AKD Quotidian : AsiaNet-Pakistan

Tag: AKD Quotidian

AKD Quotidian about — FFBL: 1QCY14 Result Preview

April 21, 2014 | Brokerage

Karachi, April 21, 2014 (PPI-OT): Fauji Fertilizer Bin Qasim is set to announce its 1QCY14 result on Apr 2214. The company is expected to record Net Loss after Tax (NLAT) of PkR197mn, translating into LPS of PkR0.21 as against NPAT …

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AKD Quotidian about — Pakistan Economy: CA remains in control

April 18, 2014 | Brokerage

Karachi, April 18, 2014 (PPI-OT): The CA deficit for Mar’14 has clocked in at US$156mn vs. a revised surplus of US$167mn in Feb’14.

As a result, the 9MFY14 CA deficit has been recorded at US$2,173mn (1.2% of GDP) compared to …

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AKD Quotidian about — LOTCHEM: 1QCY14 Result preview

April 17, 2014 | Brokerage

Karachi, April 17, 2014 (PPI-OT): The BoD of LOTCHEM is scheduled to meet on 24-Apr-14 to announce the result for 1QCY14. In this regard, AKD Securities expects the company to post NLAT of PkR31mn (LPS: PkR0.02), a sharp improvement over …

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AKD Quotidian about — ICI: 9MFY14 Result Preview

April 15, 2014 | Brokerage

Karachi, April 15, 2014 (PPI-OT): ICI is set to announce its result for 3QFY14 tomorrow. In this regard, AKD Securities expects the company to post sequential growth of 23%QoQ for NPAT of PkR604mn (EPS: PkR6.54) during 3QFY14.

While revenues are …

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AKD Quotidian about — Pakistan’s oil sales in FY14 to be highest ever

April 11, 2014 | Brokerage

Karachi, April 11, 2014 (PPI-OT): Marred by sluggish economic performances (5 yr average GDP growth at 2.9% and engulfed by the menace by the menace of circular debt ,Pakistan ‘s oil sales during the past 5 yrs (FY09-13)failed to live …

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AKD Quotidian about — Cotton update: April’14

April 10, 2014 | Brokerage

Karachi, April 10, 2014 (PPI-OT): USDA released its monthly cotton report for Apr14 yesterday. In this regard, USDA’S production estimates for MY2OI 3/14 (MY: Marketing Year starting August 1st) came off by a meagre 60k bales while global consumption estimates …

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AKD Quotidian about — Banks: 1QCY14 Result Previews

April 9, 2014 | Brokerage

Karachi, April 09, 2014 (PPI-OT): The listed banking sector has gained 12.4%CYTD with valuation rerating in the ongoing macro uptick dovetailing with impetus to earnings following the recent shift into PIBs.

According to AKD Securities, some of these positives should …

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AKD Quotidian about — Pakistan Market: Banks and OMCs on top!

April 8, 2014 | Brokerage

Karachi, April 08, 2014 (PPI-OT): After touching its recent trough of 25.478.9 points. the Index has rallied by 3,100 points to close In at 28.578.9 level, translating into 12% return (20% En US$ terms during past 28 trading sessions.

According …

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AKD Quotidian about — Pakistan Cement: Sequential Uptick in Mar14 Dispatches

April 7, 2014 | Brokerage

Karachi, April 07, 2014 (PPI-OT): According to news reports cement dispatches for 9MFY14 clocked in at 24.8mn tons up only 1%YoY.

In this regard, cement dispatches fell in comparison to Mar13 where local dispatches came off by 4%YoY to 2.5mn …

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AKD Quotidian about — Pakistan Market: Clear winner in the new MSCI FM 100!

April 3, 2014 | Brokerage

Karachi, April 03, 2014 (PPI-OT): Pakistan Market: Clear whiner in the new MSCI FM 100′

As per a MSCI press release, the proposals for the new calculation methodology tor the MSCI FM 100 index have been, approved, including applying a …

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AKD Quotidian about — ABL: TP Revision

April 2, 2014 | Brokerage

Karachi, April 02, 2014 (PPI-OT): AKD Securities revisits AKD Securities Limited’s earnings case for ABL post CYI3 results and raise AKD Securities Limited’s earnings estimates by 5% on average across the investment horizon. Together with slightly higher payout projections, this …

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AKD Quotidian about — Fertilizer Numbers: 2MCY14 urea sales up 6.6%

March 27, 2014 | Brokerage

Karachi, March 27, 2014 (PPI-OT): As per the latest numbers released by National Fertilizer Development Centre (NFDC), urea sales for 2MCYI4 have clocked in at 997.6k tons as against 936.1k tons sold in the same period last year, depicting growth …

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