Concorde Capital http://www.alacrastore.com/publisher-rss/acm-concorde-capital-2083 27 Nov 2009 07:51:24 EST 2083 en AlacraStore RSS Builder 1.0 30 26 Nov 2008 12:00:00 ESThttp://www.alacrastore.com/storecontent/Concorde_Capital-Valuation_of_Ukrainian_Thermal_Power_Generation-2083-1acm2083/Concorde_Capital-Valuation_of_Ukrainian_Thermal_Power_Generation-2083-1Centrenergo Bloomberg CEEN UZ Xetra DBG DR Ratio # : ## Shares, mln ###.# Ownership State (NC ECU) ##.#% Other ##.#% Free float, % ##.#% Free float, USD mln ##.# Dniproenergo Bloomberg DNEN UZ Xetra DPG DRCredit & Investment ResearchConcorde Capital24 Nov 2008 12:00:00 ESThttp://www.alacrastore.com/storecontent/Concorde_Capital-Investing_in_Ukraine_changing_rules_of_the_game-2083-7acm2083/Concorde_Capital-Investing_in_Ukraine_changing_rules_of_the_game-2083-7Ukraine / Strategy Changing rules of the game Part #. Seize volatile market opportunities November ##, #### • Ukrainian assets are trading at levels unjustified by purely economic reasons . The outflow of portfolio investors, amid global financial unrest and woes over UkraineCredit & Investment ResearchConcorde Capital18 Nov 2008 12:00:00 ESThttp://www.alacrastore.com/storecontent/Concorde_Capital-Ukrainian_Coal_Machinery-2083-2acm2083/Concorde_Capital-Ukrainian_Coal_Machinery-2083-2UKRAINE / Coal Machinery Eugene Cherviachenko ec@concorde.com.ua +### ## ### #### November ##, #### CONCORDE C O N S U L T I N G Ukrainian Coal Machinery Used to going it alone Ukrainian coal machinery November ##Credit & Investment ResearchConcorde Capital14 Nov 2008 12:00:00 ESThttp://www.alacrastore.com/storecontent/Concorde_Capital-Ukraine_Equity_Book-2083-12acm2083/Concorde_Capital-Ukraine_Equity_Book-2083-12Ukrainian Equity Book # th Edition September, #### CONCORDE CAPITAL Ukrainian Equity Book September, #### # CONTENTS MARKET PROFILE . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## BASIC MATERIALS Iron & Steel Iron Ore Sector Overview . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## Centralny Iron Ore . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## Ferrexpo . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## Inguletsky Iron Ore . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## PivdennyCredit & Investment ResearchConcorde Capital12 Nov 2008 12:00:00 ESThttp://www.alacrastore.com/storecontent/Concorde_Capital-Industrial_production_in_Ukraine-2083-6acm2083/Concorde_Capital-Industrial_production_in_Ukraine-2083-6Ukraine / Economics Industrial production CONCORDE CAPITAL Negative outlook has companies cutting output November ##, #### • Yesterday the State Statistics Committee reported that growth in industrial production slowed to #.#% yoy in ##M##, falling ##.#% yoy in the monthCredit & Investment ResearchConcorde Capital27 Oct 2008 12:00:00 ESThttp://www.alacrastore.com/storecontent/Concorde_Capital-Ukraine_gets_USD_16_5_bln_IMF_loan-2083-8acm2083/Concorde_Capital-Ukraine_gets_USD_16_5_bln_IMF_loan-2083-8Ukraine / Economics Ukraine gets $##.