Stock market speculators risk not getting their money back.

Figure 1.

The possibilities for paying dividends are quite modest.

Figure 2.

It looks like the M2 monetary aggregate looks down. Perhaps the Central Bank's key rate will go there too.

The company has a quite correct valuation on the stock exchange.

Magnitogorsk Iron and Steel Works is clearly not in a good mood.

Sberbank's investors are very optimistic about the company.

They evaluate the stock based on the best slope angle of the linear approximation.

Figure 1.

But it's worth remembering that growth is always limited by investment potential.

How can this be described?

Physically, any movement always has two vectors: an active kinetic motion vector and a passive potential motion vector ... Читать дальше »

Returning to MTS, how the stock exchange evaluates its share depending on sentiment and expectations.

Rosneft is too expensive on the stock exchange.

Investors do not like and do not know how to evaluate a company based on two vectors.

But there are always two of them - income and obligations.

One vector, which is income, is not a point for a complete assessment.

Figure 1.

MTS is getting worse and worse.

The company cannot pay the dividends it pays.

Figure 1.

Incomes are not growing as much as liabilities and equity has turned negative.

Figure 2.

Investors risk getting into big trouble here.

The company is in good condition.

All indicators move without sudden changes, and the dividends are stable.

Figure 1.

The quotes are predictable, and it is quite suitable for trading.

Figure 2.

Unipro investors have little chance of receiving dividends before the 31st year.

Figure 1.

Thus, the task is to somehow evaluate the company without dividends.

And here, in my opinion, there are two options.

Use a strict FCF, which should be linearly approximated and extended for the next seven years.

Or use a simple arithmetic average of the normal free cash flow line for past years a ... Читать дальше »