Artwork

Inhoud geleverd door Al Ahly Pharos. Alle podcastinhoud, inclusief afleveringen, afbeeldingen en podcastbeschrijvingen, wordt rechtstreeks geüpload en geleverd door Al Ahly Pharos of hun podcastplatformpartner. Als u denkt dat iemand uw auteursrechtelijk beschermde werk zonder uw toestemming gebruikt, kunt u het hier beschreven proces https://nl.player.fm/legal volgen.
Player FM - Podcast-app
Ga offline met de app Player FM !

Pre-Trading Thoughts

5:49
 
Delen
 

Manage episode 329781392 series 2987212
Inhoud geleverd door Al Ahly Pharos. Alle podcastinhoud, inclusief afleveringen, afbeeldingen en podcastbeschrijvingen, wordt rechtstreeks geüpload en geleverd door Al Ahly Pharos of hun podcastplatformpartner. Als u denkt dat iemand uw auteursrechtelijk beschermde werk zonder uw toestemming gebruikt, kunt u het hier beschreven proces https://nl.player.fm/legal volgen.

Real GDP growth rate recorded in 9M FY21/22 was 7.8%, recording 5.4% in 3QFY2021/22, with expectations to reach 6.2% in FY21/22.

Prime Minister pledged fresh incentives to draw foreign investors into the country for projects including data centers, LNG terminals, telecom towers, oil and gas pipelines, and wind plants.

CBE data showed that external debt amounted to USD145.5 billion at the end of December, of which 91.2% are long-term debt.

The government will hold public consultations on its privatization plans over three months.

The Public-Private Partnership Unit at the Ministry of Finance has launched a project to establish 8 advanced waste recycling plants, with an expected investment of USD700 million. It extended the deadline for receiving bids from private sector companies to build and operate schools to 26 June, instead of 25 May.

HRHO 1Q22 group attributable net profit recorded a healthy EGP345 million (-14% q/q, +18% y/y). aiBank represented 21% (c.EGP72 million). The company is currently trading at P/E22 9.1x and P/B22 0.9x.

HDBK 1Q22 standalone bottom line recorded EGP640 million (+62% q/q, +3% y/y). HDBK is currently trading at 2022 P/E of 3.1x, and P/B of 0.5x.

CNFN 1Q22 consolidated net attributable income expanded by 40% y/y recording EGP154 million. CNFN is currently trading at P/E22 of 6.3x, and P/B22 of 1.5x.

PHAR 1Q22 net profit came in at EGP174 million in 1Q22, +21.3% YoY and +5.8% QoQ. PHAR’s BoD preliminary approved acquiring ACDIMA’s 99.9% stake in UPE Pharma. PHAR is currently trading at 2022f P/E of f4.90x and EV/EBITDA of 4.0x.

MICH 9MFY21/22 net profit amounted to EGP148 million (+37% YoY). MICH is trading at 4.3x P/E forFY21/22.

A consortium of Egypt’s Octa International and Saudi Olayan Group’s Aluminum Products Company (ALUPCO) signed an MoU with the National Organization for Military Production to build an EGP 500 mn aluminum factory.

Lafarge Egypt is preparing a file to be submitted to the Competition Protection Authority, demanding an extension of the decision to reduce production and allocate cement quotas for an additional year.

Qatari Baladna increased their share in JUFO from a previous 9.990% to a current 10.138% with an average share price of EGP8.85/share.

German snack food maker Lorenz Snack-World plans to invest EGP 200 mn in Egypt between 2023 and 2026.

Dairy producer Milkys will spend EGP 400 mn on a new factory, on two stages.

Passenger Car Importers and Distributors are now limiting sales to their branches and showrooms, in light of declining inventory as a result of the slowdown in importation.

  continue reading

1206 afleveringen

Artwork
iconDelen
 
Manage episode 329781392 series 2987212
Inhoud geleverd door Al Ahly Pharos. Alle podcastinhoud, inclusief afleveringen, afbeeldingen en podcastbeschrijvingen, wordt rechtstreeks geüpload en geleverd door Al Ahly Pharos of hun podcastplatformpartner. Als u denkt dat iemand uw auteursrechtelijk beschermde werk zonder uw toestemming gebruikt, kunt u het hier beschreven proces https://nl.player.fm/legal volgen.

Real GDP growth rate recorded in 9M FY21/22 was 7.8%, recording 5.4% in 3QFY2021/22, with expectations to reach 6.2% in FY21/22.

Prime Minister pledged fresh incentives to draw foreign investors into the country for projects including data centers, LNG terminals, telecom towers, oil and gas pipelines, and wind plants.

CBE data showed that external debt amounted to USD145.5 billion at the end of December, of which 91.2% are long-term debt.

The government will hold public consultations on its privatization plans over three months.

The Public-Private Partnership Unit at the Ministry of Finance has launched a project to establish 8 advanced waste recycling plants, with an expected investment of USD700 million. It extended the deadline for receiving bids from private sector companies to build and operate schools to 26 June, instead of 25 May.

HRHO 1Q22 group attributable net profit recorded a healthy EGP345 million (-14% q/q, +18% y/y). aiBank represented 21% (c.EGP72 million). The company is currently trading at P/E22 9.1x and P/B22 0.9x.

HDBK 1Q22 standalone bottom line recorded EGP640 million (+62% q/q, +3% y/y). HDBK is currently trading at 2022 P/E of 3.1x, and P/B of 0.5x.

CNFN 1Q22 consolidated net attributable income expanded by 40% y/y recording EGP154 million. CNFN is currently trading at P/E22 of 6.3x, and P/B22 of 1.5x.

PHAR 1Q22 net profit came in at EGP174 million in 1Q22, +21.3% YoY and +5.8% QoQ. PHAR’s BoD preliminary approved acquiring ACDIMA’s 99.9% stake in UPE Pharma. PHAR is currently trading at 2022f P/E of f4.90x and EV/EBITDA of 4.0x.

MICH 9MFY21/22 net profit amounted to EGP148 million (+37% YoY). MICH is trading at 4.3x P/E forFY21/22.

A consortium of Egypt’s Octa International and Saudi Olayan Group’s Aluminum Products Company (ALUPCO) signed an MoU with the National Organization for Military Production to build an EGP 500 mn aluminum factory.

Lafarge Egypt is preparing a file to be submitted to the Competition Protection Authority, demanding an extension of the decision to reduce production and allocate cement quotas for an additional year.

Qatari Baladna increased their share in JUFO from a previous 9.990% to a current 10.138% with an average share price of EGP8.85/share.

German snack food maker Lorenz Snack-World plans to invest EGP 200 mn in Egypt between 2023 and 2026.

Dairy producer Milkys will spend EGP 400 mn on a new factory, on two stages.

Passenger Car Importers and Distributors are now limiting sales to their branches and showrooms, in light of declining inventory as a result of the slowdown in importation.

  continue reading

1206 afleveringen

Alle Folgen

×
 
Loading …

Welkom op Player FM!

Player FM scant het web op podcasts van hoge kwaliteit waarvan u nu kunt genieten. Het is de beste podcast-app en werkt op Android, iPhone en internet. Aanmelden om abonnementen op verschillende apparaten te synchroniseren.

 

Korte handleiding