Tag Archives: Arif Habib Limited

Karachi, January 22, 2014 (PPI-OT): ACPL and POL ACPL: 2QFY14 earnings to clock in at PKR 4.31/share, 17% up QoQ We preview 1HFY14 financial result for Attock Cement Pakistan Limited (ACPL) scheduled to be announced today. According to Arif Habib Limited, they expect the company to post a healthy 17% QoQ growth in 2QFY14 to ...

Karachi, January 21, 2014 (PPI-OT): LDI update: Minutes inflow to register 11% MoM growth in Jan’14 Zong receives 2% of PTC in LDI revenue market share To recall, Zong (China Mobile, Pakistan) has been granted a Long Distance Int’l (LDI) license and its market share in the ICH consortium would be 2% (mainly from PTC’s ...

Karachi, January 20, 2014 (PPI-OT): Policy Rate unchanged though warrants a cautionary outlook! The State Bank of Pakistan (SBP) in its CY14-start review of monetary policy on Friday kept the policy rate unchanged at 10% and the repo rate at 7.5%, respectively. According to Arif Habib Limited, this was in line with Arif Habib Limited’s ...

Karachi, January 16, 2014 (PPI-OT): Strong fundamentals, not yet priced-in With result season excitement gaining pace particularly for the banking sector, Arif Habib Limited’s best call stands out for Bank Al-Falah (BAFL). According to Arif Habib Limited, the Bank is currently trading at forward CY14E P/BV of 0.9x, and a PER of 6.2x. Based on ...

Karachi, January 13, 2014 (PPI-OT): In a recently held meeting with the Ministry of Finance, Fertilizer manufacturers agreed to reduce urea prices by PKR 114/bag. According to Arif Habib Limited, to recall, hike of PKR 160/bag to PKR 180/bag in the urea prices was due to increase in GIDC by PKR 103/mmbtu for feed stock ...

Karachi, January 10, 2014 (PPI-OT): FFBL, EFERT expected to record impressive earnings in CY13 As per latest fertilizer off take available with us, urea sales improved 19% MoM in Dec’13 to 653k tons, taking cumulative off take for CY13 to 5,874k ton, a jump of 12% YoY. According to Arif Habib Limited, this growth is ...

Karachi,January 09, 2014 (PPI-OT): Nishat Mills Limited Personal Goods According to Arif Habib Limited, dvidend Income support to increase earnings by 50% QoQ Arif Habib Limited reiterate Arif Habib Limited’s ‘BUY’ stance on NML with Jun’14 TP of PKR 158.6/share (PEx 5.69 and PBx 0.80 on FY14E estimates). According to The scrip has already rallied ...