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OffProfile (47.57)

Bought 09/09/'09 @ $ 0,83

Recs

5

September 10, 2009 – Comments (7) | RELATED TICKERS: KAZ

BMB Munai, Inc. a Nevada Corporation was originally incorporated in Utah in July 1981. The Company's business activities focus on oil and natural gas company exploration and production in the Republic of Kazakhstan.

2009 Revenue:$69.6 M

Employees:360

Net Income:$17.2 M

 

7 Comments – Post Your Own

#1) On September 10, 2009 at 11:41 AM, chk999 (100.00) wrote:

They've had an operating loss for the last two reported quarters. What will change to make them profitable?

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#2) On September 10, 2009 at 11:49 AM, cthomas1017 (30.77) wrote:

Sounds like someone's trying to bump the price up.  Nothing here of substance. I'm considering flagging for abuse. -1 Rec.

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#3) On September 10, 2009 at 12:36 PM, nottheSEC (72.43) wrote:

Chk999.  It may seem elementary but I should always remember what you just said. It eliminates emotion and seems to be the difference in lasting suucess....J 

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#4) On September 10, 2009 at 3:47 PM, OffProfile (47.57) wrote:

"What will change to make them profitable?"

Their businessplan & their rate of production growth year on year..

The tax implementation has indeed temporarily effected their operational result, but looking at the numbers it should not be of any material effect in the long term from what I can gather..

" Sounds like someone's trying to bump the price up.  Nothing here of substance. I'm considering flagging for abuse"

Wow!

I just bought them yesterday as you can see and I'm planning to keep them long term, so no this wasn't to bump up the price!

This was to bring this small cap to more people attention, as I also found it on CAPS in the first place and after looking at the numbers I like their approach and underlying fundementals..

For the rest, do your research like every investor should do: http://www.bmbmunai.com/

I'm also lookin at Coal of Africa @ the moment, but haven't bought it yet at present.. seems like another promosing start-up..

 

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#5) On September 21, 2009 at 12:16 AM, UltraContrarian (99.84) wrote:

"Sounds like someone's trying to bump the price up.  Nothing here of substance. I'm considering flagging for abuse. -1 Rec."

What a crazy reaction to the blog. The original post did have some substance and was a perfectly reasonable way to start a discussion on KAZ.

I noticed them last year, never bought.  I read recently that a Chinese oil company was considering buying assets in Kazakhstan, wonder if that was related to KAZ at all.

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#6) On September 21, 2009 at 10:58 PM, dinksta (< 20) wrote:

 Bought Kaz a few months ago when it had a P/e of around 1. I purchased strictly on fundamentals at the time. Beleived it was way undervalued and un-noticed. I also beleive financially the stock will show gains agian in the future. Status, currently holding.

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#7) On September 23, 2009 at 6:22 PM, briiansd (< 20) wrote:

Hey cthomas,

If there is nothing here of substance then why did you come here?

This stock is a decent speculation play.

We should flag you for being narrow minded.

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