PetroKazakhstan --> Übernahmeangebot diese Woche lt Financial Times Akt. KGV 4.5 - 500 Beiträge pro Seite

[marvellous]

By Angela Macdonald-Smith
June 27 (Bloomberg) -- PetroKazakhstan Inc., a Canadian oil
producer with assets in central Asia, may be sold, the Financial
Times reported on its Web site, citing people familiar with the
process.
Goldman Sachs Group Inc., which has been hired by the $2.5
billion company, is expecting to receive bids later this week,
the newspaper said. A Chinese producer and an Indian oil company
are the most likely buyers, though Western companies may also
decide to bid, the Financial Times said, without giving any
names.
Calgary-based PetroKazakhstan has proven and probable oil
reserves of 550 million barrels in the South Turgai Basin of
south-central Kazakhstan, the Financial Times said, citing the
company`s Web site. Russia`s OAO Lukoil this month filed a $200
million claim against PetroKazakhstan related to a dispute over
their joint venture, ZAO Turgai Petroleum, it said.

(Financial Times 6-26 Online)
See {http://www.ft.com} for the newspaper`s Web site.

[MarkyMarky]

bein dem kgv sollte ein angebot nicht unter 50 dollar liegen also da steht uns der hyp noch bevor

[MarkyMarky]

so die analos haben durchgerechnet und taxen auf über 28 euro

[marvellous]

Hier nun der vollständige Artikel !!!


PetroKaz may put itself up for auction
By James Politi in New York
Published: June 27 2005 03:00 | Last updated: June 27 2005 03:00

PetroKazakhstan, an oil producer based in Canada with assets in central Asia, is considering a sale, potentially turning itself into the latest battleground in the global competition for energy resources.


PetroKaz has a market capitalisation of $2.5bn. Investment bankers at Goldman Sachs, working for the company, were expecting to receive bids for it this week, according to people familiar with the matter.

A Chinese and an Indian oil company were the frontrunners in the auction, these people added, although they were careful not to rule out that a western energy company might also decide to put in an offer. No specific names were mentioned.

Because of soaring demand for oil, China and India have been seeking to gain control of assets by pushing their energy companies into acquisitions.

That policy was highlighted last week when state-owned China National Offshore Oil Corporation made a $20bn unsolicited bid for Unocal of the US.

CNOOC is not believed to be interested in acquiring PetroKaz.

Although PetroKaz is based in Calgary, central Canada, its assets are all in the South Turgai Basin in south-central Kazakhstan.

On its website, PetroKaz says its proved plus probable crude oil reserves have been independently assessed at 550m barrels.

PetroKaz`s consideration of a sale has come as the group is facing a legal challenge from Lukoil, the Russian oil company.

This month Lukoil filed a $200m claim against PetroKaz at the International Chamber of Commerce`s court of arbitration in connection with a dispute over Turgai Petroleum, a joint venture between the two companies.

The company has also been at odds with the Kazakh government over environmental regulations.

Its New York-listed shares, which hit an all-time peak close of $47 in March, have tumbled by more than 30 per cent.

On Friday they closed up 1.2 per cent at $32.51.

[Kaufmonster]

Das Teil wird rocken
Bist heute abend über 30 Euro, da in USA heute abend der Punk abgehen wird
Habe mir schon bei 27,45 ein paar reingelegt.......

[Kaufmonster]

Entschuldigt bitte, meinte natürlich in Canada

[Kaufmonster]

Jetzt schon bei 28,20
Leute schnell einsteigen, das Übernahmeangebot könnte bis zu einem 30 %igen Aufschlag ausfallen. In dem Dreh dürfte das Angebot liegen! Leichter kann man kein Geld verdienen

[Kaufmonster]

...noch 5 Stunden, dann macht Toronto die Pforten auf. Wir werden schnell sehen in welcher Höhe das Angbot erwartet wird, glaubts mir

[MarkyMarky]

also das volumen ist gleich das höhste in den letzten 12 monaten...uiiii

[Kaufmonster]

Wer hier nicht zuschlägt, ist selber schuld

[marvellous]

Kaufmonster,
...nimm mal ein bisschen Wind raus, Petrokhaz ist keine
Aktie, die du mit deinem ständigen "Geblöke" bewegst.
Da sind schon ein paar "Big Daddys" im Hintergrund, welche
die Musik machen... OK !!

[Kaufmonster]

Keine Absicht von mir, sorry. Weiss ich doch auch, das hier kein ZOCK stattfindet
Also nicht immer alles so ernst sehen
Sonnige Grüsse, Kaufmonster

P.S. Freu mich halt mal, einen Big Player im Depot zu haben..........

