- THE SHARE PRICE IS MUCH UNDERESTIMATED;
- COMPANY REPORTED 20.1 MILLION LOSS IN H1 2009;
- ZHAIKMUNAI COMPLETES 300 MILLION USD PLACING;
- KAZAKHSTAN’S ECONOMY IS PROMISING;
- OIL PRICES WILL HAVE POSITIVE INFLUENCE ON COMPANY’S RESULTS.
Summary of the report:
In author's opinion, oil prices may even outperform previous record levels of 2008 in long-term, driven mainly by increasing demand and geopolitical activity. From this point of view, Zhaikmunai has high expanding possibilities and high chances of improving their financial results in long-term.
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