Month: April 2012

Alert on FY 2011 – Upgrading Ezz Steel to ACCUMULATE on strong operational performance

Equity Research

Alert on FY 2011 – Upgrading Ezz Steel to ACCUMULATE on strong operational performance

admin April 24, 2012

We upgrade our rating on Ezz Steel to an ACCUMULATE rating with a fair value of EGP 8.60 following the release of its 2011 Read More

Alert on FY 2011 – Lowering our fair value on El Sewedy on high uncertainty surrounding cables operations

Equity Research

Alert on FY 2011 – Lowering our fair value on El Sewedy on high uncertainty surrounding cables operations

admin April 5, 2012

We expect demand in Egypt to remain weak in 2012, further dropping by 20% according to SE’s management, on limited public spending as Read More

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