# bln IMF loan CONCORDE CAPITAL Funds to support economic and financial stability October ##, #### • The IMF said in a statement yesterday that it agreed with the Ukrainian government on an up to USDCredit & Investment ResearchConcorde Capital24 Oct 2008 12:00:00 ESThttp://www.alacrastore.com/storecontent/Concorde_Capital-UAH_USD_exchange_rate_hits_6_00-2083-9acm2083/Concorde_Capital-UAH_USD_exchange_rate_hits_6_00-2083-9Ukraine / Economics UAH/USD exchange rate CONCORDE CAPITAL Interbank rate hits #.## October ##, #### • Yesterday the UAH/USD rate hit the psychological USD #.## mark interbank before closing at USD #.##, driven by growing anxiety overCredit & Investment ResearchConcorde Capital17 Oct 2008 12:00:00 ESThttp://www.alacrastore.com/storecontent/Concorde_Capital-Ukraine_s_liquidity_position-2083-10acm2083/Concorde_Capital-Ukraine_s_liquidity_position-2083-10Ukraine / Economics Ukraine’s liquidity position CONCORDE CAPITAL How vulnerable is it? October ##, #### The general consensus is that the global financial crisis will last for at least anothe r two quarters, and probably until the end of ####Credit & Investment ResearchConcorde Capital09 Oct 2008 12:00:00 ESThttp://www.alacrastore.com/storecontent/Concorde_Capital-NBU_actions_to_support_banks-2083-11acm2083/Concorde_Capital-NBU_actions_to_support_banks-2083-11Ukraine / Economics NBU action CONCORDE CAPITAL Intervention supports banks, UAH/USD rate • The NBU, according to press reports today, has provided assistance to ## domestic banks, totaling UAH #.# bln • The NBU conditioned assist ance to banks on themCredit & Investment ResearchConcorde Capital25 Sep 2008 12:00:00 ESThttp://www.alacrastore.com/storecontent/Concorde_Capital-UAH_USD_exchange_rate_Notes_from_Conference_call_with_Poroshenko-2083-13acm2083/Concorde_Capital-UAH_USD_exchange_rate_Notes_from_Conference_call_with_Poroshenko-2083-13Ukraine / Economics UAH/USD exchange rate CONCORDE CAPITAL Conference call notes Today Concorde Capital hosted a conference call with the NBU s Poroshenko, economist Burakovsky and banker Gorbunenko on the hryvnya exchange rate... • ...short-term factors leading the hryvnya toCredit & Investment ResearchConcorde Capital11 Sep 2008 12:00:00 ESThttp://www.alacrastore.com/storecontent/Concorde_Capital-Ukrainian_Agriculture_Land_West-2083-14acm2083/Concorde_Capital-Ukrainian_Agriculture_Land_West-2083-14Land West On the growth track UKRAINE / Agriculture Anna Dudchenko ad@concorde.com.ua +### ## ### #### September ##, #### CONCORDE CAPITAL # CONCORDE CAPITAL Land West Se ptember ##, #### CONTENTS Investment thesis # Executive summary # ValuationCredit & Investment ResearchConcorde Capital03 Sep 2008 12:00:00 ESThttp://www.alacrastore.com/storecontent/Concorde_Capital-Ukraine_Agriculture_to_power_economic_growth_in_2008-2083-15acm2083/Concorde_Capital-Ukraine_Agriculture_to_power_economic_growth_in_2008-2083-15Ukraine / Economics Macroeconomic Overview CONCORDE CAPITAL Agriculture to power ec onomic growth in #### September #, #### • July recorded the highest real GDP growth since the beginning of the year. Real GDP grew #.#% yoy in July (#.