Transneft, up – split of shares and attracting investors
"On 15.01.24, Transneft sent documents to the Central Bank of the Russian Federation for state registration of shares"
The split of shares will increase the availability of Transneft shares to a wide range of private investors, since the share price is 156 thousand rubles. (as of 01/18.24) does not allow it to be included in a portfolio with a share of 5-10% of assets (for most portfolios - up to 1 million rubles).
TAKE PROFIT
The company's shares are on a growing trend and have broken through the upward resistance that has been forming since June 2023. The expected movement by the value of the previous dimension implies reaching the levels of the highs of 2021.
In our opinion, we should expect the company's shares to move to the level of 180,000 rubles (+16% of the current price of 154,700 rubles).
STOP LOSS
Do not forget about risk management and portfolio diversification. It is recommended to buy a share for no more than 8% of the account, since the company is a monopoly, whose profit depends on the tariff set by the state.
The stop order[1] can be placed at the level of 148,500 rubles (-4% of the current price of 154700 rubles). If the price is fixed below 148,000 rubles, then the forecast for the growth of the paper is canceled.
[1] Risk management includes: setting a certain type of stop loss at certain levels, a position set method, a position reduction method, holding certain timings for decision-making and is of an individual nature, based on your personal risk profile. If you have any questions, you can contact our trader for advice (Portfolio Consultant package at the link https://eraperemen.info/priobresti/).
Disclamer. The analytics presented here are designed for people who have at least a basic understanding of the Russian financial market. If you have difficulties with the practical implementation of our recommendations, you can use the services of our specialists with the Portfolio Consultant package at the link: https://eraperemen.info/priobresti/
