Autorius: DnB NORD bankas, Parašyta: 2007-04-23 17:42.
URL: https://www.traders.lt/page.php?id=373
KEY STOCKS FOR THE WEEK 16/04—20/04
Snoras, Lithuanian banking group, is viewed as a good investment opportunity, after dipping to a five-month low last week, and despite turning in all time high profit in Q1 falling further behind the other players in finance industry in terms of P/E and P/B ratios.
Baltika, Estonian apparel retailer, is to release its Q1 report this week. A net profit result of more than EEK 26M would make the share’s forward P/E higher than expected, as well as that of Apranga, rendering it comparatively better investment opportunity.
Lithuanian operator of electricity distribution network Rytu Skirstomieji Tinklai is on the radar this week, after its application for trading on the official list of OMX Vilnius stock exchange was approved last week. Additionally, the companies shares have almost reached their lowest point since December 2006, which makes it an attractive investment, especially in the light of upcoming merger with Vakaru Skirstomieji Tinklai and Lietuvos Energija.
LAST WEEK IN THE BALTIC STOCK MARKETS: MARKET WHEEL HITS A BUMPY ROAD
Last week’s most traded share list has seen an entry of four surprising visitors — Estonian based brewery Saku Oletehas, Estonia’s producer of automotive accessories Norma, Latvijas Kugnieciba (Latvian Shipping Company), and Lithuanian investment company Invalda. We suspect that such comparatively huge turnover of stocks in question has been triggered by several major investors or investment funds seizing the window of opportunity to rearrange their portfolios during favourable market conditions.
Saku Olletehas has announced exceptionally good Q1 sales last week, reaching 21M litres or 33% higher than during the same period last year. However, it was the payment of EUR 1.6 per share dividend that made the company’s stock take the last place in weekly return charts, down by EUR 2.29 or -12.9%. Notably, more than a third of company’s free float capital changed hands during the week, putting it into a top spot in terms of turnover.
Invalda, Lithuanian investment company has announced plans to make sure its share price reaches LTL 14.00 by June by forming a special reserve for share buyback, to be used in case it hasn’t reached the target price on its own. This has attracted investor interest and boosted the share price by 6.8%.
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Mantas Pakėnas
Akcijų analitikas / Equity Analyst
Kapitalo rinkų skyrius / Capital Markets Unit
AB DnB NORD bankas
Tel: (370) 5 239 3776
Fax: (370) 5 239 3783
Parsisiųsti: Baltic market weekly review 
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