#Credit & Investment ResearchConcorde Capital22 Jul 2008 12:00:00 ESThttp://www.alacrastore.com/storecontent/Concorde_Capital-Ukrainian_Steel_ArcelorMittal_Kryviy_Rih-2083-17acm2083/Concorde_Capital-Ukrainian_Steel_ArcelorMittal_Kryviy_Rih-2083-17Ukraine / Steel ArcelorMittal Kryviy Rih CONCORDE CAPITAL An upstream ace July ##, #### Current price: USD #.## ##M Target: USD #.## BUY • Integration into ArcelorMittal grou p completed: ArcelorMittal Kryviy Rih now positioned as a hub for regionalCredit & Investment ResearchConcorde Capital22 Jul 2008 12:00:00 ESThttp://www.alacrastore.com/storecontent/Concorde_Capital-Ukrainian_Dairy_New_export_opportunities-2083-16acm2083/Concorde_Capital-Ukrainian_Dairy_New_export_opportunities-2083-16Ukraine / Food Dairy Industry CONCORDE CAPITAL New export opportunities appear July ##, #### Last week, thirty one Ukrainian dairy producers underwent inspections by Russian authoritie s, with a view to resuming exports. At the same time, by July #, someCredit & Investment ResearchConcorde Capital16 Jul 2008 12:00:00 ESThttp://www.alacrastore.com/storecontent/Concorde_Capital-Ukrainian_Electricity_Distribution-2083-18acm2083/Concorde_Capital-Ukrainian_Electricity_Distribution-2083-18UKRAINE / Electricity Sector Update Alexander Paraschiy ap@concorde.com.ua +### ## ### #### July ##, #### CONCORDE CAPITAL Oblenergos DTEK opens bottom-fishing season Oblenergo sector update July ##, #### # CONCORDE CAPITAL Contents Investment summary # Stock marketCredit & Investment ResearchConcorde Capital08 Jul 2008 12:00:00 ESThttp://www.alacrastore.com/storecontent/Concorde_Capital-Independent_E_amp_Ps_in_Ukraine-2083-19acm2083/Concorde_Capital-Independent_E_amp_Ps_in_Ukraine-2083-19Ukraine / Oil & Gas Independent E&Ps CONCORDE CAPITAL A First Look July ##, #### • We take a first look at foreign-traded independent oil and gas exploration and production (E&P) companies with major focus on Ukraine; to be followedCredit & Investment ResearchConcorde Capital16 Jun 2008 12:00:00 ESThttp://www.alacrastore.com/storecontent/Concorde_Capital-Ukrainian_Media_United_Media_Holding-2083-20acm2083/Concorde_Capital-Ukrainian_Media_United_Media_Holding-2083-20United Media Holding A True Media Mix UKRAINE / Media INITIATING COVERAGE Olha Pankiv op@concorde.com.ua Oksana Lyashuk ol@concorde.com.ua +### ## ### #### June ##, #### CONCORDE CAPITAL # CONCORDE CAPITAL United Media Holding June ##Credit & Investment ResearchConcorde Capital29 May 2008 12:00:00 ESThttp://www.alacrastore.com/storecontent/Concorde_Capital-Ukrainian_Banks_Wake_up_call-2083-21acm2083/Concorde_Capital-Ukrainian_Banks_Wake_up_call-2083-21Ukrainian Banks Wake up call UKRAINE / Banking INDUSTRY REPORT Alexander Viktorov av@concorde.com.ua +### ## ### #### May ##, #### CONCORDE CAPITAL # CONCORDE CAPITAL Ukrainian Banks: Wake up call May ##, #### Contents Investment thesis # InvestmentCredit & Investment ResearchConcorde Capital28 May 2008 12:00:00 ESThttp://www.alacrastore.com/storecontent/Concorde_Capital-Ukrainian_Coke-2083-23acm2083/Concorde_Capital-Ukrainian_Coke-2083-23Ukraine / Coke Ukrainian Coke CONCORDE CAPITAL Upgraded on fundamental boost May ##, #### Fueled by strong demand from steelmakers and improved coal supply, Ukrainian coke producers ramped up output #.