Mechel OAO (ADR)
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Get Ready for Russian Stocks to Launch Into Orbit
By Phillip Woolgar - April 22, 2013 | Tickers: MTL, MBT, VIP
The Russian economy is one of the top-four fastest growing in the world. As part of BRIC (Brazil, Russia, India and China), the nation is in an elite group, but the past few years have been disappointing. Many see the lows and decide to invest in other economies, or keep their funds domestic. I'm not criticizing them for doing so -- Russian stock values have plummeted by about a third more »
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Get Ready for Russian Stocks to Launch into Orbit
By Phillip Woolgar - April 17, 2013 | Tickers: MTL, MBT, VIP
The Russian economy is one of the top-four fastest growing in the world. As part of BRIC (Brazil, Russia, India and China), the nation is in an elite group, but the past few years have been disappointing. Many see the lows and decide to invest in other economies, or keep their funds domestic. I'm not criticizing them for doing so -- Russian stock values have plummeted by about a third more »
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Russia: Beyond Oil
By Nick Slepko - February 19, 2013 | Tickers: MT, MTL, MBT, TELNY.PK, VIP
Max Lutikov-Kurono was raised in Moscow, took his first job abroad in Morocco, got his MBA in Singapore while being the first graduate student from Russia at the NUS Business School. He later set up the first Russia-focused wealth management practice in Singapore. He is also a Director of Emerging Capital Group (a firm focusing on private equity investing in Asia's mining sector) and the Portfolio Manager of the more »
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The Global Steel King is Cheap
By Federico Zaldua - November 27, 2012 | Tickers: AKS, MT, MTL, TX
With the American economy still in recovery mode (2013 growth is expected to be 2.1%), a slower growth trajectory for the Chinese economy (2013 growth is expected at 8%), and Europe’s flirtation with a recession; steel companies have been through a tough period. Overcapacity, weak prices, and excessive leverage have been put pressure on the steel sector, but I think the worst is behind us.
As it’s more »
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4 ADRs Suffering From the European Plague
By Edgar Ambart - June 7, 2012 | Tickers: ALU, MT, VALE, MTL, TOT
As a value investor I always screen companies that are trading at a possible discount. When stocks fall below my quantitative valuation range, I pay closer attention to them. Take a look at Mechel OAO (NYSE: MTL), a $2.26 billion Russian metal and mining company that has lost almost 80% of its value in the last year. The largest Russian producer of steelmaking coal is also seeing weakness from more »
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Shining Value Gems Of Russia
By Edgar Ambart - February 16, 2012 | Tickers: MTL, VIP, YNDX
Russia has been on everyone’s mind lately as the potential for Iran’s crisis to escalate into a full scale attack can leave oil prices vulnerable. Since 20% of oil exports pass through the narrow Strait of Hormuz, it is interesting to see whether the big bear will take a neutral stance in the matter, due to crude being its largest exporting commodity.
According to Anastasia Ustinova of Bloomberg more »
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Rampant Corruption in Russia Hinders Stocks
By Arthur Pinkasovitch - January 27, 2012 | Tickers: BP, CTCM, MTL, MBT
Corruption in Russia is prevalent at all levels from public figures to wealthy oligarchs and especially within the law enforcement sector. For example, in the events leading up to the country’s predetermined election, Mikhail Prokhorov sought to run his campaign by pushing his own agenda (as long as it was not critical of Putin or Medvedev); when his plan deviated from the original arrangement organized by political puppet master more »