Avesta Investment Group - Uzbekistan

2021-05-26 08:03:04 Schedule of nearest shareholders meetings (register for dividends closing three working days before the shown date, last trading day to be in register is two working days before register closing):
- June 19th, JSC Qo'qon Biokimyo (QQBK);
- June 14th, JSCB Ravnaq Bank (RBQB);
- June 10th, JSC O'zagrolizing (QXML);
- June 7th, JSC O'zbekkomir (UZIR);
- May 28th, JSC Uzkabel (ex.UZKB) - possible dilution; Open / Comment

2021-05-26 07:02:19 Auction for 3,371,570 ordinary shares or 51% of equity of JSC Sarbon-Neftegaz (SANE) resulted with 57.33% increase of initial price to 37 billion UZS or 10,975 UZS per share. Besides passenger transportation business, company owns 6.4 he land plot under headquarters… Open / Comment

2021-05-25 10:03:29 JSCB "Agrobank" (AGBA) announced the results of 1Q2021:
* Total assets increased by 50.8% y-o-y and reached 32.7 trillion UZS;
* Total equity increased by 15.4% up to 5.3 trillion UZS;
* Total liabilities increased 1.6 times and equaled 27.3 trillion UZS;
* Net interest income increased by 24.1% up to 315.8 billion UZS, after reservation – 38.9 billion UZS (-65.5%);
* Net fee and commission income increased 2.3 times and amounted 258.8 billion UZS;
* Net profit increased almost 2 times and reached 39.6 billion UZS;
* Estimated P/B ratio at the level of 799 UZS per share - 0.63;
* Estimated P/E ratio at the level of 799 UZS per share - 46.79 Open / Comment

2021-05-25 08:02:35 PJSCB "Ravnaq-Bank" (RBQB) announced the results of 1Q2021:
* Total assets increased by 13.1% YoY and reached 695.4 billion UZS;
* Total liabilities rose by 15.7% up to 556.2 billion UZS;
* Total equity is by 3.7% higher or at 139 billion UZS;
* Net interest income increased by 12.1% and reached 10.6 billion UZS, after reservation – 6.8 billion UZS (-9.9%);
* Net fee and commission income increased 2.1 times and amounted 7.8 billion UZS;
* Net profit increased by 41.1% up to 2.3 billion UZS;
* Estimated P/B ratio at the level of 1,200 UZS per share - 0.86;
* Estimated P/E ratio at the level of 1,200 UZS per share - 29.33. Open / Comment

2021-05-24 14:03:31 Uzbek residents were given the right to register as suppliers on Amazon.

https://repost.uz/dali-dostup Open / Comment

2021-05-24 13:03:29 With a help from DP World logistics, Uzbekistan could sign international trade promotion program World Logistics Passport to build a large logistics hub and a free economic zone.

https://uzreport.news/economy/uzbekistan-to-become-key-logistics-hub-in-ca Open / Comment

2021-05-24 10:03:18 UzAuto Motors launched metal press for spare parts for Damas and Labo cars in Khorezm city with annual capacity of 12 thousand tones of steel and production of 7 million parts.

https://www.spot.uz/ru/2021/05/22/khorezm/ Open / Comment

2021-05-24 09:03:13 Non-gold export increased by 26.7% for the first 4 month of the year, while total export decreased by 19,1% due to absence of gold sales. Import increased by 7%. Total trade deficit reached $3.36 billion, while net remittances is about $1.5 billion.

https://stat.uz/ru/press-tsentr/novosti-goskomstata/9452-vneshnetorgovyj-oborot-v-respublike-uzbekistan-za-yanvar-aprel-2021-goda Open / Comment

2021-05-24 08:03:05 Amount of cash turnover via banks increased by 41.6% in January-April 2021 up to 149.3 trillion UZS. About 39% are coming from sold goods and services, 28% from banking services, while the outflow is mostly concentrated on cash-out through ATM's and bank offices (35%) and purchase of foreign currency (27%).

https://cbu.uz/ru/press_center/reviews/494163/ Open / Comment

2021-05-22 11:04:09 Weekend reading: History of old gates of Tashkent on the archived maps of Russian Tsars's Army topographers.

https://www.gazeta.uz/ru/2021/05/20/ancient-maps Open / Comment