#% yoy in #M##. In May Ukrainian domestic spot metCredit & Investment ResearchConcorde Capital28 May 2008 12:00:00 ESThttp://www.alacrastore.com/storecontent/Concorde_Capital-Ukrainian_Thermal_Energy_Generation-2083-22acm2083/Concorde_Capital-Ukrainian_Thermal_Energy_Generation-2083-22UKRAINE / Electricity SECTOR UPDATE Alexander Paraschiy ap@concorde.com.ua +### ## ### #### May ##, #### CONCORDE CAPITAL Ukrainian Thermal Generation Improvements beyond the skyline GenCos Update May ##, #### # CONCORDE CAPITAL Contents Investment thesis # Investment summaryCredit & Investment ResearchConcorde Capital14 May 2008 12:00:00 ESThttp://www.alacrastore.com/storecontent/Concorde_Capital-Infrastructure_Bridge_construction_in_Ukraine-2083-24acm2083/Concorde_Capital-Infrastructure_Bridge_construction_in_Ukraine-2083-24UKRAINE / Engineering & Construction INITIATING COVERAGE Alexander Romanov ar@concorde.com.ua Andriy Gostik, CFA ag@concorde.com.ua +### ## ### #### May ##, #### Infrastructure. Bridge construction Mostobud & Dnipropetrovsk Babushkin # CONCORDE CAPITAL Infrastructure. Bridge construction May ##, ####Credit & Investment ResearchConcorde Capital11 Apr 2008 12:00:00 ESThttp://www.alacrastore.com/storecontent/Concorde_Capital-Ukrainian_Automotive_Industry-2083-25acm2083/Concorde_Capital-Ukrainian_Automotive_Industry-2083-25UKRAINE / Industrials INITIATING COVERAGE Inna Perepelytsya pi@concorde.com.ua Elena Sergeyeva es@concorde.com.ua +### ## ### #### Bogdan (LUAZ: BUY) #.## Upside/Downside ##% AvtoKrAZ (KRAZ: HOLD) #.## Upside/Downside -##% UkrAvto (AVTO: SELL) AprilCredit & Investment ResearchConcorde Capital14 Mar 2008 12:00:00 ESThttp://www.alacrastore.com/storecontent/Concorde_Capital-Ukrainian_Iron_Ore-2083-26acm2083/Concorde_Capital-Ukrainian_Iron_Ore-2083-26Ukrainian Iron Ore Slow down the horses UKRAINE / Iron Ore Industry report Eugene Cherviachenko ec@concorde.com.ua +### ## ### #### March ##, #### CONCORDE CAPITAL # CONCORDE CAPITAL Ukrainian Iron Ore: Slow down the horses March ##, ####Credit & Investment ResearchConcorde Capital06 Mar 2008 12:00:00 ESThttp://www.alacrastore.com/storecontent/Concorde_Capital-Fuel_Retail_in_Ukraine_Galnaftogaz-2083-27acm2083/Concorde_Capital-Fuel_Retail_in_Ukraine_Galnaftogaz-2083-27Ukraine / Oil & Gas Galnaftogaz CONCORDE CAPITAL Well, now it s for real March ##, #### Current price: USD #.### ##M Target: USD #.### BUY • Raising USD ## mln in equity in Nov.## and arrangement of USD ###Credit & Investment ResearchConcorde Capital25 Feb 2008 12:00:00 ESThttp://www.alacrastore.com/storecontent/Concorde_Capital-Ukrainian_Gas_Distribution-2083-29acm2083/Concorde_Capital-Ukrainian_Gas_Distribution-2083-29UKRAINE / Utilities Update Alexander Paraschiy ap@concorde.com.ua Elena Sergeyeva es@concorde.com.ua +### ## ### #### February ##, #### CONCORDE CAPITAL Gas Distribution Companies The Russians are coming BL GAZ Gas Distribution