Investment ideas by ASYL INVEST JSC (Kazakhstan) analysts' on December 25, 2009

/IRBIS, December 25, 09/ - ASYL INVEST JSC (Almaty) provided an overview of major events and their investment ideas and forecast to IRBIS on December 25, 2009. According to the massage the analysts of ASYL INVEST expected at international stock markets: - on Thursday the stocks trades were in a reduced mode in the United States, but this did not prevent the leading U.S. indices finish the session increased by more than half of one percent. Data on orders for durable goods excluding vehicles in November surpassed analysts' expectations, as well as the value of the previous month. The number of initial applications for unemployment benefits in the U.S. declined for the week to 452 thousand, which was better than market expectations. Shares of the company Boeing, the world's largest manufacturer of commercial aircraft, rose after it became known that the company received 46 new orders for planes. - trading in European stocks markets on the eve of Christmas, also were in a reduced mode, but the overall positive market participants, based on expectations of recovery in the world economy in 2010 led to a moderate growth of major European indices. Shares of Royal Dutch Shell and Total added thanks to the growth of quotations of futures for oil. - Today, U.S. stock markets, Europe and Australia will be closed in observance of Christmas, in fact, trading on the London Stock Exchange will be closed and on Monday. Analysts of ASYL INVEST give the following advice for investors in equity securities traded on the Kazakhstan stock exchange (KASE: KKGB, HSBK, CCBN, RDGZ, GB_ENRC, GB_KZMS, KZTK): Yesterday the U.S. stock markets and European auctions were held in conditions of reduced working the day in anticipation of the Christmas holidays. Most stock exchanges do not work today, and consequently the domestic market remains without external guidance and drivers. The following trades in securities of issuers in Kazakhstan on international markets, investors will see only on Tuesday December 29. Today, investors, analysts of ASYL INVEST say apparently chose not to be more active. Stock quotes of KASE index today will seek to close the gaps in prices for stocks that have a dual listing. Shares of BCC, according to analysts of ASYL INVEST, fell to attractive levels for purchase. Current trading recommendations of ASYL INVEST on paper stock index KASE: - Kazakhmys - buy at KZT 2,850 and sell at KZR 3,150; - ENRC - buy at KZT 2,000 and sell at KZT 2,200; - KazMunaiGas EP - buy at KZT 21,300 and sell at KZT 23,150; - Kazkommertsbank - buy at KZT 630 and sell at KZT 750; - HalykBank - buy at KZT 300 and sell KZT 370; - BankCenterCredit - buy at KZT 730 and sell at KZT 900; - Kazakhtelecom - buy at KZT 15,200 and sell KZT 19,200; On the debt market analysts of ASYL INVEST recommend investors, risk tolerance, to draw attention to the coupon bonds KZ2C0Y05C515 JSC Agricultural credit corporation (AGKKb1, PEFC. Yield - 11%, net price - 93.3726% of face value, the current coupon rate - 8.1% per annum, repayment period: 10.08.12 - 20.08.12). Analysts of ASYL INVEST considered attractive options these securities based on low risk of insolvency of the issuer. The sole shareholder is the National Holding KazAgro, completely controlled by the Government of Kazakhstan. In addition, analysts ASYL INVEST does not exclude a positive effect on the bond issuer's message regarding the completion of negotiations with Commerzbank AG with regard to changes in the terms of the contract for a loan of $ 136 million, on which there were violations in July this year and the elimination of the Issuer from CreditWatch rating agency S&P, with a stable outlook, long-term credit rating - BB. Trading recommendations ASYL INVEST- buy when the yield of 12% and sell when the yield of 9%. 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. [2009-12-25]