Stock Evaluations

Research firms maintains ‘Overweight’ recommendation on Credit Agricole Egypt
14 February 02:57 PM Research firms maintains ‘Overweight’ recommendation on Credit Agricole Egypt
Cairo – Mubasher: Pharos Research has reiterated their ‘Overweight’ recommendation on Credit Agricole Egypt’s stock based on fair value (FV) of EGP 55 per share. The bank has proposed cash dividend at yield of 9.7% this year, which is 12% higher …
Al Manar Financing and Leasing Co. was founded in Kuwait in 2003
12 February 10:18 AM Al Manar Financing starts trading on Boursa Kuwait Tuesday
Mubasher: Trading on the stock of Al Manar Financing and Leasing Co. has started on Tuesday, 12 February. Al Manar will be listed in the financial services segment in the Main Market of Boursa Kuwait, according to a bourse disclosure on Tuesday. …
Al Manar Financing has a capital standing at KWD 30.9 million
7 February 12:41 PM Al Manar Financing to list on Boursa Kuwait
Mubasher: Boursa Kuwait will hold a press conference on Tuesday, 12 February 2019, on the occasion of listing Al Manar Financing and Leasing Co. on Boursa Kuwait. Al Manar Financing and Leasing will be trading on the Main Market of Boursa Kuwait, …
Suspending trading on Warba’s stock was due to the reduction of capital
6 February 11:01 AM Trading on Warba Capital to resume on Thursday
Mubasher: Boursa Kuwait announced that the trading activity on Warba Capital Holding Co’s stock will resume on Thursday, 7 February 2019. Suspending trading on Warba’s stock was due to the reduction of capital, according to a bourse filing on …
CIB makes up more than 33% of the EGX’s benchmark EGX30 index
5 February 03:59 PM Pharos Research maintains ‘Equalweight’ on CIB
Cairo – Mubasher: Pharos Research has maintained their ‘Equalweight’ recommendation for Commercial International Bank – Egypt’s (CIB) stock based on fair value (FV) of EGP 90 per share. CIB, which makes up more than 33% of the Egyptian Exchange’s …
Sidpec is likely to face pressure from the recent decline in global polyethylene prices
5 February 03:44 PM Research firm sets Sidpec’s FV at EGP 19.22/shr
Cairo – Mubasher: Pharos Research has maintained their fair value (FV) on Sidi Kerir Petrochemicals’ (Sidpec) stock at EGP 19.22 per share, with an ‘Equalweight’ recommendation. Despite posting positive profit margins for the last quarter of 2018, …
QNB forecast QEWS’ revenues to fall by 13% to QAR 617.1 million for the fourth quarter of 2018
4 February 04:54 PM QNB maintains QEWS PT at QAR 209/shr
Mubasher: Qatar National Bank (QNB) Financial Services maintained the price target (PT) for Qatar Electricity and Water Company (QEWS) at QAR 209 per share and kept its recommendation at “accumulate”. The brokerage arm of the largest bank in the …
Pharos Research maintains FV on Juhayna Food Industries’s stock at EGP 12.73 per share
4 February 03:44 PM Pharos maintains Juhayna’s FV at EGP12.73/shr
Cairo – Mubasher: Pharos Research has reiterated their fair value (FV) on Juhayna Food Industries’ stock at EGP 12.73 per share, with an ‘Equalweight’ recommendation. Earnings before interest, taxes, depreciation, and amortisation (EBITDA) margins …
Boursa Kuwait's indices closed Thursday’s session on a varied note
31 January 01:52 PM Boursa Kuwait ends Thursday mixed note amid investor caution
By: Mohamed Farouk Mubasher: The Indices of Boursa Kuwait closed Thursday’s session on a varied note, with the All-Share and Main Market indices rising 0.05% and 0.46%, respectively, while the Premier Market index fell 0.15%. Boursa Kuwait’s mixed …
QNB maintained its price target for Gulf Warehousing Company at QAR 51 per share
30 January 05:27 PM QNB keeps Gulf Warehousing’s PT at QAR 51/shr
Mubasher: Qatar National Bank (QNB) Financial Services maintained the price target (PT) for Gulf Warehousing Company (GWC) at QAR 51 per share and lowered its recommendation from “outperform” to “accumulate”. The Qatar-listed firm reported a …
The indices of Boursa Kuwait closed Thursday’s session on a mixed note
24 January 01:54 PM Boursa Kuwait indices mixed at Thursday’s close; liquidity shrinks 21%
By: Mohamed Farouk Mubasher: The indices of Boursa Kuwait closed Thursday’s session on a mixed note, with the All-Share and Premier indices rising 0.09% and 0.21%, respectively, while the Main Market index fell 0.16%. The basic materials sectors …
Alexandria Container reported a 15% year-on-year decline in its net profit during the first half of fiscal year 2018/2019
21 January 03:52 PM Pharos Research maintains Alexandria Container’s FV at EGP 14.5/shr
Cairo – Mubasher: Pharos Research has reiterated its fair value (FV) for Alexandria Container and Cargo Handling Company’s stock at EGP 14.5 per share, recommending an ‘Equalweight’. Holding Company for Maritime and Land Transport’s general …
The indices of Boursa Kuwait closed Monday’s session on a mixed note, after the Main market rose 0.06%, while the Premier market fell 0.03% and the All-Share index was near stable.
21 January 02:21 PM Boursa Kuwait closes Monday on mixed note amid thin liquidity
By: Mohamed Farouk Mubasher: The indices of Boursa Kuwait closed Monday’s session on a mixed note, after the Main market rose 0.06%, while the Premier market fell 0.03% and the All-Share index was near stable. The basic materials sector led risers …
The stock’s lower evaluation was ascribed to the sale of MENA Cables
16 January 12:49 PM Pharos cuts Orascom Investment’s FV to EGP 0.66/shr
Cairo — Mubasher: Pharos Research has slashed its fair value (FV) of Orascom Investment Holding’s stock by 29.8% to EGP 0.66 from EGP 0.94. The stock’s lower evaluation was ascribed to the sale of MENA Cables, lack of value-accretive investments, …