Research (J&T BANKA)
Czech markets  |  August 08, 2012 09:10:08

KIT digital on Thursday 9 Results published in August 2Q


KIT digital was nominated to the Board of Seth W. and K. Hamota Peter Heiland, a representative of shareholders (Costa Brava, JEC II), who previously opposed hard current management. At the same time, the repeal committee for strategic transactions and will continue to have issues about possible strategic deals in charge of the Board KITD. Appointment of representatives of shareholders perceive positively. It is a manager with experience in the technology sector and the investors whose priority is mainly an assessment of his investment.The main benefit we see in particular that will increase control in society, as these new board members are not connected with management, which led the company to the current situation.

Tomorrow (August 9) publish KITD 2Q results for the 2012th You will probably be quite poor due to the necessary restructuring and loss on the sale of some assets. However it is already, in our opinion, largely zaceněno and crucial for the company is more likely to second half of the year and whether it can achieve sustainable positive cash flow.

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KIT digital ve čtvrtek 9. srpna zveřejní výsledky za 2Q

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