VRS (VALUATION & RESEARCH SPECIALISTS)

 

 

Founded in 2002, VRS (VALUATION & RESEARCH SPECIALISTS) is an independent Financial Research & Consulting Firm with offices and presence in Luxembourg and Athens, and with senior presence in the broader European and North American markets, providing advanced equity research and valuation reports as well as value-related advisory services to local and international institutions, business entities and individual clients.

VRS is a boutique financial advisor with more than 18 years of experience in Corporate Valuation and Finance, and a diversified client base including some of the largest Companies in Greece.

Since 2002, VRS has completed more than 200 engagements in the areas of business valuation and financial analysis for more than 100 clients in a wide range of industries.

VRS has been honored to work with small and large private and publicly traded companies in Europe and overseas.

VRS provides corporations with services in financial restructuring, valuation of business enterprises, intangible assets and tangible fixed assets, value enhancement and strategic expansion.

VRS also assists companies involved in mergers and acquisitions and tracks the market in order to offer advice on when to make public offerings and private placements.

VRS cooperates with fund managers, asset managers, business owners, international organizations, banks and strategic or institutional investors.

VRS has worked with over 200 companies in Europe and North America in financing, private placements, initial public offerings, business acquisitions and mergers.

Greek Corporate Deals Report & Database 2015 – 2019 | VRS (Valuation & Research Specialists) – www.vrs.gr

Greek Corporate Deals Report & Database 2015 – 2019

Baltic Dry Index Outlook, October 2020

Technical Analysis |  Baltic Dry Index has recovered rather swiftly from its early 2020 steep sell-off.

Technical Note on EUR/USD, October 2020

Technical & Fundamental Review   

USD Index Outlook 2020

Technical Note

Shanghai Composite Equity Index Outlook, September 2020

The Shanghai Composite Index has been trading sideways since early-to mid-July in a multi-week consolidation / digestion after the sharp runup since late June.

COMMENT/RECOMMENDATION ON EUR/USD EXCHANGE RATE, August 24, 2016

​Graph Analysis and Fundamental View

Gold Outlook 2020 (Update)

Gold has been in a multi-week consolidation (perhaps digestion) of the substantial run up in price since it broke above $1780-$1800 in early July.   

Iron Ore & Steel HRC Futures Contracts, Research Note

Fundamental review and technical analysis

Silver Outlook 2020 (Update)

Silver has been on a tear of late fully justifying its fame as “Poor Man’s Gold.”

Gold Outlook (Update)

The upside longer-term targets for gold, based on the patterns developed since the March 2020 lows, point to a rally towards $2300 so long as $1800 is not lost on any corrective pullback.

Copper Outlook, June 2020

The metal is in recovery mode since the washout/spike low of March 2020 (at $1.97) during the COVID-19 crash, which basically tasted the early 2016 low of $1.94.

Technical Note on EUR/USD, October 2020

Technical & Fundamental Review   

USD Index Outlook 2020

Technical Note

Technical Note on EUR/USD, September 2020

Technical & Fundamental Review   

BITCOIN Market Analysis

Cryptocurrency Analysis

Technical Note on EUR/USD, August 2020

Technical & Fundamental Review   

Shanghai Composite Equity Index Outlook, September 2020

The Shanghai Composite Index has been trading sideways since early-to mid-July in a multi-week consolidation / digestion after the sharp runup since late June.

BANCO SANTANDER Flash Note, September 2020

Banco Santander SA is a banking services company which engages in the provision of banking services to individuals, companies and institutions. It operates through the following segments: Europe, North America, South America, and Santander Global Platform.    

CAC-40 Equity Index Outlook 2020

CAC-40 in Paris has been consolidating / digesting since early the first up-wave from the March lows.

FRIGOGLASS Equity Research Report

Full Equity Research Report    

NASDAQ 100 Outlook (Update)

NDX continues its relentless rally off the March 2020 lows towards higher and higher levels.

