Seeking Alpha

Investment thesis

Hungary is suffering from a perception that the country is the "economic basket case". It's small country, not on every investor's radar, which created a lot of headline risk due to populist policies of Victor Orban and political popularity of extreme right parties (Jobbik). Yet many of these policies actually helped to heal the Hungarian economy, which has been steadily recovering this year, but few investors pay attention.

Hungary has a small investible equity market with only four companies liquid enough to consider investing.

Table 1: In "yellow" - investible companies in BUX index (13 cap weighted large-caps)

MOL Group - Hungarian Oil and Gas Public Limited Company, is an integrated oil and gas...

Only subscribers can access this article, which is part of the PRO research library covering 3,775 different stocks.
Growing numbers of fund managers and other investment professionals subscribe to Seeking Alpha PRO for equity research that is unavailable elsewhere, so they can: