Ezz Steel reported a 24% y-o-y jump in revenues in H1 to EGP 9,334M, led by strong private residential construction activity despite the Read More
We value Yamama Cement at SR 74 per share using a discounted cash flow model with a 12.7% discount rate and a 2,5% terminal growth Read More
Holcim Liban (HL) seems to have unexpectedly shielded its grey cement operations from the slowdown in the Lebanese real estate sector, as Read More
We maintain our fair value for SE at EGP 32.40 per share after accounting for the recent 30% stock dividend distribution at a ratio Read More
We have updated our recommendation on Ezz Steel to a HOLD rating, with a fair value of EGP 9.50 per share presenting an Read More
Solidere’s revenues reached a new high of USD 382 million, rising 14% due to growth in land sales and higher rentals. Earnings registered Read More
Revenues at Holcim Liban have reached a new high of USD 227 million, growing 9.8% due to increasing local demand. This is aligned with Read More
Blominvest initiates coverage on El Sewedy Electric with a HOLD recommendation and a fair value of EGP 42.23 per share. Such a valuation Read More
We downgrade our fair value on EZZ Steel to 14.22 with a SELL recommendation on weaker sales outlook and additional discount rate premium. Read More
Blominvest initiates coverage on Ezz Steel, with a HOLD recommendation and a fair value of EGP 22.40 per share. While such a valuation Read More
