11:38Dalsvyaz releases strong FY 2007 IFRS results
Dalsvyaz FY 2007 results audited to IFRS were slightly above our forecasts, which is good news, since we are extremely upbeat about the company's prospects on the local market.
11:22Uralchem buys 7.5% in Tolyatti Azot from Renova
The Uralchem holding company has bought 7.5% in Tolyatti Azot from the Renova group, which may spell an end to the protracted corporate conflict around the company, which will undoubtedly enhance the company's appeal for investors.
11:17AvtoVAZ acquires license for engine production
AvtoVAZ's acquisition of a license for engine production from French-based Renault should improve consumer appeal for the new power units by making them more reliable and low-consumption, which in turn should help the company attract new customers in the future.
AvtoVAZ Common shares:
Price: $0,39 Preferred shares:
Price: $0,16
11:15Nutritek's ambitious plans
We are moderately upbeat about Nutritek management's plans to improve company financials in 2009-2011 and believe that the suggested plan to raise the EBITDA margin to 25.6% by FY 2011 could lend support to the company's stock valuations.
11:02FGC wraps up consolidation
FGC has wrapped up consolidation of assets with only slight variations on earlier plans for the company's structure. FGC shares are to be listed on Russian stock exchanges in mid-July at the latest and should become one of the most liquid instruments.
11.8
12.74
