On the exchange-cleaning

Order of the MICEX Stock Exchange CEO Marina Medvedeva, March 1, restrictions on trade in shares of 11 companies. Now they can buy and sell only in negotiated deals mode (RPS). What distinguishes it from the ground and how many ordinary investors are themselves vague. Let us explain: in the RPS is not the usual exchange of anonymous glass applications. Transactions are targeted, that is, first you must find their own contractor on the curb. Then be able to set the application to him, and not an indefinite number of market participants, as usual. Negotiated deals mode is mainly used by brokers to conduct their own bilateral operations with large blocks. The names of the shares in limited circulation, hardly familiar to readers. These issuers appeared doubtful MICEX listing committee, which recommended a limitation. "It is for this committee was created - to get an expert opinion of the market for such companies, including the trading regime," - said the representative of the area Nikita snipe. Suspicions aroused, "Ermak-Invest", "ROSINVEST", "Siberian Consolidated Fund", "Finservice", "Biznesaktiv", "Optima Invest", "Inter-regional stabilization group", "Don investment company", "CC strategy," "Sovinteh "" Micron NGOs. " Last of easily confused with the famous plant "Micron", to which it has nothing to do. The same story with "Sovintehom" - it is not associated with the same construction holding, or from a software developer, "Modern innovative technology." Promissory notes enigma. In a detailed consideration of all of these public companies really seem to put it mildly, unusual. Take, for example, of "Optima Invest." Established company in Moscow to invest in securities and real estate, as well as consulting services. But before she could really start economic activity, as has attended the admission of its own securities to trading. In December 2009, two months after registration in the Federal Financial Markets Service, the campaign "Invest Optima" get "registration" on the MICEX without going through the listing. By the way, it's not too time-consuming procedure, also free for the issuer (the additional costs arise only when the shares are traded in the list). Almost all of the authorized capital "Optima Invest", estimated at 240 million rubles was paid by promissory note of a "Region-Invest." They have four Ltd, "IR Norma," "Criminal Center", "TD nonwovens Factory", "IG premium asset." As follows from the information disclosed in the future, "Norm" is the principal owner of "Center" and the other by its owner speaks the same "region-invest." In addition, "Region-Invest" together "Premium Asset" established company, which later became a shareholder, "Optima". General Manager of "Optima" for six years worked in the "Region-Invest 'expert and auditor for seven - a lawyer. That is, by all indications mentioned legal entity - the links of one chain. Capital in the form of promissory notes was simply shifted by the same beneficiaries' out of pocket to pocket. " Further - more. Two months later, "Optima Invest" concludes the contract of sale of promissory notes by the same amount, which was derived from the founders, that is almost 240 million rubles. Buyer serves the familiar "Norma" (shareholder "Optima"). By the way, the assembly approved a reason such a large deal only after the fact. "The approval of a big deal, since its conclusion, contrary to the law, because it is the shareholders' meeting should be agreed in advance and approved by the selling price of bills of exchange" - explains a leading consultant auditing company ICLC Julia Lobanov. Almost anything, except for this single operation with the bills, the company apparently has not engaged in the future. And in his state is listed only one person - the CEO. Why circuitry Exchange. Back in the 1990s was invented many schemes with a shifting of bills within the same group of companies. The experts found it difficult to assess what can be used in this example: the information still is not enough. Especially interesting, why it took the admission of shares on the MICEX. Because no market transactions with securities, "Optima Invest" on the stock exchange has not been reported. But outside the organized market of real excitement reigned. The company, in fact, not a leading economic activity in the past year, 32 times the notification to appear in its register of shareholders owning more than 5% of the capital. Purchase and sale of shares does not change the value of the assets if the transaction is made directly to shareholders. "Nevertheless, we can assume that the company established by a group of companies for internal purposes, including to minimize taxes. Transactions in shares, including redemption of society, are not subject to withholding of VAT "- reflects Julia Lobanov. Such a JSC may also be used as security in obtaining loans. What is more frequent admission to the Exchange need "circuitry" with one goal - to get officially recognized by the market quotation of the shares. It is based on estimated package of schematic on the balance of other legal entities. Accordingly, the increase in quotes automatically lead to inflation of assets from the owners of these packages. Circuit action is, of course, are not able to interest the real market buyers (at some point be able to connect a small speculators. - See the "Lovers of junk shares"). While the invisible hand does not work, we have to use their own hands. For example, Don investment company, which is obviously the circuit structure, was accused of manipulating the Federal Financial Markets Service is not only its own shares, and securities of other companies with signs of pacifiers, and then revoked its license Professional players of the stock market. Ingenuous scheme: an "investor" opens just two brokerage accounts and start trading with itself or with