Molson Hart

Anyone have an opinion on Russia investing? The oil majors pay 10%+ dividends and are growing. Considering they're actually paying shareholders, it doesn't seem like a scam. Stuff like $SNGSP seems absurdly cheap.

What’s the yield? Basically with Russia the game is: Can I get money back before they nationalize or stop paying foreign shareholders etc

For example, this company owns 90% of Russia's pipeline, a robust monopoly business. Trades at 5 times earnings. US ones seem cheap to me at 12 times earnings. And this has less debt: https://finance.yahoo.com/quote/TRNFP.ME?p=TRNFP.ME&.tsrc=fin-srch …

What’s there to study though? Like...the yields are good. You just pick a number out of the air and say that’s the percent chance they screw foreign shareholders. Run the math and you’re done.

Study how legit this is. It's been business as normal for a long time. I've heard Russia is uninvestable a couple times. But just because everyone says something doesn't make it so. I have to figure out the incentives of Putin, essentially?

You live in Thailand. All countries like that periodically fuck the foreigners. In a given year there’s a 5-10 chance if that happening. Can he do that with an oil company or pipeline? Sure. He can also turn off oil to Europe whenever he gets in a fight 10% yield, 5-10% chance

Thailand has % caps on how much stock foreigners can own. But they've never stolen the equity. I've thought of buying a couple companies, but I can't do it with my US broker account so it's not worth the effort. I understand the incentives in Thailand and would invest here.