The stocks released by MRSK North Caucasus are transferred from B-list to the non-listed sector of MICEX due to the violation of the capitalization demands, as it was informed.
The stocks are under trading from 2008. In 2010 they entered B-list on MICEX. In 2009 their price rallied up 5 fold due to the strengthening of the macroeconomic patters.
In 2011 the negative trend was in force prompted by the unsteady situation in the sector regulation including the cutdown of the tariffs and review of key parameters of RAB-regulation.
MRSK North Caucasus is recognized as the most underestimated and most attractive energos from the investment point of view. The consensus forecast of the growth potential can exceed 45%.
MRSK North Caucasus (TIN 2632082033) provides control over the dispatching grid companies including Dagenergo, KEUK covering Kabardino- Balkariya, Karachaevo-Cherkesskaya, North Osetiya Alaniya, Ingushetiya republics, Stavropolenergo, Kabbalkenergo, Karachaevo Cherkesskenergo, Kalmenergosbyt, Sevkavkazenergo, Ingushenergo, Dagestanskaya Energy Sale Company and Nurenergo (Chechnya).
The lines cover 108.452ths km; capacity coming to 10.082ths MW.
The share capital is worth 29.532mln rub. split in 29532052 common stocks of 1 rub. par. MRSK Holding keeps 58.2529%.
The IQ 2012 net profit (RAS) was halved to 309.807mln rub. prior year period; revenues dropped 17.5% to 2.495bn rub. from 3.026bn rub.; profit from sales - 2.5 fold to 340.501mln rub. from 865.458mln rub.; pretax profit - 1.9 fold to 453.504mln rub. from 870.210mln rub