Gamble of the week: Russian gas giant

This ‘Gamble of the week’ column is all about trying to identify cheap shares of depressed companies that can recover. There’s always a fine line between getting this right and buying a duff business that deserves to be cheap.

Then there are the types of business that look cheap because no one really trusts them. This is probably the case with this Russian gas giant.

It is the largest producer of natural gas in the world and the supplier of around 30% of Europe’s gas needs. It also has a tendency to be used as a political tool by the [...]

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