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Freedom Holding Corp. (FRHC)

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Last Post: 4/19/2018 5:27:45 PM - Followers: 69 - 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 (Spring 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.




Current Price
Bid Ask Day's Range
  • 1D
  • 1M
  • 2M
  • 3M
  • 6M
  • 1Y
  • 2Y
  • 3Y
  • 5Y
FRHC News: Current Report Filing (8-k) 03/08/2018 04:40:58 PM
FRHC News: Statement of Changes in Beneficial Ownership (4) 03/06/2018 03:32:46 PM
FRHC News: Quarterly Report (10-q) 02/14/2018 03:45:05 PM
FRHC News: Statement of Changes in Beneficial Ownership (4) 12/11/2017 04:31:22 PM
FRHC News: Current Report Filing (8-k) 12/11/2017 04:23:37 PM
PlusOneCoin Top Posts
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#4932  Sticky Note Freedom Holding attracted more than $ 40 million HMB2010 03/22/18 02:23:34 PM
#4096  Sticky Note Wh Supervisor 01/14/18 01:21:17 PM
#3497  Sticky Note Freedom Finance hopes to raise $100 mln from Supervisor 11/29/17 04:49:59 PM
#3102  Sticky Note Latest from the TA One O'Clock Drop 11/09/17 02:58:32 PM
#2155  Sticky Note to ALL interested: I have posted a lot HMB2010 09/03/17 09:11:54 AM
#5147   I'm confident it will go up again. Quintessence 04/19/18 05:27:45 PM
#5146   Yup. When? I’m outta guesses. Just HMB2010 04/19/18 04:41:39 PM
#5145   Freedom Finance on Wikipedia. I never noticed Quintessence 04/19/18 04:23:29 PM
#5144   Bottom line, this stock needs buyers. Can’t go sublime740 04/19/18 04:14:31 PM
#5143   "Correction is done" - would not jump the The_Free_Nebula 04/19/18 04:05:11 PM
#5142   right? more good figures including FFIN Bank! HMB2010 04/19/18 04:04:08 PM
#5141   All the banks are posting great earnings. crazytrader 04/19/18 02:56:09 PM
#5140   Participating "Man of the year" event at Tyumen, Quintessence 04/19/18 10:45:44 AM
#5139   so much for new trend... HMB2010 04/19/18 06:35:42 AM
#5138   Yes it is. Zero volume so far. Quintessence 04/18/18 12:32:22 PM
#5137   Slow day... sublime740 04/18/18 12:31:04 PM
#5136   nice->Today we received first in 2018's issue N1(11) love your neighbor 04/17/18 05:46:52 PM
#5135 shanak10 04/17/18 03:41:09 PM
#5134   agree love your neighbor 04/17/18 11:33:50 AM
#5133   I have faith his hard work will pay HMB2010 04/17/18 10:47:32 AM
#5132   No doubt he is passionate about his plans HMB2010 04/17/18 10:46:29 AM
#5131   Sweet. Hard work pays off $$$ $FRHC $$$ love your neighbor 04/17/18 08:56:59 AM
#5130   IG: Now at Moscow, working hard at our office. Quintessence 04/17/18 08:53:46 AM
#5129   Agree $$$ love your neighbor 04/16/18 06:56:11 PM
#5128   Not too shabby for our lil penny stock. HMB2010 04/16/18 06:43:03 PM
#5127   yep. quarter million dollars- mostly all buys $$$ love your neighbor 04/16/18 04:59:03 PM
#5126   That is pretty amazing. Mostly buys. Quintessence 04/16/18 03:24:47 PM
#5125   For sure. Would be nice to see crazytrader 04/16/18 03:19:44 PM
#5124   It seems like there Is a buyer/seller that The_Free_Nebula 04/16/18 01:33:44 PM
#5123   I’ve gotta think the price is being held sublime740 04/16/18 01:04:42 PM
#5122   Hope is a start to new pattern of HMB2010 04/16/18 12:55:36 PM
#5121   Nothing traded below $7 so far, though the Quintessence 04/16/18 11:05:07 AM
#5120   the volume is great but the trading is The_Free_Nebula 04/16/18 11:02:22 AM
#5119   Heavy volume this morning. sublime740 04/16/18 11:01:45 AM
#5118   Good analogy! I'd love to see FRHC Quintessence 04/16/18 10:23:14 AM
#5117   1 USD = 329.208 Tenge The_Free_Nebula 04/16/18 10:02:06 AM
#5116   17,500,000,000 Kazakhstani Tenge = 53,200,000.00 US Dollars! Quintessence 04/16/18 09:59:54 AM
#5115   interesting The_Free_Nebula 04/16/18 09:58:49 AM
#5114   Huge numbers TT is putting up now! HMB2010 04/16/18 09:57:34 AM
#5113   Oh right, the official switch from Scotturd to HMB2010 04/16/18 09:49:47 AM
#5112   So far, so good. Dow futures rise Quintessence 04/16/18 09:19:12 AM
#5111   Pretty sweet $$$ $FRHC $$$ love your neighbor 04/16/18 09:17:43 AM
#5110   Joining JSC "Asyl-Invest" to JSC "Freedom Finance" Quintessence 04/16/18 09:12:28 AM
#5109 shanak10 04/16/18 06:47:09 AM
#5108   Praying and hoping that this whole affair de-escalate quickly. crazytrader 04/15/18 03:24:23 PM
#5107   I hope you are right. Russia is still shanak10 04/15/18 01:40:35 PM
#5106   I agree, no escalation or retaliation since Friday HMB2010 04/15/18 08:43:36 AM
#5105   It is not.... American Russian roulette was and The_Free_Nebula 04/14/18 03:46:07 PM
#5104   Oh yeah, that little thing... not sure how Quintessence 04/14/18 11:45:06 AM
#5103   Just the state of world affairs right now. HMB2010 04/14/18 11:34:11 AM
#5102   Care to share Quintessence 04/14/18 11:22:24 AM
#5101   Well, next week should be pretty interesting. For HMB2010 04/13/18 11:34:36 PM
#5100   Painter is out of green ;-) crazytrader 04/13/18 04:10:29 PM
#5099   lets see if a buyer hits the ask The_Free_Nebula 04/13/18 02:33:52 PM
#5098   Nice volume today. Bid back above 7, and Quintessence 04/13/18 02:32:57 PM