6 Comments

I like your post! Yes, Globaltrans is way too cheap. But as a western investor it's almost impossible to buy the shares at the MOEX. Maybe soon at the Astana International Exchange (AIX) in Kazakhstan. Do you own the GDRs?

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I don't own the DR'S no. While it doesn't present an attractive opportunity my other positions offer even better risk to reward in my opinion.

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I linked to your post my weekly Monday emerging markets links roundup: https://emergingmarketskeptic.substack.com/p/emerging-markets-week-september-30-2024

Intriguing stock but I was confused about the listing/ticker/trading status e.g.:

GLTR.IL: https://finance.yahoo.com/quote/GLTR.IL/

GLTVF: https://finance.yahoo.com/quote/GLTVF/ / https://www.google.com/finance/quote/GLTVF:OTCMKTS

Globaltrans Invt 144A: https://www.google.com/finance/quote/38KH:LON

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Globaltrans plans to list on AIX, a stock exchange in Kazakhstan, as its sole international listing.

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now is not listed? how does one invests on the AIX?

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It looks like they are now listed on the AIX exchange and here are 3 brokers with access to that market.

Freedom Finance Global

BHM Capital

Al Ramz Capital LLC

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