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Opinion

Ukrainian nightmare tames the Dragon

Ukrainian nightmare tames the Dragon
December 4, 2013
Ukrainian nightmare tames the Dragon
IC TIP: Hold at 35p

However, a little under three months ago I made an exception as I saw compelling value in the shares of Aim-traded Dragon-Ukrainian Properties & Development (DUPD: 35p), an owner and developer of shopping centres and residential properties in Ukraine. The share price then is the same as it now, but given events in the country in the interim I have an important decision to make whether to hold onto these seriously undervalued shares or head for the exit.

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