Tag Archives: AKD Quotidian

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 ...

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 ...

Karachi, February 24, 2014 (PPI-OT): The Board of Oil and Gas Development Company Limited (OGDC) is scheduled to meet tomorrow to finalize the company’s IHFYI4 result. According to AKD Securities, they expect the company to post earnings of PkRBS2bn (EPS: PkRIS15) Compared to earnings of PkR4O.2bn (EPS; PkRII.45) during the corresponding period last year – ...

Karachi, February 21, 2014 (PPI-OT): KAPCO has shed 9% after announcement of IHFVI4 result, where the company posted earnings decline of 23%YoY, which was well below expectations. According to AKD Securities, the earnings decline was led by higher OandM costs as the company undertook major overhauls which stretched to Dec’13. However, AKD Securities expects 2HFYI4 ...

Karachi, February 20, 2014 (PPI-OT): The CA deficit for Jan’14 has clocked in at US$464mn vs. a revised Surplus of US$283mn in Dec13. According to AKD Securities, as a result, the 7MFY14 CA deficit has been recorded at US$2,05Smn (less than 1% of GOP) compared to a deficit of US$441mn in the same period last ...

Karachi, February 19, 2014 (PPI-OT): Nishat Chunian Limited (NCL) announced 20FY14 result yesterday where the company posted earnings of PkRI043mn (EPS: PkR521}, up 366%QoQ/70%YoV led primarily by dividend of PkRI, O3Bmr’ (EPS impact: PkR4.67) received from NCPL during 20FV14. According to AKD Securities, that said. a slump in the yarn market coupled with a sharp ...

Karachi, February 18, 2014 (PPI-OT): While CY13 results were subdued EPS: PkR2I.62, +3%YoY), there is enough to suggest that the banks outlook is more promising, with management looking to utilize existing capital buffer (CAR: 22.2%) for balance sheet growth (Islamic banking) and diversification (foreign operations). According to AKD Securities, together with improving asset quality (9%YoY ...