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Freedom Holding Corp. (FRHC)

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Moderator: Orangeman3, love your neighbor , HMB2010, heidibrown, Supervisor
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Last Post: 11/21/2017 11:39:00 PM - Followers: 68 - Board type: Free - Posts Today: 0




Share Structure:

Authorized Shares: 500,000,000
Outstanding Shares: 48,537,233 (updated per TA on 11-14-17)
Restricted Shares: 47,176,447
Float: 1,360,786

A description of business (from the 10-Q 11/14/2017)

Freedom Holding Corp. is a Nevada corporation (“FRHC”) and was formerly known as BMB Munai, Inc. In 2015, FRHC entered into a Share Exchange and Acquisition Agreement with Timur Turlov (the “Acquisition Agreement”) to acquire several businesses owned by Timur Turlov in exchange for controlling interest in FRHC. As the acquisitions are completed these businesses have become operating subsidiaries of FRHC. FRHC is building an international brokerage, banking, and financial services firm to meet the demand of a growing number of investors in Russia and Kazakhstan that desire financial services integration and greater access to the financial opportunities, relative stability, and integrity of the U.S. securities markets.
Pursuant to the Acquisition Agreement, FRHC acquired FFIN Securities, Inc., a Nevada corporation, (“FFIN”) from Timur Turlov and controlling interest in FRHC was transferred to him. FFIN was established to create or acquire a registered broker-dealer in the United States. At the same time, FRHC began upgrading the financial reporting capabilities of its foreign acquisition candidates to meet the regulatory standards imposed upon FRHC as an SEC registrant and pursuing the governmental approvals to permit FRHC ownership of the acquisition candidates.
In June 2017, FRHC closed the acquisition of LLC Investment Company Freedom Finance, a Russian limited liability company (“Freedom RU”) as a wholly owned subsidiary, which included three wholly owned operating subsidiaries, including JSC Freedom Finance, a Kazakhstan joint stock company (“Freedom KZ”), LLC First Stock Store, a Russian limited liability company (“Freedom 24”) and LLC FFIN Bank, a Russian limited liability company (“FFIN Bank”). Freedom RU also maintains a representative office in Kazakhstan, referred to herein as “KZ Branch.” In 2017, FFIN decided to delay application for broker-dealer registration in the United States until such time as FRHC completes integration of its foreign operating subsidiaries.
Subsequent to the quarter end, in November 2017, we received final regulatory approval to complete the acquisition of FFINEU Investments Limited, a Cyprus limited company (“Freedom CY”) and closed the acquisition of Freedom CY on November 10, 2017. We also entered into an agreement to acquire LLC Freedom Finance Ukraine, a Ukranian limited liability company (“Freedom UA”), subject to receipt of required regulatory approvals.


Timur Turlov & Co...arrived in the USA for completion of acquisition  September 2017

Follow CEO Timur Turlov on Instagram!

On November 23, 2015, BMBM and Timur Turlov entered into the Acquisition Agreement, by which BMBM acquired FFIN, in exchange for 224,551,913 shares of BMBM’s common stock, which constituted approximately 80.1% of its 280,339,467 shares of issued and outstanding common stock after giving effect to such acquisition.

On June 29, 2017, BMBM closed the acquisition of LLC Investment Company Freedom Finance (Russia) (“Freedom RU”). The acquisition of Freedom RU included the securities brokerage and financial services business conducted by it in Russia, along with its wholly owned subsidiaries: JSC Freedom Finance (Kazakhstan) (“Freedom KZ”), and the securities brokerage and financial services business conducted by it in Kazakhstan; LLC FFIN Bank (Russia) (“FFIN Bank”), and the banking business conducted by it in Russia, LLC First Stock Store (Russia) (“FSS”), and the online securities marketplace it provides to Russian investors, and Branch Office of IC LLC Freedom Finance in Kazakhstan, (Kazakhstan) (“KZ Branch”) organized to serve as the representative office of Freedom RU in Kazakhstan.

