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22 October, 2007

Kant cement-slate factory stops the produce of slates and asbestos-cement production.

Kant cement-slate factory stops the produce of slates and asbestos-cement production.

The National market of «blue ships» completed the week with quite good results. The preconditions for quotes growth among blue chips are remaining although according to results of  Friday 19th October the index did not changed  and it is accounted to 153.60 points.

 

The transactions have been concluded not very actively, the prices were moving without any tends. Mainly, they were the bargains with shares of the OJSC Kyrgyzstan  Bank, total bargains were 11 transactions  for amount of 11 000 KGS SOM, the price per bargain is accounted to 4.35 KGS SOM, as well as market price and real demand for these shares were 7 KGS SOM. Such registered transactions in trade system of OJSC “BTS” were not taken into account by the ABIndex’s experts, and this dates did not make negative impact to   ABIndex’s dynamics. Totally, since the beginning of the year there were registered 343 bargains for total amount of 17.3 million KGS SOM.

Second place among transaction rating  for the reporting week received the shares of “KyrgyzTeleCom”, they got 2 transactions for amount of 51.3 thousands KGS SOM., the overage price per shares is accounted to 14.72 KGS SOM, the best quote are following: for purchase  - 14.25 KGS SOM and for sale – 25 KGS SOM per share, last transaction got 15 KGS SOM per issuer’s share.Since, the OJSC “KyrgyzTeleCom” is remaining the main supplier of communication service for population with taking into account the constant growth of consumption service and expectation of soonest privatizations, it’s investment attractiveness is remaining high, as well as saving of sustainable demand for the shares.

Moreover, last week on 19th October, the extraordinary general meeting of shareholders of Kant cement-slate factory was performed. Into the Agenda the issue about making the amendment into the organization’s Statute was considered, including change of whole and abbreviator name of society. The general meeting of shareholders has adopted the renaming of OJSC Kant Cement-Slate factory into the OJSC Kant Cement Factory with following state re-registration. Since, the affiliated company Kant Slate Company ltd will deal with producing and realization of slates. We remind the decision about establishing affiliated company with Statute capital of 324 million was adopted on extraordinary general meeting of shareholders on 22 October 2006.  

 

The material is prepared by the Investment company BNC Finance in frame of ABIndex project, according to the results of the Stock Market of the Kyrgyz Republic. 



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