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6th Nov '17 by harrymunro

5 comments 3547 reads

So Globaltrans Investment seems on paper to be a fantastic company, with really strong value, quality and momentum scores. I can't find any research or discussion around this company though, and it's not like it is small with a market cap of £1.23bn.

Does anyone know what might be wrong about this investment and why it appears so undervalued? Does being a Russian company put investors off?

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About the Author

Harrymunro

Premium Member

5 comments

Rusty2

6th Nov '17

Can't even buy it through my broker. Seems a bit dodgy, you say russian? I thought it was Cyprus company listed in London.

harrymunro

6th Nov '17

Interesting that you can't buy. Just checked with my broker too and same problem.

Well perhaps technically not... but they are operating in Russia and the entire executive team have careers built in the Russian railway industry. I presume the registration in Cyprus is for tax purposes.

From the website:
"Focused exclusively on the freight logistics sector in Russia, the CIS and the Baltic states, Globaltrans brings sophisticated rail transportation solutions to its clients in the metals and mining, oil and gas and other industrial sectors."

ls2g08

6th Nov '17

I tried to buy also can buy outside an ISA, however it does have quite high sanction risks.

Will Marsh

2nd Jan '18

Only just seen this

I've had some for a while, which I bought through a broker. I have been slightly concerned that the market generally is quite toppy and for the last few years have been buying out of the GBP into (boring) foreign companies with good fundamentals and so far doing ok. I have also bought Schloss Wachenheim, EUZ, Raute and UPM on a similar investing logic.

I believe Glbaltrans have been public since 2008 so with a good stockrank I though I would give it a go. I may put more this year into all these companies so interested to hear fellow readers thoughts

autonomatt

5th Jan '18

Can't buy it through my broker either. @herbie47 it's based in Cyprus but if you look at the names of the directors, most of them sound Russian. The words "money laundering" keep popping into my head. Just a gut feeling of course, but I'm sure other investors are thinking along similar lines.

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Harrymunro

5 comments

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