A director at Masraf Al-Rayan bought 300,000 shares at 0.000QAR and the significance rating of the trade was 66/100. 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 company's directors over the last two years clear...
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....
Hot on the heels of the proposed NCB-Samba mega-merger in Saudi Arabia, a more modest transaction is also on the table in Qatar. Masraf Al Rayan (‘MARK’) and Al Khaliji Commercial Bank (‘KCBK’) have entered into merger negotiations, subject to due diligence and regulatory and shareholder approval. Such a combination would have total assets of QAR164bn (USD45bn), shareholders’ equity of QAR19bn (US$5.2bn) and a domestic market share of around 10% with key strengths in banking the public...
Opportunity in EM countries Our cautious outlook and expectation for continued downward pressure on global equities remains intact. Broad global indexes (MSCI ACWI, ACWI ex-U.S., EAFE, and EM) are all trading within patterns of lower highs and lower lows, leading us to believe the most likely scenario is that this near-term bounce is likely nothing more than a countertrend rally before longer-term downtrends reassert themselves. • Opportunity in EM. Both a top-down and bottoms-up analysis po...
Ford Equity International Research Reports cover 60 countries with over 30,000 stocks traded on international exchanges. A proprietary quantitative system compares each company to its peers on proven measures of business value, growth characteristics, and investor behavior. Ford's three recommendation ratings buy, hold and sell, represent each stock’s return potential relative to its own country market.. The rating reports which are generated each week, include the fundamental details behind...
Earnings beat our expectations on higher fee income (driven by better volumes) and lower credit costs, though are flat y/y Funding costs continue to increase , further exacerbated by its concentrated funding mixMARK continues to exhibit very good asset quality metrics, with bottom line benefitting from continued credit recoveries
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