Debate: Pfeiler vs. Semotan – A Bet on the Future of the S&P 500 Index

Debate: Pfeiler vs. Semotan – A Bet on the Future of the S&P 500 Index

Against Pfeiler’s persistent skepticism regarding investor judgment, in the first part of the series, the editors of E15 pitted the optimist and portfolio manager in one person, Michal Semotan from J&T investment company, as an opponent. The two gentlemen made a big bet for a bottle of expensive red. While Pfeiler expects the S&P 500 … Read more

“Shareholder Structure of Moneta Money Bank: Petrus Advisors Sell Half of their Shares”

A prominent figure is slowly disappearing from the shareholder structure of Moneta Money Bank. Klaus Umek, a bon vivant and investment banker, got rid of almost half of his share in the bank in mid-April. The head of the activist fund Petrus Advisors, who in 2021 loudly protested the merger of Moneta and the banking … Read more

PPF is in trouble in Kazakhstan. The loan business and gold mining are at stake

“The priority is to ensure the safety and health of Bank Home Credit employees, which the PPF Group owns in Kazakhstan. We have news that everyone is fine. We continue to monitor the situation on a regular basis, “said Leoš Rousek, PPF Group Communications Director. The group, through its Kazakh bank, has been operating in … Read more

After merging with Air Bank, Moneta can benefit investors

According to Wall Street’s optimistic voices, the group’s growing emphasis on the Czech market and consumer business could earn tens of percent within a year and a day, also thanks to the impending increase in the shares of some major shareholders. “The success of the transaction may symbolize the gradual potential departure of PPF from … Read more

Bitcoin loses to the competition. Wealth retains other cryptocurrencies better, as they fall more slowly

“With the growing legitimacy of cryptoactive assets, we are facing a certain shift in the investor paradigm. Bitcoin has long remained the preferred choice for institutional investors in particular, thanks to its developed investment infrastructure. However, over time, potential buyers are beginning to look at individual cryptocurrencies from the point of view of their real … Read more

Stock and crypto bets save the Turks from poverty

“Domestic investors on the Turkish stock exchange are replacing foreign ones who are likely to withdraw from the country if the lira continues to lose. For local investors, shares are a way to defend against inflation, but it will not last forever, “explains Patria Finance economist Tomáš Vlk, adding that the resignation of foreign investors … Read more

The world is drowning in debt. The way out will not be easy

The world has completely fallen into the cult of debt, on all fronts. According to an September analysis by the Institute of International Finance, global debt, which includes liabilities to governments, businesses and households, rose to a record $ 296 trillion during the second quarter of this year. This is about a fifth more than … Read more

Tykač continues to increase its stake in Moneta Bank, approaching five percent

“We will refrain from any comments on the activities of our shareholders,” says Zuzana Filipová, spokeswoman for Moneta Monety Bank, about Belviport’s purchases. Tykač’s company went from zero to 4.33 percent this year, which corresponds to the current value at the threshold of two billion crowns. Economists have previously emphasized the two possible motivations of … Read more

The gamblers left the ship. In cryptocurrencies, a fraction of money is spent compared to spring

“We are witnessing a certain decline in interest in the crypto. Until April, virtual coin exchange rates were on a strong growth trajectory. Some investors realized massive losses, others realized that realizing a dizzying profit on cryptocurrencies is not as easy as it seemed in previous months, “says Cyrrus economist Tomáš Pfeiler. It is said … Read more

More money for Monet. The bank’s shares rose sharply above PPF’s offer

“The longer it takes the PPF Group to start and possibly finalize new negotiations, the higher the price it will have to offer as part of the mandatory takeover bid,” says Cyrrus economist Tomáš Pfeiler. On June 22, Moneta’s shareholders rejected a key parameter of the merger with PPF’s banking division, after which a trio … Read more