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Thursday, March 03, 2022 12:02:27 PM
1. Russia National Wealth Fund (NWF) plans to spend $10 Billion on buying shares of Russian companies
2. NWF owns 3 trillion roubles of Sberbank shares
3. NWF owns 279 billion roubles worth of preferred shares at a number of banks
4. LUKOY CEO said they will be buying back their shares worth $2 - $3Billon. I expect SBRCY to buyback shares to normalize/prop up share price
5. Expecting cease fire talks to result in cease fire
Once cease fire is achieved, I expect ALL Russian stocks to rebound.
Recent LUKOY News
- Mexico's Carso to Acquire Stake in Offshore Oil Fields • Dow Jones News • 12/19/2023 12:26:00 PM
Glidelogic Corp. Becomes TikTok Shop Partner, Opening a New Chapter in E-commerce Services • GDLG • Jul 5, 2024 7:09 AM
Freedom Holdings Corporate Update; Announces Management Has Signed Letter of Intent • FHLD • Jul 3, 2024 9:00 AM
EWRC's 21 Moves Gaming Studios Moves to SONY Pictures Studios and Green Lights Development of a Third Upcoming Game • EWRC • Jul 2, 2024 8:00 AM
BNCM and DELEX Healthcare Group Announce Strategic Merger to Drive Expansion and Growth • BNCM • Jul 2, 2024 7:19 AM
NUBURU Announces Upcoming TV Interview Featuring CEO Brian Knaley on Fox Business, Bloomberg TV, and Newsmax TV as Sponsored Programming • BURU • Jul 1, 2024 1:57 PM
Mass Megawatts Announces $220,500 Debt Cancellation Agreement to Improve Financing and Sales of a New Product to be Announced on July 11 • MMMW • Jun 28, 2024 7:30 AM