10:39Dixy Group to hold SPO
We are upbeat on the company's decision to hold an SPO, which should enable Dixy to attract additional funds for opening new retail outlets and help to improve its liquidity on stock exchanges.
10:34PIK posts strong 1H 2008 operating results
We are upbeat on PIK Group's 1H 08 operating results and believe they could lend support to the company's stock valuations in the mid-term. In our opinion, the increase in the company's geographic range, its positions on the regional markets and high revenues from residential property sales in Moscow Region and other regions of Russia should outweigh any possible risks related to a slowdown in residential property sales on the Moscow market.
10:33AvtoVAZ intends to acquire IzhAvto
The acquisition of IzhAvto automobile plant by AvtoVAZ will enable the Russian car giant to increase its production capacities and assemble automobiles based on the Renault chassis. Moreover, due to a lot of unused manufacturing capacity, IzhAvto has a low market price and this may serve as an additional positive factor for its acquisition.
AvtoVAZ Common shares:
Price: $0,22 Preferred shares:
Price: $0,071
10:29Pharmstandard posts 1H 2008 results
We are upbeat on Pharmstandard's 1H 08 financial results and believe that high sales performances and a considerable upturn in the company's margins, which were above our projections, could lend support to the pharmaceutical company's stock valuations.
0.234
30.89
