13:10UTair: growth rates continue to slow
UTair’s 9M 2008 operating results showed an anticipated slowdown in growth rates, which was generally in line with the performance of the whole sector. In our opinion, the published results were expected by the market and should not have any notable impact on the company’s stock valuations.
10:58Offer for TGK-4 cancelled
Onexim Group has reported that it will not be able to perform an earlier announced buyout of TGK-4 shares. This could cause a correction to the market value of the genco’s shares with account for their overvaluation.
TGC-4 Common shares:
Price: $0,00021 Preferred shares:
Price: $0,00012
10:55Dalsvyaz delays spinoff of cellular assets: a logical step
The Dalsvyaz telecommunications company has delayed spinning off its cellular assets until next summer; a step which seems logical and timely. Otherwise, the company would have had to sell the assets at an unjustifiably low price amid the turbulence of the financial crisis. In so doing, the company will also avoid making a buyout offer for USD 28 million worth of its shares.
0.234
30.89
