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Kuwait Projects Company (Holding) K.S.C.P.: Update following downgrade...

Our credit view of this issuer reflects its weak FFO interest coverage relative to the current rating positioning.

Kuwait Projects Company (Holding) K.S.C.P: 1 director

A director at Kuwait Projects Company (Holding) K.S.C.P sold 2,566,303 shares at 0.113KWD and the significance rating of the trade was 85/100. 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 ove...

Kuwait Projects Company (Holding) K.S.C.P.: Update following affirmati...

Our credit view of this issuer reflects its dominant market position, offset by its investment needs in OSN

Kuwait Projects Company (Holding) K.S.C.P.: KIPCO's board recommends n...

The recommendation by the board of not paying dividends reflects the financial discipline of the company’s new leadership.

Kuwait Projects Company (Holding) K.S.C.P.: Update to discussion of ke...

Our credit view of this issuer reflects its high investment concentration with top three investments comprising around 50% of the investment portfolio value.

Kuwait Projects Company (Holding) K.S.C.P.: Merger with Qurain is cred...

The merger will increase KIPCO's sector diversification, reduce its asset concentration and improve its market value leverage and interest coverage metrics.

Kuwait Projects Company (Holding) K.S.C.P.: Update to discussion of ke...

Our credit view of this issuer reflects its high investment concentration with top three investments comprising around 62% of the investment portfolio value.

Kuwait Projects Company (Holding) K.S.C.P.: Scenario analysis: KIPCO -...

A stake sale through an IPO would reduce market value leverage and increase asset transparency.

Kuwait Projects Company (Holding) K.S.C.P.: Update to discussion of ke...

Our credit view of Kuwait Projects, reflecting its conservative financial policy of maintaining strong cash position, offset by its increasing MVL and negative free cash flows.

Kuwait Projects Company (Holding) K.S.C.P.: Update to discussion of ke...

A detailed rationale for KIPCO's Baa3 negative rating, highlighting the company's elevated leverage and weak interest cover mitigated by a healthy holding level liquidity.

Kuwait Projects Company (Holding) K.S.C.P.: Update to discussion of ke...

A detailed rationale for KIPCO's Baa3 stable rating, highlighting the company's healthy holding level liquidity which mitigates against the moderate leverage and weak interest cover.

Kuwait Projects Company (Holding) K.S.C.P.: OSN disposal scenario woul...

OSN disposal scenario would reduce sector and asset diversity but will lower market based leverage and improve financial flexibility.

GlobalData Department
  • GlobalData Department

Kuwait Projects Company Holding KSC (KPROJ) - Financial and Strategic ...

Kuwait Projects Company Holding KSC (KPROJ) - Financial and Strategic SWOT Analysis Review provides you an in-depth strategic SWOT analysis of the company’s businesses and operations. The profile has been compiled by GlobalData to bring to you a clear and an unbiased view of the company’s key strengths and weaknesses and the potential opportunities and threats. The profile helps you formulate strategies that augment your business by enabling you to understand your partners, customers and com...

Kuwait Projects Company (Holding) K.S.C.P.: Update to discussion of ke...

A detailed rationale for KIPCO's Baa3 stable rating, highlighting the company's healthy holding level liquidity and relatively stable investment portfolio market values.

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...

Aymen SOUFI
  • Aymen SOUFI

Higher top line vs lower bottom line.

CGC recorded a 9% growth yoy in its Q3- 2016 revenue to KWD60m (vs. KWD55m Q3-2015). On a qoq terms, revenues also went up by around 7%. The company has also improved its Q3-2016 gross margin Compared to Q2 (5.22% vs. 4.83% in Q2) but it is still far from what is recorded in Q3 2015 (8.03%). The 9M 2016 gross margin also improved to 4.39% (vs. 3.98% in H1 2016) but it is also still far from last years’ 6.9% gross margin. The company also improved its EBITDA margin on a quarterly basis to 6.23...

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