Investment ideas by ASYL INVEST JSC (Kazakhstan) analysts' on October 14, 2009

/IRBIS, October 14, 09/ - ASYL INVEST JSC (Almaty) provided an overview of major events and their investment ideas and forecast to IRBIS on October 14, 2009. According to the massage the analysts of ASYL INVEST expected at international stock markets: - centiment on the market before today's trading develops positive. Asian indices show growth in the range of 1-2%. The exceptions are exchanges in Japan, where there is a weak dynamics in response to the strengthening yen. Market support in the region has a positive statistics from China, where the reduction of imports and exports slowed, and figures were better than forecasts; - futures on U.S. indexes this morning with rising almost 1% in response to positive statements Intel, which was published after the close of trading in U.S.. Profit in the third quarter of 2009 totaled $ 0.34 per share, compared with forecasts of $ 0.28 per share. However, the company increased its forecast for revenue and profit in the fourth quarter of 2009, which also surpassed the current projections; - Today expected publication of financial statements of companies JP Morgan Chase & Co, Abbot Laboratories, POSCO; - In addition to corporate reporting, the impact on the course of trading today may have some macroeconomic data in the U.S. are data on retail sales for September, which is expected to decline. In the euro area, there are data on industrial production for August. In the UK, will come the September data on the labor market; - Today the opening of trading in Europe, analysts of ASYL INVEST expect growth in stock markets. The further dynamics will determine the saturated news background. Analyst ASYL INVEST giving the following advice for investors: - on the shares of KAZAKHMYS PLC (LSE: KAZ, KASE: GB_KZMS): Kazakhmys shares during trading on Tuesday rose 0.43% on the LSE and closed on a mark of 11.78 pounds per share. At KASE quotes rose to KTZ 2,800. At the same time in the course of trading on the LSE quotes reach higher levels. Pressure on the dynamics of securities companies had a correction in metals prices and the correction of most papers of the mining sector. Meanwhile, Kazakhmys shares looked "better than the market" against the background that the China Development Bank may grant the company $ 1.5 - $ 2 billion to build copper plant in Pavlodar region, Kazakhstan. The company confirmed it was in talks to raise funds up to $ 2 billion, much of which goes to finance Bozshakolskogo copper plant. Yesterday it also became known that the company sells in favor of NWF Samruk-Kazyna 25% stake in Ekibastuz GRES-1 for $ 339 million in the whole issue of financing projects for the company rather important at this time. Analysts of ASYL INVEST appreciative support from the government (represented by the NWF Samruk-Kazyna) in addressing these issues, but retain their target price for the coming year at 11.3 pounds. Trading recommendations ASYL INVEST in securities of companies with their trend to remain the same: buy recommended at 10.0 pounds (KTZ 2400), sell it - at 12.0 pounds (KTZ 2,900). Copper fell during the yesterday's trading on the LME on 2,22% to $ 6,122.0 / ton - the GDR of Plus Gold Co (LSE: PLZL): against the backdrop of record- breaking year for the depreciation of the dollar against a basket of six major world currencies, the spot price of an ounce of gold continues to hit records. Despite the fact that gold is a tool for investing in "bear" markets, in the current tuned to the growth situation, it is becoming more and more attractive way of investing. One of the main influence factors on growth of precious metal prices is a weak dollar and against the background of growing of foreign debt and budget deficit in the United States, the prospects for its consolidation in the near future looks pretty bleak. Against this backdrop, current gold price looks justified and consolidate at the current price level is becoming more and more probable. All this creates a positive backdrop for gold mining companies, in particular depository receipts Plus Gold looks promising for investment, analysts of ASYL INVEST believe that current market conditions, there is some, albeit small, growth potential securities of the company. As a result of trading from Tuesday, Depositary Receipts of Plus Gold rose by 2.36% to $ 26.42 per signature. Currently, analysts of ASYL INVEST changed their trade recommendations for securities of companies with their trend: it is recommended to buy at $ 22.50, sell - at $ 28. In the near future analysts of ASYL INVEST recommend keeping the company's stock, putting them in some positive expectations. Analysts of ASYL INVEST for more conservative investors recommend fixed-income instruments in the bond market. Analysts of ASYL INVEST, look at the coupon subordinated bonds KZPC1Y07B598 ATF Bank JSC (ATFBb5, yield - 15% (the last), coupon rate - 10.9% indexed for inflation, the repayment period: 23.05.2012 - 11.06 .2012), based on indicators of levels of profitability and low risk of insolvency 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. [2009-10-14]