November 6th, 2017 DONE!***Pursuant to the terms of the Acquisition Agreement, BMBM also has the right to acquire from Mr. Turlov 100% of the equity interests of FFINEU Investments Limited (Cyprus) (“Freedom CY”), and the securities brokerage and financial services business conducted by it in Cyprus. BMBM and Mr. Turlov are currently working with the Cyprus Securities and Exchange Commission to obtain necessary regulatory approval to transfer ownership to BMBM.

September 6th, 2017 A Reverse Stock Split (1:25) took effect.
October 11, 2017 Employee Incentive Program share dispersal announced.
November 14, 2017 10-Q  (Quarter ending Sept. 30, 2017)


FFIN proposes to conduct business as a U.S. securities broker-dealer and proposes to file applications to become a member of FINRA and a licensed securities broker-dealer with the SEC and applicable state securities commissions. $FRHC to up-list to the NYSE (Nov/Dec 2017 or Jan 2018).

 All Edgar Filings
OTC Markets Filings


*Freedom Finance will act as the underwriter AND market maker for the IPO of the Bank of Astana



Wikipedia Russia

Social Networks


Eastern Economic Forum   September 2017  Vladivostok, Russia

Kazakhstan/Cyprus Exchange Membership

Activity (volume ranking) KAZ

Ranked #1 2017

Activity (volume ranking) Moscow

           16 777 205 282     Ruble volume in November 2015

20 375 071 292    Ruble volume in July 2017


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Our Services

The experts at the Freedom Finance company have been engaged in investments in international financial markets for over 10 years. We offer you services in the investment industry. This is our lifetime project, and we know it inside out.
Discover new opportunities and invest with us in the top companies in the world!

*Brokerage services of exceptional quality and ability to trade on your own.

*Reliable access to trading on the world's major stock exchanges. 

*Asset management

*Smart technology in the asset trust management for those who want to discover new revenue opportunities.
Portfolios of dividend stocks, options strategies with limited risk, investing in gold or in the most technologically advanced companies in the world – just choose your investment strategy and entrust the work to the professionals. Balanced risk management and significant experience to ensure our clients' objectives achievement.

*The Freedom Finance Investment Company organizes access for qualified investors for trading of on the world's leading exchanges: NYSE (New York Stock Exchange), LSE (London Stock Exchange), European and Asian stock exchanges. The company's clients have access to more than 10 thousand various financial instruments - stocks of S&P500 and the world's leading companies, options, futures, corporate and government bonds, various investment funds (sector, index , margin, bond) and ETFs.




