Friday, April 24, 2015

PZU: Troublesome mines – Parquet

Source: Parkiet

Even more than 4 percent. at high speed lost Friday PZU shares. So investors reacted to a Bloomberg report that the insurer may enter into the New Coal Company by taking part in the planned increase its capital by 2 billion zł.

According to Bloomberg, a similar movement would decide Development and Investment Polish energy companies . – I believe that investors actually reacted to rumors of such a transaction, selling PZU shares. This transaction does not necessarily have to be of benefit to minority investors. In 2011, PZU supported LOT, in 2012 – long term involved in Azoty Tarnów, if now would be to invest in KW, then you would have to think about how it is a one-time deal, and how much a permanent feature of PZU is to be a deep pocket, which can reach the Treasury to assist your company in difficult times – says Kamil Stolarski, an analyst at BESI.

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