Forecasts and recommendations of analysts of IFH RESMI (Kazakhstan) for May 31. 2010

/IRBIS. May 31. 2010/ - Finance & Investment House RESMI JSC (Almaty. IFH RESMI) provided IRBIS overview of major events and their investment ideas and projections for May 31. 2010. Analysts of IFH RESMI are paying attention to investors on the following important events in the markets now: - Tata Tea is preparing for acquisitions in abroad. The Indian company Tata Tea (TT IN). The world's largest producer of tea. Plans to acquire companies in the U.S.A. Europe and Russia to expand the geography of their own sales. According to the financial statements of 31 March 2010. The Company has approximately $151 million net cash (7 billion rupees). Representatives of Tata Tea announced that they plan to complete the transaction by acquiring the current year. Tata Tea management believes that in order to improve financial performance. Business expansion is a priority strategy. As well as the development of innovative products. It is also noted that in April 2010 Tata Tea and PepsiCo hold talks on joint venture sales non-carbonated beverages. Analysts of IFH RESMI give the following advice for investors in securities of issuers in Kazakhstan: -------------------------------------------------------------------------- Issuer Last price Predicted price* Up/down from Target RSI. Current price price** %*** ------------------ ---------- ---------------- ------------- ------- ----- Kazkommertsbak 465 796 71.2% 928 36.31 Halyk bank 300 409 36.3% 743 45.30 Bank Center Credit 566 1,218 115.2% 1,061 38.68 ENRC 2,188 On review 2,864 43.47 Kazakhmys 2,600 On review 3,379 44.30 RD KMG 18,500 24,895 34.6% 25,078 41.14 Kazkhtelekom 12,430 33,842 172.3% 18,344 21.34 -------------------------------------------------------------------------- Fundamental evaluation IFH RESMI for 12 months (weekly review) ** Target according to the consensus forecast of analysts surveyed by Bloomberg *** Relative strength index - an indicator of technical analysis. determines strength of trend and likelihood of change. Overbought / oversold - when RSI indicator value is closer to 100% / 0%. - Cost of common shares Kazkommertsbank assessment IFD "RESMI" will cost no less than KZT796 per share by the end of 2010; - Halyk Savings Bank of Kazakhstan is estimated IFD "RESMI" as the most promising in terms of business development financial institution in Kazakhstan. Analysts see the growth of the bank's shares up to KZT409 per share; - Shares of Bank CenterCredit in the long term analysts IFD "RESMI" about the outlook for growth in securities of the bank to the level of 1.230 m.; - Stocks of Kazakhtelecom are looking most attractive for investment in the long term. Analysts IFD "RESMI" recommend buying simple shareholders of the issuer. - The updated target price of shares of JSC Exploration Production KMG is KZT24.895 per share. The given material has exclusively information character and is not the offer or recommendation to make any transactions with the stocks. Agency Irbis doesn't take responsibility for the opinions which are in given material. [2010-05-31]