Research Reports

  • 05.12.11 Agriculture

    MHP S.A.: EBITDA Up, Net Income Down - MHP today released its financial results for 1Q11. Revenue rose by 23% YoY to USD 247mn and EBITDA increased by...> read more

  • 05.12.11 Machinery

    Turboatom: Turning up the Power - The saga of Turboatom’s blistering financial performance continued for a sixth consecutive quarter in 1Q11, with rev...> read more

  • 05.05.11 Investment Guide

    EAVEX UKRAINE INVESTMENT GUIDE, UPDATED MAY 2011 - The Ukrainian market’s solid performance in 2010 was based on three major factors: First, there was...> read more

  • 05.05.11 Metals and Mining

    Centralny GOK: Enriching Your Dreams - Centralny GOK is in position to ride the cresting wave of high iron ore prices over 2011-12. Following 30% YoY ...> read more

  • 04.27.11 Agriculture

    Astarta 2010 IFRS: Strong and Growing - Astarta has disclosed its audited financials for 2010 today. Astarta garnered USD 293.4mn in revenue in 2010, ...> read more

  • 04.26.11 Agriculture

    Trading Idea: Astarta - Sugar market developments seem to be playing into Astarta’s hands. The world’s sugar stock-to-use ratio has been tough at 19% ...> read more

  • 04.26.11 Metals and Mining

    MMK Illicha: ‘Under Review’ on Big 1Q11 Net Loss - We put our target price and recommendation on MMK Illicha stock under review. This decision was tri...> read more

  • 04.21.11 Financials

    Ukrsotsbank: 1Q11 UAS Results - Still not a surprise - The trends observable in Ukrsotsbank’s 1Q11 UAS financials have been unchanged from those seen ...> read more

  • 04.15.11 Agriculture

    Landkom, MCB Agricole and Sintal Agriculture: The Three Musketeers - With this report we initiate coverage of a trio of promising mid-cap Ukrainian ag...> read more

  • 04.01.11 Oil and Gas

    JKX Oil&Gas Plc: Better Luck Next Year - JKX Oil & Gas saw its operating profit decline by 21% YoY to USD 95mn in FY10, mainly due to an unexpected dr...> read more