Baltic Business Analysis: Mosenergo (MSNG) Analyst Comment on Latest Events, Forecast 11/16

Nov. 17, 2009 - PRLog -- Content of the report:
- THE SHARE PRICE CONTINUES TO GROW;
- PROGRAMME WILL HAVE NEGATIVE INFLUENCE ON NET PROFIT GROWTH;
- VERY POSITIVE H1 2009 FINANCIAL RESULTS;
- UNNATURAL MARKET CONDITION;
- NO GROWTH NO RISK;
- QUARTERLY INCOME STATEMENT;
- KEY FINANCIAL RATIOS.

Summary of the report:
The Company has more than doubled its income compared to H1 2008. In author's opinion, such results are very positive in terms of global economical recession. However, the results are explained by unnatural condition of the market, not by growth of sales volume.

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Baltic Business Analysis provides independent information and analysis on East European public companies and markets.