Companies: The Russians are comingCredit & Investment ResearchConcorde Capital25 Feb 2008 12:00:00 ESThttp://www.alacrastore.com/storecontent/Concorde_Capital-Ukrainian_Sugar_Industry-2083-28acm2083/Concorde_Capital-Ukrainian_Sugar_Industry-2083-28UKRAINE / Food INDUSTRY REPORT Olha Pankiv op@concorde.com.ua +### ## ### #### February ##, #### CONCORDE CAPITAL Sugar Land Sugar Land February ##, #### # CONCORDE CAPITAL CONTENTS Investment thesis # Investment summary # Investment cases # StockCredit & Investment ResearchConcorde Capital28 Jan 2008 12:00:00 ESThttp://www.alacrastore.com/storecontent/Concorde_Capital-Ukrainian_Railway_Machinery-2083-30acm2083/Concorde_Capital-Ukrainian_Railway_Machinery-2083-30Railway Machinery Demand Rolls On UKRAINE / Machine building Industry report Inna Perepelytsya pi@concorde.com.ua +### ## ### #### Azovzahalmash (AZGM: BUY) ##.# Upside/Downside ##% Mariupol Heavy Machinery (MZVM: BUY) ##.# Upside/Downside ##% Stakhaniv WagonCredit & Investment ResearchConcorde Capital21 Jan 2008 12:00:00 ESThttp://www.alacrastore.com/storecontent/Concorde_Capital-Ukrainian_Ferroalloys-2083-31acm2083/Concorde_Capital-Ukrainian_Ferroalloys-2083-31UKRAINE / Ferroalloys Industry Update Andriy Gerus ga@concorde.com.ua Eugene Cherviachenko ec@concorde.com.ua +### ## ### #### CONCORDE CAPITAL January ##, #### Ukrainian Ferroallo y s Empowered by Privat s makeover CONCORDE CAPITAL Ukrainian Ferroalloys Update JanuaryCredit & Investment ResearchConcorde Capital12 Dec 2007 12:00:00 ESThttp://www.alacrastore.com/storecontent/Concorde_Capital-Ukrainian_Real_Estate-2083-32acm2083/Concorde_Capital-Ukrainian_Real_Estate-2083-32UKRAINE / Real Estate INDUSTRY REPORT Andriy Gostik, CFA ag@concorde.com.ua +### ## ### #### Alexander Romanov ar@concorde.com.ua +### ## ### #### December ##, #### CONCORDE CAPITAL Ukrainian Real Estate Size Matters? # CONCORDE CAPITAL UkrainianCredit & Investment ResearchConcorde Capital16 Nov 2007 12:00:00 ESThttp://www.alacrastore.com/storecontent/Concorde_Capital-Ukrainian_Coke-2083-33acm2083/Concorde_Capital-Ukrainian_Coke-2083-33CONCORDE CAPITAL Ukrainian Coke #C Focus: November ##, #### UKRAINE / Coke Industry Update Andriy Gerus ga@concorde.com.ua Eugene Cherviachenko ec@concorde.com.ua +### ## ### #### Ukrainian Coke Update November ##, #### # CONCORDE CAPITAL CONTENTS SummaryCredit & Investment ResearchConcorde Capital08 Nov 2007 12:00:00 ESThttp://www.alacrastore.com/storecontent/Concorde_Capital-Ukrainian_Banks_9M07_Results-2083-35acm2083/Concorde_Capital-Ukrainian_Banks_9M07_Results-2083-35CONCORDE CAPITAL Ukrainian Banks #M## Results Spreadsheet   November ##, #### UKRAINE / Banking Alexander Viktorov av@concorde.com.ua +### ## ### #### Ukrainian Banks #M## Results November ##, #### # CONCORDE CAPITAL CONTENTS Summary # Relative valuation # Interim resultsCredit & Investment ResearchConcorde Capital08 Nov 2007 12:00:00 ESThttp://www.alacrastore.com/storecontent/Concorde_Capital-Ukrainian_Electricity_Distribution-2083-34acm2083/Concorde_Capital-Ukrainian_Electricity_Distribution-2083-34Oblenergos