Russian Investments

[Eric]

[stefk]

What do you think about gazprom ? At 1,1 its very undervalued. Is it possible to buy it ?

[Budge]

What do you think about gazprom ? At 1,1 its very undervalued. Is it possible to buy it ?

It would be a great buy. I can't get a bid ask from Fidelity and although I got a bid ask on TD Ameritrade this is the message I got:
"This security is subject to the sanctions on Russian securities. No trading allowed."

FJB sideways with a rusty chainsaw!

PTB are keeping everyone away while they get a head start. The bankers were pissed because they were all set to rape and plunder all the raw materials by blackmailing Yeltsin in 1999, but he brought in Vlad the Saviour.

China will take all that Gazprom can provide. Signed a 30-year deal in 2014 for 38bn cu m/pa. Power of Siberia went on line 2019. Negotiating another pipeline (Soyuz Vostok) 50bn cu m/pa. Also building a connector capable of diverting EU gas to China. Sweet.

[Yodean]

What do you think about gazprom ? At 1,1 its very undervalued. Is it possible to buy it ?

Agree with Budge. Great buy. I just bought the RSX late last week, which has gazprom, but RSX stopped trading Monday, for some reason. Evil bankers accumulating Russian assets, I am speculating.

[scott]

Netflix cancelling subs in Russia.
Seems FBibook blocked in Russia.

[stefk]

https://www.theguardian.com/business/20 ... operations

The Russians will become very healthy in their body but also in their head. No facebook, no netflix, no junkfood, its all good, for them, not for us.

[scott]

https://www.theguardian.com/business/20 ... operations

The Russians will become very healthy in their body but also in their head. No facebook, no netflix, no junkfood, its all good, for them, not for us.

Just heard McDonald's succumbed to the pressure, is pulling out. Such a loss, I feel healthier already!

[SOL]

https://www.theguardian.com/business/20 ... operations

The Russians will become very healthy in their body but also in their head. No facebook, no netflix, no junkfood, its all good, for them, not for us.

Just heard McDonald's succumbed to the pressure, is pulling out. Such a loss, I feel healthier already!

Most Fast Foods are akin to toxic waste. You are essentially consuming the worst possible crap that is marketed in the most attractive containers. There already many jokes that Russians will be healthier both mentally and physically without Face crack, Macdeath, KentuckyFriedbrains, etc

There are voices calling for the nationalization of all these assets. Hey they could convert Mcdonald into DumaBurger made with real meat as opposed to something that is full of crap that passes for meat


In other news
Russia Roils Plane-Backed Bonds by Keeping $10 Billion of Jets
Russia’s decision to block foreign owners from seizing hundreds of planes worth about $10 billion is roiling a market where aircraft leases are bundled into bonds and sold to investors.

https://finance.yahoo.com/news/russia-r ... 56312.html

[Yodean]

The Russians will become very healthy in their body but also in their head. No facebook, no netflix, no junkfood, its all good, for them, not for us.

The Russians will substitute cheap but good vodka for fast food, so it'll be a wash.

[SOL]

The Russians will become very healthy in their body but also in their head. No facebook, no netflix, no junkfood, its all good, for them, not for us.

The Russians will substitute cheap but good vodka for fast food, so it'll be a wash.

There are lot of Russian dishes that taste great and can be sold on the cheap.

goulash with buckwheat (Kasha) is quite tasty, Cutleta (pork, fish and chicken cutlets), Shuba a dish that has layers of eggs, beetroot and herring at the bottom. Borsch with dark rye bread, etc etc. Good vodka is cheap to begin with so no need to substitute Junk food for vodka. What I think they will do is have good vodka with good food.

Russian cheese is good quite good, Buckwheat with Goulash is quite tasty.

In Ukraine, a resto called Dua Gusaya started to give many of the fast foods are run for their money for they sold local dishes that were tasty and at an affordable price. As for vodka, there is a lot of good quality vodka that does not cost much it's only the ones marketed in the West that cost a lot. Prime vodka can be purchased for under 3 bucks a bottle and is on par with Absolut.


some possible name changes for the assets left behind

Macdonalds: Rusdonalds
KFC : Kalingrad Fried Chicken
Starbucks: Starie bucks
Dominos Pizzas: Dumas Piza

[Yodean]

https://youtu.be/smYXl5n7LOI

*****

Five minutes, the host is pretty funny ... BossNinja posted a few previous clips with him previously.

