Peter45016 Dec 2014 16:10
Not sure about much life but there is me and you, lets hope many others will give us there thoughts. As that's what its all about lots of different people's opinions and thoughts with the odd fact thrown in for good measure.
I did mention the Russian connection but Georgia has had its own currency for twenty years but I do appreciate the knock on affect of the crumbling Rouble. A lot will depend on whether how many of its clients and shareholders for that matter are from outside Georgia and how reliant they are in general from Russia.
Not many people have mentioned this but with huge drop in the oil price many many companies and normal folk alike, whether they be transport companies or a households general heating will slowly when saving costs are passed on be saving significant amounts of money. For instance are BGEO 's hospitals heated by oil, if so that should mean huge cost reductions and therefore increased profits. Also nearly all goods have to be transported and this can be a good part of the cost, so again when these costs are passed on to the general public, so it should mean your average Jo has more money in his pocket, so hopefully they use some of the banks facilities (that's being optimistic but you see what I mean)
Also BGEO is getting quite a diversified company with the Banking, healthcare, hospitals and recently the water plant so should be getting good money streams. And should be less reliant on Russia.