Report
Gellert Gaal

Fondul Proprietatea - Market Turbulence Took Its Toll On Figures

  • There was no significant surprise in these reports as we received the March NAVPS report in the beginning of April (RON per share 1.4515) while for NAVPS for April (RON per share 1.456 excluding dividend) remained essentially flat. Profit plunged to RON -1,955 million due to large revaluation on listed and unlisted asset.
Underlying
S.C. Fondul Proprietatea S.A.

Provider
Concorde Securities
Concorde Securities

Concorde Securities Ltd. is Hungary’s leading independent company engaged in investment banking activities. It provides its clients with integrated financial services, including securities trading, research, corporate financing advisory, capital market transactions, wealth management and investment advisory. The operational management of the company is the responsibility of the CEO, while the owners/managers (who control one-third of the company through their shares and options) are in charge of its strategic governance. Concorde Securities Ltd. is a member of the Budapest, Frankfurt, Warsaw and Bucharest stock exchanges, as well as of the Hungarian Association of Investment Service Providers.

Analysts
Gellert Gaal

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