Baby SIRA on the way ...

[LoriPrecisely]

The official Telegram channel for the Ministry of Defence of the Russian Federation is t.me/mod_russia_en It currently has 54,000 subscribers. I have been reading the posts for several weeks. The posts seem very credible, with video footage which looks current and relevant. Completely different narrative than what we are hearing on U.S. mainstream media.

[Yodean]

JPMorgan Chase, Goldman Sachs, HSBC, BNP Paribas and other global banks have had to move Russian stocks and related derivative positions that they had taken to support bets by institutional clients into their own books as a result, five sources, including investors and traders, said.

When conditions permit, the banks could cash out those positions for what some of the sources said may result in sizeable profits.

At the centre of the unusual situation that the banks and their investors now find themselves in are positions taken by low-profile teams called 'Delta One' trading desks.

Traders in these divisions sell derivatives such as index swaps to sophisticated investors including hedge funds. Investors then get a return from an index, without them having to buy the stocks that make up that benchmark.

On the back end of those trades, the banks buy the stocks that make up the index either outright or through other derivatives. They also take other positions, called hedges, that are meant to reduce their overall risk from such trading.

When FTSE Russell and MSCI removed Russian stocks such as Gazprom (GZAVI.MM) and Sberbank (SBMX.MM) from their indexes in March, Delta One desks had to strip them from the baskets of swaps they had crafted for clients, the five sources said.

The Russian shares and derivatives were placed in separate trading books, and it is now up to each bank concerned to decide what to do with them, the five sources said.

One of the sources, who advises an investor in these products and who declined to be named due to client confidentiality, said this amounted to "free money for banks".

Several investors also want to lay claim to any profit, two of the sources said, with some "incensed" that they could end up missing out on potentially lucrative returns, one source added.

But three of the sources said that any profit should accrue to the bank, since their clients had bought exposure to the index through swaps rather than the individual constituents.

There is no guarantee that banks will be able to realize any profits from the stocks, two of the sources said. Any gains will depend on the value assigned to the asset and how the Russian exposures were hedged in the first place, the five sources said.

Moreover, most banks would need to be able to access the ordinary shares of sanctioned companies to realise any potential gains, four of the five sources said.

And there is no telling when that might happen.

The Moscow Exchange, which closed after Russia's Feb. 24 invasion of Ukraine, partially re-opened on March 24 but only to local investors.

The full re-opening of the market has been delayed multiple times and Western investors now expect to wait "weeks if not months" for free access to it, one of the sources said.

Some banks may opt to exit Russian risk before sanctions are lifted and trading resumes, forfeiting any chance of a profit.

But Russia is poised to deploy billions of roubles from its National Wealth Fund to support its stock market.

One of the sources said this could make it easier for some traders to exit positions profitably, assuming Western authorities permit unfettered trading.


*****
https://youtu.be/0WjrURJ3HDY

[scott]

https://youtu.be/smYXl5n7LOI

*****

Five minutes, the host is pretty funny ... BossNinja posted a few previous clips with him previously.

Baby SIRA on the way ...

Baby SIRA? Monetary policy easing in Russia. I say its about time.

As Ukraine conflict continues, Russia's government grabs the chance to modernise economy

https://www.msn.com/en-us/money/markets ... 7da9&ei=94

[Yodean]

Baby SIRA? Monetary policy easing in Russia. I say its about time.

As Ukraine conflict continues, Russia's government grabs the chance to modernise economy

https://www.msn.com/en-us/money/markets ... 7da9&ei=94

I hope you're right. Have you heard anything about the buildup of NATO troops in Poland (as well as Romania, etc.)?

Some sources seem to indicate that now that most of the Ukrainian troops has been sacrificed to weaken the 1st-line of the Russian Federation's conventional forces near Russian's western border, NATO/USA might start moving in a bit - likely with isolated drone attacks, etc. to further disturb and wear down Russian defenses.

Washington seems pretty serious about prolonging this conflict - any peace in that region appears temporary.

A bit like the Middle East.