Hard to believe what they are doing to their country . It is time to say the actions of our deputies: Do not dig another hole'll fall into it. You can not hide the fact that some of his populist policies around the "Kumtor", earning himself points, stifled the economy. JSC "Kyrgyzaltyn" has 77 million 401 thousand. 766 shares in "Centerra". So Kyrgyzstan largest shareholder "Centerra". The price of these shares is constantly changing along with the world price of gold. Today one share in Kyrgyzstan "Centerra" costs $ 4.96, and in general is 383 million 660.3 thousand. Dollars for the entire stake.
Recall that from 2010 to 2012, our shares have risen in price by 26 dollars and accounted for $ 1.7 billion. It was a great success for the Kyrgyz economy. But, around the "Kumtor" began political games and those drastic measures (blocking of roads, substation off the flow of electricity, extortion with the company 3 million dollars, hostage-taking authorities and others.) Led to the fact that the last two years action "Centerra" have fallen in price by 5-6 times.
Director of the Institute for Development and Corporate Governance Eric Taranchiev endorsed the view that the reason that steel shares fell all the events that have been listed above. He believes that even if gold would be cheaper, the share price fell to 5-6 times. "What would have been the controversy surrounding it, it is necessary to monitor the safety of investors. In connection with this, the share price drops. But the fall in gold prices will not be affected so much by the price action, "- he said.
Now, some MPs are preparing a bill nationalizing "Kumtor". This led investors to think. If, before the nationalization of Kyrgyzstan shares fell by 5-6 times, then what will happen after the nationalization? Over the past two years, we only fall stock prices have lost about 1 billion 300 million dollars. If we go to the nationalization, who can guarantee that our shares in 383 million dollars is not worthless? How many more Kyrgyz economy will lose because of those politicians who do not see beyond their noses? Or score political points turn into well-being for us?