Petrograd Stock Exchange (PSE)

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Petrograd Stock Exchange


The Rus’ Tower in Petrograd is home to the Petrograd Stock Exchange (PSE)

Founded in 1800 in the then Kingdom of Samantra it is today the only stock exchange in the holy kingdom. Throughout its history the exchange has been through many challenges especially during the Sacred War (1914-1954) but has managed to remain active since its founding.

Today PSE is a symbol of Samantra's economy, over 500 companies trade on its platform with a total market cap of approximately 100 percent of the national GDP or 3.5 trillion roubles (usd).

Tens of millions of Samantrans invest directly or indirectly in the exchange via the mandatory private pension schemes making the exchange the focus of national attention.

[Markus]

The PSE week in brief #1


Umarov Shipyard, listed on the PSE, is expected to build Samantra's latest planned carrier so it was no surprise that its stock price surged 20% this week

The market had a good week ending up 5%. The government has made public the new proposed budget which provides significant increases in military spending estimated at 24 billion roubles (USD) with almost 50% of that going to acquiring new military equipment. Defense companies listed on the exchange had a very good week with prices surging up to 20% as they are expected to be the main beneficiaries of the acquisitions. This was especially true for Umarov Shipyard which will likely build Samantra’s latest carrier. 

News of the Petrograd Stock Exchange (PSE) beginning a strategy to attract foreign companies and investors on the exchange mainly from the Rus’ countries did not seem to have an effect on its price as the company ended the week down 2%. That was a sign that the optimism of the PSE board regarding the success of the strategy is not shared by investors.

The international news generally had a negative impact as investors watched with relative unease as the violence on Centralia have apparently escalated to the point of a civil war and Tytorian and Rokkenjiman forces seem to have prepared an intervention. Centralia’s relative isolation, significant distance from Samantra and no apparent intent by the current administration to intervene probably calmed at least part of the fears that the situation there could affect Samantra in any significant way. News from Midaranye where Queen Akasha issued a series of radical reforms that could lead to tensions among MidAranye states and affect the nation’s supply of oil, the death of the Lodjan Queen and the possibility of a prolonged war in Lodja continue to worry investors. That puts pressure on the secular administration to provide the public and Samantran businesses a trade deal as fast as possible but so far only news of potential sanctions being placed on the Heyran Republic is all the news released on the matter. Financial analysts say that Samantran businesses are starting to lose confidence in the ability of the current administration to handle foreign affairs.

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Information to shareholders: Umarov Real Estate Trust – Investment bid in Clysperis


Talya Samarin, CEO of Umarov Real Estate Trust

Umarov Real Estate Trust(URET), company listed on the Petrograd Stock Exchange (PSE), issues the following public statement to its shareholders:

According to PSE regulations requiring that we disclose any binding investment offers in excess of 1% of net assets, we inform the shareholders that the company has made a binding offer to the Setri Development Authority registered in the Kingdom of Clysperis for investment in the “The Ramses V Obelisk” that is currently under construction.

We will be informing the shareholders whether our offer has been accept or not but according to PSE regulations, should the Clysperi government exert the privilege of making the contract confidential, we will NOT make public the details of deal.

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Stocks tank as the largest confederation of trade unions declares general strike

The markets followed closely but in vain all public statements released by the Oak Palace (ooc: seat of the secular government) in the hope the looming political crisis will be avoided


Stocks had a rough time this week over the news that the largest confederation of trade unions in the country has announced a general strike. While the confederation has workers mostly public services and so far trade unions in the private sector have not joined the strike, investors feared public companies might nevertheless be affected and that there is significant risk that trade unions from the private sector might join in the coming days.

Talya Samarin, CEO of Umarov Real Estate Trust based in Petrograd, had this to say:

“The strike couldn’t come at a worse time for the administration. The new budget is running a significant deficit and it needs to finance that deficit through the issuing of treasury bills. They had planned to come to the Petrograd Stock Exchange to issue the first round of treasury bills for the year this week but they postponed for fear that the current political crisis will greatly increase the cost of financing. The only hope for the administration right now is that the courts will cancel the strike.” 
 