Look to the corners UKRAINE / Electricity UPDATE Alexander Paraschiy ap@concorde.com.ua +### ## ### #### November ##, #### CONCORDE CAPITAL BUY BUY BUY HOLD HOLD HOLD HOLD HOLD HOLD HOLD BUY ? SELL SELL SELL SELL SELL SELLCredit & Investment ResearchConcorde Capital02 Nov 2007 12:00:00 ESThttp://www.alacrastore.com/storecontent/Concorde_Capital-Ukrainian_Dairy_Industry-2083-36acm2083/Concorde_Capital-Ukrainian_Dairy_Industry-2083-36Dairy Wheying Up UKRAINE /Food INITIATING COVERAGE Olha Pankiv op@concorde.com.ua Anna Dudchenko ad@concorde.com.ua +### ## ### #### November ##, #### CONCORDE CAPITAL Dairy Industry Initiating November ##, #### # CONCORDE CAPITAL CONTENTS Investment ThesisCredit & Investment ResearchConcorde Capital24 Oct 2007 12:00:00 ESThttp://www.alacrastore.com/storecontent/Concorde_Capital-Ukrainian_Steel-2083-37acm2083/Concorde_Capital-Ukrainian_Steel-2083-37UKRAINE / Steel Industry Update Eugene Cherviachenko ec@concorde.com.ua +### ## ### #### CONCORDE CAPITAL October ##, #### Ukrainian Steel Hawks & Doves CONCORDE CAPITAL Ukrainian Steel Update October ##, #### # CONTENTS Investment summary # Investment opportunities # StockCredit & Investment ResearchConcorde Capital18 Oct 2007 12:00:00 ESThttp://www.alacrastore.com/storecontent/Concorde_Capital-Ukrainian_Coke_Avdiyivka_Coke-2083-38acm2083/Concorde_Capital-Ukrainian_Coke_Avdiyivka_Coke-2083-38Ukraine / Coke Avdiyivka Coke Read y to Takeof f Current Price: USD #.# October ##, #### ##M Target: USD #.# BUY Eugene Cherviachenko ec@concorde.com.ua Andriy Gerus ga@concorde.com.ua +### ## ### #### LastCredit & Investment ResearchConcorde Capital09 Feb 2007 12:00:00 ESThttp://www.alacrastore.com/storecontent/Concorde_Capital-Ukrainian_Ferroalloy-2083-5acm2083/Concorde_Capital-Ukrainian_Ferroalloy-2083-5s Bottom Fishing: Ukrainian Ferroalloys February #, #### Ukraine/ Ferroalloys Sector Update Eugene Cherviachenko ec@concorde.com.ua +### ## ### #### Zaporizhya Ferroalloy (ZFER: BUY) Market Price, USD #.## ##M Target, USD #.## Upside/Downside ##% StakhanivCredit & Investment ResearchConcorde Capital24 Jan 2007 12:00:00 ESThttp://www.alacrastore.com/storecontent/Concorde_Capital-Integrated_Power_Utilities_in_Ukraine_Kyivenergo-2083-4acm2083/Concorde_Capital-Integrated_Power_Utilities_in_Ukraine_Kyivenergo-2083-4Kievenergo         Warm Winter, Hot Prospects January ##, #### Ukraine / Electricity Update Alexander Paraschiy ap@concorde.com.ua +### ## ### #### Bloomberg KIEN UZ Reuters KIEN.PFT ‘DRs : absent Market data Market price, USD #.## ## Wk H/LCredit & Investment ResearchConcorde Capital09 Jan 2007 12:00:00 ESThttp://www.alacrastore.com/storecontent/Concorde_Capital-Ukrainian_Fixed_Line_Telecommunications_Ukrtelecom-2083-3acm2083/Concorde_Capital-Ukrainian_Fixed_Line_Telecommunications_Ukrtelecom-2083-3Ukrtelecom         Holding Ground Ukraine / Telecom Update Alexander Paraschiy ap@concorde.com.ua +### ## ### #### Bloomberg UTEL UZ Reuters UTEL.PF T XETRA UK# DR : Ord. Shares # : ## Shares, mln ##,###.# Market data Market price, USDCredit & Investment ResearchConcorde Capital