Tag Archives: AKD Quotidian

Karachi, February 19, 2013 (PPI-OT): Following relatively disappointing results (CY12 EPS: PkR23.OO vs. AKD Security’s estimates of PkR24.30), AKD Security’s reduces AKD Security’s projections for MCB by 2%-6% across AKD Security’s forecasts horizon. According to AKD Securities, however, due to rollover to CY13F, AKD Security’s blendeds target price increases to …

Karachi, February 15, 2013 (PPI-OT):BAFL conducted a presentation session yesterday to apprise investors about its TFC issuance of PkR5bn (PkRI.25bn through public offer) where the instrument – which will be listed – is intended to shore up the bank’s CAR (Sep 30’12: 12.5%) in view of earlier issued TFCs that …

Karachi, February 12, 2013 (PPI-OT): According to recent numbers released by PAMA, Jan’13 industry sales for cars and LCVs declined by 14%YoY but rose by 52%MoM to 12,811 units with the sequential increase on account of New Year registrations and likely decline in imported vehicles resulting from the reduction in …

Karachi, February 08, 2013 (PPI-OT): DGKC will be announcing its 1HFY13 results on Feb 11’13. According to AKD Securities, AKD Securities expects the company to post an NPAT of PKR2,977mn (EPS: PKR6.79) during the period under review, more than doubling 1HFY12 profitability (NPAT PKR1,279mn, EPS PKR2.92).Earnings rise during 1HFY13 is …

Karachi, February 07, 2013 (PPI-OT): PTC is scheduled to announce its results for period ending Dec 31’12 on Feb 13’13. According to AKD Securities, recall, PTC has changed its reporting year end to December from June previously. AKD Securities expects the company to post bumper earnings in 4QCY12 with consolidated …

Karachi, February 06, 2013 (PPI-OT): Local cement offtake for Jan13 has registered at 2.135mn tons, up 10%YoY/down 5%MoM but higher than the 20FY13 monthly average local offtake of 200Gmn tons- At the same time, cement exports for Jan13 have clocked in at O.52mn tons, down by 12%YoY and 10%MoM. According …