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]