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Karachi, March 03, 2014 (PPI-OT): CY13 expected to clock in at PKR 21.59/share, +82% YoY! CY13 earnings to clock in at PKR 21.59/share, up 82% YoY Pak Suzuki Motor Company’s (PSMC) Board of Directors is set to meet on 5th Mar’14 to approve its CY13 financial results. According to Arif Habib Limited, they expect the ...
Read More »AKD Quotidian about — Fertilizer Numbers: Potential for higher imports in 2Q?
Karachi, February 28, 2014 (PPI-OT): As per the latest numbers released by the National Fertilizer Development Centre (NFDC), total urea off take In the first month of CYI4 (Jan) stood at 6192k tons, an increase of 19.7%YoY. According to AKD Securities, the growth was led primarily by higher sales of EFERT following availability of feed ...
Read More »Morning Call about – Fauji Fertilizer Bin Qasim Limited Chemicals – Arif Habib Limited
Karachi, February 28, 2014 (PPI-OT): DAP primary margins jumped by 16% – BUY! Phosphoric acid contract price for Fauji Fertilizer Bin Qasim (FFBL) was settled at USD 680/ton for 1QCY14, up 11% QoQ while still down 12% YoY. Accordingly FFBL has increased DAP prices by PKR 210/bag to maintain its primary margins for DAP. According ...
Read More »Morning Briefing for February 26, 2014 – Standard Capital
Karachi, February 26, 2014 (PPI-OT): Habib Metropolitan Bank – good option for dividend lovers | HMB profitability remained stable for CY13 | BUY maintained Habib Metropolitan Bank (HMB) reported PAT of Rs 3.5bn (EPS Rs 3.37) for CY13 showing slightly growth of 3.5% YoY against last year’s PAT of Rs 3.25bn (EPS Rs 3.25). According ...
Read More »AKD Quotidian about — Pakistan Economy: Feb’14 CPI expected at Less than 8°/O
Karachi, February 26, 2014 (PPI-OT): Based on leading SPI data, AKD Securities expects CPI to moderate by O.8%MoM in Feb44. This should result in Feb14 CPI of 7.4%YoY vs. 7.9%YOY in Jan14 and 7.4%YoY in the corresponding period last year. According to AKD Securities, as a result, the 8MFYI4 CPI average should dock in at ...
Read More »Morning Briefing for February 25, 2014 – Standard Capital
Karachi, February 25, 2014 (PPI-OT): Hascol Petroleum IPO note | Growing OMC |subscribe Primary market offering Currently HPL has announced the issue of 25 million Ordinary shares (27.59% of total Post IPO paid up capital) of Rs 10 each for cash at a price of Rs 20 per share. According to Standard Capital, 18.75 million ...
Read More »AKD Quotidian about — INDU: 1HPY14 Result Preview
Karachi, February 25, 2014 (PPI-OT): Indus Motor Company (INDU) is scheduled to announce its IHFYI4 result tomorrow. According to AKD Securities, they expect the company to post NPAT of PkRI, 446mn (EPS: PkRI8.39) in IHFVI4 versus NPAT of PkR9l8mn (EPS: 12.44) in IHFYI3, a growth of 47.8%VoY. Alongside the result, AKD Securities expects an interim ...
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