Category Archives: ACCURACY.XTR

TEL, TGN n the positive utility factor

Before we come to the two utility majors let’s look at the Romanian markets. One of the lowest valuation globally; PEs of less then 7 looking forward; Strong fundamentals; Large global M&A deals; Low debt to capita ratios; Relative growth perspective of 4-5% for the next 2 years; Relative stable currency; Low budget deficit [...]

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