Chinese stocks continue to fall. I bought Alibaba for 14 100 rub. at the time of this post stock already worth it 11 756, ie. on 16,6% below. The reason for this is the ongoing pressure from the Chinese authorities. ?? to the #financial market of your country, including the IT sector. The authorities continue to issue statements about tightening controls in economic sectors. The media add horror, Tell, that big funds are selling Chinese stocks, for example, George Soros Foundation.
Horror, panic and bloodshed in the Chinese market ?? - does not resemble anything? Reminiscent of Baron Rothschild's expression: « Buy, when the streets are bleeding, even if it's yours ". I buy wisely and don't catch falling knives ? The next purchase level is 10 000 rub. according to the #Alibaba promotion, although it is still very far away.
One of the main news of the week was the publication of the minutes of the #FED meeting ?? According to him, the minimization of incentives (ie. buying back assets and printing dollars) may come by the end of the year. On this news #S&P500 crashed as always, because he, like a drug addict, who needs a dose, needs incentives for further strong growth ? But in fact, it's high time to get off this needle., I think.
Due to the decrease in the S index&P500 our #MosExchange index also fell slightly this week, although in the middle of the week it reached an all-time high of 3 949,07 points ? By the end of the week by index -1,04%. My # portfolio, as in the previous few weeks, outperformed the index in terms of profitability and decreased only by 0,55%. Surely you guessed due to what action this happened.
If earlier my portfolio was moved up by shares of Nizhnekamskneftekhim, then now Raspadskaya's shares have come to the fore For a ⛏️ week, its shares have increased 22,5%, and on Friday they grew by 27,5%. The reason is, what was the report for 1 half a year 2021 for the first time taking into account the merger with Yuzhkuzbassugol ? The expected revenue is higher in 2 Times, than a year ago, and there is also a significant increase in profit. All this could have been predicted back in the fall., when the news about the merger of coal companies first came out, what I wrote about then, By the way, in the post "Raspadskaya".
Thanks to positive outlooks, I kept Raspadskaya shares, although I did not expect such a rapid growth. I thought, well, since two comparable companies merge, then everything should grow into 2 Times ? Before the merger, the shares were worth about 110 rub., so forecasts for the stock were about 220 rub. But now management has announced incredibly high dividends for 23 ruble per share ? Previously, dividends were only 5 rub., so I was counting on 10 rub. due to double growth. Quite possible, that stocks are entering an overheating phase.
Most other stocks are declining this week, hence the overall negative result as the Moscow Exchange index, and my portfolio ? The oil and gas sector is falling (except Bashneft) due to the recent decline in oil prices. Brent hits low since May with no apparent negative reasons. It makes sense to consider oil workers ? as bidders for the purchase, especially Tatneft, who will announce dividends next week. If there are any surprises, as with Bashneft, then there will be an increase in shares.
