Tellimer provides an integrated suite of services focused on the world's developing markets. It offers world class investment research and local insights; end-to-end content distribution and analytics; market execution and corporate access; brokerage services across Fixed Income and Equities; and expert advisory services.
Tellimer is headquartered in London, UK, with additional offices in Dubai, Lagos, Nairobi, New York and Singapore. It is a division of Exotix Partners LLP.
SALE OF LAND PLOT BOOSTS MADINET NASR FOR HOUSING AND DEVELOPMENT IN 1Q20 * Sales in 1Q20 reached EGP2.5 billion, up 47.1% y/y and down 9.6% q/q. The sale of the 0.1 million sqm residential land plot in Taj City that the company had announced on March 5, 2020, contributed the most to 1Q20 sales with EGP1.1 billion. * The land plot sale also resulted in the jump in 1Q20 revenue to EGP914.9 million, up 44.3% y/y and up 20.1% q/q. * Gross profit in 1Q20 grew 23.3% y/y and 2.5% q/q to EGP582.5...
No more general holiday from 31 May On May 31, 2020, Bangladesh will mark the end of 66-day long ‘General Holiday’ (38 days lockdowns, 20 weekends, and 8 public holidays) as the economic activities resume on a ‘limited scale’. For the next 15 days, all private and public offices and factories are allowed to remain open, complying to the health rules, from 6am to 4pm. However, people are requested to stay home from 8pm to 6am without emergency needs. The stock market was also closed for the sa...
Business Segments and Market positioning Packages Ltd (PKGS) began tissue production in the 1980s and has the largest flexible packaging plant in Pakistan, with large operations in South Africa and Sri Lanka as well. Packages generates c.75% of its sales from the flexible packaging business and 24% from consumer products. About 79% of the overall sales come from multinational consumer companies in Pakistan (Nestlé, PepsiCo, Unilever, P&G etc) and the rest from locals (National, Dalda etc.) In...
Recent central bank rate cuts in Egypt and Sri Lanka follow similar moves in the US, India, Philippines, Mexico, Thailand and Peru. In this report we analyse the likely impact on bank margins in the 21 markets we cover and overlay this with our bottom-up views to find where the opportunities and risks lie. We remain positive on Nigeria and Ghana banks, and cautious on GCC names. For Egypt banks, falling margins could temper their positive volume growth story.
The prospects for mobile money in Ghana are exciting. A recent World Bank report highlighted Ghana as the fastest growing mobile money market in Africa, with an 85% compound annual increase in the value of Ghana’s mobile money transactions in 2015-18. In this report, we explore the structure of Ghana’s mobile money space and identify the companies that are adapting and thriving.
Most Vietnam banks report results under local accounting standards (VAS), which may present net profit and shareholders’ equity at a materially higher level than under IFRS accounting standards. For VP Bank, which reports under both, the difference in both these metrics has averaged 10% over the past five years. Investors may wish to consider adjusting PE and PB multiples when comparing Vietnam banks to international peers.
Unfortunately, this report is not available for the investor type or country you selected.Browse all ResearchPool reports
Report is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.