Investment ideas by ASYL INVEST JSC (Kazakhstan) analysts' on December 1, 2009

/IRBIS, December 1, 09/ - ASYL INVEST JSC (Almaty) provided an overview of major events and their investment ideas and forecast to IRBIS on December 1, 2009. According to the massage the analysts of ASYL INVEST expected at international stock markets: - overall sentiment in the markets before today's trading develops moderately positive. Key Asian indices traded in positive territory, U.S. futures indices show a slight positive change. Futures on the base and precious metals demonstrate OPPOSITE movement quotes, futures prices for oil change only slightly; - yesterday, background of macroeconomic statistics was meager and has not had a significant impact on world stock markets, except that the yield of positive data on an index of business activity in the United States reaffirmed expectations for the recovery of the world's leading economies. Today, a slightly more intense background of economic statistics, both in the U.S. are data on total expenditure in the construction sector in October, as well as October data on the number of outstanding transactions on sale of housing. Also, there are data manufacturing PMI index in Europe and China, in the euro area are data on unemployment rate in October. Analysts' expectations with regard to these economic statistics are at the level of previous values, so that analysts of ASYL INVEST neutrally evaluate the background from these data; - With regard to corporate reporting, now the important events are not expected; - in general, at the opening of trades in Europe today, analysts of ASYL INVEST expect moderate growth, quotations, European markets will win back the positive closing of the trading session in the United States, and on the basis of trades can be expected to differently directed the dynamics of major European stock indexes. - Today, analysts of ASYL INVEST does not preclude the reduction of prices of shares of KASE index under the influence of reduction of quotations on the European sites during yesterday's trading. Analysts of ASYL INVEST give the following advice for investors in the GDR Exxon Mobil Corp (NYSE: XOM): as of today, analysts ASYL INVEST starting to trade securities on the recommendation of Exxon Mobil and include the company is reviewing the list of issuers, analysts earlier ASYL INVEST reviews this company on an irregular basis. Company Exxon Mobil - the largest private oil company in the world, one of the largest corporations in the world by market capitalization. The company's headquarters is located in Irving, Texas. The company has oil production in various regions of the world, including USA, Canada, Middle East and Azerbaijan. ExxonMobil has a network of stations Bole than 100 countries. In general, analysts ASYL INVEST see growth potential in the shares of the company, subject to higher energy prices and growing demand for oil and petroleum products. The attractiveness of company lies in the fact that the movement of quotations of its shares is cyclical, and it is possible to make speculative transactions with securities companies. Analysts ASYL INVEST give the following advice on trading securities companies: ExxonMobil recommended buy shares at $ 74, sell - at $ 76.5. On the debt market analysts of ASYL INVEST recommend that investors pay attention to the coupon bonds KZPC5Y05B650 Bank CenterCredit (CCBNb12, PEFC. Yield - 13%, after Net price - 95.3639% of face value, the current coupon rate - 9% annum, repayment period: 27.12.2010-16.01.2011). Analysts believe attractive options bonds and do not exclude inflation bonds under the influence of news about attracting bank loan of $ 50 million from the European Bank for Reconstruction and Development. Analysts of ASYL INVEST also fairly positive in view of the financial position of the bank. According to the statements from the bank there is a good influx of deposits during the reporting period customer accounts increased by more than 45%. For nine months of this year the bank earned a net profit of KTZ 5.5 million, which is 11% below the previous year. To date, analysts of ASYL INVEST positively assess the financial position of the bank and expect to increase the profitability of the issuer on the basis of annual financial statements. Based on relatively good financial position of the Bank and the timely payment of coupons on bonds, the risks of insolvency of the issuer are not rated as high. 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. [2009-12-01]