iPoint (iPoint.cz)
Czech markets  |  September 07, 2010 11:52:34

Unipetrol fate awaits Icarus? New destination far below the market price (+ BC AM.)


Unipetrol shares is loving extreme positions: Former Czech stock peloton outsider has seen a renaissance of their time in the intensity of the Big Bang and its bull procedure cause. Proof is almost 30% gain over the past three months. During this period, many analysts raised the share price a warning finger, but investors continue to hesitate in buying and sent the title to the roof of his target prices. According ČEKIA monitoring the current market price of Unipetrol over all of its current target except one. So what next? "Investors Taking the expectations of rapid economic recovery in the petrochemical business. KBC analysts, however, demand recovery remains uncertain and optimism in the market also wearing off, "says Josef Nemecek of Patria Online.What are the prospects for profitable KBC Securities analyst? "Sober look at the economic numbers for the second quarter KBC Securities increased net income expectations for 2010 by 31.6% to 1.444 billion crowns against a net loss of 840 million crowns in 2009. The longer term outlook reflected in the new currency is expected to net profits of 2011 contributions in the range 2.1% to 1.839 billion crowns in the range 1.1% to CZK 2.431 billion for 2012, "said Patria Online ... Unipetrol: hopelessly expensive? Read on iPOINT

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