Investment ideas by ASYL INVEST JSC (Kazakhstan) analysts' on December 28, 2009

28.12.09 18:24
/IRBIS, December 28, 09/ - ASYL INVEST JSC (Almaty) provided an overview of major events and their investment ideas and forecast to IRBIS on December 28, 2009. According to the massage the analysts of ASYL INVEST expected at international stock markets: - The trades by stocks in the USA and Europe on Friday were not spent in connection with Christmas celebrating. Moreover, the stocks at the London stock exchange will be closed and today. Current week is last in leaving year and again it will appear truncated, activity in the world share markets will be very low. Analysts of "ASYL INVEST" expect preservation of an existing trend of quotations on separate papers: growing stocks will add in the costs decreasing the stocks will continue falling a little. Thus, considering growth of leading world indexes throughout all last week, sentiment before the today's trades in the USA there is a positive. It is possible to expect that managing directors of investment funds will support quotations at high levels that will allow them to maximise the revenue on actives. - For lack of external stimulus, in connection with the day off on LSE, activity in the Kazakhstan share market will be low, analysts of "ASYL INVEST" expect lateral motion of the stock quotes entering into index KASE. Analysts of ASYL INVEST give the following advice for investors in equity securities of "Bank CentrCredit" JSC (KASE: CCBN): on Friday during trading day of the transaction under bank stocks passed on 717 tenges, below recommended to joint-stock company "ASYL INVEST" of the purchase price in 730 tenges. By the end of trading session has passed a number of transstocks following the results of which the final price is fixed on a mark 814.5 tenges. Analysts of "ASYL INVEST" consider the trading recommendations on purchase under bank stocks justified. Current trading recommendations of "ASYL INVEST" about bank stocks remain former: to buy at level 730 tenges and more low, to sell at level 900 tenges. On factor P/B (the relation of a market price to balance cost) bank stocks still remain underestimated, and financial indicators and quality of a loan portfolio give confidence of the future potential of growth of stocks of bank. On the debt market analysts ASYL INVEST recommend investors to pay attention to the coupon bonds KZP02Y03C993 agrarian and industrial complex-Invest Open Company "Corporation" (APKIb2, last yield - 16%, the last pure price - 94,8613% from face value, the current coupon rate - 12% annual, a kind of the coupon rate - fixed, repayment date: 20.05.11 - 02.06.11). Analysts of "ASYL INVEST "do not exclude a rise in prices of the given papers in immediate prospects. The message on financing by the Eurasian bank of development the project on increase in export of the Kazakhstan grain which increases appeal of debt papers of the emitter is marked. Trading recommendations of "ASYL INVEST": to buy at profitableness of 15 % and to sell at profitableness of 10%. The given material has exclusively information character and is not the offer or the recommendation to make any transstocks with the stocks. Agency "Irbis" doesn't take responsibility for the opinions which are in given material. [2009-12-28]