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.. Richard Kahn HBRK Associates Inc. 575 =exington Avenue 4th Floor New York, NY 10022 tel fax cell Begin forwarded message: From: =/b>"Ens, Amanda" • a> Subject: =/b>MEGA Trade --> =ong Saudi... Date: March 14, 2018 at 12:45:33 PM EDT To: =/b>"rkahn"<as Reply-To: =/b>"Ens, Amanda" Global Eq

ggests market is less =orried about depeg fears and forward points can be used as a macro hedge 7. Valuations & dividend yields remain =ttractive a Market trades at a 10% =iscount (13.5x) to its historic PE (Saudi PE range is 10-26x). Avg dividend yield is 3.6% with =5 stocks yield more than 4%. Our M

ays to trade Saudi Richard Kahn HBRK Associates Inc. 575 =exington Avenue 4th Floor New York, NY 10022 Begin forwarded message: From: =/b>"Ens, Amanda" < Subject: =/b>Ot her ways to =rade Saudi Date: March 14, 2018 at 12:48:07 PM EDT To: =/b>"rkahn"< > Reply-To: =/b>"Ens, Amanda" < Saudi trade

ggests market is less =orried about depeg fears and forward points can be used as a macro hedge 7. Valuations & dividend yields remain =ttractive a Market trades at a 10% =iscount (13.5x) to its historic PE (Saudi PE range is 10-26x). Avg dividend yield is 3.6% with =5 stocks yield more than 4%. Our M

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