Mechel Open Joint Stock Company (MTL)
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- General Discussion on MTL
- Russia Looks Better on Paper Than in Real Life [view article]
- Mechel: The Strength of Russian Steel [view article]
- Hedge Fund Manager's Notebook: Blood on the Streets - Buy Russia [view article]
- 41 Stocks Returning 10% or More Last Week [view article]
- Mechel: Things Are Looking Up [view article]
- Mechel Ruling is Good News, Contrary to Recent Headlines [view article]
- Mechel Trouble Spells Buying Opportunity for Gazprom [view article]
- Mechel: Huge Upside - But Not for the Faint of Heart [view article]
- Let's Get Greedy with Mechel Steel [view article]
- Mechel Should Bounce on Russian Deputy P.M.'s Comments [view article]
- Russia Nyet! Cramer's Lightning Round (7/28/08) [view article]
- Mechel: Putin’s Remarks Create Opportunity for an Attractive Volatility Play [view article]
loading ...Recent MTL Articles
- Mechel: The Strength of Russian Steel
- Russia Looks Better on Paper Than in Real Life
- Hedge Fund Manager's Notebook: Blood on the Streets - Buy Russia
- 41 Stocks Returning 10% or More Last Week
- Mechel Ruling is Good News, Contrary to Recent Headlines
- Mechel: Things Are Looking Up
- Mechel: Huge Upside - But Not for the Faint of Heart
- Let's Get Greedy with Mechel Steel
- Mechel Should Bounce on Russian Deputy P.M.'s Comments
- Mechel Trouble Spells Buying Opportunity for Gazprom
- Full List of Articles »
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Russia Looks Better on Paper Than in Real Life [view article]
LETRX is an open-end (and load) mutual fund, not an ETF. So far as I know, RSX is the only ETF available (and a pretty good deal when Russia is going up). There is no inverse Russia fund except EEV, an ETF that tries to return twice the the inverse of EEM (i.e. all emerging markets based on the MSCI index). (Also EUM tries to return the inverse of EEM, but since the expenses are about the same it is smarter to put half the amount in EEV and keep the rest in cash.) Keep an eye on ProShares, Rydex, and Drexion, though, to see who comes out first with an inverse Russia fund. ReplyRussia Looks Better on Paper Than in Real Life [view article]
LETRX is an open-end (and load) mutual fund, not an ETF. So far as I know, RSX is the only ETF available (and a pretty good deal when Russia is going up). There is no inverse Russia fund except EEV, an ETF that tries to return twice the the inverse of EEM (i.e. all emerging markets based on the MSCI index). (Also EUM tries to return the inverse of EEM, but since the expenses are about the same it is smarter to put half the amount in EEV and keep the rest in cash.) Keep an eye on ProShares, Rydex, and Drexion, though, to see who comes out first with an inverse Russia fund. ReplyMechel: The Strength of Russian Steel [view article]
In the chart above you circle the purple area with the words Stainless Flat. According to the legend, that purple should be Rebar, while Stainless Flat in gray is 4%. What's going on? ReplyMechel: The Strength of Russian Steel [view article]
I bought in at 21. The stock is ridiculously cheap now. In a few years the world economy will have recovered and commodities will be in a new upward leg. Also, Russia and the West need each other, and the current troubles will blow over. One last thing, this is no new Yukos. The latter had a CEO with political ambitions, and that's what did him in. ReplyMechel: The Strength of Russian Steel [view article]
Very well presented research. While there is no such thing as a sure thing on Wall Street, this is close. ReplyMechel: The Strength of Russian Steel [view article]
If only the Russian government were not so stupid! ReplyHedge Fund Manager's Notebook: Blood on the Streets - Buy Russia [view article]
"somebody ought to figure out how much russia defaulted on monies owed since ww1"-Very little. The major default was in 1998, with the help of seven years' worth of yankee "advice" on restructuring their economy. After Putin came to power, the country paid back all debts ahead of schedule in 2003 and is now a net creditor.
