WOOD Daily: NLBR SV; AEGN GA; LKOD LI; MOH GA; GTC PW; FOYRK GA; HHR US; MGNT LI; RO Macro; TEN PW; EME Strategy; EME Macro/Strategy – UZ; OPAP GA; EXAE GA; ETE GA
HEADLINES:• NLB Group: don't lose faith (stays BUY)
• Aegean Airlines: 3Q20 - cash burn under EUR 20m/month; liquidity should last until spring 2022E
• Lukoil: 3Q20 - stronger profitability, but higher capex POSITIVE
• Motor Oil Hellas: 3Q20 - good results from a bad quarter
• GTC: 3Q20 - slightly ahead of our estimates, NAV stable, successful office sale in Budapest POSITIVE
• Fourlis: 3Q20 - soft numbers, in line with expectations
• HeadHunter: to acquire Zarplata.ru for RUB 3.5bn POSITIVE
• Magnit: CEO buys 34k shares POSITIVE
• Romania macro: pensions increase to be debated today by the Constitutional Court
• Ten Square Games: key takeaways from the 3Q20 earnings call NEUTRAL
• EME Strategy: Asseco Poland joins WIG20 index and Kety to be added to WIG30 as of 26 November close NEUTRAL
• EME Macro/Strategy: Uzbekistan - business cycle and policy outlook 2020
• OPAP: 3Q20E preview (due out today, after the close)
• Athens Exchange Group: 3Q20E preview (due on 30 November)
• National Bank: 3Q20E results (due on 30 November)
Aegean Airlines is an airline carrier based in Greece. Co. is engaged in aviation transportation, providing services that concern the transportation of passengers and commodities in the sector of public aviation transportation inside and outside Greece, conducting scheduled and unscheduled flights. Co. provides full service, premium quality short and medium haul services. Co. maintains a network of 145 destinations, 111 international in 45 countries and 34 domestic destinations. Co. is a member of global airline network, the Star Alliance network.
Autohellas is a Hertz national franchisee. Co. is engaged in the rent-a-car segment, comprising of renting (short-term lease) and fleet management (long-term lease and fleet management) in Greece, Bulgaria, Cyprus, Romania, Serbia and Montenegro. Renting covers the needs of both individuals and companies for occasional, small duration rentals up to 1 year long.
Co. is engaged in the manufacture, import and distribution of electrical household appliances and the manufacture of FOURLIS kitchen hoods. In addition, through a subsidiary, Co. is engaged in the operation of a retail chain.
Globe Trade Centre is the parent company of the capital group, Globe Trade Centre (the Group). The Group is engaged in the development and rental of office and retail space and the development and sale of residential units. The Group is a real estate company in Central and Eastern Europe and South-eastern Europe, operating in Poland, Romania, Hungary, Croatia, Serbia, Bulgaria, and Slovakia. Additionally, it co-owns land in Ukraine and Russia and operates in the Czech Republic. The Group's portfolio comprises: completed office buildings and office parks as well as retail and entertainment centres; residential projects; and undeveloped plots of land and suspended projects.
OPAP is engaged in the operating and management of numerical lottery and sports betting games as well as lottery games. Co. holds concession to operate and manage new sports betting games in Greece as well as a right of first refusal to operate and manage any new lottery games permitted by the Hellenic Republic. Co. operates six numerical lottery games, including Joker, Lotto, Proto, Extra 5, Super 3, and Kino; and three sports betting games consisting of Stihima, Propo, and Propo-goal. Co. is also engaged in designing new lottery games, including Bingo and Super 4. Co. distributes its games through an extensive on-line network of agents.
The Hellenic Exchanges is engaged in the following business sectors: trading, clearing, settlement, data feed, IT, exchange services, depository services, clearinghouse services, and other.
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.
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.
Unfortunately, this report is not available for the investor type or country you selected.
Browse all ResearchPool reportsReport is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.