SI
SI
discoversearch

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 ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Rob Shilling who wrote (809)11/15/1998 3:52:00 AM
From: Z Analyzer  Read Replies (1) of 1301
 
<<If Russia becomes a more normal
economy, say in 5 years, and its stocks trade at one times GDP, stocks like LUKOY
and ROS would be trading 40 times higher for a 5 year annual rate of return of 110%.
But the odds are that when the economy gets better there, the initial 1000%
appreciation in the stocks will happen quickly IMHO>>
Good to see some life here again. Rob, I think these numbers are a little optimistic since there would be many more companies included in GDP by then. Also, these multiples result in price to sales or price to book ratios that are hugely excessive.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext