Freedom Finance AE

He who works all day, has no time to make money (John Rockefeller)

We are pleased to announce that ratings agency S&P has raised the long-term credit ratings of Freedom Holding Corp. to 'B/B' with a 'stable' outlook. According to the agency, the reason for the upgrade was the reduced compliance risk following the holding company’s recent sale of its Russian assets.

"The stable outlook on the group companies' ratings reflects our expectation that over the next 12-18 months, the group will retain strong ability to generate profit while maintaining at least adequate capitalization level amid the acquisitions of new assets," S&P said in a statement.

Happy Women's Day to strong, smart, talented and simply wonderful women! We love and appreciate you.

We are excited to announce that Freedom Holding Corp. (FRHC) has reached an agreement to acquire U.S. investment bank Maxim Group and its investment advisory affiliate Maxim Financial Advisors. The acquisition is valued at around $400 million in cash and common stock.

The deal, subject to regulatory approvals, will allow Freedom Holding Corp. to widen its capital markets know-how and expand its global reach in order to continue providing its customers with cutting-edge investment solutions.

Timur Turlov, CEO of Freedom Holding Corp., commented on the deal: "We are committed to growing our global footprint, and we recognize that having a significant U.S. presence is an important part of this strategy. Adding Maxim as a trusted partner through this cornerstone transaction will turbocharge our growth as we continue to expand our U.S. operations."

More info: https://freedom24.com/news/13394-freedom-holding-corp-acquire-investment-bank-maxim-group

Freedom Holding Corp. reports net income growth to $62.9mn in Q3 FY2023 📈

Freedom Holding Corp., the founder of Freedom Finance DХB, today announced the following results for the quarter ended December 31, 2022, as compared to the corresponding period of last fiscal year:

✅ Net income increased to $62.9mn, up 16% from $54.4mn

✅ Earnings per share rose to $1.36 from $0.91, based on a weighted average number of shares of 59.5mn.

✅ Revenue increased to $214.5mn, up 38% from $155.2mn

✅ Interest income rose to $80.3mn, up 138% from $33.7mn

✅ Assets increased to $5.37bn, up 66% from $3.23bn

The results continue to demonstrate the strength of our strategy and our team's ability to navigate challenges and outperform.

More about our results: https://www.sec.gov/ix?doc=/Archives/edgar/data/924805/000092480523000013/frhc-20221231.htm

Have you read Benjamin Graham “The Intelligent Investor”? What is your favorite quote?

"How to invest in stocks?”, - we asked the new AI network ChatGPT. Here are the answers:

A proper investing in the stocks has several steps:

1. Learn more about the business you are going to invest in.

2. Figure out your investment goals - long-term capital growth or additional income.

3. Reduce risks by allocating investments across different sectors, industries, and companies.

4. Keep track of your investments and markets.

5. Apply stop-loss orders and other risk management strategies to protect your investments.

6. Do not let emotions affect your decisions and stick with your investment strategy.

Please note that investing in stocks involves varying degrees of risk, and past performance of an investment is no guarantee for its future performance. We recommended you to consult with your financial advisor before making any investment decisions.

After another business breakfast, we noticed that more and more women investors are coming to our event. Last Thursday around 30% of the guests were women and this trend is very encouraging.

Also, our last event was attended by a real Prince and we really appreciate the trust placed in us. We really hope that one day a Sheikh will also join our business breakfast.

See you soon!

Happy new year 兔 you 🏮

“A tree trunk the size of a man grows from a blade as thin as a hair. A tower nine stories high is built from a small heap of earth. The journey of a thousand miles begins with a single step,” – Lao Tzu.

The first business breakfast in the new year was held at the Capital Club Dubai.
On the topic "Market trends and expectations in 2023" 📈
We invited 25 guests, but 35 came and it was great!

✅ NOW 4 REASONS WHY YOU SHOULD VISIT OUR BUSINESS BREAKFAST:

1) Learn the latest trends from the global market
2) Quality networking
3) Always top location
4) And of course we have the most delicious business - breakfast in Dubai

🗓 Next event will be 26th January.
You are invited!

Timur Turlov, Freedom Holding Corp. CEO, shared his expectations for the stock market in 2023 in an interview with Portuguese financial newspaper Dinheiro Vivo.

“Markets are driven by expectations, and current prices suggest that the economy might be heading for recession. However, even if it is milder than expected, it will be enough for the market to grow after the fall in 2022,” Turlov believes.

He dismissed the idea that it was not safe to invest in the stock market during a recession. “It's too late to sell, but I believe that there are many opportunities for smart investors now, and inflation will continue to spur stock prices. As prices increase, profits get higher,” Turlov added.

You can read the full interview: https://freedom24.com/news/13343-timur-turlov-interview-dinheiro-vivo-market-grow