Forecasts and recommendations of analysts of BTA Securities (Kazakhstan) for August 27, 2011

/IRBIS, August 27, 2011/ - JSC BTA Bank's Subsidiary organization BTA Securities (BTA Securities, Almaty) has provided IRBIS with a survey of main events, forecasts and investment ideas for August 27, 2011. According to the report, analysts note that the premarket on world markets is composed as follows: - Good growth on U.S. markets is likely to lead today to risky purchases in a locale. Rally at KASE could have taken place a day earlier, but domestic investors have decided to insure and secure profits in anticipation of key events in the U.S. Today due to movement of business days the decrease in market activity is possible, surges of quotations are expected, in particular - raw materials producers - from 1.3% and higher. Banks may also be in the black for more than 1%. At closing, the value of KASE index may be increased within 1.2-2%. Analysts of BTA Securities give the following advice for investors in securities of issuers in Kazakhstan: ----------------------------------------------------------------------- Last. Target price Recommen- Poten- Issuer SE price for 2011 dation tial, % -------------------------- ---- -------- ------------ --------- ------- Banks ----------------------------------------------------------------------- KAZKOMMERTSBANK-GDR LSE 3.4 6.2 Buy +84.4 KAZKOMMERTSBANK KASE 294.0 452.0 Buy +53.7 KAZKOMMERTSBANK -PREF KASE 150.0 226.0 Buy +50.7 HALYK BANK-GDR LSE 6.4 13.6 Buy +113.8 HALYK BANK KASE 247.0 474.0 Buy +91.9 HALYK BANK -PREF (HSBKP) KASE n/a 237.0 Buy n/a HALYK BANK -PREF1 (HSBKP1) KASE n/a 237.0 Buy n/a BANK-CENTER-CREDIT KASE 405.0 - Neutral n/a -------------------------- ---- -------- ------------ --------- ------- Oil-and-Gas ----------------------------------------------------------------------- KAZKMUNAIGAZ-GDR LSE 15.5 22.7 Hold +47 KAZKMUNAIGAZ KASE 13,750.0 20,062.0 Hold +46 BMB MUNAI AMEX 0.94 n/a Review n/a -------------------------- ---- -------- ------------ --------- ------- Metallurgy: ----------------------------------------------------------------------- KAZAKHMYS PLC LSE 991.0 1,427.0 Buy +44 ENRC LSE 623.0 1,216.0 Buy +95 KAZAKHGOLD-GDR LSE n/a n/a Review n/a URANIUM ONE LSE 2.7 3.3 Buy +21 -------------------------- ---- -------- ------------ --------- ------- Companies with small capital: ----------------------------------------------------------------------- Kazakhtelecom KASE 17,100.0 33,825.0 Buy +98 STEPPE CEMENT LSE 32.3 n/a Review n/a ----------------------------------------------------------------------- This material has exclusively informative character and is not the offer or recommendation to make any transactions with the stocks. Irbis Agency doesn't take responsibility for the opinions which are in present material. [2011-08-27]