The overall market was down more than 8 percent for the week with few bright spots. Two of them were Umarov Shipyard(USI) which has won the massive 5 bln roubles (USD) contract to build Samantra's latest aircraft carrier and Umarov Real Estate Trust (REIT) which has a pending offer on the mega project Obelisk in Clysperis. While no new information has been released regarding the bid it would seem investors are hopeful of a positive answer. Both ended up by 5% and 2% percent respectively.

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Information to shareholders: L&K Auto– general strike announced


L&K Auto (LK) logo

L&K Auto (LK), company listed on the Petrograd Stock Exchange (PSE), issues the following public statement to its shareholders:

“Today production at all our three plants has been suspended following a general strike of our employees. Representatives of the trade union have issued a series of public demands regarding an increase in wages. We are extremely surprised at the development since the trade union was consulted over the proposed budget for 2022 and they agreed to it just two months ago. We are in close contact with them and we will seek to find a compromise that preserves the company’s ability to compete with other auto manufactures but also reward the invaluable work the employees put into making the products the Samatran people are so proud of.

We would also like to note that the planned general shareholder meeting for next month is canceled and will be rescheduled and the proposed budget for 2022 presented on the company website will need to be amended taking into consideration the impact of the current strike. We ask all shareholders to NOT make investments based on that proposed budget.

We will notify the shareholders, though the Petrograd Stock Exchange (PSE), of any major developments regarding the strike."   

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Information to shareholders: Umarov Real Estate Trust – Investment bid in Clysperis


Talya Samarin, CEO of Umarov Real Estate Trust

Umarov Real Estate Trust(URET), company listed on the Petrograd Stock Exchange (PSE), issues the following public statement to its shareholders:

We will like to inform our shareholders that we have withdrawn our investment offer to the Setri Development Authority registered in the Kingdom of Clysperis for the “The Ramses V Obelisk” that is currently under construction. The decision was made after careful consideration and in light of new public information that has become available.

[Markus]

Information to shareholders: Umarov Real Estate Trust – Deal reached in Clysperis


Talya Samarin, CEO of Umarov Real Estate Trust

Umarov Real Estate Trust(URET), company listed on the Petrograd Stock Exchange (PSE), issues the following public statement to its shareholders:

We will like to inform our shareholders that we have reached an agreement with the Setri Development Authority registered in the Kingdom of Clysperis for investment in the “The Ramses V Obelisk” that is currently under construction. The agreement sees URET acquiring 33 floors in the “The Ramses V Obelisk” in exchange for 200 million roubles (USD). The amount will be paid in lump sum as soon as the formalities for singing the deal are finalized.

OOC: See thread here and confirmed with Beatrice.

[Markus]

Markets hopeful that the worst of the political crisis has passed


The last couples of week proved difficult for investors


This week has seen the market calm down after the massive selloff in the previous week. The temporary suspension of most of the strikes by trade unions brought hope in the markets that the economy would not be affected to a great extent and fears of a recession subsided for now. Furthermore, the market was pleased with the news that a new Lodjan investment will see a new manufacturing plant for computer chips being built in Samantra, a sign that foreign investments in the country have not completely stopped. Analysts are hopeful that this Sunday’s referendum will lead to finally seeing an end to the political crisis.   



The market overall ended a mere 0.5% higher. A mention goes to Umarov Real Estate Trust (URET) which ended up 5% higher. The company’s stock went through a roller coaster ride this week with wide ups and downs as news came that the company had either canceled their investment in Clysperis only to end up finally signing a deal for the Ramses V Obelisk of Clysperis. The news didn’t stop there as new information released by Vinitsian authorities show that the government of Clysperis could have allegedly been involved in war crimes during the civil war raising great concerns that the kingdom of Clysperis could potentially face international sanctions and thus the whole real-estate project could be delayed or even abandoned. According to sources, there is a great chance that Talya Samarin, CEO of Umarov Real Estate Trust, will be fired in the coming weeks for the way she handled the deal. The company has also announced that it has applied to be listed on the Rokkenjiman Stocked Exchange as a secondary exchange with the aim to increase demand for its shares, to facilitate attracting capital for future expansions aboard and to increase its global footprint.

