Acumen files lawsuit over Egypt Gas’ inaccurate fair value study
Egypt-based investment bank Acumen Holding has filed a lawsuit on Saturday in a Cairo economic court against the…
Browsing Tag
fair value
Egypt’s Arabian Cement Announces IPO Plan
Arabian Cement company has announced on Sunday its IPO plan for the Egyptian stock market (EGX). The EGX, added in…
Beltone Maintains SODIC FV of EGP 28.53 Per Share
Beltone Financial Research maintained, in a recent study, Six of October Development & Investment (SODIC)…
BIG Trade Shareholders to Discuss American Automotive Takeover Today
BIG Trade and Investment (BIGP) called upon shareholders to attend an ordinary general meeting, scheduled for…
OCI Shareholders Due to Review FV Study for Subsidiaries Today
Orascom Construction Industries (OCI) will be holding today an ordinary general meeting to look into endorsing a…
EFG-Hermes Raises Lecico Egypt FV to EGP 10/share, Upgrade to Buy Rating
EFG-Hermes upgraded, in a recent study, Lecico Egypt (LCSW.CA) rating to Buy from Neutral and raise Fair Value (FV)…
EFG-Hermes adjusts CIB FV to EGP35.6/share to incorporate the 1:2 stock dividend
EFG-Hermes adjusted Commercial International Bank’s (COMI.CA) previous FV of EGP 53.4/share downwards to…
OCI Hires Advisor to Re-Evaluate Two Subsidiaries
The board of Orascom Construction Industries (OCI) decided on Sunday to appoint National Company for Financial…
Hermes Ups Juhayna FV to EGP12.30/Share, Reiterates Neutral
In a report issued today on Egypt-listed dairy and juice producer Juhayna Food Industries Co., EFG-Hermes upgraded…
Hermes reiterates Credit Agricole Egypt Buy rating, FV at EGP14.8/share
EFG-Hermes reiterated, in a recent study, Credit Agricole Egypt (CIEB.CA) Buy rating, with FV of EGP 14.8/share (up…
Beltone Maintains ‘Buy’ Rating for Ezz Dekheila’s Stock
Beltone Financial set, in a recent study, El Ezz Dekheila Steel (EZDK) (IRAX.CA) fair value at EGP 724.75/share,…
EFG-Hermes Maintains ElSwedy Electric FV at EGP29/Share, Reiterates Buy Rating
EFG-Hermes maintained, in a recent study, ELSWEDY ELECTRIC - (SWDY.CA) fair value (FV) at LE29/share (36% upside…
Hermes Starts OCV N.V. Fair Value with $ 38/Share, Maintains Neutral
EFG-Hermes stated, in a recent study, that it dropped coverage on Orascom Construciton Indusries (OCI S.A.E.)…
Egypt’s Citadel Capital Shareholders Endorse FY12 Financial Results
During the ordinary general meeting held on Sunday, shareholders of the leading investment company Citadel Capital…
Egypt’s Orascom Telecom Shares Rise On Hopes Of Better Buyout Offer
Egypt's Orascom Telecom (OT) (ORTE) helped lift Cairo's bourse the Egyptian Exchange on Wednesday after the…
NBK Capital Reiterates ‘Buy’ Recommendation For Lecico’s Stock
NBK Capital MENA Research said in a report on Egyptian ceramics maker Lecico Egypt (LCSW.CA) that it has…
Naeem Downs Juhayna’s FV At EGP 6.3, Recommends ‘Hold’
Naeem Holding (NAHO.CA) issued a report on Juhayna Food Industries - (JUFO.CA), reducing the stock’s fair…
Golden Sachs Downgrades Citadel Capital’s Stock To ‘Sell’
Golden Sachs downgraded, in a recent study, Citadel Capital’s stock (CCAP.CA) from ‘Neutral’ to ‘Sell’. Golden…
EFG-Hermes Recommends “Sell” For Madinet Nasr Housing’s Stock
EFG-Hermes issued a report on Madinet Nasr Housing and Development (MNHD.CA), defining the stock’s fair value at…
EFG-Hermes Ups NSBG’s FV At EGP 50 On QNB’s Buyout Deal
EFG-Hermes issued a report on National Societe Generale Bank (NSGB) (NSGB.CA) upping its fair value by 60% to hit…
Hermes Shareholders To Discuss QInvest Partnership, EGP 4/Share Dividend Sept 16th
The board of EFG-Hermes Holding (HRHO.CA) invited shareholders to attend an extraordinary general meeting on…
Naeem Recommends ‘Buy’ On CIB Stock, Hermes ‘Neutral’
Naeem Financial Investments (NFIN), issued a report on Commercial International Bank- Egypt (CIB)…
Hermes Defines GB Auto’s FV At EGP 33.4, Recommends ‘Buy’
EFG-Hermes issued a report on GB Auto (AUTO.CA) upping its fair value by 55% to hit EGP 33.4. Hermes also…
NBK Capital Defines OW Fair Value at EGP 30.2, Recommends ‘Buy’
NBK Capital issued a report on Oriental Weavers (OW) (ORWE.CA), defining the stock’s fair value at EGP 30.20, 50%…
Middle East for Glass Industry endorses its shares’ fair value
The Board of Directors of the Middle East for glass industry agreed on adopting the financial study that was…