Booms, Busts, and Recoveries Message Board

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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: tom pope who wrote (65676)	6/29/2005 3:32:12 PM
From: Slagle	Read Replies (1) of 74559

TOM Re: "PKZ" You must mean the low PE and high growth rate. Reading the news articles PKZ must have been having some serious problems with the Kazak government and hence the search for a buyer. Mention was made of the complaint of the government of the practice of flaring the associated gas. Seems to me if they were really making all this money they could surely have afforded to re-inject the gas back into the oilfield, as is usually done. Only 9% of earnings are being paid out in divvies. Bet the shareholders are some nervous nellies now. Slagle

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