Short Shots is a collection of technically vulnerable charts culled from the Negative Inflecting and Toppy columns within our Weekly Compass report or from various technical screening processes. The charts contained in this report have developed concerning technical patterns that suggest further price deterioration is likely. For these reasons Short Shots can also be a great source of ideas for investors interested in short-selling candidates.
n this product we rank the most positive and negative domestic stocks, filter the symbols by market-cap and trading volume, and then divide the companies into sectors and groups. We then manually look through charts leadership/changes, bottoms-up/top-down ideas, short-term patterns that may have long-term significance, etc. We believe you will find this product valuable as significant price and relative moves begin in the daily charts.
EME Equity Market – May 2022 Market performance – markets down mostly, as MSCI EM Europe Index declines 3.6%. The MSCI EM Europe Index fell 3.6% mom and 2.0% mom in EUR and USD terms, respectively, in May. The best-performing index was the Russian MOEX, which added 6.3% mom in EUR terms, but declined 3.7% mom in local currency. However, we note that, with the CBR ban on short selling and restrictions on international investors, as well various sanctions, this performance is not fully comparable ...
AT: Flughafen Wien - Q1 in line, very strong April traffic figures, potential guidance hike hinted with H1 results (positive) AT: UNIQA - EBT ahead of RBIe on better than expected investment income, strong combined ratio (positive) PL: PKO BP - Q1 22 bottom-line marginally ahead of expectations (neutral) PL: PZU - Q1 earnings slightly ahead of expectations on better than expected claims performance (positive) RU: Gazprom Neft - Gazprom Neft BoD recommends final dividends (positive) R...
HEADLINES: • Georgian banks: game on - banks are cheap (Bank of Georgia upgraded to BUY, TBC Bank Group stays BUY) • Bank Handlowy: posts huge turnaround in profitability in 1Q22 POSITIVE • Coca-Cola Icecek: 1Q22 - better than expected results POSITIVE • Banca Transilvania: 1Q22 results solid and on track to meet FY22E budget • Aygaz: 1Q22 results review - 44% NI beat, driven by Entek and Tupras • Motor Oil Hellas: deal with Ellaktor - strong expansion into RES • Public Power Corporation: i...
AT: AMAG - Q1 results in line with RBIe but above consensus, major cash drain from NWC, FY 22 EBITDA guidance of > EUR 200 mn heralds (expected) upside to estimates (neutral) AT: Andritz - Record order backlog, in-line results and guidance confirmed (positive) AT: Erste Group - Q1 22 net profit beating expectations / strong core revenues offset by higher opex and weak trading result / guidance for 2022 marginally tweaked upwards / CET1 drop should be only temporary (positive) AT: Oester...
MARKET COMMENT - RSPP PROPOSES STRIPPING MINORITY RIGHTS, EU AND US OFFICIALS CONSIDER MORE SANCTIONS AND EXPELLING RUSSIA FROM THE G20The Russian Union of Industrialists and Entrepreneurs proposed to the government to strip nonresident minority shareholders of their shareholder rights on a temporary basis, according to RBC and other sources. Top EU and US officials remarked that more sanctions would be considered Thursday. Equity trading remains suspended in Russia. STORIES> RSPP proposes to st...
КОММЕНТАРИЙ И ПРОГНОЗ - РСПП ПРЕДЛАГАЕТ ВРЕМЕННО ОГРАНИЧИТЬ В ПРАВАХ ИНОСТРАННЫХ МИНОРИТАРИЕВ, ЕС И США РАССМАТРИВАЮТ ВОЗМОЖНОСТЬ ВВЕДЕНИЯ НОВЫХ САНКЦИЙРоссийский союз промышленников и предпринимателей предложил правительству временно ограничить в правах иностранных миноритариев, сообщают РБК и другие источники. ЕС и США рассмотрят в четверг возможность введения новых санкций. Торги акциями на МосБирже по-прежнему не проводятся. НОВОСТИ> Цены на нефть после ралли начали стабилизироваться в предд...
Closures of European bank subsidiaries of Russian banks may result in payout events for European Deposit Guarantee Schemes. As these schemes are accrued by local banks, payout events are likely to lead to higher costs for banks in the country
MARKET COMMENT - GOVERNMENT MULLS BUYING MORE STOCK, MSCI EXPELS RUSSIARussian stocks remained frozen in Moscow and were mostly frozen abroad as well yesterday. The government is mulling tapping more of the NWF to buy Russian stocks. MSCI will expel Russia from global benchmarks, and ratings agencies have cut the market to junk status.STORIES> MSCI expels Russia from global and emerging benchmarks> GDP could decline by 10-15% in 2022> Weekly inflation surges to 0.45% over February 19-25> Basic s...
