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

/IRBIS, September 30, 09/ - ASYL INVEST JSC (Almaty) provided an overview of major events and their investment ideas and forecast to IRBIS on September 30, 2009. According to the massage the analysts of ASYL INVEST expected at international stock markets: - sentiment on the markets before today's trading emerging neutral. Asian indices range from (-0.5%) to 1%. Support for trading in Japan, providing data on industrial production in August, with output increased by 1,8%. Futures for the American indexes show an increase in the limits of 0,15%; - an influence the course of trading today may have the September data on the number of employed in the private sector (from ADP) in the United States. Will also be published the final GDP figures for the second quarter of 2009; - a pressure on oil quotes today can provide data of the Department of Energy U.S. commercial inventories of crude oil and petroleum products a week before September 25. It is expected that stocks will rise; - in the euro area and Germany are data on the unemployment rate for August and September, respectively. Analyst ASYL INVEST giving the following advice for investors: - On the GDR of Bank VTB OJSC (LSE: VTBR): VTB Depository Receipts on the yesterday's trading has down more than 2 % and closed at around the $ 3.83. Yesterday in the media have showed a number of comments on the bank which were announced at the forum that organized by VTB Capital. In particular, Finance Minister Alexei Kudrin said that in future the state may sell at least 50% stake in VTB Bank (now part of the state accounts for more than 77% of shares). As the Head of the Finance Ministry said the output of the shares of the companies acquired during the crisis, is designed for a period of three years or more. "In a period of three years or more years, some acquired assets during the crisis, we will sell. In the medium term refers to the minority stake and in the future I see the possibility of selling at least 50%- said the Minister. In addition, the head of VTB Andrey Kostin said - the bank in the next few months will develop it's strategy development until 2013. According to him, the strategy puts the task of additional capitalization of the bank. Also, it will be registered in the mechanism of development of the retail base, further development of the network, as well as the investment business, clarified A. Kostin. Analysts of ASYL INVEST are positively estimated an information on the upcoming new strategy for the bank, but until they see a neutral effect of this information, because not have the more detailed parts. Given the current dynamics of the securities company, ASYL INVEST leaves unchanged its trading recommendations: recommend buying at $ 3 and sell at $ 4 per GDR. - On the GDR Surgutneftegaz JSC (LSE: SGGD): Surgut Depositary Receipts on the yesterday's auction again risen. Growth in the value of securities amounted to almost 3 % that recorded for the mark of $ 8.68. Trading recommendations of ASYL INVEST on company securities have paid off: analysts recommended buying the paper at $ 8. Recommended to sell securities at $ 9.1 per GDR. Although the cost of securities has not reached this level, analysts of ASYL INVEST expect that this security will demonstrate the correction. Pressure on the oil quotations and therefore to quote the company will have expectations about the growth of stocks of petroleum and petroleum products in the United States. Analysts of ASYL INVEST for more conservative investors recommend fixed- income instruments in the bond market. Analysts ASYL INVEST, given the level of profitability and the unlikely risk of insolvency of the issuer, look at the bonds KZ2CKY07B915 Eurasian Bank (EUBNb3, subordinated coupon bonds, yield - 18.50% coupon rate - 9.7% indexed for inflation, the repayment period - 05/04/2013 - 15/04/2013). 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. [2009-09-30]