10:35VimpelCom enters the Cambodian market
The entrance of VimpelCom into a new exotic market makes it an absolute leader in terms of expansion to non-CIS countries. However, a long time may pass before markets outside the CIS start playing an important role for Russian operators. Anyway, this news looks positive, but inconsiderable.
10:33Mechel's expectations at odds with those of the market
Mechel may sell its preferred shares at a price lower than the earlier voiced price range of USD 50-60. The company's intention backs our conclusion that the previously voiced prices are conspicuously overvalued in comparison with our estimate of the company's fair price.
10:29Statement by FSK management adds fuel to the fire
A statement by the Federal Grid Company management has revealed the high risks involved in proposed changes to the company's tariffs. This may have a negative impact on its stock valuations.
10:26PIK group releases robust financials for 1H 2008
We are upbeat about the 1H 2008 preliminary operating results posted by the PIK group. In our view, expansion of ongoing project portfolio areas in the promising Moscow region could lend support to the company’s financials in the mid-term.
09:35TGK-1: positive FY 2007 IFRS results
TGK-1 has released its FY 2007 results audited to IFRS. The positive results, however, should not have a significant impact on the company's stock valuations.
11.8
12.74
