Any opinions on buying shares in Eastern European companies?
I am looking at Komercni Banka (Czech) ADRs at the moment, as a play on:
- Czech entering European union next year, so hoping for the same rapid development effect as Spain or Ireland.
- rising Czech currency
- Komercni Banka trailing P/E of 9 and earns income from diverse sectors.
Grant62, I remember you mentioned you had some investments in Europe. Any other ideas?
