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Sberbank of Russia (AKSJF)

Other OTC - Other OTC Delayed price. Currency in USD
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2.95000.0000 (0.00%)
At close: 2:30PM EDT
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  • G
    Geronimo
    The Russian economy may lose 4 trillion dollars due to environmentalist steps.
    German Gref estimated that Russia could lose $4 trillion in exports by 2050 due to reduced exports of hydrocarbon resources and carbon reduction programs.
    https://www.haberler.com/sberbank-ceo-su-german-gref-rus-ekonomisi-cevreci-14236760-haberi/
  • B
    Bemo
    Clarification question for any Long-Term investors with Sberbank of Russia. LadaNiva or Gregory perhaps? I was doing some DD looking at the fundamentals, an was “shocked” when I noticed that Yahoo Finance had a ($977.58 - Book Value Per Share) listed for Sberbank of Russia. Is this value correct? That would make Sberbank of 🇷🇺, the most undervalued stock in the entire market. Thank You in advance for any of your help.
  • S
    Sir John T
    I've always tended to treat my holding of SBRCY as equivalent to a high-yield bond with an equity kicker. The divvy is a great payment while I hold and look for the company to deliver decent equity-based returns. Sber's move into e-commerce adds another positive.....and my thought is that, as their e-commerce arm gains traction, the P/E should also expand somewhat reflecting growing profit from those activities

    There's no reason why this stock shouldn't appreciate by a minimum of 10%++ annually over the next 3-5 years....plus my dividend adds another 6%+ to my return based upon my average cost of about $13.80. What's not to like?

    Anyone care to comment or critique my thesis?
  • L
    LadaNiva
    $100,000 invested in SBRCY yields about $7,000 per year. To get the same yield from the S&P 500, you need to invest approximately $466,000. At the same time the US dollar will be collapsing from what will soon be $50 trillion in debt (not including the $80 trillion in "off balance sheet" debt for Social Security, Medicare, Federal pensions and Military pensions.) while Russia has virtually no debt in relation to other major countries and maintains a close-to-balanced budget. Where would you invest your money?
  • S
    Sir John T
    I remain "intrigued" by SBRCY's commitment to transition from a standalone "bank" to an integrated "fin-tech" company. Management has done a great job with the bank and, on that basis alone, SBRCY shares remain at least 50% undervalued....a fair price being at least $23-25.
    Now with the move into fin-tech (admittedly with a smallish commitment initially....but more ambitious plans over the next 3-5 years) I think they have the opportunity to sell at a higher multiple of their future prospects.
    They'll never match AMZN but I think they can make a decent inroad and, on an overall basis, achieve perhaps a 2X-3X return in the next 5 years.....that would equate to a share price between $30-$45, all while continuing to pay out 50% in earnings in dividends.
    SBRCY is also a dollar play as the Russian economy, for all of its faults, is pretty sound and conservatively managed.
  • L
    LadaNiva
    This is still cheap despite the almost 40% run up in the last few months. I'm estimating (rough based on 3rd Q net income) next year's earnings will come in at around $2.50 per ADR ($0.62 per regular share). Since they'd indicated an intent to pay out 50% of income in dividends, that will translate into dividends on the ADR's of around $1.25. If I'm right, that will translate into a yield of 8.7% at the current exchange rate of 75 rubles to the dollar. Add the high likelihood of a much weaker dollar (the ruble could easily be up 20% or more against the dollar if oil and gas prices firm up a little more) and Sberbank ADR's could easily be trading in the mid-$20's in the next few months. Russia's debt to GDP is the lowest of any major country which, in my mind, says there's a lot of room for the ruble to move against the dollar and Euro since the US and European countries are debasing currencies faster than anytime in history with the explosion of debt.
  • S
    Sir John T
    If you apply a reasonable discount because it's a Russian bank, this stock is still a screaming buy. Looks substantially undervalued based upon ROE, ROA, book value....and other metrics. Plus, they are scheduled to continue raising their dividend payout through 2020 until they are paying out at least half of their earnings.
  • C
    ChipmunkPreacher
    will this stock ever see gains again?
  • S
    Sir John T
    No recent messages....so I think I'll start a thread.
    I've done quite a bit of work on SBRCY (as well as the opportunities in Russia).
    The bank has a stellar record of accomplishment over the past decade even with the sanctions and past slowdowns in the Russian economy.
    My comps were to some of the world's largest and better-known banks and this one came out as more than 50% undervalued---even after discounting the "Russia" factors.
    I'm expecting 13% growth in EPS for the next 4-5 years, a dividend that will grow faster than that and a closing of the substantial discount in its P/E ratio to my comps.
    Comments welcome !!!!
  • T
    Tim
    I just started following this stock. When would be a decent price range to buy in at iyo?
  • G
    Gregory
    on a typical day about 75 times more shares trade hands on the Moscow exchange verse New York. Today in Moscow SBER.ME is up 1% at 278 Rubles which is just shy of the February 2018 all time high of 280 Rubles. looks like a 'Cup with a Handle' is forming.
  • s
    steven
    Well seems just like there are only a few of us on this conversation but I doubled down on the stock today and have a cost average of 13.09. Wish you all luck and we get a rebound from these levels.
  • n
    na
    Moved part of my dividends received in August from OGZPY to SBRCY, dividends on dividends sort of thing :) Will hold long, and enjoy the dividends.
  • B
    BAGHOLDER HUMPER
    Contrarian play -- Russian bank with a good rep and good yield.
  • S
    Scrum
    Don't forget that Putin placed a 15 percent tax on foreigners dividends payout.
  • S
    Sir John T
    Added today. an irresistible bargain. Buy when there's blood in the streets. It's there now. In a year, this latest sanction issue will blow over and SBRCY will be north of $20; in three years, I see this stock north of $35 but still at a discount to top drawer world banks because of its domicile.
  • B
    BAGHOLDER HUMPER
    I can't help but LAUGH! A Russian bank is the BEST performer in my entire portfolio! Go figure!
  • S
    Scrum
    This stock seems to move up and down with the market. When will they pay the dividend?
  • C
    Curtis
    I'm out. Nice 46% gain over the last 10 months or so. Maybe I'll get back in someday if this drops again. I'm only getting out because I see some other opportunities that I like more, and it's not easy to find a lot of analysis on this stock.
  • p
    palm
    will this stock go up