Investment in Russia and Eastern Europe Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Investment in Russia and Eastern Europe

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Still Rolling who wrote (107)	5/13/1998 5:08:00 PM
From: Thomas Haegin	Read Replies (2) of 1301

Craig, now is a good time to start accumulating Russian stocks, but there is no rush, no need to jump and plunge. The big hurt right now may indeed be low oil and gas prices which is a big contributor to the Russian economy. I'd forget about Asia influencing Russia: This is fickle money bailing out again, but in real terms Russia is in a better situation than Asia (IMO) because the politics develop favorably in Russia whereas in Asia politics is still a mess, most notably in Indonesia. TRF usually trades at a big premium to NAV for which there is no reasonable explanation, IMO. RNE is closer to NAV, however not a purely Russian play. There are several Russian ADR's traded in the U.S., LUKoil for example. TRF and RNE both generally stick to blue chips which I think is sensible. I personally own Inkombank ADR's, but I'm showing a loss right now. If I had any free money now, I'd buy more of it as I think their fundamental position has not changed in the last 3 months since I bought. Vi, indeed your efforts are much appreciated here. I wonder how many people are out there lurking. regards, Thomas

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next