КОММЕНТАРИЙ И ПРОГНОЗПроизводство в базовых отраслях российской экономики выросло в январе на 1% по сравнению с предыдущим месяцем (с учетом корректировки на сезонную составляющую) после роста на 0,6% в декабре. Динамика улучшилась благодаря оптовой торговли и грузообороту транспорта. В период с 19 по 25 февраля потребительские цены в России выросли на 0,45% против 0,24% неделей ранее. Причинами, судя по всему, стали повышение спроса на непродовольственные товары, а также ослабление рубля, котор...
MARKET COMMENT - RDX DOWN MORE THAN IN 1998, MSCI RUSSIA THE MOST SINCE 2008 AS MOSCOW TRADING REMAINS CLOSEDWhile Moscow stock trading remains closed, offshore and composite indexes dropped another 6-57%. The RDX offshore DR index has now fallen 91% since its October decade-long peak, a fall sharper than that of 1998 or 2008. The government announced plans to support the market with share purchases, while capital restrictions and supply shocks have also been in the news.STORIES> Government mull...
КОММЕНТАРИЙ И ПРОГНОЗСегодня утром котировки Брент выросли до $111/барр., и, вероятно, поднимутся еще выше, хотя МЭА объявило, что страны ОЭСР скоординированно выведут на рынок 60 млн барр. нефти из своих стратегических резервов. После объявлений ВР и Equinor, сделанных ранее на этой неделе, еще несколько крупных международных нефтяных компаний сообщили о решении продать свой бизнес в России или выразили серьезную обеспокоенность сложившейся ситуацией.НОВОСТИ> Нехватка предложения начала сказыва...
Russia’s invasion of Ukraine has led to unprecedented dislocations of capital and resources, on top of human tragedies. The sanctions imposed, by the world’s key nations, on Russia, its politicians, institutions, companies and businessmen, as well as the counter-measures introduced by the Russian government, are wide-ranging and continue to be imposed on a daily basis. The most severe sanctions are related to the freezing of the CBR’s FX reserves, as well as the freezing of non-residents’ assets...
MARKET COMMENT - NONRESIDENT SECURITY SALES FROZEN; POSSIBLE RUSSIA-UKRAINE NEGOTIATIONS IN FOCUSThe RTS finished the week with a 33% decline to 937 and valuations at levels not seen since 2008 or earlier. This morning, the CBR froze security sales for nonresidents and delayed the opening of stock trading until at least 13:00 Moscow time. Negotiations scheduled between Russia, Ukraine and Belarus are the obvious focal point for markets, as well as any other news flow on market restrictions or sa...
КОММЕНТАРИЙ И ПРОГНОЗ - ЗАПРЕТ ДЛЯ НЕРЕЗИДЕНТОВ НА ПРОДАЖУ РОССИЙСКИХ ЦЕННЫХ БУМАГ; В ЦЕНТРЕ ВНИМАНИЯ ПЕРЕГОВОРЫ МЕЖДУ УКРАИНОЙ И РОССИЕЙИндекс РТС по итогам прошлой недели упал на 33% до 937 пунктов, рыночные оценки достигли уровней, которые не наблюдались как минимум с 2008 года. Сегодня утром Банк России ввел запрет для нерезидентов на продажу российских ценных бумаг и отложил начало торгов на рынке акций до 15:00 мск. В центре внимания сейчас, конечно, переговоры между Россией и Украиной, а ...
HEADLINES: • EME Macro/Strategy: forecasts guidance update • Erste Bank: very solid 4Q21, issues optimistic 2022E guidance and recommends 2021 DPS of EUR 1.6 • LiveChat Software: 3Q21-22 (calendar 4Q21) results - EBITDA up 15% yoy, 6% below the consensus NEGATIVE • Electrica: 4Q21 results review - deep losses reported NEGATIVE • Bittnet Systems: 4Q21 results review - 71% yoy EBITDA drop, 81% below our estimate NEGATIVE • AD Plastik: 4Q21 review - weaker than expected, and outlook uncertain NEG...
JSC VTB BANK (RU), a company active in the Money Center Banks industry, has received a double requalification by the independent financial analyst theScreener. Its fundamental valuation is now 1 out of 4 stars while its market behaviour can be considered as defensive. theScreener believes that the gain of a star(s) and an improvement in the market risk perception allows upgrading the general evaluation to Slightly Positive. As of the analysis date February 25, 2022, the closing price was USD 1.0...
HEADLINES: • MOL: prices, pumps, and polyol (upgraded to BUY) • TeraPlast: waiting for demand to boost margins (stays HOLD) • EME Macro/Strategy: forecasts revision guidance • Hellenic Petroleum: 4Q21 results - big beat on net income; EUR 0.4 dividend • MedLife: 4Q21 earnings miss on third-party costs and drug distribution NEGATIVE • Transgaz: 4Q21 results - better than expected on higher financial gains • Alro: 4Q21 results - better-than-expected net profit • Conpet: 4Q21 results - close ...
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