Raiffeisen Bank International AG (RBIV)

11.88
-0.25(-2.06%)
  • Volume:
    5,598
  • Bid/Ask:
    11.85/11.88
  • Day's Range:
    11.88 - 12.22
  • Type:Equity
  • Market:Germany
  • ISIN:AT0000606306
  • WKN:A0D9SU

RBIV Comments

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All Comments

(9)
  • Yesterday, the Citigroup induced Flash Crash day, RBI reached 10.29€. Quite strong knowing that it is one of the main banks affected by Russian-Ukraine crisis
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    • And today broke 10€ down to 9.96€. If Russia keeps threatening about gas, inflation keeps increasing, consumption/demand decreases and RBI thinks about divesting its Russian assets one more time, it will get under 10€ level once again.
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      • Russia already cut gas distribution to Poland and Bulgaria. Euro is at 2017 minimums. China is macroconfining its population. What else could go wrong?
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    • RBI may close the gap today at 11.72€. Intensifying pressures from Russia-Ukraine war may lead the bank to close its $12bn russian assets and maybe sell them at a bad price. Next levels are 9-10€ until we get fresh news about RBI's decision on Russian assets
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      • And 30 minutes later closes it. I still don't know how haven't I become Warren Buffet Junior yet.
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    • I am interested in buying RBIV but looking at the monthly chart, it could go to 8.70  (I  hope not)  It will all depend on how the war ends
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      • War won't end
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    • Today RBI is reconsidering its exit from the Russian market and it's plunging 6.18%. if it finally gets out, we could resch 10 and 9€ level. 7.20 was an estimation in case the company bad sold its assets but if the war ends before Fall 2022, I don't think it will go under 9€. Putin is playing with investors saying: now diplomacy talks are good and now are bad. If he ends this war, Raiffeissen would go up again. in the meantime, it may keep falling
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      • RBI had assets worth €11.96bn at the end of last year (Reuters). From 28.5€ on Feb 10 to 12€ today, it has "only" lost 5bn. If RBI was to divest itself of Russian business, we already heard how Chelsea club from oligarch Abramóvich was "bad sold". We could easily expect those €12bn russian assets could be bad sold as well, with proceeds amounting to maybe 5bn (around -60% hypothetical loss on Russian assets)? Then we could conclude that RBI, would still be losing 2bn more in market cap in the future. Therefore, target price could be around 7.20€ (28.50€ level market cap – 7bn loss Russian assets) to buy a €2bn-valued bank that no longer has Russian assets.
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        • However, should the war stop and those russian assets maintained, RBI could easily jump to 20€ level again. But this scenario is highly improbable in the near term and rumors about the bank disengaging russian business escalate the tensions to continue falling without pause.
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      • I think tomorrow, beginning of March, will crash again due to technical although monthly speaking, it may try to do a doji candle and change momentum. But maybe this week retests 12€ pandemic crash level
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        • Interesting, I'd consider 12€ as a buying opportunity. On the other hand the situation is currently chaotic.
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        • Yes, and besides it has suspended the 2021 dividend. So no payment this year and we would have to wait until 2023 to possibly receive something. I don't understand, with current dividend payout at around 25%, was it really necessary to suspend it? Maybe they were pressured by big fishes and wanted to get their confidence back.
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        • With suspended dividend, it would be not strange to see how it keeps tumbling even below 10€ level. I'm not sure what would I consider a buying opportunity, but it could test 8.8-10 level if Russia gets to touch Kyiv. Remember that in the first half of 2021, Russia's subsidiary accounted for 31% consolidated pre-tax profits, although that's down from 47% same period in 2020 (Moody's).
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      • Mega crash tomorrow 😊
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        • Yes, due to Swift fear today it's plunged already -18%- It has 18% of consolidated equity exposed in Russia and 11.5% of loans in Russia,2.2% Group's loans in Ukraine and 2.5% Group's consoliddated equity in Ukraine
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      • why?
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        • Has a lot of business in Russia and Ukraine
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        • *had
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