11Mon·

Eastern European shares

Hello everyone,

In view of what is currently going on in Western Europe (debt crisis etc.), I wondered whether it wouldn't make sense to look beyond Western Europe.

Eastern Europe in particular shines with stable economic growth and up-and-coming companies.

I became particularly aware of:

ETFs:

$EAST (+0.95%)
$EPOL

Poland:

$DNP (+0.57%)
$BFT (+2%)
$PKO (-0.43%)

CZ:

$MONET (+0.36%)
$KOMB (+0.41%)
$EFORU
$CEZ (+0.18%)

Hungary:

$RICHTER (+2.94%)
$OTP (+1.95%)
$ANY (+1.2%)

Slovenia

$NLBR (-0.43%)
$KRKG (-1.06%)

I have long considered building up smaller positions here in order to diversify my portfolio.

What is your opinion on this?

21 Comments

Jan@leveragegrinding

11Mon

Very different depending on the country in my eyes. Eastern European countries have somewhat different conditions than a large Western European economy, for example, especially in terms of security and energy production. I don't see such huge opportunities in future technologies, but I could see potential in good, more conservative values (like some of the ones you suggest).

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Daniel & JA@dlgranadosm

9Mon

@leveragegrinding aren't you concerned by the trailing PE at 27 $CEZ (according to Yahoo Finance)?

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Epi@Epi

11Mon

I think your basic idea makes sense. As it is more of a macro view, I would also invest accordingly, e.g. $EAST or $EPOL. This saves you the individual research and the company risk.

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Valuise@Valuise

11Mon

@Epi thank you... I'll add the ETFs to the overview right away

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Dividendenopi👴@Dividendenopi

11Mon

@Epi thanks for the ETF 👍, there are some interesting dividend stocks, also in the petro sector. I want to switch Equinor by the end of the year at the latest

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TradingHase@TradingHase

11Mon

I have concerns about the governments, corruption and uncertainties in the countries.
It is certain that the economy in Poland, for example, is on the rise, but things can always change quickly. That's why I'm cautious.

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Pazzzi@Pazzzi

11Mon

I see a great opportunity for Poland, good economic growth, increasing stability. My Poland bet is $MBR 🇵🇱

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Alex@Alex_Invest95

11Mon

If there was an East WITH Russia I would be in immediately. It's a shame that no Russia ETFs are offered here

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JoniBaboni ✅.@BisInDieLetzteFussnote

11Mon

@Alex_DSZL95 What have you been smoking? The economy is on the verge of collapse and has completely switched to a war economy, absolutely not an option

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Valuise@Valuise

11Mon

@BisInDieLetzteFussnote Where did you get this information?

The Russian economy is doing well. Better than ours...

https://www.deutschlandfunk.de/wie-viel-wirtschaftlichen-druck-hat-russland-100.html

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JoniBaboni ✅.@BisInDieLetzteFussnote

11Mon

@Aktien-Investor Colleague, do your own research, but there are queues at the gas stations, hundreds of thousands of men missing who were reddened or wounded at the front and inflation is at 9%. Complete nonsense, no matter how you twist and turn the propaganda, the economy can't be doing well

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Chris@Multibagger

11Mon

I read another stock report today in which $DNP was strongly recommended. It may not be my sector, but it sounded interesting for those with conservative portfolios!

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DerDanner@Therapeut

11Mon

At $EAST, is this a display error by getquin? 90% USA share

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Valuise@Valuise

11Mon

@Therapeut yes... a display error due to lack of information (or something...) At justetf there is also no info on the composition...

but here: https://www.amundietf.de/de/privatanleger/products/equity/amundi-msci-eastern-europe-ex-russia-ucits-etf-dist/lu2090063160

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Plus@Plusline

8Mon

@Therapeut @Aktien-Investor I just stumbled across this as well. Does this mean that the ETF synthetically tracks the index via US tech stocks? That doesn't really make sense for a planned diversification.

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DerDanner@Therapeut

8Mon

@Plusline is a mistake by getquin, have a look on the internet for the ETF

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Plus@Plusline

8Mon

@Therapeut I have. It shows the composition of the index (Eastern European companies) and the composition of the synthetic ETF (Apple, Nvidia, ....).

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JoniBaboni ✅.@BisInDieLetzteFussnote

11Mon

Exciting market, but unfortunately with a very big problem: nowhere is the population forecast so negative and the demographics so bad with very little immigration. That puts me off making major investments.

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András A.@Spinat

11Mon

Judge OK, but the other Hungarian companies are heavily dependent on the government, to put it mildly. If you have no problem with supporting Orbán and indirectly Putin, then go ahead.

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Chris@Multibagger

3Mon

How do you see the Hungarian shares from your Eastern European post after the elections? Personally, I would favor $ANY.

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Valuise@Valuise

3Mon

@Multibagger Good question! I can't yet categorize the political goals of the new head of government... with Orban you knew what you were getting. $ANY is more of a niche player... cool dividend and an actually crisis-proof, solid cash flow model, but also dependent on the political situation in its own and neighboring countries. Valuation is reasonable and the dividend is nice. Could be run in a savings plan.

For the rest of the Hungarian companies, I would wait and see how Magyar positions itself and how it is received in Brussels.

However, once the war in Ukraine is settled, this should be positive for many of the Eastern European companies.

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