Global Bond Markets Report, March 2020

Bond markets continue to reflect investors’ worries about the damage the coronavirus is doing to the global economy, but at the same they have taken their own hit as global conditions have substantially deteriorated and the need for liquidity from any source available is now top priority.

Global Bond Markets Report, June 28, 2019

Our analysis deals with the major government bond markets across the globe. Data as of end June 2019.

GREECE Quarterly Macro Note

The Greek economy is expected to shrink by 9.31% over the year; the pandemic has interrupted the restoration of the economy. However, GDP is projected to grow by 4.83% in 2021.

GREECE Country Economic Report, July 2020

Macro Analysis, Database and Forecasts

Quarterly Macro Note - Greek Economy, March 2020

Currently, the projections of many supranational institutions regarding growth in 2020 may be inflated, as they have not yet been updated to account for the global Coronavirus pandemic that could negatively affect the tourism industry, the largest sector of the Greek economy, and subsequently GDP growth, and the drop in global oil prices that could decrease the value of imports as oil products represented 19% of total imports in 2019. GDP growth in 2019 stood at 1.9%, the same rate as in 2018, outperforming the 2019 EU28 average of 1.5%. Overall, the economic outlook improved, although it is ...

Quarterly Macro Note - Greek Economy, December 2019

GDP growth for 2019 is expected to reach 2% in a period that Greek economy performs very well within the uncertain external environment. The expected GDP of EUR 195 billion is still 22% lower than it was before the beginning of the crisis at 2007’s peak. The adverse demographical situation, low productivity, and the weak banking sector hinder the country’s further growth prospects and constitute a challenge for the new government’s reform agenda.

Quarterly Macro Note, July 2019

Greece’s recovery continues in 2019 with an expected GDP annual growth rate of 2.17% after a 1.9% annual GDP growth rate in 2018.

EUROZONE Economic Outlook - Q3 2020, September 2020

Despite the recent rebound in economic activity, the outlook in Euro Area remains extremely uncertain and is subject to exceptional risks given the spread of new infections in many European countries. Sluggish global demand and the recent appreciation of the single currency exchange rate could hamper exports and inflation outlook. In addition, lower energy prices, cautious household consumption and higher unemployment rates are expected to drag inflation rates even lower.

Global Markets Quarterly Update, June 1st 2020

The early 2020 Coronavirus/COVID market collapse will be remembered for many decades to come as the decline that not only caught by surprise many analysts and investors but also as the event that humbled even the famous ones. Many market mavens and gurus were easily beaten by the market as we all contemplated from front row sits the show of a life time.

Global Markets Update | Equities, Bonds, Currencies & Commodities, February 2020

The last quarter of 2019 was perhaps one for the market history books. And that was not only because of the amazing performance of many markets (equities especially) but also of the way once again the US Fed and other Central Banks “intercepted” with the previously developing reality.

Greek Corporate Deals Report & Database 2015 – 2019 | VRS (Valuation & Research Specialists) – www.vrs.gr

Greek Corporate Deals Report & Database 2015 – 2019

Baltic Dry Index Outlook, October 2020

Technical Analysis |  Baltic Dry Index has recovered rather swiftly from its early 2020 steep sell-off.

Global Markets Quarterly Update, September 2020

Global Markets Update on Equities, Bonds, Currencies, Commodities

Teaser on Greek Corporate Deals 2019

Corporate deals in the Greek market in year 2019 and historically.

Greek Stock Betas Report, August 2019

Beta and Levered Beta of Stocks and Sector Beta

Greek Property Market Note, June 2020

The pandemic is expected to have a negative impact on the Greek Real Estate, but whether this impact will shrink or slow down the growth of the market remains to be seen. There is still a lot of uncertainty around the magnitude of the Covid-19 impact in this sector of the economy. A moderate optimism can be derived though from the results of the first quarter of 2020 in most of the submarkets and from the fact that Greece avoided the healthcare crisis of other countries.

Global Shipping Market Update by VRS, April 2020

Global Shipping Market Update: Short-term outlook may have improved but volatility looms.   

ResearchPool Subscriptions

Get the most out of your insights

Get in touch