Market chart
Blue chip
| Ind. | Close | Ch., % | Change, % | ||||
|---|---|---|---|---|---|---|---|
| D | W | M | Y | ||||
| VTB |  | 0,0014 | 0,00 | 0,00 | 0,00 | 45,00 | 45,00 |
| Gazprom Neft | | 3,5000 | 0,00 | 0,00 | 7,69 | 25,00 | 25,00 |
| Gazprom |  | 5,9700 | 0,32 | 5,66 | 3,29 | 21,84 | 21,84 |
| Norilsk Nickel | | 111,30 | 6,30 | 6,00 | -0,18 | 25,06 | 25,06 |
| LUKOIL | | 55,300 | 2,60 | 4,93 | 5,53 | 19,18 | 19,18 |
| MTS | | 6,1000 | 0,15 | 2,52 | 7,96 | 15,09 | 15,09 |
| Rosneft | | 6,7500 | 0,30 | 4,65 | 2,27 | 23,40 | 23,40 |
| Pole-Gold | | 45,000 | 0,00 | 0,00 | 2,62 | 5,88 | 5,88 |
| Rostelecom | | 6,2250 | 0,00 | 0,00 | 2,05 | -32,12 | -32,12 |
| Sberbank | | 1,7000 | 0,14 | 8,97 | 20,14 | 91,44 | 91,44 |
| Surgutneftegas | | 0,8300 | 0,04 | 5,06 | 1,22 | 13,70 | 13,70 |
| Tatneft | | 4,3000 | 0,20 | 4,88 | -1,83 | 35,65 | 35,65 |
Recommendations
| Ind. | Close | TP, USD | Up/Dn, % | Rec. |
|---|---|---|---|---|
| VTB | 0,0014 | 0,0000 | 0,00 | |
| Gazprom Neft | 3,5000 | 4,9100 | 40,29 | Hold |
| Gazprom | 5,9700 | 9,0160 | 51,02 | Buy |
| Norilsk Nickel | 111,30 | 131,40 | 18,06 | Buy |
| LUKOIL | 55,300 | 75,040 | 35,70 | Buy |
| MTS | 6,1000 | 9,4900 | 55,57 | Buy |
| Rosneft | 6,7500 | 8,1080 | 20,12 | Hold |
| Pole-Gold | 45,000 | 48,670 | 8,16 | Hold |
| Rostelecom | 6,2250 | 3,4400 | -44,74 | Sell |
| Sberbank | 1,7000 | 4,6210 | 171,82 | Accumulate |
| Surgutneftegas | 0,8300 | 1,1320 | 36,39 | Buy |
| Tatneft | 4,3000 | 4,9020 | 14,00 | Hold |
Daily review - September 3, 2010
VTB summed up the results of 1H 2010 by IAS. Net profit of the bank by the end of 1H 2010 formed 25.1 bn RUR, assets grew to 3.6 bn RUR, volume of net credit portfolio grew within a half year by 10.5% to 2.6 bn RUR.
OGK-6 reported by IAS for 1H 2010. Sales of the company formed 22.7 bn RUR, EBITDA dropped to 2.1 bn RUR, net profit - to 0.8 bn RUR.
FST is discussing yield margins for RAB for FNC. FST is discussing the volume of yield margin for old and new capital for FNC.
Half year results of Evraz. IAS sales of the company grew up to 6.38 bn USD. EBITDA upped to 1.2 bn USD. Net loss of the company formed 270 mn USD.
Vimpelcom Ltd summed up the half year results. Yesterday Vimpelcom Ltd summed up the results of 2Q and 1H 2010 by US GAAP. Sales of the company within the quarter formed 2.6 bn USD (+23.1% versus 2Q 2009), OIBDA upped by 16% to 1.3 bn USD, net profit reduced twice to 335 mn USD.
Daily review - September 2, 2010
August 31 LUKOIL outputs financial results according to GAAP for 2Q 2010. Sales revenue showed 29% growth versus the similar period of the previous year. Net profit lost 16% in 2Q 2010. EBITDA reduced by 10%, EBITDA margin shower reduction also
TGK-1 reported for 1H 2010 by IAS. We estimate the output report neutrally due to the common trend of ratable growth of sales and operating expenses has already been visible in RAS report for the given period. Besides, hydro generation assets (46%) are a part of TGK-1 and RusHydro and Fortum are claiming them, so soon their extraction and sale is possible. Due to considerable possibility of reorganization current estimates of the company's activity are of moderate interest as we see them.
Daily review - August 31, 2010
Currently it is reasonable for the company to buyback the additional share portfolio from the American ConocoPhillips. President of LUKOIL Oil Company Vagit Alekperov believes that currently it is reasonable to buy back the additional portfolio from the Ameircan ConocoPhillips.
Rostelecom is correcting the method of accounting dividends on the preferred shares. Board of Directors of Rostelecom made a decision on calling an unscheduled shareholders meeting. It is planed to adopt intermediate dividends for 9 months of 2010 at the meeting. Besides, a matter of introducing changes to the company's regulations in the point of dividends calculation method: it is supposed to present the point in addition, which provides for counting dividends for preferred shares concluding from actual number of them.
Daily review - August 30, 2010
Public hearings on Rosneft-Krasnodarorgsintez project in Termyuk did not take place. "Inaudible-overflow land zone deposits' development (third stage of construction) project is being meant. Development of Chumakovskoe and Svistelnikovskoe deposits, expansion of oil development at Ramsarskie sites of wetlands Kuban estuary in Temryukskiy and Slavyanskiy Regions".
FNC launches placement of the additional emission on September 3. FNK begins placement of the additional emission, which will form 2.29% of the existing capital or 14 bn RUR. Notes will be placed via public offer. It is supposed that the state will buy back 11.2 bn RUR of shares, the other part will be available to minority within the frames of the priority buy back.
Daily review - August 27, 2010
NOVATEK accounts on introducing the plant on output of LNG. NOVATEK accounts on introducing the plant on output of LNG into operation in Yamal basing on the South-Taimir deposit within the time constraints announced earlier - 2015-2016, despite the delay of the decision making on the final investment.
Bank of Russia announced July stats on the sector. Positive sigmals are visible in the sector, but its still is early to speak about the stable trends.
MTS summed up 2Q 2010 results. US GAAP sales of MTS for 2Q 2010 formed 2.8 bn USD, OIBDA - 1.3 bn USD, net profit - 354 mn USD.