Another confirmation of my confidence in the YATEC (MOEX:YAKG) - Zhejiang Provincial Energy Group Co Ltd buys 10% of YAKG and its subsidiary - GlobalTec for 500 million euro.
The Chinese company evaluated YAKG as 500 RUB per share, current market price is 140. I suppose it will grow more than 5 times next autumn.
Its not investment suggestion, but Im buying YATEC for long.
#LNG #YAKG #MOEX #ZHEIJANG