Silicon Investor (SI) -- The First Internet Community

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 -- Ignore unavailable to you. Want to Upgrade?

To: copper000 who wrote (1214)	3/26/2005 2:57:16 PM
From: Copperfield	Read Replies (1) \| Respond to of 1301

I think AOMOY may drop to about 1/2 it's current price by the end of next week. It is being split into more than a dozen companies on April 1, 2005. AOMOY will than be worth 47% of what it is now. In order to receive the shares of the new companies you had to open a Russian brokerage accout. I did last year. USERY is also being split up under Anatoly Chubais's restructuring plan. The exact means are yet to be announced and the proceess has been delayed a number of times. ATON brokerage says it is undervalued and gives a price target of .54 per share or ADR $54 by the end of the year. You also need a Russian brokerage account to get shares in the spin off companies. RAO UES will cease to exist in a few years if all goes as planned. Of course there was an attempt to kill Anatoly Chubais last week so events like this or government intervention could affect the process. Here is a outline of the April 1 events that will affect AOMOY right away and give me shares in a dozen or so new companies inclucing options on new regional generating companies including the Hydroelectric company that has attracted the most interest. old.rao-ees.ru USERY is rated as one of the best buys expecially if you want an instant power sector "mutual fund" of perhaps hundreds of companies and are willing to open a Russian bank and brokerage account. Most ADR holders have already chosen to sell. I am in the process of making another investment in Russia at the moment. A Russian brokerage account is not quite like a discount brokerage account here. They don't issue stock certificates but it is a slow process. My brokerage "ATON" has been quite helpful but likely most of their clients are ..or aspire to be "oligarchs".