AKD Securities Limited : AsiaNet-Pakistan

Tag: AKD Securities Limited

AKD Securities Limited – Business Confidence Survey 2015: Decoding the Corporate Pulse

May 20, 2015 | Brokerage

Karachi, May 20, 2015 (PPI-OT): In the backdrop of an improved macroeconomic environment, our latest ‘Business Confidence Survey – 2015’ echoes an optimistic operating environment sentiment, particularly with respect to business growth. Our survey suggests that business confidence is relatively high and the current soft inflationary environment (low input cost pressures) coupled with a lower …

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AKD Securities Limited — South African Anti Dumping Duty

May 15, 2015 | Brokerage

Karachi, May 15, 2015 (PPI-OT): As per news sources and discussions with management of different companies, South African Revenue Service has imposed an anti dumping duty on every Pakistani cement manufacturer ranging from 14%-77%. In this regard, Bestway cement has been charged the highest duty level of 77.2% while Lucky Cement is to be charged …

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AKD Securities Limited – INDU: Auto financing to improve earnings

May 12, 2015 | Brokerage

Karachi, May 12, 2015 (PPI-OT): Pakistan Auto Sector remained one of the top performer at the KSE-100 Index in CY15TD where it posted a return of 23% against market’s return of 1.2%, outpacing it by 22.2%. Similar has been the trend of the AKD Universe where with return of 23% in the aforementioned period, Auto …

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AKD Securities Limited – HUBC: FY15/FY16 earnings outlook revised by 5%/7%

May 11, 2015 | Brokerage

Karachi, May 11, 2015 (PPI-OT): AKD Securities Limited raises AKD Securities Limited’s FY15E earnings outlook for HUBC, incrementally increasing NPAT to PkR11.1bn, with Profit Attributable to Holding Company (PAH) to be at PkR10.6bn (EPS:PkR9.2) against AKD Securities Limited’s previous estimates for PAH of PkR10.07bn (EPS: PkR8.7). Reasons behind aforementioned increase are: 1) True-up in the …

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AKD Securities Limited – Pakistan Cement: Is the top-line secure?

May 8, 2015 | Brokerage

Karachi, May 08, 2015 (PPI-OT): While continuing with AKD Securities Limited’s bullish stance on the Pakistan Cements, AKD Securities Limited tests the industry’s fundamental strength through a top-line analysis, in AKD Securities Limited’s report today. After exhibiting an overall dispatches growth of 2.6%YoY in Apr’15, the same for 10MFY15 is up 3.9%YoY (on the back …

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AKD Securities Limited – Pakistan Market: Apr’15 saw normal service resuming at KSE

May 4, 2015 | Brokerage

Karachi, May 04, 2015 (PPI-OT): After a dismal run of form seen in the previous two months (Feb’15 and Mar’15) where the market cumulatively lost 12.2% of its market capitalization (US$10.2bn), normal service was resumed in Apr’15 as the KSE-100 Index gained 11.5% to close at 33,730 levels. Apr’15 saw the market regaining 83.0% (3,496pts) …

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AKD Securities Limited – KEL: Electrifying returns yet to be priced in!

April 30, 2015 | Brokerage

Karachi, April 30, 2015 (PPI-OT): Pakistan’s largest vertically integrated electric utility continues on a growth trajectory, despite. Growth is predominantly underpinned by: 1) persistent reduction in T and D losses (currently at 23.8%, ~2% cut p.a. down from 36% in FY09), 2 substantial governance turnaround, 3) improved fleet efficiency and 4) enhanced transmission infrastructure. With …

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AKD Securities Limited – Fertilizer Review: Mar’15

April 29, 2015 | Brokerage

Karachi, April 29, 2015 (PPI-OT): Official statistics released by the National Fertilizer Development Centre (NFDC) reflect 6%YoY improvement in 3MCY14 fertilizer offtake to 1.92mn tons against 1.82mn tons sold during the same period last year. The said increase in cumulative fertilizer sales came as a result of 10% higher urea sales during the period under …

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AKD Securities Limited – Trigger Shark

April 29, 2015 | Brokerage

Karachi, April 29, 2015 (PPI-OT): Stalling Momentum Short‐Term: The bullish attempt was aborted through a tweezers top formation around 33,970 level yesterday. Inability to clear the aforementioned resistance is likely to invite pres‐sure towards 33,283 level. Need a break above 33,970 level to reset the upwards momentum towards 34,143 and 34,415 levels. Despite a deep …

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AKD Securities Limited – LUCK: 3QFY15 Result Review

April 23, 2015 | Brokerage

Karachi, April 23, 2015 (PPI-OT): Lucky Cement Limited (LUCK) has announced its 3QFY15 results where the company posted net earnings of PkR3.7bn (EPS: PKR11.45) against NPAT of PkR3.0bn (EPS: PkR9.35) in 3QFY14, registering an increase of 22.4%YoY. Subsequently, 9MFY15 bottom-line clocked in at PkR9.3bn (EPS: PkR28.77) vs. PkR8.2bn (EPS: PkR25.31) in 9MFY14, up by 14%YoY. …

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AKD Securities Limited – EFOODS: Improved volumes unleash top gear growth

April 23, 2015 | Brokerage

Karachi, April 23, 2015 (PPI-OT): Earmarking the highest ever quarterly profits in 1QCY15 (NPAT: PkR1.1bn, EPS: PkR1.39), Engro Foods (EFOODS) is well on the road to make a new mark. While the sequential jump in profitability is attributable to a host of peripheral factors (seasonal weakness in raw milk prices along with internationally lower powder …

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AKD Securities Limited – EFOODS: Income Statement

April 20, 2015 | Brokerage

Karachi, April 20, 2015 (PPI-OT): On a consolidated basis, EFOODS posted NPAT of PkR1,064mn (EPS: PkR1.39) in 1QCY15 against NPAT of PkR190mn (EPS: PkR0.25) in 1QCY14; up 4.8x YoY. On a sequential basis, the company was able to carry forward the positive earnings momentum, as it grow by a stellar 76%QoQ, versus NPAT of PkR606mn …

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