Comparison of Lenenergo, etc. with Bitcoin. Bubble? Since 2016, stocks have grown by 1000%
In 2016, Lenenergo Ave. shares cost 11.5 rubles, today they cost 127 rubles, such a profitability for such a short period does not bring any legal business in the world.
For comparison, Bitcoin since the summer of 2007 also increased by 1000%, but then fell by 85%.
How much and when may Lenenergo shares falletc? Or is it better on the contrary to crypto investors to buy Lenenergo Ave. shares instead of bitcoins, or in addition to cryptocurrency as part of the portfolio, since crypto needs electricity, and Lenenergo produces and sells it.
A report was released for 9 months. Net profit for 9 months amounted to 9.9 billion rubles. for the same period of 2018, PJSC Lenenergo made a profit of 9.1 billion. Profit for the year grew by only 8.5%, and shares for the year grew by 34%, where is the logic?
The balance of other income-expenses for 6 months. 19g = -1334 million rubles.
The balance of other income-expenses for 9 months. 19g = -3,308 million rubles.
They hid part of the profit in reserves. On Monday, the prefs of Lenenergo go down?
Estimated dividend for 9 months. 2019 = 10.68 rubles
Lenenergo financial statements for 9 months of 2019. s3-eu-west-1.amazonaws.com/upld.lenenergo.ru/iblock/fe3/fe3ca06974dd0128e679723ff8651471/Otchet-o-finansovykh-rezultatakh-9-mesyatsev.pdf
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