AAA Auto - disappointment at Prague Stock Exchange
One year ago, AAA Auto was warm welcomed IPO at Prague Stock Exchange. Mainly institutional investors have the opportunity to diverzified their portfolio.
Nowadays, AAA Auto announced that its closing its three polish subsidiaries and finance manager appointed on May has decided to left. This is other shock for investors after previously announced significant financial loss (when market expected profit).
It is questionnable what can affect stock price of AAA Auto keeping in mind that IPO price was 55 CZK and current price is about 19 CZK and with no expectations of gross, it is really hard to say, if there is any profit opportunity.
Monday 23 June 2008
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