Ansher Capital http://www.alacrastore.com/publisher-rss/acm-ansher-capital-2086 23 Nov 2009 06:35:32 EST 2086 en AlacraStore RSS Builder 1.0 30 10 Jul 2009 12:00:00 ESThttp://www.alacrastore.com/storecontent/Ansher_Capital-Navoi_Free_Zone_Emerging_Industrial_Economic_Heart_of_Central_Asia-2086-15acm2086/Ansher_Capital-Navoi_Free_Zone_Emerging_Industrial_Economic_Heart_of_Central_Asia-2086-15research@ansherholding.com toshtemir.haydarov@ansherholding.com CONTENTS ECONOMIC OUTLOOK Robust #% GDP growth is expected in ####-#### # NAVOI FREE ECONOMIC INDUSTRIAL ZONE (FEIZ) Free Industrial Economic Zone eyes foreign investments # Privileges in FEIZ aim full benefitsCredit & Investment ResearchAnsher Capital19 Mar 2009 12:00:00 ESThttp://www.alacrastore.com/storecontent/Ansher_Capital-Toshkent_Don_Mahsulotlari_Equity_Research_OJSC-2086-14acm2086/Ansher_Capital-Toshkent_Don_Mahsulotlari_Equity_Research_OJSC-2086-14Market Cap.($, mln): #.## Shares Outstanding: #,###,### P/E: ##.## P/B: #.## EPS(US$): #.## Uzbekistan Equity Research Ansher Capital LLC March ##, #### STOCK RATING Please see the last page for disclosuresCredit & Investment ResearchAnsher Capital12 Mar 2009 12:00:00 ESThttp://www.alacrastore.com/storecontent/Ansher_Capital-OZSANOATQURILISHBANK_Company_Report_Uzbek_Joint_Stock_Commercial_Industrial_Construction_Bank_UzPromStroyBank-2086-13acm2086/Ansher_Capital-OZSANOATQURILISHBANK_Company_Report_Uzbek_Joint_Stock_Commercial_Industrial_Construction_Bank_UzPromStroyBank-2086-13Market Cap.($, mln): ###.# Shares Outstanding: ##,###,### EPS(US$): #.## Number of branches ## O’zsanoatqurilishbank is one of the leading banks in Uzbekistan. The bank has received high rating of credit solvency “uzA+” on aCredit & Investment ResearchAnsher Capital11 Mar 2009 12:00:00 ESThttp://www.alacrastore.com/storecontent/Ansher_Capital-HAMKOR_BANK_Company_Report_Joint_Stock_Commercial_Bank-2086-12acm2086/Ansher_Capital-HAMKOR_BANK_Company_Report_Joint_Stock_Commercial_Bank-2086-12Market Cap.($, mln): ##.# Shares Outstanding: ###,###,### EPS(US$): #.## Number of branches ## Hamkorbank is one of the largest privately ow- ned banks in Uzbekistan and focuses on micro and small business lending. The bankCredit & Investment ResearchAnsher Capital04 Mar 2009 12:00:00 ESThttp://www.alacrastore.com/storecontent/Ansher_Capital-PAKHTA_BANK_Company_Report_Joint_Stock_Commercial_Bank-2086-11acm2086/Ansher_Capital-PAKHTA_BANK_Company_Report_Joint_Stock_Commercial_Bank-2086-11Market Cap.($, mln): ##.# Shares Outstanding (mln): ##,###,### Branches ### UzSE Ticker DBHUZ P/E: #.## P/B: #.## EPS(US$): #.## BANKING SECTOR UPDATE: OCTOBER #### During ####, Pakhta Bank’s electronic payCredit & Investment ResearchAnsher Capital04 Mar 2009 12:00:00 ESThttp://www.alacrastore.com/storecontent/Ansher_Capital-IPOTEKA_BANK_Company_Report_Joint_Stock_Commercial_Mortgage_Bank-2086-10acm2086/Ansher_Capital-IPOTEKA_BANK_Company_Report_Joint_Stock_Commercial_Mortgage_Bank-2086-10Market Cap.($, mln): ##.## Shares Outstanding: ##,###,### EPS(US$): #.## Number of branches ## Ipoteka Bank offers a full spectrum of bank services to corporate and private clients. The bank is considered as the most reliableCredit & Investment ResearchAnsher Capital04 Mar 2009 12:00:00 ESThttp://www.alacrastore.com/storecontent/Ansher_Capital-ALOQA_BANK_Company_Report_Joint_Stock_Commercial_Bank-2086-8acm2086/Ansher_Capital-ALOQA_BANK_Company_Report_Joint_Stock_Commercial_Bank-2086-8EXECUTIVE SUMMARY With real GDP growth averaging ##% annually, the Kazakhstan economy benefited an extended period of very rapid growth during the years ####- ####. This growth mainly came thro ugh the strengthening of commodity prices for oil, gas, andCredit & Investment ResearchAnsher Capital26 Feb 2009 12:00:00 