Yeah, hanging on. Nice to see things moving a bit.
30 Mar '15
you guys held up 10% since then
9 Mar '15
Risk: Cold War or cold turkey ?
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.
9 Mar '15
A fairly detailed RNS this morning, any comments?
26 Feb '15
RE: Raven Russia. RNS Today!
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.
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