May
13
CTC Media: CTC absorbs the punch of crisis - May 13, 2009
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On Thursday, May 7, CTC Media output report for 1Q 2009 according to US GAAP. Sales totaled 105 mn USD, OIBDA – 39 mn USD, net profit – 23 mn USD.
1Q 2009 should characterized as negative for the Russian advertisement market. As states the message of CTC, the market reduced by 20% and [...]
May
13
Daily Stock review - May 13, 2009
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The week after holidays at the Russian share market began with a rather aggressive growth almost on all directions. The market has totally ignored the technical moments – local overheating and being close to strong resistance levels. Evidently it is all about the oil prices that continue climbing – in course of trades the cost [...]
May
12
Stocks Market today. Strong growth continued at the market following the commodity markets. A wide range of shares was purchased, however, the most favorable ones were the shares of the oil-and-gas sector and banks.
Market tomorrow. We do not exclude lowering tomorrow. The reasons for that might be the following: overheating of the market, [...]
May
12
Daily Stock review - May 12, 2009
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On the last trading day at the Russian stock exchange the mixed dynamics of prices was indicated. On one hand, the results of the stress-tests turned out to be positive, which provoked demand in the bank sector – Sberbank and VTB were purchased actively. On the other hand the necessity of profit fixation was obvious, [...]
May
8
Stocks Market today. Weak attempt to fixate profit was indicated today after rapid growth within a week. Activity of the players has reduced. The oil price lost 0.5 USD versus yesterday’s maximums, however, likely that was the reason for selling Gazprom, LUKOIL and Rosneft. More to that today Gazprom got cutoff, which might have also [...]
May
8
On April 30 Tatneft provided its financial report for 2008 by US GAAP. Having conducted analysis of the report we updated the model of the company introducing several changes to it.
Particularly, we lowered our forecast on oil and oil products distribution prices by 19.2% and 37% respectively. In the long-term period we expect [...]
May
8
On Thursday the RTS index continued rapid growth. The main reason of growth was the commodities’ price: Brent oil reached the level of 58 USD per barrel having renewed the half year maximums, metals were also adding in price at LME. Soon the support came on behalf of the European indices, which opened with growth, [...]
May
7
Stocks Market today. At the market the rapid growth continued at the background of upped volumes: the indices updated the all-time high levels within half year together with oil prices. High activity of the players was indicated in the bank sector on the threshold of stress-tests output. The shares of Sberbank and VTB added about [...]
May
7
We revised our estimation of Gazprom’s shares. The reason for updating the company’s model was the output financial report according to IAS for 2008.
Within 2008 the sales of Gazprom grew by 45.2% to 3,500 bn RUR versus 2007, operating profit – by 79.6% to 1,260 bn RUR, and net profit – 12.9% to [...]
May
7
Daily Stock review - May 07, 2009
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On Wednesday the RTS index opened with lowering versus the previous close level at the background of weak external background. The day before light minus was indicated at the American markets’ close, and also the oil prices corrected to the day-time highs. However, soon the morning decrease was compensated due to the commodity factor. For [...]