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Finallly, after all these weeks, had email from HL telling me my holdings are too risky....they spotted the JRS holding!
Report was due today. Disappointing, frankly
I'm getting quotes. Not suspended. No reason to suspend.
Cannot see quotes moving and looks as if market has been closed for this stock, has it been suspended?
Wouldn't surprise me.
We will see..
GLA
Target is NAV of 44p .... IMO .... and keep fingers crossed the war ends quickly
Yes, probably a sell, given the way this has been falling lately
I'm 40% down here now in six weeks.
A lot of stocks are severely testing my nerve lately :-(
... sell?
Many more trades though..
What you on about Christo4? No clue what you are talking about. Twit.
There were much larger numbers in the previous report. The top 10 value was much greater. Did they sell these stocks? or Can they not be included in this report because of sanctions?
Interesting that they've dropped any mention of ADRs since the last version, have they been converted already?
@Jonno its not manipulation you find this a lot on SETS traded shares with wide spreads, if i look on my level two platform it shows the trades differently and easy to spot what is a buy and sell, each broker as in LSE here will have a data to the market for share prices, sometimes when the mid prices but the tadee hasnt completed it can wrongly mark the type of trade either a buy or sell. We had it on POLYMetal today many times.
The buys outweigh the sells here ( even with many buys being reported as sells) and still the SP drops. This is being manipulated.
Typical manfor ******. Tells you you're doing it wrong but doesn't offer to help. Biggest plum on lse
There is also a telegram group now for JRS, see the link below:
https://twitter.com/lohen123/status/1535986991392866304?s=21&t=JUu5YwlC4REdKLUKLoOgLg
I have contacted them before but not about these issues.
Manfor - have you spoken to someone at JRS?
Manfor sounds like you already have - could you perhaps share what the answer was? Or atleast the email address
Jonno777.
That is not the correct contact address for JRS.
Only JRS and their directors and managers will be able to tell you what is happening with their holdings in ADRs/GDRs, and with dividends received from their holdings in Russian companies.
You will find the correct address and phone number in the JRS annual report. If you phone them they will also give you the correct email address.
manfor - I emailed JPM at “accounts@uk-email.jpmorgan.com”
Are you sure you contacted JRS at their registered office address in London?
It sounds like you have contacted the registrars for JRS. The registrars will not be able to answer any of these questions. You need to contact JRS to get the answers about ADRs/GDRs or dividends
The JRS annual report will give you the correct address and the correct phone number for JRS.
I contacted them a few weeks ago to ask about the conversion of the depository receipts and received the following reply
Thank you for your email.
Unfortunately, we do not have the information requested as we no longer administer the Investment Trust range at our office. In the first instance you would need to contact your current provider. Our records show that the majority of holdings were transferred to The Share Centre.
Alternatively, if you hold certificates for your investments, you would need to speak to the Equiniti who are the Registrars for Investment Trust holdings. In case you need it, we have provided contact information for Equiniti below.
UK callers: 0345 603 7037
International callers: +44 121 415 7560
Textel/ Minicom: 0371 384 2255
Address:
Equiniti
Aspect House
Spencer Road
Lancing
West Sussex
BN99 6DA
United Kingdom
If you have any questions, please call us on 0800 20 40 20 or +44 1268 44 44 70 from outside the UK. Our telephone lines are open Monday to Friday, 9am to 5.30pm.
Manfor, thank you for volunteering - let us know when you hear back
Instead of everyone just guessing if JRS have converted the GDR, and just guessing if JRS have received the dividends, why not just contact the company and ask?
Send them an email, or give them a telephone call, or send them a letter.
Highly irresponsible if they didn't convert to local. Many investors managed to do it themselves. Wasn't most of the stock held Moex anyways?
They have not said they have converted the GDR to ordinary shares yet but even if they have the dividends go into a special account set up for JRS