Not that they’ll be short of cash: the policy also provides an annual cash bonus of up to 75 per cent of salary “wholly at the discretion of the remuneration committee”.

Who chairs it, you ask? Another Guernsey resident, Christopher Sherwell, 68, who does sound a bit of a pushover. The problem with the last bonus scheme only agreed in 2014, he explains, is that it didn’t pay out, what with Vladimir Putin invading Crimea and then a mix of sanctions and the plunging oil price doing over the rouble. And the company “requires, at the very least, valid motivational targets”. What’s more, directors have gone from Putinesque expansion to a “defensive strategy”, largely consisting of sitting back and collecting the rent. So the previous targets now look a bit awkward.

Yes, the management, together for a decade, has a fan club. Invesco, Schroders and Neil Woodford’s eponymous fund hold more than half the ordinary shares and have just backed a £105 million preference share issue. Yet there wouldn’t be a change of policy if events in Russia meant the directors were now coining it. The company says 60 per cent of investors have “confirmed their full support” for the policy. Given the bad precedent it sets, they must be Raven mad.
Posted at 21/1/2015 13:40 by loganair
The rouble exchange rate is almost entirely dependent on the oil price as the Russian Government needs Urals oil to trade at 3,600 roubles/bbl in order to balance it's budget. As soon as the price of oil starts to rise then will the rouble exchange rate will rise against the dollar.

As a potential investor I'm looking for a share price more around the 30p level as during the last financial crash Raven fell sub 20p.
Posted at 30/4/2014 16:05 by igbertsponk
Invesco have investors clamouring for cash back now Woodford has gone. I expected sales by them.
Woodford LOVES Raven, has been a great fan since day one and has most of the Prefs.
So do not be surprised to see Woodford buying oodles in his new fund.
Posted at 10/4/2014 09:15 by ygor706
I've been in and out of the ordinaries and prefs for years now and have always made money. Raven is a really good company but the political risk is high. Just remember all those London Stock Exchange investors who lost their money building the Czar Nicholas Railway. Very long time ago now but the rule still holds true................political risk can wipe you out.
Posted at 15/9/2012 05:15 by hieronymous1
Recommended by David Stevenson, the Adventurous Investor, in today's FT. Should be a nice bounce on Monday.
Posted at 02/9/2012 19:34 by fangorn2
Sunday tips...

"Property group Raven Russia might seem rather exotic at first glance. But look a little closer and the company offers a compelling investment opportunity, combining a healthy annual income with the potential for strong capital appreciation. Searching for a venture that would provide stable, attractive rental income and some capital growth, the company´s founders hit on warehouses in Russia. Situated outside Moscow, St Petersburg and other large cities, these huge sheds act as staging posts for everyday goods that are brought into the country and then transported to shops. When the firm was set up, there were virtually no independent warehouses in Russia. Interim figures released last week were promising. The group moved from an underlying loss of $5.8m (£3.7m) to $14.3m profits, an independent valuation of the portfolio rose by $42m to $1.4bn and the warehouses are 94% let, a figure expected to rise over the next year (the group reports in dollars because Russian business is conducted almost entirely in the US currency). Brokers expect strong profit growth over the next three years, accompanied by steady increases in the ordinary shares dividend. Russian property may not be universally attractive but Raven's assets are solid, sensible and rented to big, respectable companies. The group is now in the FTSE 250 index too, adding a further layer of respectability. For investors in search of income, the preference shares are appealing. For those who want capital growth as well, the ordinary shares have plenty of potential. Buy, says The Financial Mail on Sunday´s Midas column.
"
Posted at 01/6/2012 22:23 by hieronymous1
International Investors Return to Russia
Posted at 01/9/2010 07:44 by rat attack
Investors fancying a dabble in the Russian property market could do worse than Raven Russia, suggests the Independent. The Guernsey-based group specialises in commercial property in Moscow and St Petersburg, and after an initial development phase – buying the land and building the facilities – is now in full swing finding tenants for its warehouses. Not for the faint-hearted, but for investors looking for some interesting diversity, Raven Russia is worth a punt. Buy says the Independent.

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