AsiaNet-Pakistan Premier Editorial Content and Press Release Distribution Service
Karachi, August 07, 2013 (PPI-OT): According to news reports the cement dispatch data released by APCMA for Jul’13 presented a disappointing picture declining both sequentially and on a YoY basis. According to AKD Securities overall cement dispatches for the country clocked in at 2.594mn tons, down by 7.7%YoY. In this …
Read More »Morning Call about -Monthly LDI minutes: Flattish growth so far despite season – Arif Habib Limited
Karachi, August 07, 2013 (PPI-OT): LDI minutes for Jul’13 clock in at 505mn, a mere 0.8% increase MoM As per latest figures available, incoming int’l call minutes for Jul’13 were recorded largely flat at 505mn, a mere 0.8% MoM increase. According to Arif Habib Limited the flattish growth in the …
Read More »AKD Quotidian about — OGDC: FY13 Result Preview
Karachi, August 06, 2013 (PPI-OT): OGDC will be announcing its FY13 results today. AKD Securities expects the company to post NPAT of PkR102.6bn (EPS: PkR23.86), which would denote a growth of 6%YoY. According to AKD Securities revenues are forecasted to expand by 15%YoY in FY13 to PkR228bn, underscored by volumetric …
Read More »Market and Index Review- MARKET TODAY – RSL Securities Limited
Karachi, August 06, 2013 (PPI-OT): On Monday the first day of the week market opened in a mixed direction. According to RSL Securities Limited the support was seen near the level of 22,800 points. After that market showed a bearish trend and the support was near 22,465 points. During the …
Read More »AKD Quotidian about — Higher interest rates ahead can stall Market rerating
Karachi, August 05, 2013 (PPI-OT): Driven by higher GST, higher food prices and increase in petroleum product prices, CPI has jumped by 2.O%MoM to 8.3% in Jul’13. This is the highest increase in headline inflation since Sep’12 (+88%Y0Y). At the same time, core (trimmed) inflation has also jumped to 72%YoY …
Read More »AKD Quotidian about — EFOODS – Earnings revised downwards, rich multiples unjustified
Karachi, August 01, 2013 (PPI-OT): EFOODS held its 1 HCYI3 analyst briefing yesterday where the company discussed IHCVI3 results as well as its future plans. According to AKD Securities EFOODS posted NPAT of PkRI.lbn (EPS: PKR1.46) in IHCVI3, which denotes muted growth of 9%YoY, with earnings driven by higher margins, …
Read More »AKD Quotidian about — UBL: 1HCY13 Result Preview
Karachi, July 31, 2013 (PPI-OT): On a consolidated basis, AKD Securities expects UBL to post NPAT of PkR4.68bn (EPS: PkR3.82) in 2QCVI3, flat on a VoY basis but down by 4%QoQ. According to AKD Securities this will bring 1HCYIS NPAT to PkR9.18bn (EPS: PkR7.50) in 1HCYI3 against NPAT of PkR9.39bn …
Read More »