Friday, December 14, 2007

Growing Cental European Media.

The only one Czech blue chip company which is also traded on US stock markets continues with definite bull trend. If you look at 6 years charts share price goes just sharply up.
This year Central European Media (CETV) gained 40%. The second best performing company among Czech blue chip cap. Shares were rapidly rising especially at the beginning of the year, Ukrainian concession was over but situation was resolved promptly. Plus very good earnings results and introduction of new investor (APAX funds). Last but not least appreciation of Central and Eastern European currencies helps to get better consolidated earnings reports in USD.


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