Ukraine is a bargain
Some would say that the vultures are circling over head, but whatever analogy is used, it does bespeak of opportunity. Ukraine has a lot of unrealized potential and investors like Mark Mobius who sniffs them out in emerging markets, understand this. The upcoming elections will be pivotal in determining investment inflows.
By Shiyin Chen and Caleb Goddard
Jan. 7 (Bloomberg) — Vietnam, Nigeria, Kazakhstan and Ukraine are among so-called frontier markets that look “particularly cheap,” according to Mark Mobius.
“We’re finding some very interesting opportunities in those markets,” Mobius, who oversees $34 billion of developing- nation assets at Templeton Asset Management Ltd., said in a Bloomberg Television interview in Singapore. Still, liquidity may be an issue for some of the markets, he also said.
Sri Lanka’s stocks, last year’s best performer in Asia, have “gone up a little bit too high and we would like to see a correction from where we are now,” Mobius said.
January 11th, 2010 at 7:46 am
WE DID NOT EVEN KNOW THAT OUR JOEL HAD PASSED UNTIL TWO DAYS AGO ,,WE WERE HEART SICK TO FIND OUT ,,WE HAD JOEL FOR ONLY SO MANY YEARS HERE ,AND HE WAS A FUN LOVING, EASY GOING,KIND OF CARE FREE YOUNG MAN, THAT USED TO RIDE DIRT BIKES WITH MY SON ,AND LOVED TO GO SKING ,AND HIKING JUST ABOUT ANYWHERE ,YOU JUST NEVER KNEW WHAT HE WAS GOING TO DO THE NEXT TIME YOU HEARD FROM HIM ,AFTER UNCLE JIM AND AUNT JAN PASSED AWAY ,JOEL TOLD US THAT HE WAS GOING TO TRAVEL THE WORLD AND DO THINGS THAT HE WANTED TO DO FOR A LONG TIME,, WE DID NOT KNOW THAT HE HAD MADE ROOTS IN THE UKRAIN LIKE HE DID ,WE WOULD LIKE TO KNOW WHAT HE HAS BEEN DOING AND HOW HE HAD TOUCHED SOMEONE’S LIFE OVER THERE ,SO VERY FAR FROM OUR HOMELAND THANK YOU SO MUCH FOR THE ONE THAT PUT THIS ON LINE FOR US TO SEE ..WE NEVER THOUGHT THAT THE LAST TIME WE SAW JOEL THAT IT WOULD BE OUR LAST .. WE SHALL MISS HIM ALSO ..THANK YOU MRS JOHN SPRADLING {formally BUCHER}