The situation in Egypt

TransGlobe Energy (TGL.TO, TGA) and Centamin PLC (CEY.L, CEE.TO) are two publicly-traded companies that have not been able to get their profits out of Egypt.  The end game may be awful for shareholders if they cannot get any profits out of the country ever.  While I am interested in shorting companies with Egyptian assets, the obvious danger is if the Egyptian government begins to respect foreign capital.

*Disclosure:  No position in either TransGlobe or Centamin.

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