Investment ideas by ASYL INVEST JSC (Kazakhstan) analysts' on February 12, 2010

/IRBIS, February 12, 2010/ - ASYL INVEST JSC (Almaty) provided an overview of major events and their investment ideas and forecast to IRBIS on February 12, 2010. According to the massage the analysts of ASYL INVEST expected at international stock markets: - Today, analysts of ASYL INVEST expected growth of stock markets in Europe. Trading Dynamics in the United States will determine the data on retail sales in the country in January. It is expected that indicators of retail sales will grow. Positive statistics can support the U.S. and European markets, otherwise, investors will prefer to close positions. Influence the course of trading in Europe today can also provide data for the December numbers of industrial production in the euro area. Expected modest growth. Germany will be published interim data on GDP for the fourth quarter of 2009. It is expected that the figure will be revised downwards to 0,7% to 0,2%. On the dynamics of quotations of oil could affect the data of the Department of Energy. It is expected that commercial stocks of crude oil and gasoline increase. - Kazakhstan is expected publication of the January numbers of industrial production. It is expected that the figure will rise to 13% in annual terms. Analysts of ASYL INVEST do not expect the impact of these data on the domestic market. In general, this is likely to increase moderately stock price KASE index in response to positive trading in Europe and the U.S. yesterday. - Today will report such companies as: ThyssenKrupp, ENI, Petropavlovsk plc, likely accounting Norilsk Nickel, Mechel, Sberbank and Vimpelcom. - Asian stock indexes are now showing moderate growth. Japanese stock index Nikkei 225 rising to within 0.75%. Hong Kong Hang Seng adds 0,2%. China's Shanghai Composite and Shenzhen Composite grow within 0,5%. Nearby futures for Brent crude traded at $ 73.8 per barrel., Mark WTI about 75, $ / bbl. Gold traded at in 1090 $ / ounce., Silver - 15,6 $ / ounce., Copper - 3.12 $ / lb. Futures on U.S. indexes are now showing a slight decrease within 0.2%. Rate EUR / USD - 1.3660, GBP / USD - 1.5680. Analysts of ASYL INVEST give the following advice for investors on equity securities ENRC (LSE: ENRC, KASE: GB_ENRC): in the course of yesterday's auctions of the quotation of shares increased in price by 1.7% to a mark of 9.36 pounds. However, during the European trading session, the growth of quotations reached the mark in 9.58 pounds. The actual maximum of the day for shares of the company was at the upper boundary of a downward local channel. Slightly higher at 9.6 pounds analysts of ASYL INVEST see one of the intermediate levels of resistance. On Fibonacci levels from May 2009, current quotes are near the level of correction in 76.4%, which corresponds to a price of 9.3 pounds. The closest support level we see in the area of 8.5 pounds, which corresponds to the level in the Fibonacci 61.8%, and also corresponds to the lower boundary of the downward channel. Before the opening of trading today, shares of the company formed for the positive external background. Trading recommendations ASYL INVEST in securities of the company: buy (averaging positions) at 8.5 pounds (2 000 tenge), sell (part of record profits) at 10.5 pounds (2 450 tenge). 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 investors, risk tolerance, to draw attention to the coupon bonds KZPC2Y05C051 JSC "Holding KAZEXPORTASTYK (KASTb2, PEFC. Yield - 21%, net price - 83.4260% of face value, coupon rate - 6.8%, indexed to inflation, maturity date - 28.06.11). Analysts ASYL INVEST considered sufficiently attractive options bonds, based on the relatively good financial condition of the company. According to the company's financial statements at the end of September 2009, an increase in rates of return. Revenue rose 32%, net profit increased by 19% compared with corresponding figures for 2008. The liquidity ratio at the company is at a sufficiently high level, short-term assets exceed more than two times current liabilities. However, the company's debt load is relatively high. Since the coefficient of debt / equity (Debt / Equity) fell from 2.38 x to 2.17 x. Trading recommendations ASYL INVEST: buy when the yield 21%, selling at 12% return, or hold to maturity. 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. [2010-02-12]