a friendly "investor." With one account exposes the application to purchase, on the other - on the sale of shares and vice versa. Accordingly, you can pull up quotes as you like, because the actual turnover of the securities does not occur. Artificial inflation of the balance sheet may be required, such as banks and brokerage firms, law firm partner indicates 'ability to make some, Saveliev and partners' ability to make some Alexander. And both of them need to follow financial regulations - in particular, the magnitude of its own funds. In addition, the presence of exchange "residence" in stock circuit avoids legal restrictions on investment in their money institutional investors (pension funds, insurance companies). No wonder the paper of the same investment company, Don has recently graced the bank's balance sheets, "the Russian capital" and the insurer "RK-Garant". Most cleaning. Translation suspicious issuers of the main mode of trading the MICEX in negotiated deals mode - a real step "circuitry." The fact that the address of the transaction, even though they are on the stock exchange can not be taken into account when calculating the market price in accordance with the requirements of the regulatory framework FFMS. In this there is no sense in handling quotations. Another thing is that the "most desperate" JSC, apparently, enough shares formal presence on the court. Thus, in the quarterly report "Optima Invest" states that its market capitalization is 240 million rubles, and that it is calculated on the basis of allegedly trading on the MICEX (we have already mentioned that the market deals with these transactions were concluded.) In fact, this figure corresponds to the nominal value of shares. It is worth remembering one more species of questionable actions that fall on the stock exchange is not even for the sake of inflating the capitalization of false, but simply to deceive the smaller players. The mechanism is as follows: as soon as the paper admitted to trading, the authors begin to break up the scheme quotes by entering into several accounts opened for themselves and partners. To connect more and more trade speculation. "If the right thing to do with" acceleration "of shares, can be very good money, and for a short period" - this is their logic. And while the number of risk buyers is growing here, the authors manipulated gradually sell off their stock-wrappers. As examples, "Finkominvest" and "Intertreydinvest." Both the paper some time attracted many speculators that were included in the hundred of the most liquid instruments traded on the MICEX. The result is not only revealed the Federal Financial Markets Service to manipulate quotes, and other serious violations committed during the registration of-pacifiers. Their prospectuses of securities were canceled. Audit of Shares - candidates for departure "F." Council Committee on the MICEX listing look more suspicious to a number of securities admitted to trading. 1. "Tatbento" With shares of registered last year in the village Biklyan Tukayevskiy region of Tatarstan, on the MICEX is sometimes a thousand transactions per day. In this regard, the Internet found reference to the mass of papers, "Tatbento" and in fact nothing of the production results. Chairman of the Board of Directors Rustem Kamalov on one of the traders' online forum is now looking for a substitute, offering to buy the shares of at least 1 million rubles, "so that was a vital interest." The reports "Tatbento" says that the main direction of the company is mining bentonite clay, but this activity is not conducted because of the "short period - less than one year from the date of registration." And in one of the advertisements clients' Tatbento "is not called clay buyers, and buyers of shares. Curiously, the head of the company in the same online forum reported the registration of a new legal entity with a respectable name of "Kama house-building." And the advice to invest in shares of this latter-day who are admitted to trading on MICEX on March 9. 2. "Motherland", AP Joint-stock company from the village Chelbasskoy Kanev district of Krasnodar region - a former farm them. Thalmann. With its stock is usually from 10 deals in the quarter, and always to the amount of just over 300 thousand in one day (or in the adjacent two days). Tellingly, the officially recognized for stock quotes, just and necessary to them within 90 days was recorded at least 10 stock trades for a total amount of 300 thousand rubles. This is hardly a coincidence. 3. "Kuban steppe", AP Twin brother of the previous candidate for the flight from the stock exchange. A similar pattern: a quarterly basis on the MICEX registered exactly 10 quotes for the recognition of transactions in total 300 thousand rubles, and all - either in a single day or in the adjacent days. Page disclosure "Kuban Steppes" is located on the same domain as that of the "motherland", and the physical address like: Kuban steppe town of Kanev district of the Krasnodar Territory. Is that it arose from the farm of, and not from the farm. 4. "TSK-1" are admitted on the MICEX in December. Transactions with them until you register, but apparently still ahead. A society in which the number 2 officer, belongs to the same group as the "Managing Strategy" - its shares, recall, experts seemed suspicious and limited in circulation since March 1. While 28% of "TSK-1" has SPF "Strategy". "TSK-1" stands surety on bonds for 480 million rubles, accommodation, probably by private subscription within the group itself (more details could not be found). Previously, "the TSC-1" retire bonds IR "Strategy", which was itself one of the beneficiaries "TSA-1." Detail to understand all this financial "mezhdusoboychike" does not seem possible. But it is obvious that the presence of «TSA-1" on the stock exchange has no relation to actual market trading in securities.