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Information to shareholders: Umarov Real Estate Trust – Deal reached in Mktvartvelo


Talya Samarin, CEO of Umarov Real Estate Trust

Umarov Real Estate Trust(URET), company listed on the Petrograd Stock Exchange (PSE), issues the following public statement to its shareholders:

We will like to inform our shareholders that we have reached an agreement with Forbedren Capital a public company registered in Unitary State of Mktvartvelo and listed on the Albrektberg Stock Exchange for the creation of a joint trust registered in the Unitary State of Mktvartvelo. The joint trust whose name has yet to be determined will be based in Albrektberg and will have a 200 million roubles starting capital. 120 million roubles/USD will be provided by URET and 80 million by our partners. The shares are split equally 50-50.   

Forbedren Capital is an investment firm in Mktvartvelo valued at 1.8 billion roubles/usd and has an excellent knowledge of the Mktvartvelon investment market. The joint trust will expand our opportunities in Mktvartvelo without diverging from the real estate sector where our company has valuable experience.   

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How Samantra dodged a bullet


As soon as Queen Akasha of Clysperis said before the Duma that "even then I proceeded to slash costs paid by Samantra for oil and gas supplied by the Kingdom of Clysperis" the market went up almost 8%- a testimony to the importance of Clysperi oil and gas exports for the Samantran economy


The past week has seen the Samantran market go form exuberance to panic and back up again as Rokkenjiman authorities stated their intent to sanction Samantra companies for complying with the Separation of Incomes Act. Panic spread to the markets and rumors have it that at least one major Samantran company considered firing all married women employees in order to avoid the Rokkenjiman sanctions. Fortunately for the markets, the sanctions were not approved by the legislature of the Rokkenjiman Empire and thus confidence in the markets was restored.

Not all news was bleak during the past week. A state visit from the Queen of Clysperis to Petrograd and state visit by the Samantran government to Royal Seleucid have raised hopes that a lucrative deal regarding oil and gas could be reached with the two major oil exporting nations. The Samantran economy is entirely dependent on important oil and the announced discount on Clysperi oil exports to Samantra have seen investors turn bullish on all stocks as they expect the Samatran economy as a whole to outperform expectations.

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The world has moved on



Minister Stas Petrov at one point in his speech said it is more appropriate to refer to the Rokkenjiman Empire as Little Rokkenjima to better describe its impact on Mundus.


Minister for trade, economy and finance Stas Petrov opened the exchange trading day. The opening was closely watched by millions of Samantrans who wanted to see what the impact of the announced Rokkenjiman sanctions were on the exchange and anticipate how the Samantran economy will fare in the future. While many were worried, the markets defied expectations and traded higher by more than 3% on a volume ten times the daily average and the highest in the last decade.


Minister Stas Petrov had this to say:

"Today we see clearly what happens when you stand up to Rokkenjiman bullying: absolutely nothing. The world has moved on. The Rokkenjiman Empire is becoming inconsequential to a fast changing Mundus."

Traders say the market was flooded with massive buy orders from the opening minutes of the trading hours with one trader explaining:

"Normally large investors are careful to not scare the market one way or the other and try to hide the size of their orders by dividing them into smaller ones. Today the opposite was true. The orders were huge and calmed the initial panic".

There is no way to know for sure who the buyers were but market experts have no doubt: "Orders of this magnitude could only be initiated by the Samantran Central Bank probably in conjunction with the private pension funds. It was a coordinated operation planned in advanced which shows the government expected the sanctions unlike the last time".

