Home / Research

Daily monitor

Strategy
March 29, 2010Fitch increases rating outlook for Kharkiv

The Fitch international ratings agency improved its outlook on the credit ratings of the City of Kharkiv from ‘negative’ to ‘stable’. Fitch maintained its long-term rating for Kharkiv (both in the national and foreign currency) at the ‘B-’ level.

Research
March 26, 2010UMH improved earnings in 2009 despite revenue drop

The United Media Holding estimates its 2009 sales at USD 96 mln, a 19% decline YoY. However, the Company managed to post a profit of USD 0.1 mln, compared to its USD 52 mln net loss in 2008.

Agriculture
March 26, 2010Ukraine to import 100 thsd tonnes of sugar from Belarus

The Minister of Agrarian Policy Mykola Prysyazhnyuk stated that the import of 100 thsd tonnes of sugar should be considered to cover the shortage of sugar supply on the domestic market.

Metals and Mining
March 26, 2010Alchevsk ISW finished FY2009 with USD 112.3 mln in net loss

According to information published on the agenda for the AGM of Alchevsk ISW [ALMK UK], the Company’s net loss in FY2009 was rather heavy, reaching USD 112.3 mln.

Machinery
March 26, 2010Motor Sich to pay dividends of UAH 3.1 per share

Motor Sich [MSICH UZ, U/R] plans to pay out UAH 5.9 mln in dividends for 2009, which amounts to UAH 3.1 per share. This decision was taken by shareholders at the Company’s general meeting, held on Wednesday, March 24.

Machinery
March 25, 2010SPF plans for LTPL privatization in April

The State Property Fund, the current holder of the state’s 76% stake in Luhanskteplovoz [LTPL UZ, U/R], plans to announce the privatization of the Company in April. The starting price, according to the Deputy Head of the Fund, Mr. Ryabchenko, will be a little higher than UAH 400 mln (USD 50 mln).

Metals and Mining
March 25, 2010Poltava GOK posts USD 22.3 mln net income for FY2009

According to information published in the agenda for the AGM of Poltava GOK [PGOK UK], the Company’s net income in FY2009 declined by 69.7% to USD 22.3 mln.

Agriculture
March 25, 2010Astarta purchases 19 tractors for EUR 3 mln

Astarta [AST PW, BUY], a major agro-holding in Ukraine, has announced that it has purchased 19 Fendt tractors for a total sum of EUR 3 mln for agricultural farms located in the Poltava region.

Agriculture
March 25, 2010Global sugar price reaches 8-month low

The price of white sugar in London, with delivery in May, has fallen to its 8-month low at USD 463.4 per tonne. In fact, this is the lowest point seen since July 20, 2009. Just a day before, on Tuesday, the price fell by 6.7%. Thus, the correction has amounted to 40% since the 20-year hike in January, caused by an improved forecast for sugar production in India and the outright refusal of some countries, including Egypt and Pakistan, to purchase sugar.

Metals and Mining
March 24, 2010Ferrexpo releases preliminary financials for FY2009

Ferrexpo [FXPO LN], the second largest iron ore producer in Ukraine, which is headquartered in Switzerland, has released its financial results for FY2009. Its net sales decreased by 42% to USD 648.7, while its EBITDA dropped by 72.6% to USD138.1 mln and net income declined by 78.5% to USD 74.8 mln. The main reason for such a decline in net sales was the 46.8% contraction of the average DAF/FOB price for iron ore to USD 66.3 on the back of low demand for iron ore globally. Given the positive financial results achieved in tough economic conditions, the Company plans to pay out dividends at USD 0.033 per share.

[1 … 49 50 51 52 53 54 55 56 57 58 59 60 61 … 228 ]

E-Mail Password
Register
Forgot your password?

Stock indices

			Δ, day	Δ, %
PFTS	(17:30)	266,52	0,09	0,03%
UX	(13:59)	1 051,86	-1,05	-0,10%

NBU Exchange Rates

		Δ, day	Δ, %
USD	2 603,66	0,55	0,02%
EUR	2 912,72	4,26	0,15%
RUB	4,41	0,05	1,13%