iPoint (iPoint.cz)
Czech markets  |  November 06, 2012 09:40:04

KB to CME: Descent goals and recommendations, the bulls still have hope (+ list of recommendations)

iPoint.cz"Last week published results for Q3 12 were at the operational level, worse than expected. Revenues and OIBDA continued downturn precipitated television advertising markets in Central and Eastern Europe and the evolution of exchange rates (U.S. dollar strengthened against Central European currencies). Again, the results are rather disappointing CME in the Czech Republic, where OIBDA for Q3 12 year dropped almost in half and was the lowest since 2005. This is alarming because the Czech market is crucial for CME (this year has added three quarters corporate OIBDA in television broadcasting), "says Josef Dumb CME in a new analysis by the Agency ČEKIA available. KB it reduces investment recommendation and target. How far and why?

CME sa lower half goal: When it makes sense to buy? Read oniPoint

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