While the authorities do seem to have been prepared for this, as evidence from rumors which appeared in the news days ago it will remain to be seen what impact the sanctions will have on the Samantran and Rokkenjiman economies.

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The Petrograd Bears go public on the Petrograd Stock Exchange




The Petrograd Bears singing the national anthem before the beginning of the match


This week PSE celebrated its first sports team coming to the exchange as a public company. Petrograd Bears are the best ranked rugby team in the Holy Kingdom with millions of fans in the country. As rugby is the most popular sport in the country, it was no surprise that the listing drew interest from many Samantrans who wanted to own “a piece” of Samantra’s most iconic sports club.

     And the club did not disappoint its potential investors, the initial shares were subscribed in less than a day and once listed, the market capitalization of the company reached 500 million roubles/USD.

According to the spokesperson for the club, Petrograd Bears intends to increase its presence aboard and make the club more popular in other Rus’ countries and beyond. “Rugby is a very popular sport in Mundus and there are tens of millions of potential fans out there who we want to reach”.

Rurik Gusev CEO of PSE added that : “We are extremely pleased to see Petrograd Bears join the exchange, they are a valuable part of Samantra’s sports history and, more importantly, its future. Part of our assumed agenda is to make PSE the premier exchange of the Rus’ economic sphere by the end of this decade. So in order to achieve that we have started to approach all sectors of the Samantran economy and aboard to attract investors and interest and to have as many companies and sectors listed on the exchange. I am pleased to say that the Petrograd Bears is one very important step in that direction. “

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Information to shareholders: Umarov Real Estate Trust – Deal reached in Chistopol


Talya Samarin, CEO of Umarov Real Estate Trust

Umarov Real Estate Trust (URET), company listed on the Petrograd Stock Exchange (PSE), issues the following public statement to its shareholders:

We will like to inform our shareholders that we have reached an agreement with local authorities in Tartu, the kingdom of Chistopol for building a residential complex in the city of Tartu. The investment worth an estimated 100 million roubles/USD  will see the construction of a neighborhood developed over 2 hectares of land which will provide 15 thousand square meters of office space, 63 thousand square meters of living space in 850 apartments, underground parking and over 6 thousand square meters of green space. The tallest building will have 20 floors (aside from the ground floor).

The investment will benefit the local community as the project will be built on the site of a former soviet industrial complex with URET being responsible of removing the damaging pollutants in the area. We estimate the total construction time to be less than 18 months without taking into consideration the time allocated for the necessary permits from the local authorities and the central government.

We are excited for this opportunity and look forward to completing the project for the benefit of our clients, shareholders and the local community in Tartu.   

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Investors ditch Samantran banks as Rokkenjiman based Abstergo is set to enter the Samantran market


The future might be bright for Abstergo but it is not clear it will also be bright for our financial sector


The banks had a rough week as news came that the Abstergo Financial Group will enter the Samantran market. Some banks like the Rus’ International Bank (RIB) lost as much as 10% by the end of the week as investors feared that the massive Abstergo Financial Group, worth an estimated 900 billion roubles/USD and with close ties to the Rokkenjiman imperial family, will provide stiff competition to Samantra’s domestic financial sector.

One analyst working for RIB has said:

“Abstergo conglomerate is a massive company spanning several markets and well connected to the Rokkenjiman government. In fact the main shareholder in Abstergo is the Rokkenjiman imperial family. This is not a fair competition and the impression in Petrograd’s financial sector is that Rokkenjima first issued sanctions against Samantra so it can weaken us and then have an advantage in its expansion in Samantra.
Speculation or not, investors anticipate Samantran banks to lose market share on the domestic market to Abstergo and that rightfully worries them. Samantran banks are not staying idly however, they have already called to meet Minister for Trade, Economy and Finance Stas Petrov to express their concerns including the fact that sensitive data from financial transactions made by Samantran citizens could now find their way to Rokkenjima. The meeting is set to take place the day after tomorrow”.