Warsaw Stock Exchange - What do you think?

Calling all our Polish (and non-Polish) community members! :poland: We’re preparing for our expansion into Poland next year and would like to know more about your interest in your local stock market the WSE / GWP (in Polish) :wink:

Would you only invest in the WSE? Would you invest in the WSE and other markets? Or would you only invest in other markets?

I’d love your feedback and to hear your thoughts on why you would / wouldn’t invest in this market!

We’ll select one person at random who participates in the survey to send another investing book & some Evarvest swag to :sunglasses:

Thank you in advance! Your thoughts and feedback really help us understand what’s most important to you for when we enter this market :pray:

  • I’m Polish / I live in Poland
  • I invest on the WSE (Warsaw Stock Exchange)
  • I would invest on the WSE through Evarvest’s app
  • I would invest on the WSE and other stock markets
  • I would only invest on other stock markets and not the WSE
  • I would only invest on the WSE

0 voters

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I’m personally excited to gain access to the WSE. It’s the largest stock exchange in the CEE region and does have some really interesting companies listed. :clap:

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I’m investing on WSE mainly for my retirement portfolio as it allows to reinvest the gains without paying any taxes, which makes a huge different in the long term.
However, I prefer investing on other, more developed, exchanges, mainly the US exchanges, as buying Polish stocks other than the blue chip stocks is quite risky. Also, the history and tradition of paying dividends is still very short so if you’re interested in dividend stock investing, the US markets are a better place to do it in my opinion.

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Thanks @bartosz.w, this is really helpful to know! That’s a huge benefit being able to reinvest gains without paying any taxes - do you know by chance if that extends to foreign investors?

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@StephBrennan from what I found on the internet, since 2010 also non-residents can invest in IKE (you can try to google translate this article). However, you have to work and pay taxes in Poland to be eligible.
So I think it’s better to use a tax-efficient solution in your country, provided you have something similar and it allows you to invest also in Polish stocks.

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That’s good to know, thanks @bartosz.w - greatly appreciated! :pray:

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The bull market is coming:

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Thanks @Damian_Ka, I’m looking into the WSE more-so as I think there are some great opportunities to be made. It’s a stock exchange i’ve never had access to so looking forward to soon when we launch :slight_smile:

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Thanks @Damian_Ka! Really interesting video, and I agree with your thoughts regarding the market and new pension law recently signed by the Polish president, which should see the Polish capital market increasing again from 2019 onwards.

For others that may be reading this, the government estimates that PLN 6 billion (approx. EUR 1.4 billion) will flow to the Warsaw Stock Exchange in 2019, PLN 12 billion (EUR 2.8 billion) in 2020 and PLN 15 billion (EUR 3.5 billion) per year from 2021 as a result of the introduction of the Employee Capital Plans (PCP) that Damian refers to in his video. This should have a positive effect both on company valuations and on the liquidity of the stock exchange. :poland::rocket:

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@Damian_Ka & @bartosz.w we couldn’t pick just one of you for the reward here so we’re going to send you both something for helping us out!

If you’re able to private message me the best postage address or email me at mitch@evarvest.com I’ll have a package sent out to you both asap! :blush:

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That’s awesome, thanks! I’ve just sent you a private message with the address.

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Hi Mitch, thanks for that. I will send you a private message.

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Thanks again @Damian_Ka & @bartosz.w, greatly appreciated!

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Some update on my CD Projekt position:

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Great video @Damian_Ka, thanks for sharing!

Re Tesla, Musk is great at marketing / creating interest - one of the key components in building / running a successful company.

Tesla moving into the light-duty pickup truck sector is a wise move as it’s one of the most lucrative sectors in the US automotive market. Entering this market with a similar looking product would be challenging, so this new design is a clever way to build hype / make noise and standout.

Although the design is ‘unique’, Musk doesn’t need every potential truck buyer to like his design. He just needs 5% to 10% of prospective pickup buyers to absolutely love it. So far, the numbers on sales speak for themselves - as you showed in your video.

As for CD Projekt, it’s had some of the best growth - over 350% since 2013 (6 years). The gaming industry is booming and is set to continue. It’s likely that if Tesla’s Cyber Truck makes an appearance, the hype around it will increase user growth over the short term in CD Projekt - I’m interested to see if their user growth has already jumped since the potential appearance was announced in the media.

Very excited for our launch so I can get more affordable access to interesting opportunities like CD Projekt listed on the WSE. Thanks again for sharing! Looking forward to the next video :slight_smile:

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Hi Steph,
thank you for nice words about the video.

Do you know when are you going to launch the platform? And when do you expect to allow for trading Polish stocks too?

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Hi Damian, you’re welcome! Appreciate you sharing your insights on Polish investment opportunities.

Re our launch, we’re submitting our license application in December - we’re in the process now of increase the share capital of the company to meet the authorised capital required to submit our license application. The max timeframe for the license to be granted is 6 months but typically the average is 3 months. Bearing in mind we have the Christmas / New Year period, we’re planning for a launch in late Q1 2020 with a ‘worst case’ being Q2 2020. Our launch in Poland is on our roadmap for Q2 2020 and we’ll have the WSE available for our Polish launch.

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Thank you Steph, so Polish companies will not be available for UK customers?

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They will be available for all customers including UK customers, but not until we’ve launched in Poland - this is because we’ve needed additional partners, that we’re integrating into the app, to support the polish zloty currency.

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