Investment ideas by ASYL INVEST JSC (Kazakhstan) analysts' on November 30, 2009

/IRBIS, November 30, 09/ - ASYL INVEST JSC (Almaty) provided an overview of major events and their investment ideas and forecast to IRBIS on November 30, 2009. According to the massage the analysts of ASYL INVEST expected at international stock markets: - The overall sentiment in the markets before today's trading of a positive, despite the situation regarding the petition for a stay of debt fund Dubai World. Currently, quotes for the leading Asian sites are growing by more than 2,5%, futures for the American indexes show growth of more than 0,5%, futures on commodity markets also show a slight increase, the U.S. dollar continues to weaken against the euro; - At the end of last week was not a rich background of economic statistics, as a result of the day off on Thursday in the U.S. Accordingly, the markets reacted to the background of the corporate news that was overshadowed by news of a delay in payment of a debt national fund Dubai World. However, despite the fears of investors, we believe that the impact of this news the market is beginning to exhaust itself, especially since the risk of future defaults of public funds across the world is minimal and, in the case of deferred debt issue be postponed to a later date. Moreover, in case of default Dubai World for its obligations, remains possibility of support from the fund of Abu Dhabi; - Background of economic statistics today, a rather meager: in the U.S. are data on local production indices in the euro area will come projections for inflation. Against the background of the lack of important economic data, markets may once again draw attention to the development of the situation with deferred debt fund Dubai World; - In general, at the opening of trading in Europe can expect moderate growth of quotations on a background of growth in the U.S. stock market is closer to the closing of trading on Friday, despite the overall negative closing of trading on the American sites. Further development of trading in Europe will be held, respectively, development of trading in the U.S., which, in turn, is uncertain. Recently there was a reduction of quotations on Russia's stock market, analysts ASYL INVEST think this movement is a short-term and expected future rebound quotations yes the same level, on this background paper, several Russian companies can achieve or have achieved the recommended levels of our purchases, which increases their investment attractiveness. - Today, external background for the Kazakh stock market develops positive. In general, analysts of ASYL INVEST expect growth of quotations on the Kazakhstan market shares in the first half of day. In the future, quotes can return to their previous values, which, according to ASYL INVEST, and determine the lateral dynamics of the quotations in the Kazakh market shares. - Analysts of ASYL INVEST give the following advice for investors in the GDR OAO Gazprom (LSE: OGZD), Lukoil JSC (LSE: LKOD), Rosneft Oil Co (LSE: ROSN): in the second half of last week there was a reduction in Russia's stock market on the background the Vice Prime Minister Alexei Kudrin, on excessive optimism on the equity market. Additional negative on the market has brought a petition to defer debt fund Dubai World. Against this background, a decrease in quotations of Russian oil and gas, but other fundamental information on the market has been reported. Currently, price quotations of securities of companies Gazprom, Lukoil and Rosneft have reached the recommended levels of our purchases. Analysts of ASYL INVEST believe that negative into Russia's stock market will go in there, but today you can still expect a slight reduction of quotations on Russian trading floors, respectively, the attractiveness of buying securities of these companies only increases. Analysts ASYL INVEST recommend to buy securities of these companies at current levels and give the following short-term trading recommendations: Gazprom ADRs are recommended to buy at $ 22.85, sell it - at $ 27; Lukoil ADRs are recommended to buy at $ 57, sell it - at $ 63 ; GDR Rosneft rekomendueetsya buy at $ 8.15, to sell - at $ 9.20. - On the debt market analysts of ASYL INVEST recommend that investors pay attention to the indexed depreciation KZT subordinated coupon bonds KZ2CKY08A774 Nurbank (NRBNb2, PEFC. Profitability - 15%, and after. Net price - 91.6076% of face value, the current coupon rate - 9% per annum, maturity date - 12/06/2011). Analysts believe a sufficiently attractive rate of return to bonds and do not rule out a rise in prices these securities on expectations of opening of tenders on the bonds of the issuer NRBNb8. Analysts ASYL INVEST positively assess the financial position of the bank. According to the report observed improvement in profitability of the bank, revenue growth was observed on all the items. As a result, Bank's net profit for the nine months of this year amounted to 61 million tenge, compared with a net loss of $ 5.6 billion tenge for the same period last year. The bank is also an influx of deposits, customer accounts for the period rose 4%. To date, analysts ASYL INVEST also low assess the risks of insolvency of the issuer, based on relatively good financial position of the Bank and the timely payment of coupons on bonds. The given material has exclusively information character and is not the offer or recommendation to make any transactions with the stocks. Agency "Irbis" doesn't take responsibility for the opinions which are in given material. [2009-11-30]