We would love to hear your thoughts about our site and services, please take our survey here.
London South East prides itself on its community spirit, and in order to keep the chat section problem free, we ask all members to follow these simple rules. In these rules, we refer to ourselves as "we", "us", "our". The user of the website is referred to as "you" and "your".
By posting on our share chat boards you are agreeing to the following:
The IP address of all posts is recorded to aid in enforcing these conditions. As a user you agree to any information you have entered being stored in a database. You agree that we have the right to remove, edit, move or close any topic or board at any time should we see fit. You agree that we have the right to remove any post without notice. You agree that we have the right to suspend your account without notice.
Please note some users may not behave properly and may post content that is misleading, untrue or offensive.
It is not possible for us to fully monitor all content all of the time but where we have actually received notice of any content that is potentially misleading, untrue, offensive, unlawful, infringes third party rights or is potentially in breach of these terms and conditions, then we will review such content, decide whether to remove it from this website and act accordingly.
Premium Members are members that have a premium subscription with London South East. You can subscribe here.
London South East does not endorse such members, and posts should not be construed as advice and represent the opinions of the authors, not those of London South East Ltd, or its affiliates.
It is RUSP. They just issued some more prefs which stand above RUSP. Those are RUSC but liquidity isn't great. They pay as much as they do becasue of the risk (all their assets are in Russia). There are other bonds that do pay more (but that's becasue they also are high risk).
Anyone know what ticker the Raven Russia preference shares trade under. Other platforms it is RUSP. I am surprised it is not on here as it pays 9% per annum on a quarterly basis and is way cheap,where else can you get that
Probably for the best. Edison have released a note today with forecast profits down 10% next year but that to me looks optimistic given the update last month. Only worth a look-in if the US suspend rates for the near future... cue dollar drop and capital inflows back into Russia.
Dumped my entire holding this morning @ 43.01p as sadly the outlook described in this morning's RNS is not great, and with bargains galore at the moment it is time to reallocate capital. Pity as this still seems a good company but held back by external pressures which, according to RNS, are not yet fully in the financials. Am keeping my pref shares for now as these pay me a tasty 8.7% - at least while the cash lasts.
To see these back to where they belong ! Gla
Yeah, hanging on. Nice to see things moving a bit.
you guys held up 10% since then
A very honest assessment of risk...sadly it's not asymmetric : if Russia doesn't back down( unlikely with Putin) then very likely balance sheet will be further hit by valuation downgrades.Also didn't like the signal that may be forced to accept rouble denominated in lease renegotiations which could hit earnings & operating CASHFLOW on translation.A good business stuffed by poor macro economic outlook.
A fairly detailed RNS this morning, any comments?
Thanks Canny, I had been nervous of the unstable Russian Eco, but bought in here small & cheap a couple of weeks ago. It looks to be a good one long term but I'm impatient. :-/ I'm not registered to read FT news sadly as I'd have liked to have read that link. Cheers.
I think it could be a slow climb back up to previous levels, but IMHO we need to see some stability in the rubble and the russian economy. http://www.ft.com/cms/s/0/8c75d71e-bcec-11e4-a917-00144feab7de.html#axzz3SYUpF1E9
Is there any likelyhood of this news pushing up the share prices?
Does anyone look in on this board any more? Seems very dead here.
I see they have been accumulating which is a good thing - solid II support at these levels (buy low is how to make money).
At these levels I'm just hanging onto to more shares.
I regret converting from the prefs. If i wanted to sell i would have done so at 80 plus. The current share price plus a few pence doesnt really do it for me.
what are people's experiences with RR "divi"? I have offered 2x my entitlement this time and am waiting to hear. Anybody developed a strategy?
Woah big sell £52.17k
Sold rus to buy saga,tho i seen nowtaboutit.idont risk using my online bank a/c wen away.but site says put in saga125 but do not clicksearch.says click or tab onnext field.wot hthe **** does that mean !w
Sold the ords yesterday.couldnt resist £400+ profit in pres circs.no way willsell the bought cheap 10% yielding prefs
Is that general ord u ar talking about! Lol ,Russell happy to see u bought some of these .I took the leap a few days ago before poppy did more of his hypnotic cyber song and dance with tesco which makes me buy more! I put my blinx dosh in here as had enough of the ducking and diving in there and got out with small profit , wish I could say same with Cup , first share in ages that I just cannot get right no matter what I do ! Did not sell before results which I usually do , why I have no idea so now stuck again! I still think it will come good in the end , the Boris Karloff end !
had prefs already. Got in just under 71p. Looks a gud investment plus the choice of a quick profit if Obama would shut his cakehole for a bit. the EU lackies will do same narally.
Apologies,re my last post @0717hrs, the last update was 05Mar...NOT as I stated (2 1/2 months ago).
This is Sunday 16Mar 2014. The morning of the referendum, which decides later today if the Crimea region stays in the Eukraine or is annexed and becomes part of the Russian Federation. There is a the prospect that western business' in Russia will be treated slightly differently whatever the result. This situation has been developing over the last fortnight.....the SP has moved downwards since 27Feb 2014 and shed approx -9.5% thus far. The telling time will of course be Monday morning (17Mar 2014) when the referendum results are announced, which are likely to follow the existing forgone conclusion that Crimeans will vote to be governed by the Russians. My investment is small (2K). So even if British companies in Russia get a kicking in the aftermath - I am still invested/holding. What will happen to the share price on Monday onwards? What have others done, plenty have sold? Discuss, thoughts please? PS Noted last post was 2 1/2 months ago....is there anyone there !
now oneproud owner of about around £20k worth of prefs- thanks to spotted lurcher. I knew about prefs b4 but not RR which look to be the very best if not at this exact moment lol