Jpmorgan Rus Share Price (JRS)

Since my comment early Jan when the price was 520p price has moved up nicely and is now 30p ahead at 550p, would be nice if continues at this rate. Lets see.

Been holding this for several years now and it has been through tough times but seems to be turning round.
Discount to NAV really ought to close providing a 10% capital gain.
The 4% dividend yield is pretty good and looks set to grow since it is well covered.
Anything positive in Russia should make total return of 20% in 2018 quite achievable.
Only downside is that the fund management costs are high

I tend to agree that some profits may be taken from the higher performing equity markets we have seen over the last couple of years and blue chip Russian stocks could benefit. Valuations are relatively low and whilst this Trust has a pretty concentrated portfolio I am hopeful that we will see greater interest in 2018. Downside risk is always the political dimension but if Putin can reign in his ego and avoid power grabs and cyber attacks etc. external investment may return. As Goldust pointed out an attractive yield and discount to nav could close fairly quickly if we see more days like today.

Russian stocks has been neglected over the last couple of years but things are turning round there quite swiftly and now could be a compelling place to invest.Other markets have had a good year but Russia has been left behind but could well catch up this year
J P Morgan Russian Securities offers a annual yield of 4% plus the opportunity to gain from any turnaround in Russian stocks.
It trades at a discount to assets of about 15%
Russian interest rates are falling and the country is improving its general performance,Putins relationship with Trump is good . World football cup is there this year plus probale re-elction as President this year. So lots going on to highlight Russia.
Am expecting stocks to move up on all this news and share price of JRS to move higher with a target of 20%gain including dividend by year end. But you never know,could be higher as I think that despite the press reports Russian relationships with UK & US are improving.

its because i av em! Makes no sense at all! My Dormouse (Dor) went up so maybe it was good Iaccidently bought more a few weeks ago! hahaha First time one went up that I tried to sell! hahaha What u been buying?