[marvellous]

Kaspische Ölwerte,
wer sich wirlich für dieses Thema interessiert,
dem empfehle ich folgende Stuedie:
http://www.russia4u.de/Aton/aton.html
Viel Spass, bei den meisten handelt sich um keine
Zockeraktien, hier haben die grossen Jungens
(Flemming, Fidelity und Templeton) schon strategische
Interessen !!!
Viel Spass

[marvellous]

...das typische Geplänkel geht los ...
man will unbedingt unabhängig bleiben, weil man glaubt auch
so "Mehrwert" für die Aktionäre generieren zu können, aber wenn dann der Preis stimmt....


PetroKazakhstan Declines Comment on Report About Company Sale
2005-06-27 05:47 (New York)


By Eduard Gismatullin and Torrey Clark
June 27 (Bloomberg) -- PetroKazakhstan Inc., a Canadian
oil producer with assets in central Asia, wants to remain
independent, a spokesman said, while declining to comment on a
Financial Times report about the company`s possible sale.
Calgary-based PetroKazakhstan hired Goldman Sachs Group
Inc. as a consultant and expects to get bids later this week,
the newspaper reported today on its Web site, citing people
familiar with the situation. A Chinese producer and an Indian
oil company are the most likely buyers, the newspaper said.
``We don`t comment on market or media speculation,
especially regarding mergers and acquisitions,`` Jeffrey Auld,
a vice president at PetroKazakhstan in Windsor, England, said
today in a telephone interview. ``We`d like to remain an
independent company and believe we can add value for our
shareholders as such.``
At the same time, Auld said, citing the company`s annual
report, ``our board will consider any potential offers that
would add value for our shareholders.``
Petrokazakhstan`s market value is about $2.4 billion.
A Kazakhstan court has frozen the shares PetroKazakhstan
holds in a Kazakh joint venture with OAO Lukoil, Russia`s
largest oil producer. The venture, ZAO Turgai Petroleum, is
seeking damages from PetroKazakhstan, with Lukoil`s support.
The two partners are fighting for control over Kazakh oil.
Turgai Petroleum, with Lukoil`s support, is seeking more
than $500 million from PetroKazakhstan in a series of lawsuits
filed since December. It has already won a court decision
ordering PetroKazakhstan to return 3 million barrels of oil
diverted from an export pipeline, Grigory Volchek, a spokesman
for Lukoil Overseas Ltd., said June 15.

No Comment

Nikolay Manvelov, a spokesman at Lukoil, declined to
comment on the Financial Times report today.
Vagit Alekperov, Lukoil`s chief executive, said June 14
the company is interested in profitable assets. He declined to
comment on any interest in PetroKazakhstan.
Musabek Isayev, director of the Kazakh Energy Ministry`s
oil department, wasn`t aware of any PetroKazakhstan plans to
sell the company.
China National Petroleum Corp., the nation`s top oil
company, and Oil & Natural Gas Corp., India`s biggest explorer,
may be ``potential suitors`` for PetroKazakhstan`s assets,
Moscow-based Aton brokerage wrote today in a report e-mailed to
clients, which cited the Financial Times report.
``However, we would expect a bit of a bidding war for
PetroKazakhstan as other players operating in the region,``
such as Chevron Corp and Eni SpA, may be interested, the
brokerage said.
Indian Oil Minister Mani Shankar Aiyar said today he
wasn`t aware PetroKazakhstan might be for sale.

--Editor: King

Story illustration: To graph PetroKazakhstan`s share price,
see {PKZ CN <Equity> GP D <GO>}. To graph Lukoil`s share
price, see {LKOH RM <Equity> GP D <GO>} for an earnings
profile on PetroKazakhstan. For a menu of Bloomberg legal
functions, see {BLAW <GO>}.

To contact the reporter on this story:
Eduard Gismatullin in London at (44) (20) 7673-2268 or
[e-mail]
Torrey Clark in Moscow at (7) 095 771 7709 or
[e-mail].

[costabrava2005]

Die Spekulation auf eine Übernahme bleibt auf alle Fälle im Markt.

Und das ist es ja auch was an der Börse zählt > Phantasie !

Bin schon auf US Eröffung gespannt

[costabrava2005]

CALGARY, June 27 /PRNewswire-FirstCall/ - PetroKazakhstan Inc. (the "Company") in response to various enquiries following a recent media report, informs its shareholders that it has received approaches from a number of different parties regarding a potential corporate transaction involving either an acquisition or a merger with the Company.
The Company is currently engaged in a confirmatory and evaluation process seeking to assess the feasibility and the terms of potential transactions.

At this time, there can be no assurance that this process will lead to a potential transaction which could be recommended to shareholders as being in their best interests.

