PJSC Gazprom Adr. (OGZPY)

[cadillac107]

If this company was based anywhere else than Russia, and operated in more countries, I would share your enthusiasm. Thus, on paper, the fact that PJSC Gasprom has a monopoly in supplying gas in the Russian Federation, sounds good. However, what do you know about the credibility of the Russian Securities regulatory authorities as far as competency and honesty? What about this corporations accounting firm? How credible are they? What about currency risks? Have you examined the trend of the Russian ruble on world markets? After all, its the European market makers that determine the prices, far more so than the U.S. otc traders. And let us not dismiss the potential risk of possible nationalization of this company in the future.

My question to you then, is it really worth all the above risks in owning these shares? With so many fine U.S.and international mutinational corporations (B.P., Royal Dutch, Exxon, Oxy, etc.) holding energy interests all over the world, I personally don't believe it is. Nor do I believe the average reader of Investors Hub should subject himself to these inherent risks. The very fact that you are German and messaging this on a U.S stock chat board is very revealing to me as well.