Review of key events from analysts of ASYL INVEST (Kazakhstan) on March 30, 2010

/IRBIS, March 30, 2010/ - ASYL INVEST JSC (Almaty) provided IRBIS overview of major events and their investment ideas and projections on March 30, 2010. Analysts of ASYL INVEST distinguish the following important events in the markets: - Kazakhmys: Today published its financial results for the year 2009. Today, the company will publish its financial results for the year 2009. Analysts of ASYL INVEST expect the company's revenue last year at $ 3485 million, the consensus forecast of Bloomberg implies revenue of $ 3545 million, net profit is expected to ASYL INVEST at $ 928 million, while the market expects earnings per level of $ 915 million, earnings per share analysts of ASYL INVEST expected at $ 1.73, the consensus forecast implies - $ 1.71. Analysts of ASYL INVEST do not expect significant surprises from companies reporting over the past year, but expect the company forecasts for 2010. - Frontier Mining: Results of exploration. Yesterday the company issued a press release on the results of exploration on a copper deposit Bencal. According to the results, the copper content in ore was slightly increased in comparison with ongoing intelligence work in the Soviet period. The news is moderately positive for the company, since data on metal content in ore confirmed and slightly exceeded the data obtained in studies in the Soviet period. Analysts of ASYL INVEST do not expect a material impact on the dynamics of news of the company. - Ivanhoe Mines: conducted the first phase of exploration at the deposit Bakyrchik. Yesterday the company issued a press release on the results of work on the field Bakyrchik, located on the north-eastern Kazakhstan (near the city of Ust-Kamenogorsk), and develop controlled by Altynalmas Gold Ltd. The company drilled more than half of the planned volume of test wells. According to the results, the average actual contents of the metal in the ore was 8.83 grams per tonne of ore from the actual reserves of about 2.5 million ounces of gold. Probable reserves at the same time in the order of 4.4 million ounces with an average gold grade of 9 grams per tonne. The news is positive for the company's shares, which have demonstrated growth during yesterday's trading at 3.8%. The company plans to start preliminary work on the feasibility of the project. Construction of the mine is scheduled for 2011, and the first production in 2013. - BHP Billiton and Rio Tinto have made changes in the pricing of iron ore. Companies will no longer use the system of setting annual benchmarknyh prices, which existed more than 40 years. - The court deferred till May 19 lawsuit of Ltd. Goldman Sachs to BTA bank to collect 3.5 billion rubles. - Money supply in Kazakhstan in February increased by 2.1%. - Development Bank of Kazakhstan paid the 8-th coupon on international bonds. Semi-annual coupon - 6% per annum. - Bonds SA Himfarm (CHFMb2) are excluded from the official list of KASE on the initiative of the issuer. - Bonds SA SevKazEnergo (SKENb1) passed listing procedure at KASE under category" Debt Securities with a rating assessment. Options bonds: output - KZT8.0 billion; maturity date - 10/01/2020; semiannual coupon 12.50% APR. 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. [2010-03-30]