Report
Research Team

WOOD Daily: GR Macro; JAHEZ AB; 4IG HB; EME Macro/Strategy Weekly; WIZZ LN; HUG PW; TEN PW; ONE RO; WINE RO; CPS PW; WPL PW; Rear-View Mirror

HEADLINES:
• Greece macro: still on a promising growth trajectory
• Jahez: 1H23 earnings miss, announces 20:1 stock split NEGATIVE
• 4iG: key takeaways from the 2Q23 earnings call
• EME Macro/Strategy: macro all-in-one (28 August-3 September)
• Wizz Air: trends in August little changed vs. July NEUTRAL
• Huuuge Games: August bookings estimate up 23% mom, driven by the flagship games POSITIVE
• Ten Square Games: August bookings flat mom, Wings of Heroes up slightly NEUTRAL
• ONE United Properties: calls GM (9 October) to authorise semi-annual DPS & tiny capital increase
• Purcari Wineries: Deputy CEO appointed, could follow Mr. Bostan as CEO in 2025
• Cyfrowy Polsat/Wirtualna Polska: CPS audience share at 22.05%, while WP TV at 0.60% in August 2023 NEUTRAL
• The Rear-View Mirror - EME markets: Turkey back on top, again
• Short News (PCF, RO Macro)
Underlyings
4iG Nyrt

4iG Nyrt. 4iG Nyrt, formerly Freesoft Szoftverfejleszto es Szamitatechnikai Szolgaltato Nyrt is a Hungary-based company engaged in providing software products and consultancy. The Company's activities include development and implementation of specific, custom-made software systems, document management, knowledge management, portal and collaboration applications, complex services for business needs in the areas of implementation, support and consultation, intranet- and Internet-based development, services, graphical and creative design, and consultation, design, development and implementation of mobile business applications, as well as operation, support, outsourcing, application service provision (ASP), application portfolio management (APM), hosting and other services. The Company has three subsidiaries: Axis Consuling 2000 Kft, BankSoft Kft and HUMANsoft Kft.

Cyfrowy Polsat SA

JAHEZ INTERNATIONAL CO

ONE UNITED PROPERTIES SA

Purcari Wineries PCL

Ten Square Games

Ten Square Games SA is a Poland-based mobile games development company. The Company is focused on 3D simulation hobby games for people who seek outdoor experiences on their mobile devices, like fishing or hunting games. Its games are available on social platforms, a network of partner sites, as well as on Google Play, App Store and Microsoft Store.

Wirtualna Polska Holding SA

Wirtualna Polska Holding SA is a Poland-based holding company. The Company owns entities that are engaged in the Internet publishing and broadcasting content, including operating business, technology, sports and entertainment portals, as well as electronic mail (e-mail) and electronic commerce (e-commerce). It also offers a range of advertising products, including display ads. The Company operates through such Internet portals as Wirtualna Polska, o2.pl, Money.pl, WP SportoweFakty, Dobreprogramy.pl, WP Parenting, Domodi and Homebook, among others. The Company operates domestically.

Wizz Air Holdings Plc

Wizz Air Holding is a European airline. As of Mar 31 2017, Co. provided more than 500 routes from 28 bases, connecting 141 destinations across 42 countries. Co. has two reportable segments: the airline and the tour operator business units, marketed under the Wizz Air and Wizz Tours brand names, respectively. Wizz Air sells flight tickets and related services to external customers and, to an extent, to Wizz Tours. Wizz Tours sells travel packages to external customers covering the network of Wizz Air.

Provider
Wood and Company
Wood and Company

WOOD & Company is the leading investment bank in Emerging Europe. Founded in 1991 and head-quartered in Prague, our footprint spans the region and touches investors around the globe.

A pioneer in Emerging Europe, WOOD executed many of the first CEE equity trades and landmark investment banking transactions. Our electronic trading platform was the first in the region, and remains the best. We are continually expanding our relevance and reach in these ever-evolving markets.

Our equity market share reflects our stature: 7% in Warsaw, 20% in Bucharest, 16% in Hungary, 40% in Prague and 5% in Vienna. Our distribution is unparalleled, with the largest salesforce in the region, servicing a uniquely diverse investor base.

We couple local expertise with a truly international perspective. With offices on the ground in the region, and in key financial hubs such as London and Milano, we are never far from our clients and we remain at the forefront of what’s afoot in the CEE emerging and frontier landscape.

Analysts
Research Team

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