Oh that’s easy, only VEON and CIB have american/ADR listings out of my portfolio holdings + recently discussed stocks.
And I actually bought more VEON yesterday, they are doing really well even in USD terms, digital services earnings growing like crazy in all their markets except temporarily in Kazakhstan. The reasons for them being discounted are fading away (debt situation very much under control now, Pakistan macro not a disaster anymore, Russia stain is in the past)
But otherwise, liquid ones with american/ADR listings are those where I have least of an edge, so don’t expect too many of those coming up! But if they do, yes I can mention it!
Nice write up. Fair play on the digging for the monkey company. That is wild!
appreciate any note in posts if\when any names ever have a liquid american\ADR listing.
(i realize ~95% will not)
Oh that’s easy, only VEON and CIB have american/ADR listings out of my portfolio holdings + recently discussed stocks.
And I actually bought more VEON yesterday, they are doing really well even in USD terms, digital services earnings growing like crazy in all their markets except temporarily in Kazakhstan. The reasons for them being discounted are fading away (debt situation very much under control now, Pakistan macro not a disaster anymore, Russia stain is in the past)
But otherwise, liquid ones with american/ADR listings are those where I have least of an edge, so don’t expect too many of those coming up! But if they do, yes I can mention it!
and of course your nice head-to-head direct comparison with kaspi !
also mention when negative , neutral views. thx.
This is another level of looking where others won't
Thanks for the write up)