"Russian population will be only
100 million in 40 years."
-Population projections indicate that the population will stabilize around 135 million within 5-10 years before starting to grow again.
"Europe only buys 25% of gas in Russia."
-No, you're wrong. Europe buys around 25% of oil from Rus and 40% of gas from Rus. Replacing both would be difficult, especially gas, because infrastructure doesn't exist. From what I hear, European customers (e.g. Germany) have good relationships with Russian suppliers. The only problems that crop up are in places where pro-American governments have been installed (Ukraine, Georgia, Poland).
-If you want to understand the mindset, you first need to understand that it's not business as usual. There's a long term goal over there of modernising and rebuilding the economy. That means that cash cow industries like the energy industry will be used to fund the whole process, preferably without foreign involvement (why would they want foreign companies sending profits out of the country if Russian companies can do the same projects and keep the profits within the country?). I agree with some posters that the mindset is a little strange - perhaps paranoid and oversensitive, and working with Russians can be a bizarre experience. The right approach is patience. The country has huge natural resources, a stable government, a highly educated population, and has made strong advances in IP rights, taxation reform, corporate law, etc. over the last twenty years. Even the CIA Factbook says so. I think much of the negative image in the Anglo-American world has to do biased media reporting, rather than actual events in Russia. I watch news channels from a dozen countries around the world and the only ones that inevitably portray Russia as evil, corrupt, repressive, etc. are CNN, Fox, and Sky. Don't let yourselves be brainwashed.
Reply
Russia Looks Better on Paper Than in Real Life [view article]
bigcharts.marketwatch....This is the best long term chart of the Russian market (TRF) going back 10 years. I was working in investment banking in London in 2003 when smart people I knew were catching on to this story (when TRF was $25/share). Today, those same people are telling me the party is over for now, but not specifically because of Russia, but simply the global macroeconomy is slowing down. I am a seller of Russia too, but not for micro reasons. If anything, Mechel (MTL) is looking like good value at $20/share. Everyone thinks it will get crushed like Yukos, but the owner (Zuzin) has no political ambitions. If the global economy improves, this stock should recover to $40-45/share. Reply
41 Stocks Returning 10% or More Last Week [view article]
Yet again you claim to have read my previous posts where I have stated this numerous times...MetroPCS. We don't sell data so not sure how I would be envious of a "startup" company that sells junk. Once we do start selling data I'm sure Sprextel/Clearwire will be something we talk about in passing...with quite a few jokes!I see you haven't denied working for Sprextel/Clearwire so we're all assuming that's why you're so defensive...good luck there bud! Reply
doesn't get
it
41 Stocks Returning 10% or More Last Week [view article]
Ops mgr. of what market...you obviously have network envy issues! Reply41 Stocks Returning 10% or More Last Week [view article]
Actually Ops Mgr. Dr. Ernest Simo is a well respected engineer & author of many books. He's a nationally recognized trainer in wireless technologies. As usual in all my responses to your uneducated posts, try doing some background research before posting crap...again, go back to work Sprextel/Clearwire sales puke! Replydoesn't get
it
41 Stocks Returning 10% or More Last Week [view article]
So you're a Cell Tech that gets his information from pamphlets, the internet, and youtube!!! HaHa!! ReplyRussia Looks Better on Paper Than in Real Life [view article]
Russia is a decaying shell of an economy. It is a total crap shoot to invest there, you are betting that corrupt politicians will make decisions in your favor if you do. ReplyRussia Looks Better on Paper Than in Real Life [view article]
Ultimately it all comes down to RULE OF LAW, and Russia has destroyed confidence in it. ReplyRussia Looks Better on Paper Than in Real Life [view article]
can any of the smart people figure out how much russia has defaulted on its loans since ww1?its your money.if you like russia put it there.i dont have the courage. Reply