Sector "Power Utilities"

Equity research notes on the sector

08/20/2008  MRSK Holding: first impressions 

08/20/2008  MRSK Center: lower risks, ambitious plans 
Research note also related to: Distribution Grids, MRSK Center (Interregional Distribution Grid Company Center)

06/26/2008  RusHydro: the unique generation company 
Research note also related to: Hydropower Generation

06/17/2008  MRSK: reduction of risks, high potential 

05/22/2008  MRSK Volga: appealing newcomer 
Research note also related to: Distribution Grids

05/20/2008  MRSK Center and Volga: first steps by the leader 
Research note also related to: Distribution Grids, MRSK Center and Volga (Interregional Distribution Grid Company Center and Volga)

04/01/2008  An investor's brief guide to the captivating world of electric power gencos 

03/25/2008  Volgogradenergosbyt: favorite in forthcoming auction 
Research note also related to: Distribution Grids, Volgogradenergo

12/12/2007  Novosibirskenergo – the most profitable choice among integrated regional power utilities 
Research note also related to: Regional Energos, Novosibirskenergo

Performance of the investment ideas presented in the equity research note: Shares Price on the day of idea release* Target price Current price* Current returns Highest returns Novosibirskenergo -- 74 76 -- -- Novosibirskenergo (pref) -- 51,8 48,00 -- --

11/28/2007  Power sales companies – investors keep their interest 
Research note also related to: Energy Sales

Performance of the investment ideas presented in the equity research note: Shares Price on the day of idea release* Target price Current price* Current returns Highest returns Mosenergosbyt -- 0,051 0,016 -- -- Voronezh ESC -- 0,62 0,20 -- --

*Market prices are given either as the prices of the last transactions in a previous session on an exchange (MICEX and RTS) or the average between the best ask price and the best bid price on RTS as of a previous session's close.