To hurry – to underestimate Alrosa.

Currently the Russian Federation is preparing for the privatization of stakes in several companies, one of which is "ALROSA". Despite the fact that the market is planned to be offered a large stake - 10.9%, quotations of securities of companies will be under pressure in the near future and investors should not expect their significant growth this year, according to analysts and market experts polled by the Vestnik Zolotopromyshlennika.

However, if we talk about long-term prospects, the papers may add at least 50% of the cost. However, it is difficult to determine whether this is effect of privatization, which will lead to an increase in the free-float shares and an increase in weight in an index fund, or this will happen through the development of the company, growth in diamond prices, or due to the rouble exchange rate fluctuations.

Full text available to premium subscribers only.

Buy full access for 24 hours now

or

Request a quote to subscribe for a longer period

Oil and Gas, Metals and Mining, News from Russia and neighbouring countries
12 Northfields Prospect; London, - SW18 1PE; United Kingdom
E 51° 27.454518" S 0° 14.101236"

Theme by Danetsoft and Danang Probo Sayekti inspired by Maksimer