Central European Dist Corp Com (NASDAQOTH:CEDCQ)

CAPS Rating: 2 out of 5

The Company is in spirit beverages business, produces vodka at two distilleries in Poland and is the distributor of alcoholic beverages with a country-wide distribution network. The Company is also an importer of spirits, wine and beer in Poland.

Recs

2
Player Avatar ajfuchs (< 20) Submitted: 10/19/2008 9:58:16 AM : Underperform Start Price: $30.80 CEDCQ Score: +220.98

over-hyped stock. russian and polish currencies have collapsed since august (see charts). quality of revenues/earnings issues. accounting opacity. underlying business organics don't support financial results.

Member Avatar kaskoosek (38.38) Submitted: 4/16/2009 8:21:06 AM
Recs: 0

Doesn't a currency collapse make assets in their country cheap?A currency correction or high inflation will have to take place in the long run, because tradable goods have to equalize on the world stage.Purchasing power parity formula in economics.P=EP*

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