Investment ideas by ASYL INVEST JSC (Kazakhstan) analysts' on January 20, 2010

/IRBIS, January 20, 2010/ - ASYL INVEST JSC (Almaty) provided an overview of major events and their investment ideas and forecast to IRBIS on January 20, 2010. According to the massage the analysts of ASYL INVEST expected at international stock markets: - Today on the course of trading in Europe and the U.S. will have a big impact its financial statements of a number of U.S. companies. Accounts for the fourth quarter of 2009 publish - Bank of America, Morgan Stanley, Northern Trust, US Bancorp, Wells Fargo & Co, eBay and Starbucks, etc. It is expected that Bank of America will report on the loss of $ 0.52 per share. Market support may have positive statements IBM, which was published after the completion of trades in the United States. Company reported earnings of $ 3.59 per share and has been at the level of expectations, as well as the company increased its forecast for 2010. - Somewhat less influence on the bidding will provide macroeconomic data. In particular in the United States will be published data on producer prices index for December. It is expected that the index does not change. There will also be published data on the volume of construction started and the data on the number of permits for the construction of new homes in December. It is expected that rates will rise. In the UK there are data on unemployment. - Asian indices are currently showing differently directed dynamics. Japanese indexes added about 0.5%, in China and Hong Kong down by more than percent on speculation that the Chinese government will resort to a reduction in government stimulus measures to prevent overheating of the economy. - Futures on U.S. indices now vary slightly. Analysts of ASYL INVEST give the following advice for investors on the following equity securities - Halykbank (LSE: HSBK, KASE: HSBK): during yesterday's trading the bank depository receipts rose in price by 2.4% to a mark of $ 10.5, which is a new maximum value for the last year. In general, analysts ASYL INVEST expect growth of quotations and expect further growth. However, quotas exceeded the upper limit of the channel Bollinger'a, as well as on the RSI indicator quotes look overbought. Current trading recommendations ASYL INVEST "according to papers the company left unchanged. If confirmed, trend analysts ASYL INVEST reconsider price levels upwards: to buy (build positions) at $ 9 (KZT 330), sell (partially cut position) at $ 10.45 (KZT385) - NOVATEK (LSE: NVTK): during yesterday's trading depositary receipts of the company have risen in price by more than 6% to a mark of $ 75.8, which is a new maximum value for the last year. The company yesterday reported that gas production increased by 6.2% - to 32.78 billion cubic meters. m. in 2009, compared to 2008. Production of liquid hydrocarbons on preliminary results in 2009 amounted to 3,049 million tones, a 17.9% increase over 2008. At the same time in the fourth quarter 2009 natural gas production increased compared to the same period in 2008 to 11.4% - to 8.98 billion cubic meters. m. liquids production increased by 17.8% - up to 834 tons Analysts ASYL INVEST change their current trading recommendations on securities of the company: buy at $ 69.8, sell (partially cut position) at $ 80. On the debt market analysts ASYL INVEST recommend that investors pay attention to the coupon subordinated bonds KZP02Y10C725 Kazkommertsbank (KKGBb4, PEFC. Yield - 13.5%, net price - 83.2039% of face value, coupon rate - 8.9 %, indexed to inflation, maturity date - 25.03.15). Analysts ASYL INVEST considered sufficiently attractive options bonds, based on the good position the bank and the low risk of insolvency of the issuer. Also expected to increase in prices of bonds of data, as well as price levels of securities are slightly lower than the other bonds of the bank. In addition, bonds are traded at a good level of profitability, taking into account the prompt payment of coupons (coupon payments are expected March 25, 2010). In 2009, the Bank did a good enough credit. In November 2009 the bank repaid eurobonds worth $ 500 million in July to 25 billion yen in December, the Bank repaid syndicated loan worth $ 300 million and partially extinguished eurobonds. Besides the bank to pay coupons on its bonds. Trading recommendations ASYL INVEST: buy when the yield of 14% and sell when the yield of 10%. 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. [2010-01-20]