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FRHC News: Statement of Changes in Beneficial Ownership (4) 11/14/2017 05:21:10 PM
FRHC News: Amended Statement of Beneficial Ownership (sc 13d/a) 11/14/2017 05:21:09 PM
FRHC News: Quarterly Report (10-q) 11/14/2017 05:19:51 PM
FRHC News: Current Report Filing (8-k) 11/06/2017 05:08:11 PM
FRHC News: Current Report Filing (8-k) 10/11/2017 01:04:03 PM
#3102  Sticky Note Latest from the TA One O'Clock Drop 11/09/17 02:58:32 PM
#2778  Sticky Note 1 of 3 interviews where translation confirmed: HMB2010 10/13/17 02:34:04 PM
#2715  Sticky Note My TdAmeritrade Account updated Profile of FRHC At diversified holdings 10/12/17 02:51:03 PM
#2155  Sticky Note to ALL interested: I have posted a lot HMB2010 09/03/17 09:11:54 AM
#3369   $FRHC Munai Inc. ( $Pistol Pete$ 11/21/17 11:38:59 PM
#3368   Oh ok thanks. Seems to me like retireat51 11/21/17 08:25:47 PM
#3367   Normal day Wednesday, Friday the market closes at 1:00. Supervisor 11/21/17 08:18:17 PM
#3366   I think the chances are pretty high. retireat51 11/21/17 07:50:43 PM
#3365   I think we will hit $6 tomorrow. sublime740 11/21/17 07:45:31 PM
#3364   Very nice! Still more to come... Quintessence 11/21/17 07:32:48 PM
#3363   Another nice day! Let's keep these sustainable retireat51 11/21/17 06:10:50 PM
#3362   Your good! Nice volume, great day! Go HMB2010 11/21/17 04:23:17 PM
#3361   nice hit for sure.... The_Free_Nebula 11/21/17 04:13:02 PM
#3360   Nice close. Glad I added today. Thank you shanak10 11/21/17 04:03:47 PM
#3359   nice hit @ 52 week high. 3110k @ love your neighbor 11/21/17 04:01:02 PM
#3358   Nice churn day...volume relatively decent compared to avg...Let's The_Free_Nebula 11/21/17 03:36:52 PM
#3357   Is that your 2280 shares at $5.60? heidibrown 11/21/17 03:21:07 PM
#3356   I just picked up some shares at $5.64 shanak10 11/21/17 03:12:13 PM
#3355   for sure. stay with a winner. $FRHC love your neighbor 11/21/17 02:15:56 PM
#3354   So far he has the Midas Touch! HMB2010 11/21/17 02:10:45 PM
#3353   don't think is same figures but is quickest HMB2010 11/21/17 01:25:49 PM
#3352   Yes. 2 diff. Assyl KZ based HMB2010 11/21/17 01:15:17 PM
#3351   And he has 1,214 followers on Instagram. The heidibrown 11/21/17 01:08:46 PM
#3350   nice love your neighbor 11/21/17 01:03:51 PM
#3349   Here's a picture of their trading team on Instagram: Quintessence 11/21/17 01:03:02 PM
#3348   Are Assyl and Netrader two different entities? Is heidibrown 11/21/17 12:59:55 PM
#3347   riding TT's coattails to the mother load $$$ love your neighbor 11/21/17 12:39:15 PM
#3345   AGAIN, TT has accomplished his goal of being HMB2010 11/21/17 11:59:18 AM
#3344   Thank you heidibrown. Always with great DD's shanak10 11/21/17 11:58:44 AM
#3343   We have completed the consolidation of 100% of HMB2010 11/21/17 11:54:16 AM
#3342   nicely done love your neighbor 11/21/17 11:48:45 AM
#3341   NETTRADER!!!!! Thank you! heidibrown 11/21/17 11:43:51 AM
#3340   Links are in the i-box. If you follow heidibrown 11/21/17 11:41:08 AM
#3339   that is some good $FRHC DD. thanks love your neighbor 11/21/17 11:25:04 AM
#3338   And FFIN owns #14 so add those numbers HMB2010 11/21/17 10:47:41 AM
#3337   Nice find heidi! retireat51 11/21/17 10:37:33 AM
#3336   Well, while you guys figure the finance issues, heidibrown 11/21/17 10:27:53 AM
#3335   FRHC - Onward and upward in cycles...How many The_Free_Nebula 11/21/17 10:12:49 AM
#3334   LOL. love your neighbor 11/21/17 10:10:58 AM
#3333   Ha...If only... The_Free_Nebula 11/21/17 10:08:14 AM
#3332   I like it! My prediction is $30 Quintessence 11/21/17 09:49:36 AM
#3331   Not based on $FRHC's EPS. If the EPS love your neighbor 11/21/17 09:49:18 AM
#3330   So my 100.00 PPS prediction does not sound Orangeman3 11/21/17 09:43:07 AM
#3329   L2 very thin to $6 now. Won't Quintessence 11/21/17 09:37:08 AM
#3328   They voluntarily withdrew their application I believe Jan HMB2010 11/21/17 07:41:47 AM
#3327   I had to redo my calculations- EPS at love your neighbor 11/20/17 11:27:38 PM
#3326   Sounds good love your neighbor 11/20/17 11:22:25 PM
#3325   Makes sense love your neighbor 11/20/17 11:15:12 PM
#3324   There is no one or the other... FA The_Free_Nebula 11/20/17 10:50:42 PM
#3323   I was bullish with the same thinking at Chronic The Hemp Hog 11/20/17 10:50:10 PM
#3322   My pps analysis is not a function of love your neighbor 11/20/17 10:45:00 PM
#3321   Numbers don't lie.... But the steady volume simply The_Free_Nebula 11/20/17 10:19:11 PM
#3319   Ambitious but I will take it The_Free_Nebula 11/20/17 05:09:21 PM
#3318   They are working late... Quintessence 11/20/17 04:29:36 PM