PetroKazakhstan Inc. is a vertically integrated, international energy company, celebrating its eighth year of operations in the Republic of Kazakhstan. The Company is engaged in the acquisition, exploration, development and production of oil and gas, the refining of crude oil and the sale of oil and refined products.

PetroKazakhstan shares trade in the United States on the New York Stock Exchange, in Canada on The Toronto Stock Exchange, in the United Kingdom on the London Stock Exchange and in Germany on the Frankfurt Exchange under the symbol PKZ. As of December 27, 2004, PetroKazakhstan shares began trading on the Kazakhstan exchange under the symbol CA_PKZ. The Company`s website can be accessed at www.petrokazakhstan.com

[costabrava2005]

NEW YORK (MarketWatch) - PetroKazakhstan Inc. Monday said it is in talks with different parties about possible mergers or acquisitions , and that it is trying to evaluate whether these prospects are feasible. The Calgary oil and gas company with operation in Kazakhstan stressed there are no guarantees that a deal will be reached. On Friday the company`s stock rose 39 cents to $32.51.

[marvellous]

Der aktuelle Research-Kommentar von Aton Capital
Russland


PetroKazakhstan
Reportedly put up for sale; to receive bids this week
PetroKazakhstan (PKZ) is mulling a sale, with Goldman Sachs, the company’s advisor, expecting to receive bids for the company later this week, the Financial Times cited sources familiar with the matter as saying.
The report said a Chinese and an Indian oil company are frontrunners in the auction, although Western bidders may also put in offers. While no bidders were named, the FT said CNOOC, which last week made an unsolicited bid for Unocal, was not believed to be interested.
We believe that CNPC from the Chinese side (which already has interests in Kazakhstan through CNPC-Aktobemunaigaz and the North Buzachi JV with Nelson) and ONGC from India (which has been eyeing assets in the region for some time) represent the potential suitors.
However, we would expect a bit of a bidding war for PKZ as other players operating in the region (Chevron, Eni and others) may also be interested. PKZ is trading at 2.3X 2005F EBITDA and 4.5X 2005F earnings (after recent production cuts are taken into account), a very inexpensive valuation by any measure even if recent legal troubles with Lukoil and Turgai Petroleum JV and the corresponding claims are taken into account. PKZ also trades at just $4.6/bbl of 2P reserves, a very inexpensive valuation for a fairly large producer with grandfathered tax status.
We thus note that PKZ’s current valuation leaves a lot of upside for a strategic investor even given the recent legal turbulence. In the event the new majority shareholder is able to negotiate settlements with the local authorities and Lukoil and is perceived as friendly by the state, the fair value of the company may be well above our current DCF target of $38.4 a share, as a simple settlement of claims and improvement in export netbacks would add material value.
We expect PKZ’s fair value for a strategic buyer to be at least in the range of $40-$50, which implies material upside for the stock from the current level of $32.5. We reiterate our Buy recommendation on the stock as the central point of our investment case – a possible change in management and control and a resulting settlement of all outstanding issues with its partners and the government – appears to be materializing. Separately, a successful, full-value auction for PKZ would further highlight the attractiveness of other Kazakhstan and Caspian oil assets, such as Nelson, Dragon and BMB Munai.

[marvellous]

Aktuelle Taxe USA 34,01 zu 39,82
Schlusskurs Freitag: 32,51

[Kaufmonster]

Hier schmeissen schon die Ersten, UNGLAUBLICH !
Wenn USA öffnet, dann

[marvellous]

"Low-Brainer" muss es geben, sonst würde die Börse
nicht funktionieren !!!

[marvellous]

Major Shareholder:
Morgan Stanley: 5.965 Mio shares
Fidelity: 4,591 Mio shares

[marvellous]

BID/ASK US Markt
35 zu 37

[marvellous]

aktuelles bid 35,26

[marvellous]

Aktuelles Bid US 36,50

[marvellous]

Aktuelles BID US 37,oo

[MarkyMarky]

so die herren ich bin raus.....mir reichts...30,9

viel glück euch allen

[Kaufmonster]

Selbst Du wirst Dich noch ärgern

[MarkyMarky]

abwarten....



kaufmonster......




bei meiner stückzahle ist das ein kleinwagen.... das reicht....unter 28 gehe ich rein wenn nicht pech gehabt hab schon pferde kotzen sehen

[marvellous]

Aktuelle BID US 38,20

[marvellous]

Bei 37 USD 50 TSD gehandelt,
ja das Tor ist eng, durch das jetzt alle durch wollen ...

