Author Topic: Why are Russian stocks so cheap?  (Read 68440 times)

phil_Buffett

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Re: Why are Russian stocks so cheap?
« Reply #120 on: August 06, 2014, 08:55:05 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. :(

yes i can :). but only the gdr Shares which are a half of a preferred share, but it is the same share. i can only buy hyundai preferred gdr and Samsung preferred gdr share via ing. but thats ok for me. i hold both and think both are undervalued.

hmm sad that you cant buy them via ing belgium, the gdr Shares also not?

cheers phil


tombgrt

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Re: Why are Russian stocks so cheap?
« Reply #121 on: August 06, 2014, 09:26:29 AM »
Might be possible to buy those but I mean other south korean stocks aside from those two. I'm not sure I can buy those two through IB either.

phil_Buffett

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Re: Why are Russian stocks so cheap?
« Reply #122 on: August 06, 2014, 09:36:17 AM »
Might be possible to buy those but I mean other south korean stocks aside from those two. I'm not sure I can buy those two through IB either.

no others  i cant buy :/. i would buy lotte chilsung and Lg but cant, sad Story. may i have to open up a IB account too. if you have success with buying those via IB please contact me :)

thanks

phil

tombgrt

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Re: Why are Russian stocks so cheap?
« Reply #123 on: August 06, 2014, 09:45:18 AM »
Nope you can't buy those through IB either. I was just wondering whether I could buy the  hyundai and samsung preferreds through IB, I don't know. :)

Lance

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Re: Why are Russian stocks so cheap?
« Reply #124 on: August 28, 2014, 06:22:02 AM »
Is anyone adding today?

Long CTCM, LUKOY, OGZPY and SBRCY - watching MBT.

Thanks,
Lance

fareastwarriors

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Re: Why are Russian stocks so cheap?
« Reply #125 on: September 02, 2014, 08:56:08 PM »

jouni1

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Re: Why are Russian stocks so cheap?
« Reply #126 on: September 05, 2014, 07:23:45 AM »

ajc

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Re: Why are Russian stocks so cheap?
« Reply #127 on: September 16, 2014, 11:23:13 AM »

phil_Buffett

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Re: Why are Russian stocks so cheap?
« Reply #128 on: September 17, 2014, 05:19:56 AM »

Russia's Sistema Chairman Under House Arrest

http://in.reuters.com/article/2014/09/16/russia-sistema-idINL6N0RH4WC20140916



sistema down 33% this morning  :o

edit: i once own sistema and sold it short ago at around 21 ($27) with a nice gain.

i bought some today. stock is down more then 50% in one month.
« Last Edit: September 17, 2014, 05:40:23 AM by phil_Buffett »

flixil

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Re: Why are Russian stocks so cheap?
« Reply #129 on: September 18, 2014, 02:46:07 AM »
Sistema

Taking into account that the inistry of Land and Property Relations of Bashkortostan filed a lawsuit to recover 209 billion rubles ($5.8 billion) from Sistema.

6B is 41% of 14B that is the current stockholder equity in the balance sheet.

33% looks close enough from 41% if we think that there is about 1/5 probability for the lawsuit not to win.

What do you guys think about it?