Tag Archives: AKD Securities Limited

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 ...

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 ...

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 ...

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 ...

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 ...

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) ...

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 ...