Investment ideas by ASYL INVEST JSC (Kazakhstan) analysts' on December 8, 2009

/IRBIS, December 8, 09/ - ASYL INVEST JSC (Almaty) provided an overview of major events and their investment ideas and forecast to IRBIS on December 8, 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 consists indefinitely. Lateral dynamics of yesterday's trading showed that investors' appetite for risk has declined, however, this decline may be temporary, and may soon happen bounce up from current levels; - Currently the leading Asian indices showing a decrease in quotations, futures on commodities markets show overall positive dynamics quotes, futures for the American indexes show a slight increase. Rate EUR / USD pair changes slightly, however, if growth in demand for risky assets, the U.S. dollar could once again fall back to a mark of $ 1,50 / EUR; - Today is expected to yield the following economic statistics: in the U.S. are data on consumer credit in October, as well as data on an index of economic optimism, in Germany and Britain are data on industrial production in October: expected slowdown in industrial production; - Today should pay attention to the accounts of companies - Lukoil, Mechel, The Kroger; - in general, at the opening of trading in Europe today, analysts of ASYL INVEST expect moderate growth of quotations in the belief that "pre- Christmas rally" still take place. It is recommended to open positions in the shares of those companies whose quotes will sink to attractive price levels. Analysts of ASYL INVEST don't see the fundamental factors for the reduction in global stock markets. - Today analysts of ASYL INVEST expect lower stock price in the domestic market, which would be subject to a slight drop in European stock markets during yesterday's trading session. Analysts of ASYL INVEST give the following advice to investors on the GDR of Gazprom OJSC (LSE: OGZD), Lukoil OJSC (LSE: LKOD): during yesterday's trading showed a decrease in Russia's stock market. Quotes securities companies Gazprom, Lukoil declined by 1.90% and 3.08% respectively, resulting in stock prices of these companies have achieved the recommended levels of purchase. Analysts ASYL INVEST believe that Russia's negative on the stock market does not have a significant fundamental reason, but you can still expect a slight reduction of quotations on Russian trading floors, respectively, the attractiveness of buying securities of these companies will grow. Analysts of ASYL INVEST recommend to buy securities of these companies at current levels, and give the following short-term trading recommendations: Gazprom ADRs are recommended to buy at $ 22.25, sell it - at $ 27; Lukoil ADRs are recommended to buy at $ 56.70, sell it -- at $ 63. On the debt market investors with an increased appetite for risk analysts of ASYL INVEST recommend that investors pay attention to the coupon bonds KZPC2Y05B871 Tsesnabank JSC (TSBNb4, PEFC. Yield - 23%, after. Net price - 81.5645% of face value, coupon rate - 8%, the repayment period: 16.06.11-29.06.11). Analysts of ASYL INVEST don't exclude a rise in prices of securities upon the liquidation of the issuer of Eurobonds with maturity in February 2010. Early Chairman of the Board Tsesnabank "reported that the bank repay its immediate debt obligations. Moreover, to date Eurobond issuer (TSESNA 10) traded with a relatively high discount, respectively, for the bank would be more profitable to buy rather than to restructure. Bank's financial results for the nine months of this year were relatively good, in particular, an increase in liquidity ratios and improvements in profitability. For the nine months of 2009 the bank showed a net profit of KTZ 1.8 billion, compared with a net loss of KTZ 1.7 billion for the same period last year. 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. [2009-12-08]