iPoint (iPoint.cz)
Czech markets  |  September 10, 2010 10:17:24

Black Friday shareholders HC2: Catastrophic target from ING (+ list of recommendations)


On the day of the meeting the shareholders of Telefónica on the table almost bloody message. It comes from ING and workshops concerning the new valuation of Telecom shares. The comparison with the original target price decreased by 30% and drastic put investors seem hungry beetle head. Let us first, however, the agenda of today's AGM: The main items on the agenda are a proposal to change from bearer shares to registered shares and sales call center plan. "Because of the amended Act on Public Procurement, which will come into force on 15 September, the HC2 CR without changing the shares have been excluded from public tenders, "said analysts brokerjet Kramule Radim Czech Savings Bank and Vera Sutedja. According to analysts, the outputs of the General Assembly did not have to share influence: "The report is neutral for the company because the market share change is calculated.Sales call center is not so important, because the price is estimated to "only" in millions of CZK, "said analysts. Investors will not have to HC2 quiet weekend, read on iPOINT

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