Author Topic: Why are Russian stocks so cheap?  (Read 68363 times)

augustabound

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Re: Why are Russian stocks so cheap?
« Reply #110 on: July 23, 2014, 01:21:33 PM »
All good thoughts.

Wish me luck as I embark on my journey to sell hockey pucks to the Russians.   ;D

I had thought of it after but an extended family member is from Estonia.  I remember them saying after the fall of the USSR, their economy hit the skids since most of everything the Soviet regions on the west produced went into the rest of the Soviet Union.
I'm pretty sure he mostly works in Finland now.
"Serenity now, insanity later." - Lloyd Braun


Andy Dufresne

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Re: Why are Russian stocks so cheap?
« Reply #111 on: July 23, 2014, 10:28:58 PM »
i read it somewhere a while ago, can't remember where. quickly googling i found this:

http://www.meattradenewsdaily.co.uk/news/290112/russia___talking_meat_imports.aspx

40% of the fish is norwegian. another interesting statistic :D they seem pretty dependent on western nations in a lot of areas.

edit: on the topic of gas, they just signed a 400 billion deal to sell gas to china. pipeline supposed to be up and running in 2018.

Thanks jouni1! Definitely something to think about, though I fear that Putin will not really be moved by the lack of steak ....


phil_Buffett

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Re: Why are Russian stocks so cheap?
« Reply #113 on: July 29, 2014, 03:51:43 AM »

fareastwarriors

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Re: Why are Russian stocks so cheap?
« Reply #114 on: August 05, 2014, 11:36:14 AM »
Buying opportunity in 'punished' Russian stocks



http://www.cnbc.com/id/101896354?trknav=homestack:topnews:1

jouni1

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Re: Why are Russian stocks so cheap?
« Reply #115 on: August 06, 2014, 05:17:16 AM »
what russian stocks should one buy? banks probably? do you (the ones that are buying) have some favorite russian businesses? sberbank and rosneft look nice but the numbers seem a "bit" too good for russian enterprises.

phil_Buffett

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Re: Why are Russian stocks so cheap?
« Reply #116 on: August 06, 2014, 05:19:46 AM »
i have a mix.

sberbank
gazprom
lukoil
rosneft
sistema (conglomerat)
pharmstandard (pharma)
ctc media

i make this Investment a basket Approach. bought to early :D and now nice in the red  8) ;D ;D ;D

Packer16

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Re: Why are Russian stocks so cheap?
« Reply #117 on: August 06, 2014, 08:21:34 AM »
What broker did you use to get access to Pharmstandard?  TIA.

Packer

phil_Buffett

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Re: Why are Russian stocks so cheap?
« Reply #118 on: August 06, 2014, 08:37:35 AM »
What broker did you use to get access to Pharmstandard?  TIA.

Packer

german ING. and the german ING gets the quotes from UBS i think. but i buy i via ING

cheers :)

Phil

tombgrt

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Re: Why are Russian stocks so cheap?
« Reply #119 on: August 06, 2014, 08:41:13 AM »
Hi Phil. Can you also buy South-Korean stocks through ING? I recently inquired to buy them through ING Belgium (and BNP and a few others) but they weren't able to buy individual stocks for me. :(