Russian Equities are at “Too Big a Discount” (CNBC)
Peter Elam Håkanssom, the chairman of East Capital, has appeared on CNBC to say that Russian stocks are trading at a discount despite there being quality companies in the country. In fact, the Russian stock market is down around 50% over the past three years, but Håkanssom believes Russian stocks have too big of a discount as there are some well managed and quality companies there plus a highly educated population. Håkanssom also believes in looking beyond the energy sector at, for example, Russia’s consumer sector and consumer stocks:
.
The video, Russian equities at ‘too big a discount’: Pro, can also be viewed on the website of CNBC.
Similar Posts:
- Russian Stocks Are Trading Cheaper Than Half of Their Book Net Asset Value (MT)
- Russia: Tread Cautiously Into 2021 (Wellington Management)
- Who Are Russia’s Middle Class? Some Facts and Figures (MT)
- Coutts CIO: Russian Stocks Now Appear Attractive (FE Trustnet)
- Russia Moves Up 11 Places in the Global Competitiveness Report (MT)
- Russian Stocks and the Ruble to Remain Under Pressure (Capital Economics)
- Emerging Market Debt: Russian Sanctions and a Possible U.S./China Trade War (Vontobel)
- Russians Are Fed Up – With America & Its President “Maximka” (NY Observer)
- Russia Consumer Confidence Falls in Latest Nielsen Survey
- What Crisis? Cashing in on Russia’s Middle Class Real Estate Boom (fDi)
- EXPLAINER: What’s the Impact of a Russian Debt Default? (AP)
- Jupiter’s Croft: If History Repeats Itself, Russian Stocks Could Double (FE Trustnet)
- FATCA Fallout: Russia’s #2 Bank VTB to Stop Servicing Russia-Based US Clients (MT)
- Old Russia Hands’ Poll: Where Will Russia’s Economy Be in 5 Years? (MT)
- In “Targeted Sanctions,” Putin Spanks Obama at a Russian Art Gallery (Reason.com)
Leave a Reply