Investment ideas by ASYL INVEST JSC (Kazakhstan) analysts' on February 9, 2010

/IRBIS, February 9, 2010/ - ASYL INVEST JSC (Almaty) provided an overview of major events and their investment ideas and forecast to IRBIS on February 9, 2010. According to the massage the analysts of ASYL INVEST expected at international stock markets: - Today, analysts of ASYL INVEST expected decline of stock markets in Europe. In the U.S. markets yesterday showed a decrease of the background of growing concerns about public debt of Greece, Portugal and Spain. Among the leaders of reducing trade results were shares of mining and metallurgical and financial sectors. Analysts ASYL INVEST expect that during the European trading today, the pressure will feel exactly the paper of these sectors, because yesterday, shares of mining companies in Europe have shown growth. - In Europe today, will be published data on the trade balance of Germany and the UK. In the corporate sector are expected to publish reports of such companies as: UBS, Coca-Cola, Biogen, etc. - Asian stock indexes are now showing differently directed dynamics. Japanese stock index Nikkei 225 moderately reduced within 0.5%. Hong Kong Hang Seng varies slightly. Chinese Shanghai Composite shows a slight increase in the limits of 0.4%. Nearby futures for Brent crude traded at $ 69.7 per barrel, Mark WTI about $ 71.4 per barrel. Gold is trading at 1065 $/ounce, Silver - 15.1 $/ounce, Copper - 2.9 $ / lb. Futures on U.S. indexes are now showing a slight increase. Rate EUR / USD - 1.3666, GBP / USD - 1.5589. - Analysts of ASYL INVEST expect a moderate negative dynamics in the Kazakhstan market. Analysts of ASYL INVEST give the following advice for investors in equity securities of Russia's oil and gas sector, Gazprom (LSE: OGZD), LukOil (LSE: LKOD): during yesterday's trading quotations of depositary receipts of oil and gas sector in Russia demonstrated a significant decrease. Quotes of Gazprom fell by 3.5% to $ 22.93, Lukoil on 1.9% to $ 52. The pressure on listed companies and on Russia's stock market has a weak trend in prices for oil. Russia's indexes have fallen more than 10% of its local maxima, indicating a continuing bear sentiment in the markets. In the coming days will be published data on commercial stocks of crude oil and petroleum products in the United States. It is expected that the reserves have grown, which may provide additional pressure on oil companies and quotes. Meanwhile, however, quotes, and Gazprom, and Lukoil are approaching oversold, and analysts ASYL INVEST recommend to look closely to these securities with short-term speculative purposes. Current trading recommendations ASYL INVEST on securities Gazprom: buy (averaged position) at $ 22.5, to sell (part of record profits) at $ 27. Current trading recommendations on securities Lukoil: buy (averaged position) at $ 50, to sell (part of record profits) at $ 56.75. Opening the position of one lot (without the possibility of averaging and build positions), it is recommended to install close Stoppa-bands. On the debt market analysts of ASYL INVEST recommend conservative investors to pay attention to the coupon subordinated bonds KZPC3Y08B873 Tsesnabank (TSBNb5, PEFC. Yield - 20%, net price - 62.4743% of face value, coupon rate - 6.8% indexed to inflation, maturity date - 28.06.14). Analysts ASYL INVEST expect a rise in prices of debt instruments of the issuer under the influence of communication on the repayment of bank eurobonds worth $ 125 million bond rate of return data is also quite attractive on the basis of relatively good financial position of the bank. According to the Bank's financial statements, at the end of September 2009, at the issuer reasonably good indicators of liquidity. Value of liquid assets to total assets was 18%. The bank also expanded its client base. During the reporting period, accounts and customer deposits rose by 8%, while loans to customers increased by 14%. According to the FSA on 01 December 2009, non-performing loans amounted to 6.85%, while the average for the banking sector of Kazakhstan, 9,66% (without BTA Bank, Alliance Bank and Temir Bank), which indicates a relatively good quality loan portfolio. Trading recommendations of ASYL INVEST: buy when the yield of 20% and sell when the yield of 13%. 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. [2010-02-09]