| Date | Event | Analyst forecasts and comments |
|---|
| | Chemicals & Petrochemicals | |
|
from 18.08.2008 to 31.08.2008
|
Publication by Uralkali of 1H 2008 financial results to IFRS
|
We expect significant improvements in the company’s financials amid favorable price trends on the potash fertilizer market and production expansion at the company. Due to the slow growth of its expenses, the company may enjoy the fattest profit margins in the industry. |
|
from 01.09.2008 to 15.09.2008
|
Publication by Acron of 1H 2008 financial results to IFRS |
We forecast the company to achieve spectacular growth in its financial indices. Revenue is forecast to jump by 80% and the net margin should more than double. Price increases on mineral fertilizers, the company’s core product, on global markets, coupled with the slow growth in its costs and expansion of production could emerge as key upside drivers for the company’s financials.
|
|
10.09.2008
|
Hearings in a claim to deprivatize a 20% stake in Apatit |
If a stake in Apatit is bought by the state, PhosAgro’s control over the company will weaken. This will be favorable for Akron, which will attempt to soften the terms of the agreement on apatite concentrate supplies. |
| | Consumer | |
|
26.08.2008
|
The Nutritek group is to announce its 1Q 2008 operating results in tons
|
As a result, the company’s operating results should become more representative, reflecting more objectively its current sales, due to reorientation of the business towards baby food sales.
|
| | Engineering | |
|
from 03.09.2008 to 30.09.2008
|
Publication of consolidated IFRS financials by Sollers (Severstal-Avto) |
We expect the company’s revenue to advance by 50% y-o-y. Margins are likely to drop due to the opening of new dealerships. |
| | Metals | |
|
20.08.2008
|
Publication of MMK's 2Q/6M 2008 results under US GAAP |
An ongoing growth of steel prices in 2Q 2008 should have a positive impact on MMK’s financial results. Moreover, an 8% y-o-y upturn in production volumes in 1H could affect the company’s revenue. |
|
03.09.2008
|
Publication of Severstal’s 2Q 2008 IFRS results |
Based on the latest operational data, we expect Severstal’s revenue for 2Q 08 at around USD 6 bn. The highest growth in annual terms is likely to be shown by the value-added goods segment and the rolled-iron segment. Additionally, Severstal’s revenues should rise due to the consolidation of acquired assets, including Sparrows Point. |
| | Power Utilities | |
|
09.09.2008
|
The last day of the validity of a Lukoil offer to buy out TGK-8 shares |
At present, the RUB 0.0398 share price indicated in the buyout offer serves as a level of support for TGK-8 shares. It is highly likely that quotations for the shares may decline once the offer expires. |
|
11.09.2008
|
Hearings at a Rosneft lawsuit against TGK-11 over its ‘technical’ additional share issue |
The Neft-Aktiv lawsuit against TGK-11 prevented the genco from being spun off from UES under a standard scheme: via a takeover of TGK-11 Holding, an intermediary structure. A court decision on the case will clarify when UES shareholders will be able to get shares in TGK-11. |
|
18.09.2008
|
Publication of 1H 2008 report by Mosenergo |
We expect a decline in the company’s financials due to the unfavorable external environment. |
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