Stock of the Bucharest Stock Exchange (BSE), of iFond Financial (IFR), as well as of SIF Moldova (SIF2) are among the Stock Exchange shares that stand to gain the most from the floatation of Fondul Proprietatea (Property Fund-FP).
For investors wanting to profit from FP listing, but who are not allowed to buy FP stock as long at the Fund is not listed, or who do not hold sufficiently large sums to buy stock on the "grey" market, BSE, IFR or SIF stock are likely to be the best alternatives.
BSE stands to gain the most in the wake of rising transactions on the market once FP is floated, while the fund managed by Intercapital or SIF Moldova, which this year bought over 1% in FP, are likely to benefit from the rising price of these stocks after floatation.
Many investors have already made these calculations and this can explain why BSE stock has jumped by over 60% since floatation, while IFR shares have been trading at 14% above the IPO price and why SIF2 has gained 19% since late May, while the rest of SIFs have stagnated.
Stock of the Bucharest Stock Exchange (BSE), of iFond Financial (IFR), as well as of SIF Moldova (SIF2) are among the Stock Exchange shares that stand to gain the most from the floatation of Fondul Proprietatea (Property Fund-FP).
For investors wanting to profit from FP listing, but who are not allowed to buy FP stock as long at the Fund is not listed, or who do not hold sufficiently large sums to buy stock on the "grey" market, BSE, IFR or SIF stock are likely to be the best alternatives.
BSE stands to gain the most in the wake of rising transactions on the market once FP is floated, while the fund managed by Intercapital or SIF Moldova, which this year bought over 1% in FP, are likely to benefit from the rising price of these stocks after floatation.
Many investors have already made these calculations
