Equity Research Blominvest Initiates Coverage on Yamama Cement with an ACCUMULATE Rating and a Fair Value of SR 74 per share admin December 17, 2011 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
Equity Research Alert on H1 2011 – Holcim Liban grows its operations against expectations of a bearish local real estate sector admin October 17, 2011 Holcim Liban (HL) seems to have unexpectedly shielded its grey cement operations from the slowdown in the Lebanese real estate sector, as Read More
Equity Research Alert on FY 2010 – Maintaining a HOLD on Holcim with a target share price of USD 16.00 admin June 17, 2011 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
Equity Research Blominvest initiates coverage on Holcim Liban with a HOLD rating and a fair value of USD 17.49 per share admin December 6, 2010 As part of Blominvest Bank’s series of local and regional equity research coverage, the investment bank has initiated coverage on HOLCIM Read More