A director at Indeks Bilgisayar Sistemleri Muhendislik Sanayi Ve Ticaret A.S sold 425,000 shares at 20.400TRY and the significance rating of the trade was 50/100. Is that information sufficient for you to make an investment decision? This report gives details of those trades and adds context and analysis to them such that you can judge whether these trading decisions are ones worth following. Included in the report is a detailed share price chart which plots discretionary trades by all the com...
CATL’s 2Q22 net profit came in above estimates at Rmb6,675m (+164% yoy/+347% qoq) due to strong revenue growth (+158% yoy/+32% qoq), despite the Shanghai lockdown in April. Gross margin was elevated by battery price hikes. Going forward, CATL’s profit will be driven by stronger growth in motive battery sales and resilient margins amid falling battery material prices. We raise 2022-24 EPS by 46%/17%/20% respectively. Maintain BUY. Raise target price to HK$790.00.
COMPAÑÍAS QUE APARECEN EN EL INFORME: ESPAÑA: ACCIONA, SACYR, SECTOR BANCARIO, SIEMENS GAMESA. EUROPA: ASML, DANONE, L’ORÉAL. Incluido en el informe diario de hoy, y durante toda la campaña de resultados, incorporamos al final una presentación con los resultados destacados en positivo y negativo y previews de Rdos. 1T’22 que se publicarán en España y Europa en los próximos días. El Treasury sigue tomando altura Las bolsas europeas terminaron con caídas después de las ampliaciones de las curva...
Main takeaways from meeting with INDES • We made a conference call with Indeks Bilgisayar to discuss existing operations and near to long term outlook of the Company. • A brief info… Indeks Bilgisayar imports and distributes personal computers, servers, computer hardware, computer software, and networking products through dealers in Turkey. The Company has 7 subsidiaries, each operating in different technology products fields. Nevres Erol Bilecik 32.3%, Desbil Teknolojik Urunleri Tic. A.S has...
Full Article at IIR has reaffirmed its Recommended rating for PIA after undertaking a review post the appointment of a new Portfolio Manager, Harding Loevner. The full report can be found on the IIR website. On 26 July 2021, Pengana International Equities Limited (PIA) announced a fully franked dividend of 1.35 cents per share for the June quarter. This represents an 8% increase on the March quarter dividend and takes the total dividends declared for FY21 of 5.1 cents per share, fully franked....
Oncimmune has entered a commercial partnership with US West Coast biotech, Augmenta Bioworks, to profile patient plasma samples and characterise antibody therapeutic candidates discovered via Augmenta’s proprietary discovery platforms. There is an option to extend the agreement, expanding the number of samples to be screened, after successful completion of the pilot stage. The expanded phase will utilise Oncimmune’s Infectious Disease NavigAID™ panel being developed under its UK Government funde...
We are adding Coca-Cola Icecek to our Top Picks list: Coca-Cola Icecek’s efforts to mitigate the effects of Covid-19 on revenues, profitability and FCF were outstanding in 2q20. We expect CCI to deliver another impressive quarter in 3q20 and we also expect business activity to improve sequentially, as evidenced by the sustained recovery in credit card spending in Turkey since 2q20. International operations should also become more resilient, thanks to the lower share of the on-premise channel and...
This analysis by GLOBAL Securities is presented to you by Raiffeisen Centrobank AG. Raiffeisen Centrobank AG acts solely as a distributor of this analysis and has not introduced any material changes to the content of this analysis or any recommendation included herein. Turkey - INDES Earnings Review, 10th March INDES posted TL39mn net income in 4Q19, above our estimate of TL33mn. Better than expected net income was mainly attributable to slightly higher than expected revenues and EBITDA margi...
Indeks Bilgisayar reported a net income of TL17.2mn in 3Q19 (2Q19: TL17.9mn, 3Q18: TL16.3mn), in line (BGC: 16.4mn)... In 3Q19, it was a slightly weaker quarter than 2Q19 as expected, due mainly to on-going difficulties on Datagate front (despite the new region) and weaker seasonality.
Negative impact of SCT increase on smartphone purchases on 1st of May (from 25% to 40-50%), postponed elections, currency volatility and related price increases have affected the performance of fully consolidated subsidiary Datagate negatively. However, the business was relatively stable on the PC, server, storage and other IT products front.
Indeks Bilgisayar reported a net income of TL18.2mn in 1Q19 (4Q18: TL74.7mn, 1Q18: TL16.6mn), better (BGC: TL12.5mn)... As expected, Indeks’ top line has been negatively affected by Datagate’s performance on a y/y basis; however, the company had stable margins despite challenges
Datagate's revenue loss due to TT's imposition of stricter rules for contracted phone sales has had a negative impact on Indeks' 1Q results. The company will pay a cash dividend of TRY63m (9.9% yield) starting 29 May. We cut our DCF-based TP by 16% to TRY15.83. With 46% upside to our TP, we maintain our BUY rating.
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