Sunday, January 02, 2005

PetroKazakhstan

The first time I heard of Kazakhstan is from the video games "Syphon Filter" series. Who say gaming is not educational? :)

Strangely enough, this is an Canadian oil services company, but operates on Kazakhstan.

Anyway, this stock is very attractive for a few reasons:
1. Impressive ROE
2. Low P/E ratio
3. Low Debt/Equity Ration

Too good to be true huh? You bet - It is not Russian Rollet like Yukos.

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