ANALYSIS: 30 the most capitalized listing companies of KASE at trades closing on November 30 of 2006 (market of shares)

06.12.06, 19:56
/IRBIS, Sergey Yakovlev, December 6, 06/ - IRBIS, Information agency of financial markets (Almaty) has compiled 30-top of the most capitalized companies whose shares are in Kazakhstan stock exchange's (KASE) official list of securities. Ranking table as of November 30 at closing of the market and comparable data at closing of the market on October 31 of 2006 are given below. ----------------------------------------------------------------------------- As of November 30, 06: As of October 31, 06: Trend: ---------------------- --------------------- --------------- Short name o f posi capita- stake of posi capita- stake of capita- stakes, the company tion liz-on, compa- tion liz-on, compa- liz-on, perc. (all are JSC) m. USD ny, % m. USD ny, % m. USD points ---------------- ----- ------- -------- ---- ------- -------- ------- ------- EP Kazmunaygas 1 7846.2 19.76 2 6207.0 18.59 +1639.3 +1.17 CNPC-Aktobemu- 2 6641.0 16.73 1 6648.3 19.91 -7.3 -3.18 naygas Kazkommertsbank 3 4086.4 10.29 3 3184.6 9.54 +901.8 +0.76 Bank TuranAlem 4 3559.9 8.97 4 2619.4 7.84 +940.5 +1.12 Halyk bank 5 3314.3 8.35 6 2093.1 6.27 +1221.2 +2.08 Kazakhtelecom 6 3187.8 8.03 5 2507.1 7.51 +680.7 +0.52 ATFBank 7 1474.8 3.71 8 1229.1 3.68 +245.7 +0.03 TNC Kazchrome 8 1402.1 3.53 7 1403.7 4.20 -1.5 -0.67 Alliance Bank 9 1260.2 3.17 10 1075.4 3.22 +184.8 -0.05 Aluminum 10 1162.5 2.93 9 1080.9 3.24 +81.5 -0.31 of Kazakhstan Bank 11 1077.9 2.71 11 965.3 2.89 +112.5 -0.18 CenterCredit KAZZINC 12 1048.5 2.64 12 888.1 2.66 +160.3 -0.02 Temirbank 13 474.4 1.19 15 392.1 1.17 +82.3 +0.02 BANK CASPIAN 14 466.1 1.17 14 503.9 1.51 -37.8 -0.34 UKTMC 15 405.0 1.02 13 531.8 1.59 -126.8 -0.57 Nurbank 16 351.7 0.89 16 336.5 1.01 +15.2 -0.12 Sumbe 17 323.5 0.81 17 323.9 0.97 -0.4 -0.16 KazTransCom 18 299.8 0.76 18 318.8 0.95 -19.0 -0.20 Astana-finance 19 296.3 0.75 19 225.9 0.68 +70.4 +0.07 Valut-Transit- 20 152.0 0.38 20 152.2 0.46 -0.2 -0.07 Bank Mangistauunaygas 21 121.4 0.31 21 123.2 0.37 -1.8 -0.06 Tsesnabank 22 83.3 0.21 22 107.5 0.32 -24.2 -0.11 Corporation 23 82.4 0.21 27 62.0 0.19 +20.4 +0.02 Ordabasy Pavlodar PS 24 81.9 0.21 23 78.9 0.24 +3.1 -0.03 Kant 25 78.0 0.20 24 78.0 0.23 -0.1 -0.04 Temirleasing 26 66.4 0.17 25 66.2 0.20 +0.1 -0.03 Kazakhinstarkh 27 65.5 0.165 26 65.6 0.20 -0.1 -0.031 Chempharm 28 47.5 0.120 28 47.5 0.14 -0.1 -0.02 APOE 29 43.1 0.11 29 43.2 0.13 -0.0 -0.02 Kazinvestbank 30 41.5 0.10 30 32.3 0.10 +9.2 +0.01 ----------------------------------------------------------------------------- Abbreviations in the table EP Kazmunaygas - Exploration Production KazMunayGas JSC, Halyk bank - Halyk savings bank of Kazakhstan JSC; UKTMIC- Ust-Kamenogorsk titanium and magnium industrial complex JSC; Kazinstrakh - Company on foreign insurance Kazinstrakh JSC; PavlodarES - PAVLODARENERGOSERVICE JSC, АOEP - Aktyubinsk oil equipment plant JSC. In order to get precise short names of the rest companies necessary to put JSC before the names given in the table, and the name itself to put in the inverted commas. Notes to table Market capitalization of the company - value equals to product of quantity of company's shares (common and preferred), being in circulation, and the price of the last deal made on KASE in these shares. Noticeable, KASE takes into account new value of quantity of paid shares counting on market capitalization not on the date of excerpt making from register, but on date of receiving of this excerpt by stock exchange (to more accurate to say, on the date of its processing by stock exchange). Disadvantages of this method are evident. However, application of another method is not deemed as necessary, as KASE calculates capitalization index daily, takes into account it at values of indexes and cannot recalculate these indexes by back date. Pursuant to Listing Regulation the companies, whose securities are included into KASE's official list, are obliged, at present, to submit excerpts from register system of shareholders at the beginning of each calendar quarter. Each excerpt is processed by KASE either in the day of receiving or other working day. However, many issuers present excerpts as of date fixed in it with a significant delay (from several days till several months). Frankly speaking, among companies submitting excerpts with deep delay as a rule are production organizations with rarely changing authorized capital. Under calculation of market capitalization the companies on KASE still use the price of the last deal despite that whether this deal was market or nego. If on any shares of any company deals were not made on KASE, and at that, authorized bodies in the old legal field did not register all issues of these shares, face value of the share was taken into account of capitalization. If the issue of shares was registered in a new legal field (i.e. the meaning of face value of a share exists only for founders of companies under fee formation), on absence of deals on shares of this issue their market value is equaled to zero. Under calculation of market capitalization of the companies on the date of ranking of deals, held on KASE with shares this day, are not taken into consideration. In other words, capitalization index is calculated by results of the last trades, previous to the date of ranking. Market capitalization index is calculated in Kazakhstan tenge. It is converted into USD at weighted average rate of tenge against USD, summed up in the morning session of KASE in the last working day, previous to the date of ranking. Share of the company, % - index, obtained by referring market capitalization of the company to summary capitalization of stock exchange's market of shares of official list of securities of KASE and expressed in percentage. At closing of the market on November 30 of 2006 this index made 39,701.9 m. USD. 90 shares of 65 issuers were in official list of securities of KASE. [2006-12-06]