Forecasts and recommendations of analysts of IFH RESMI (Kazakhstan) for October 14, 2010

14.10.10 16:54
/IRBIS, October 14, 2010/ - Finance & Investment House RESMI JSC (Almaty, IFH RESMI) provided IRBIS overview of major events and their investment ideas and projections for October 14, 2010. Analysts of IFH RESMI give attention to the following to the important events in the markets: - Hamborner REIT AG (HAB GY) will increase the amount of public offering of 76 million euros. Hamborner REIT AG (HAB GY) - German Real Estate Investment Company. The company is engaged in development and management of residential and commercial real estate in Germany. News REIT to increase the amount of the placement of shares has caused the corresponding 4% reduction value of the shares of the company. When you save a further downward trend of stock price, analysts of IFD "RESMI" consider opportunities to invest in shares of this company. - Hewlett-Packard rushed up (HPQ US). Yesterday it was announced that Hewlett-Packard has received an order for $ 26 million from federal service of insurance USA - Medicare and Medicaid. It is assumed that HP will maintain an integrated database (IDR) and will provide services to improve the system of paying bills Madicare. The background of the news and positive attitudes in American markets yesterday (10/13/2010) HP shares rose by 2.08% and by the end of the trading day reached $ 42.21 per share. IFD "RESMI" recommends "buy / hold" shares of the issuer and in the short term, sees target price at $ 44-46 per share, in the absence of negative news. Analysts IFD "RESMI" believe that the company is fundamentally stable and long-term projected growth to $ 50-52 per share. - Shares of Apple Inc (AAPL US) struck a record $ 300 per share on Wednesday, October 13. Since the beginning of the year, Apple's stock rose 40%. Investors continue to believe in Apple, as a consequence of successful sales of new products as the iPhone and iPad 4, as the company expands its distribution network using Verizon Wireless. It is also expected a large effect from the introduction of technology FaceTime, which will allow iPhone users to 4, and the new iPod Touch share videos - calls through a network of Wi-Fi. 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 440 796 80.9% 385 57.96 Halyk bank 303 409 35.0% 353 44.46 Bank Center Credit 525 1,218 132.0% 944 44.87 RD KMG 16,340 24,895 52.4% 23,887 53.58 Kazkhtelekom 15,900 33,842 112.8% 29,682 78.66 -------------------------------------------------------------------------- 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. [2010-10-14]