Equity Research Alert on Q3 2014 – Maintaining an ACCUMULATE on SODIC admin December 16, 2014 We maintain our ACCUMULATE rating on SODIC as we believe the company is in a strong position to attract promising growth opportunities. Read More
Equity Research Alert on Q3 2014 – Maintaining an ACCUMULATE Rating on admin December 5, 2014 We maintain our ACCUMULATE rating on TMG, revising down our target price to EGP 11.29 per share as the unresolved Madinaty case continues Read More
Equity Research Alert on Q3 2014 – Blominvest Issues a HOLD on admin November 10, 2014 We issue a HOLD rating on Arab Bank with a Target Price of JOD 7.72 per share as the ongoing fragile regional political Read More
Equity Research Upgrading our target price on Solidere to USD 13.58 following admin November 10, 2014 During the analyst’s day held by Solidere on October 30, 2014, the management disclosed the company’s success in closing a deal over 3 Read More
Equity Research Alert on H1 2014 – Maintaining a HOLD Rating on admin October 20, 2014 We value Holcim Liban (HL) at USD 15.28 per share, maintaining our HOLD recommendation as the ongoing presidential vacuum on top of the Read More
Equity Research Alert on H1 2014 – Maintaining our target price on admin October 15, 2014 We maintain our target price for Solidere at USD 13.31 following the release of their H1 results as our previous estimates met the Read More
Equity Research Flash Note – Maintaining our favorable rating on SODIC following admin October 13, 2014 On 01/10/2014, the Egyptian Stock Exchange (EGX) listed and started trading SODIC’s 250 million rights at a par value of EGP 4 per share Read More
Equity Research Alert on H1 2014 – Downgrading Ezz Steel to a admin October 8, 2014 We downgrade Ezz Steel to a HOLD rating, revising down our target price to EGP 18.06 per share as we view the current Read More
Equity Research Alert on H1 2014 – Maintaining an ACCUMULATE on El admin September 22, 2014 We maintain our ACCUMULATE rating on El Sewedy Electric, revising up our target price to EGP 46.23 per share on signs of improving Read More
Equity Research Alert on H1 2014 – Blominvest maintains an ACCUMULATE on admin September 5, 2014 We maintain our ACCUMULATE rating on TMG, revising up our target price to EGP 12.48 per share on promising outlook following robust off-plan Read More