ESThttp://www.alacrastore.com/storecontent/Ansher_Capital-BuhoroNeftGazParmalash_Company_Report_JSC_Oil_amp_Gas_Services-2086-9acm2086/Ansher_Capital-BuhoroNeftGazParmalash_Company_Report_JSC_Oil_amp_Gas_Services-2086-9OIL & GAS SERVICES • Expected increase in oil production - According to Uzbekneftgaz, national oil and gas holding company of Uzbekistan, the oil and gas extraction is expected to further accelerate for the period up to ####, in line with a govCredit & Investment ResearchAnsher Capital25 Feb 2009 12:00:00 ESThttp://www.alacrastore.com/storecontent/Ansher_Capital-Galla_Bank_Company_Report_Joint_Stock_Commercial_Bank_Uzbekistan-2086-7acm2086/Ansher_Capital-Galla_Bank_Company_Report_Joint_Stock_Commercial_Bank_Uzbekistan-2086-7#.## #.## #.## #.## #.## #.## #.## #.## #.# #.# #.# #.# #.# #.# #.# #### #### #### #### #### #### #H #### Q# ####Credit & Investment ResearchAnsher Capital25 Feb 2009 12:00:00 ESThttp://www.alacrastore.com/storecontent/Ansher_Capital-Okhangaron_Don_Company_Report_OJSC-2086-6acm2086/Ansher_Capital-Okhangaron_Don_Company_Report_OJSC-2086-6Company Report FOOD PROCESSING INDUSTRY INITIATION OF COVERAGE ## SEPTEMBER #### Within a program on modernization, technical and technological re-equipment of the enter- prises of food processing industry, OJSC Ok- hangaron Don’s long term strategy has been toCredit & Investment ResearchAnsher Capital25 Feb 2009 12:00:00 ESThttp://www.alacrastore.com/storecontent/Ansher_Capital-Quvasoy_Cement_Company_Report_JSC_Uzbekistan-2086-5acm2086/Ansher_Capital-Quvasoy_Cement_Company_Report_JSC_Uzbekistan-2086-5CONSTRUCTION MATERIALS INDUSTRY JSC QUVASOYCEMENT With total share of ##% in cement production, company poised to benefi t from increasing production capacity COVERAGE UPDATE ## NOVEMBER #### Growing demand for cement in Central Asia region as an essential construction materialCredit & Investment ResearchAnsher Capital25 Feb 2009 12:00:00 ESThttp://www.alacrastore.com/storecontent/Ansher_Capital-QIZILQUMCEMENT_Company_Report_OJSC_Uzbekistan-2086-4acm2086/Ansher_Capital-QIZILQUMCEMENT_Company_Report_OJSC_Uzbekistan-2086-4Company Report CONSTRUCTION MATERIALS INDUSTRY OJSC QIZILQUMCEMENT With total share of ##% in cement production, company poised to benefi t from increasing production capacity COVERAGE UPDATE ## NOVEMBER #### Growing demand for cement in Central Asia region as an essentialCredit & Investment ResearchAnsher Capital25 Feb 2009 12:00:00 ESThttp://www.alacrastore.com/storecontent/Ansher_Capital-Qarshi_QishloqHujalikKimyo_Company_Report_JSC-2086-3acm2086/Ansher_Capital-Qarshi_QishloqHujalikKimyo_Company_Report_JSC-2086-3Company Report Market Cap.($, mln): #.## Shares Outstanding (mln): #,###,### P/E: (by the end of ####) ##.## EPS(US$): #.## CHEMICAL INDUSTRY UPDATE ## SEPTEMBER #### JSC Qarshi QishloqHujal ikKimyo, one of the majorCredit & Investment ResearchAnsher Capital25 Feb 2009 12:00:00 ESThttp://www.alacrastore.com/storecontent/Ansher_Capital-Djizzakh_QishloqHujalikKimyo_Company_Report_JSC-2086-2acm2086/Ansher_Capital-Djizzakh_QishloqHujalikKimyo_Company_Report_JSC-2086-2Market Cap.($, mln): #.## Shares Outstanding (mln): ###,### P/E: (by the end of ####) #.## EPS(US$): #.## CHEMICAL INDUSTRY UPDATE ## SEPTEMBER #### JSC JIZZAKH QISHLOQHUJALIKKIMYO, one of the major fertilizer producers in chemicalCredit & Investment ResearchAnsher Capital23 Feb 2009 12:00:00 ESThttp://www.alacrastore.com/storecontent/Ansher_Capital-Uzagrosugurta_Company_Report_Joint_Stock_Insurance_Company-2086-1acm2086/Ansher_Capital-Uzagrosugurta_Company_Report_Joint_Stock_Insurance_Company-2086-1INSURANCE SECTOR Company Report State Joint-Stock Insurance Company “UZAGROSUGURTA” Continue giving insurance protection for agricultural business activities UPDATE ## NOVEMBER #### UZAGROSUGURTA is one of the leading insurance companies of Uzbekistan. It is the #nd largest company according toCredit & Investment ResearchAnsher Capital