Investment ideas by ASYL INVEST JSC (Kazakhstan) analysts' on September 14, 2009
14.09.09 16:10
/IRBIS, September 14, 09/ - ASYL INVEST JSC (Almaty) provided an overview
of major events and their investment ideas and forecast to IRBIS on September
14, 2009.
According to the massage the Analysts of ASYL INVEST expected reduction at
the opening of stock indexes in Europe. Prevails over the market and technical
correction after several sessions of continuous growth. May accompany this bid
in Asia, which are in the negative dynamics, as well as futures on U.S. indexes
traded with a decrease of about 1% today.
ASYL INVEST analysts' give the following recommendations for investors:
- on GDR JSC Gazprom (LSE: OGZD): the depositary receipts of the
company at trades on Friday rose by 2.47% and closed at around the $
22.78. In the course of trading securities reached the recommended level of
our sales in the $ 23.00. On last Friday, the analysts of ASYL INVEST
slightly changed its trading recommendations that are recommended to buy
at $ 20.00, sell - at $ 23.00. Analysts of ASYL INVEST indicate that they
consider their recommendations in part on profit-taking bids on Friday
justified. After the close of trading on the GDR Gazprom at the trades in
London, WTI crude oil showed correction and now is trading below $ 68 a
barrel. (Brent - below $ 69 per bbl.). Today is expected correction on these
securities, and therefore the analysts of ASYL INVEST continue
recommendation to record profits.
- on GDR JSC Lukoil (LSE: LKOD): the depositary receipts of the company
during Friday trading on the LSE rose by 1.31% to $ 54.30. The maximum
price fixed in the bidding reached $ 55.00 per GDR. Current trading
recommendations ASYL INVEST in securities of the company: buy at $
47.25, selling at $ 55.00. As well as the papers of Gazprom, analysts
recommended to record profits for the GDR JSC Lukoil, on Friday. Today
ASYL INVEST also expects the correction to securities of the company in
response to a significant decrease in petroleum quotations and the negative
external background, emerging before the opening of trading in Europe.
- on GDR X5 Retail Group (LSE: FIVE): the depositary receipts of the
company up to the auction on Friday showed a further increase (3.69%) and
reached the mark of $ 22.50. Trading recommendations ASYL INVEST in
securities of the company: buy at $ 18.00, sell - at $ 22.00. In general,
analysts ASYL INVEST positive view of business of the company, but
recommend to record profits at price levels higher to $ 22 per GDR.
Currently, listed companies look overbought. RSI indicator signals an
overbought market. Quotations several consecutive sessions traded above
the upper limit of the channel Bollinger'a.
Analysts of JSC ASYL INVEST for more conservative investors recommend
fixed-income instruments in the bond market. Analysts of ASYL INVEST
recommended to pay attention to debt KZ2C0Y05C515 AO Agricultural credit
corporation (KASE: AGKKb1), assuming a sufficiently attractive rate of return
to the tool (15.85%), and estimating a high level of solvency of the issuer.
The given material has exclusively information character and is not the offer or
the recommendation to make any transactions with the stocks. Agency Irbis
doesn't take responsibility for the opinions which are in given material.
[2009-09-14]