(1H 2013 performance of Turquoise hill, Mongolian Mining Corporation and South Gobi Resources and their implications to investors)
By September, 2013 Financial results of major foreign listed Mongolian companies were released. Frontier LLC has done detailed analysis on financial statements, company presentations and investors feedbacks bases on reports done by major analysts. This report answers the following questions:
- Why share prices of those companies have gone down so much in the last 18 months?
- Which factors are discounted in the share prices and which factors are not in the weak share prices?
- Based on the valuations and other factors, are they attractive to buy at current level?
Buy full report in PDF format:
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