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Ford Equity International Rating and Forecast Report

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...

Mohamed Zein
  • Mohamed Zein

An attractive yield play despite turbulences; maintain rating on 8%-lo...

Possible reasons why 2014 was a bad year. AIIC’s revenue, EBITDA, and net profit dropped by 4%, 23%, and 17% y-o-y in 9M14. Average prices of carpets and other floor coverings in Saudi Arabia were largely stable y-o-y over the same period (+1.7%), according to data from Saudi’s statistics bureau, implying that the decline in local sales—55% of 2013’s total sales—was broadly volume-based, a trend that management does not deny. Due to the lack of market information, it is unclear to us whether the...

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