Dragon Capital: Investment Banking, Equity and Fixed Income Trad

Dragon Capital [http://www.dragon-capital.com/en/] Home Careers Press Contacts Register Site Map Eng Рус About Us Institutional Investors Retail Investors Corporations Become a Client Top EVF Invests in Prime Group and Welcomes BSTDB as a New Investor Nov 03, 2011 Europe Virgin Fund L.P. (‘EVF’), a private equity fund sponsored by Dragon Capital, has acquired a majority stake in Tetaxes Limited, a Cyprus-based holding company for Prime Group, one of Ukraine’s leading outdoor advertising operators. Black Sea Trade and Development Bank has joined EVF as a new investor. More Dragon Capital News and Comments Oct 06, 2011 Dragon Capital Advised Icon Private Equity on Transaction with Sintal Agriculture Dragon Capital advised Icon Private Equity on the acquisition by Sintal Agriculture of Agrika, formerly part of Icon’s investment portfolio. The deal expanded Sintal Agriculture’s land bank by 50%, to 150,000 hectares. Aug 11, 2011 Dragon Capital Research: DUPD Reports Solid 1H11 NAV The company’s 1H11 operating results fall generally in line with our expectations of steady recovery in the domestic real estate market supported by gradually improving access to credit. The announced results imply end-1H11 NAV of $292.8m. Aug 04, 2011 Coal Energy Floats on the Warsaw Stock Exchange The Warsaw Stock Exchange (WSE) has begun trading shares of Coal Energy (CLE:PW), one of the largest private coal companies in Ukraine, which mines and beneficiates thermal and coking coal. Dragon Capital was the Lead Manager of the IPO. Jul 15, 2011 Dragon Capital Successfully Places US$50m Eurobonds of Agroton Agroton Group (AGT:WS), one of the largest agricultural producers in eastern Ukraine, has successfully placed its debut three-year US$50m Eurobond issue. Dragon Capital, UBS and VTB Capital acted as Lead Managers and Bookrunners on the deal. All news Research Ukrainian Bonds: Europe Turmoil Keeps Up Pressure on Market Nov 15, 2011 Ukrainian Eurobonds traded lower last week on negative headlines from the EU. The long end of the cash curve lost around 3.5-3.75 points, once again pushing yields closer to double digits. Ukraine 20s moved down to 88.5/90.5 (9.7%/9.4%) and Ukraine 21s ... Dragon Capital: Ukraine Industrial Output Growth Weakens Further in October Nov 15, 2011 Growth in Ukraine’s industrial output slowed to 4.7% y-o-y in October, from 6.4% in September and 9.7% in August, bringing the 10M11 tally to 8.2% y-o-y. ... Kernel Holding: 1Q12FY Results Weaker Than Expected Nov 14, 2011 Kernel Holding, the largest Ukrainian sunflower oil producer, has reported 1Q12FY (July-September 2011) results with net sales of $391.5m (+13% y-o-y and 20% below Bloomberg consensus), EBITDA of $45.1m (-33% y-o-y and -40%, respectively) and net incom ... Ferrexpo: Price Target Slashed on Downgraded Iron Ore Price Forecasts; Sell Nov 14, 2011 We cut our 12-month price target on Ferrexpo by 58% to $3.62 (GBP 2.28) per share and assign a Sell recommendation to the stock based on implied downside of 29%. Our valuation is based on a target EV/EBITDA of 7.0, Ferrexpo’s average EV/EBITDA multiple ... Motor Sich: Powering Ahead, Crisis or Not Nov 11, 2011 Motor Sich is currently valued at 1.8x 2011E EV/EBITDA, much below its post-crisis average of 3.0x (and close to the lower end of the historical range of 1.3-11.8x), implying a 30% discount to Russian peers (subsidiaries of Russian Helicopters). We thi ... All research KP-Dragon UX PFTS You need to upgrade your Flash Player You need to upgrade your Flash Player You need to upgrade your Flash Player Equities Bonds FX Cmdt Name Close 1d, % 1m, % YTD, % DAX 5,850.17 (1.07) (0.46) (15.39) FTSE100 5,423.14 (1.56) 0.24 (8.08) KP-Dragon 3,460.56 (2.44) (2.32) (38.02) MICEX 1,475.32 (0.53) 3.51 (12.60) PFTS 602.30 0.08 18.27 (38.23) S&P500 1,216.13 (1.68) (0.75) (3.30) UX 1,568.66 (1.41) 22.99 (35.81) More quotes Name Close 1d, % 1m, % YTD, % CDX.EM 107.77 (0.28) (0.26) (5.13) CDS 5Y Ukraine 821.42 1.61 0.83 60.14 EMBI+ Ukraine 838.00 2.82 3.33 92.20 CEMBI Ukraine 1,015.15 1.88 (2.32) 51.09 5-year UST 0.86 (1.49) (18.91) (57.07) 10-year UST 1.96 (2.00) (10.46) (40.49) 6M USD LIBOR 0.69 1.81 14.39 51.15 12M USD LIBOR 1.01 1.06 9.68 29.02 Ukraine 15 9.57 1.81 (13.47) 41.78 More quotes Name Close 1d, % 1m, % YTD, % UAH-USD 8.02 - 0.12 0.94 UAH-EUR 10.80 (0.05) (1.99) 0.46 UAH-RUB 0.26 (0.58) 0.90 2.13 USD-GBP 1.58 (0.05) 0.36 (0.89) USD-EUR 1.35 (0.35) (1.92) (0.41) PLN-USD 3.30 0.51 4.34 13.06 Name Close 1d, % 1m, % YTD, % Corn ($/t) 241.93 (4.40) (4.06) (2.31) Crude Oil ($/bbl) 108.12 (2.46) (2.79) 17.46 WTI Crude Oil ($/bbl) 98.82 (3.67) 14.40 8.14 Hot Rolled Steel ($/t) 530.00 (0.93) (1.85) (5.19) Sugar ($/t) 530.08 (1.96) (13.49) (25.16) Wheat ($/t) 217.68 (3.93) (5.09) (25.40) DCPI 14.99 (0.35) (2.66) 3.22 More quotes © 2000-2011 Dragon Capital Disclaimer 36D Saksahanskoho Str., Kyiv 01033 Ukraine Tel.: +38 (044) 490 7120, +38 (044) 281 2727