So if you want to get in, you need to act fast! I’ve just emailed my readers to tell them about this. Get on board now and I’ll make sure you get the same recommendation they did. Here’s how
Well think again!
For the last few weeks, I’ve been running the rule over my favourite Georgian company. Since then, tensions between Russia and Georgia have boiled over. We have a full scale conflict on our hands.
But Georgia remains firmly on my radar. Indeed, I think the time may soon be right to get back into my favourite play.
Let me explain.
Investing in Georgia : A 40.4% profit. In only 10 months!
We first recommended the company in January 2007. We closed out of the position on 1 November for a 40.4% profit.
Not bad at all for a ten month holding. Especially when you remember that markets were tanking back then.
(Past performance is not a reliable indicator of future results).
The company’s share price has fallen since. But its business has actually delivered a stellar performance. It increased its full year profits by 203% in 2007. And profits more than doubled in the first quarter of this year from the same period last year.
So on the 28th of July I told Profit Hunter subscribers that the company was back on our investment watch list.
Investing in Georgia : I saw the trouble in Georgia coming...
And we weren’t blind to the political risk either. Let me just quote what I said in that issue:
What’s been grating on it is the threat of political instability in Georgia. The little Caucasian country is locked in a political standoff with Russia. There are territorial disputes. And the Russian’s have backed a separatist movement in the north of the country.
But its economy has still been growing massively. It grew by 12.4% last year. And the IMF predicts 9% growth this year. With growth figures like that, [the company] operates in a very attractive market. This company definitely looks very interesting right now.
And yet... from a purely fundamental point of view, this still looks a very attractive investment. In fact, I believe the conflict with Russia has provided us with an excellent buying opportunity.
Become a Profit Hunter subscriber now to find out more
Regards,
Manraaj Singh
Editor
Profit Hunter
*Please note: Forecasts are not a reliable indicator of future results. P.S. If you enjoyed this article then we encourage you to sign up for Profit Hunter. Track down exciting opportunities in the worlds’ emerging markets and always stay ahead of the curve.