[marvellous]

39,00 USD Umsatz 700 TSD

[marvellous]

PetroKazakhstan Gets Takeover Proposals, Shares Rise (Update2)
2005-06-27 10:03 (New York)


(Adds shares in first, sixth paragraph.)

By Eduard Gismatullin and Torrey Clark
June 27 (Bloomberg) -- PetroKazakhstan Inc., a Canadian oil
company working in central Asia, said it has been approached for a
possible takeover or merger. The shares rose as much as 20
percent, valuing the company at C$3.5 billion ($2.8 billion).
``The company is currently engaged in a confirmatory and
evaluation process seeking to assess the feasibility and the terms
of potential transactions,`` PetroKazakhstan said in a statement
today distributed through PR Newswire.
PetroKazakhstan has been operating since 1991 in Kazakhstan,
the second-largest producer among the former Soviet states, after
Russia. With crude oil reaching a record in New York and
approaching $61 a barrel, Chevron Corp. and Eni SpA, which also
have Kazakh projects, may be interested in the Canadian company`s
assets, the Aton brokerage in Moscow said.
The shares rose as much as C$7.90 to C$48 and were up C$6.90
as of 9:58 a.m. in Toronto. Before today, the stock this year had
slid 10 percent as PetroKazakhstan fought with its partner in a
Kazakh oil venture. Today`s rise was the largest since July 31,
2002.
Calgary-based PetroKazakhstan is fighting with OAO Lukoil,
Russia`s largest oil producer, for control over Kazakh oil. The
two companies have equal shares in the ZAO Turgai Petroleum
venture, in which PetroKazakhstan`s stake was frozen by a Kazakh
court this month. Turgai Petroleum, with Lukoil`s support, is
seeking more than $500 million from PetroKazakhstan in a series of
lawsuits filed since December.
PetroKazakhstan released the statement following a Financial
Times report about a possible sale. The company hired Goldman
Sachs Group Inc. as a consultant and expects to get bids later
this week, the newspaper reported today on its Web site, citing
unidentified people familiar with the situation.

Potential Suitors

China National Petroleum Corp., the nation`s top oil company,
and Oil & Natural Gas Corp., India`s biggest explorer, may be
``potential suitors`` for PetroKazakhstan`s assets, Aton said in a
note, which cited the Financial Times report.
``However, we would expect a bit of a bidding war for
PetroKazakhstan as other players operating in the region,`` Aton
wrote.
China National isn`t aware of PetroKazakhstan`s plans, Li
Runsheng, a spokesman at CNPC, said today. Indian Oil Minister
Mani Shankar Aiyar said today he wasn`t aware PetroKazakhstan
might be for sale.
Musabek Isayev, director of the Kazakh Energy Ministry`s oil
department, said he wasn`t aware of any plans by PetroKazakhstan
to sell the company.
PetroKazakhstan held 550 million barrels of proved and
probable oil and gas reserves as of Jan. 1, according to its Web
site. In May it said it wouldn`t meet its 2005 output target of
170,000 barrels of oil a day, following demands to comply with
laws Kazakhstan introduced in December to reduce the burning of
natural gas produced from oil.

Diverted Oil

Lukoil has already won a court decision ordering
PetroKazakhstan to return 3 million barrels of oil diverted from
an export pipeline, Grigory Volchek, a spokesman for Lukoil
Overseas Ltd., said June 15.
Vagit Alekperov, Lukoil`s chief executive, said June 14 the
company is interested in profitable assets. He declined to comment
on any interest in PetroKazakhstan.
Nikolay Manvelov, a spokesman at Lukoil, declined to comment
on the Financial Times report today.
``We`d like to remain an independent company and believe we
can add value for our shareholders as such,`` Jeffrey Auld, a
Windsor, England-based vice president at PetroKazakhstan, said
today in a telephone interview, before the company`s statement was
released. At the same time, Auld said, ``our board will consider
any potential offers that would add value for our shareholders.``

--With reporting by Ashok Bhattacharya and Kartik Goyal in New
Delhi, and Wing-Gar Cheng in Beijing. Editor: King, Coulter

Story illustration: To graph PetroKazakhstan`s share price,
see {PKZ CN <Equity> GP D <GO>}. To graph Lukoil`s share
price, see {LKOH RM <Equity> GP D <GO>} for an earnings
profile on PetroKazakhstan. For a menu of Bloomberg legal
functions, see {BLAW <GO>}.

To contact the reporter on this story:
Eduard Gismatullin in London at (44) (20) 7673-2268 or
[e-mail]
Torrey Clark in Moscow at (7) 095 771 7709 or
[e-mail].

To contact the editor responsible for this story:
Tim Coulter at (44) 20 77330 7901 or [e-mail].