Investment ideas by ASYL INVEST JSC (Kazakhstan) analysts' on November 11, 2009

/IRBIS, November 11, 09/ - ASYL INVEST JSC (Almaty) provided an overview of major events and their investment ideas and forecast to IRBIS on November 11, 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 develops moderately positive. Futures for the American indexes show small growth, the Asian indices demonstrate hetero-directed movement. Futures for crude oil and base metals show lower, less than 0.5%, price quotations of precious metals continue to rise; - Analysts of ASYL INVEST expect that the overall positive mood in world markets will continue to support the market today. Today, advanced information on the growth of industrial production and retail sales in China, which will support the shares of mining companies; - On the other hand, came the American Petroleum Institute data on the growth of oil and petroleum products in the United States. Now comes information on the hydrocarbon reserves of the Ministry of Energy, USA: expected growth in oil reserves and the reduction of stocks of petroleum products, owing to the planned reduction in production at refineries in the United States. With regard to economic statistics, in Britain today are data on unemployment, it is expected a slight reduction in the number of unemployed. In Japan, already eliminated data on the growth of orders in the engineering industry, the increase was 10,5%, which is more than 2 times better than analysts' expectations; - Today is not expected a very rich background of financial reporting. The focus will be reporting ING and Macy's; - in general, at the opening of trading in Europe today, analysts ASYL INVEST expect moderate growth in stock markets on continued weakening U.S. dollar and positive economic statistics from China and Japan, and overall positive mood of investors only support this trend. - At present, record low interest rates refinancing, as well as a huge foreign debt and U.S. budget deficits lead to a weakening U.S. dollar on the world's leading currencies, rising against this background that quotations on commodity markets, in particular the growing market of precious metals. Gold prices rising for seven consecutive trading sessions, regularly updating the historical highs, confidently overcome level of $ 1100/tr.unts. In the nearest time quotations in gold prices should consolidate at current levels. Analysts of ASYL INVEST give the following advice for investors in the GDR Plus Gold JSC (LSE: PLZL): during the last few sessions, shares of the company grew steadily, supported by high prices for gold, which is not generally characteristic of the shares of the issuer. Von corporate news for the company formed a rather poor, respectively; shares of the issuer did not receive any fundamental support. Analysts of ASYL INVEST remain targeted for sale, a recommendation on shares of Plus Gold. According to ASYL INVEST the potential for further growth in securities of companies in the short run is exhausted, some analysts have raised the recommended level of sales to $ 32 per ADR issuer. Trading recommendations of ASYL INVEST in securities of companies as follows: it is recommended to buy at $ 27, sell at $ 32 per ADR. On the debt market analysts of ASYL INVEST recommend that investors pay attention to the coupon bonds KZPP1Y05B763 JSC in Karaganda Zharyk (KRZHb1, PEFC. Yield on 57.5% and after Net price at 69.4912% of face value, coupon rate - 14 % per annum, repayment period: 23.12.2010 - 10.01.2011). For investors with a speculative purpose it is recommended to pay attention to these bonds, analysts of ASYL INVEST expect a rise in prices of securities under the influence of relatively good financial results for the 9 months of this year, and after falling bond prices after the last transaction. According to the published financial statements for the 9 months of this year, company has seen growth of liquidity, reduced debt load and increase revenue from sales of products and services. 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. [2009-11-11]