Equity Research Alert on FY 2012 – Maintaining a HOLD on El admin April 22, 2013 We lower our target price on El Sewedy Electric to EGP 19.00 per share using a DCF method with a WACC of 16.50% and Read More
Equity Research Alert on FY 2012- Maintaing an ACCUMULATE on SODIC as research March 23, 2013 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 Alert on FY 2013 – Maintaining a HOLD on Talaat admin March 13, 2013 We update our target price on Talaat Moustafa (TMG) to EGP 4.40 per share after taking into account Egypt’s shaky economic and Read More
Equity Research Alert on Q3 2012 – Issuing a HOLD rating on admin March 7, 2013 We updated our target price on Ezz Steel to EGP 10.27 with a HOLD recommendation after accounting for the additional specific risk associated Read More
Equity Research Alert on Q3 2012 – Reducing El Sewedy to a admin February 8, 2013 We downgrade El Sewedy Electric to a HOLD rating with Medium risk, lowering the target price to EGP 24.40 per share from EGP 28.2 Read More
Equity Research Blominvest initiates coverage on TMG with a HOLD rating as admin February 4, 2013 We initiate coverage on Talaat Moustafa,the largest real estate developer in Egypt, with a HOLD Rating and a target price of Read More
Equity Research Alert on Q3 2012 – Maintaining an ACCUMULATE rating on admin December 10, 2012 We maintain an “Accumulate” rating on Arab Bank with a target price of JOD 8.00, presenting a 16.6% premium over its recent closing price. Read More
Equity Research Alert on H1 2012 – Maintaining a HOLD on Holcim admin October 31, 2012 We maintain a HOLD rating on Holcim Liban with a target price of USD 15.21 per share, presenting only a 1.93% downside over its Read More
Equity Research Blominvest Initiates coverage on SODIC with an ACCUMULATE Rating and research October 1, 2012 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 – El Sewedy undervalued, but Syria admin September 10, 2012 We upgrade El Sewedy to an ACCUMULATE rating with Medium risk following the release of their H1 2012 results, raising the target price Read More