The banking sector continued to put in a strong performance during 2013 despite the slowdown of economic growth in Lebanon and the instability Read More
The trend of the car market in Lebanon, just like everywhere else in the world, is inextricably linked to consumer behavior and Read More
Over the course of 2013, Lebanon not only had to face its own set of domestic challenges but also suffered the spillovers from Read More
Equity Research
Alert on Q3 2013- Maintaining an ACCUMULATE on SODIC on lower political and legal uncertainties
We raise our target price on SODIC to EGP 26.80 per share, maintaining an ACCUMULATE rating. Despite the challenging macro and political environment Read More
Equity Research
Alert on Q3 2013- Maintaining our ACCUMULATE on Yamama Cement on positive outlook and attractive dividend yield
We maintain our ACCUMULATE rating on Yamama, raising our target price from SAR 57.74 to SAR 62.59 after it was reached in November. This Read More
Equity Research
Alert on H1 2013- Maintaining our ACCUMULATE on Yamama Cement after accounting for revised forecasts
We maintain an ACCUMULATE rating on Yamama, raising its target price to SAR 57.74 from SAR 51.20 previously, after it was reached during June 2013 Read More
Equity Research
Alert on Q1 2013- Maintaining an ACCUMULATE on SODIC on potential stock price appreciation
We lower our target price on SODIC to EGP 18.48 per share from EGP 23.32 previously as Q1 results missed expectations. We maintain our Read More
Equity Research
Alert on FY 2012- Maintaing an ACCUMULATE on SODIC as it trades at discount to peers
We revised our target price on SODIC to EGP 23.32 per share, maintaining an ACCUMULATE rating after incorporating the Eastown land in our Read More
Equity Research
Blominvest Initiates coverage on SODIC with an ACCUMULATE Rating and a Fair Value of EGP 27.00 per share
We have initiated coverage on SODIC, an Egyptian real estate developer, with an ACCUMULATE rating and a fair value of EGP 27.00 per Read More
Equity Research
Alert on H1 2012- Maintaining our ACCUMULATE on Yamama Cement since hare price reflects cement industry’s rebound
We maintain an ACCUMULATE rating on Yamama, the Saudi cement producer, with a fair value of SAR 51.2 per share, presenting an upside Read More
