AKD Daily Pakistan OMCs: OMC volumes rose by 28%YoY for May’22 Total OMC volumes clocked in at 2.17mn tons for May’22, up 28%YoY while on a MoM basis, sales saw a slight fall of 2%. The majority of YoY increase was once again led by FO, up 174%, on the back of high power generation Overall, OMC volumes rose by 18% in 11MFY22, where FO saw a marked increased during the period, up 35%YoY, while MS/HSD posted increase of 11/18% respectively. Company wise, PSO was again the stand out perform...
AKD Daily Pakistan OMCs: Retail fuels continue to remain strong Increase in volumes directly lifted throughput levels, with 4QCY21 retail volumes at 4.5mn tons, up 6%YoY largely due to a 8%YoY increase in HSD while on sequential basis, retail fuel volumes remained flat. Company-wise, HASCOL/SHEL/APLPSOdeliveredthroughputlevelsof151k/742k/642k/725k ltrs/outlet for the quarter, moving -71%/+15%/+25%/+14%YoY and +23%/+5%/+9%/-2%QoQ taking total average industry throughput +6%YoY/-0.5%QoQ to 7...
AKD Daily Pakistan OMCs: APL continues to gain market share OMC sales clocked in at 1.5mn tons for Dec’21, down 6%YoY while on MoM basis, sales witnessed a decline of 14%. The YoY decrease was led by FO sales as power production on FO has declined while MS posted an increase of 4%YoY and HSD remained flat for the month on YoY basis. Overall, OMC volumes have increased by 14%YoY for 1HFY22 where FO took the lead with an increase of 17%YoY while MS/HSD posted increase of 10/17%YoY. APL t...
AKD Daily Pakistan OMCs: OMC volumes increase by 2%YoY for Nov’21! OMC sales clocked in at 1.8mn tons for Nov’21, up 2%YoY while on MoM basis, sales witnessed a decline of 12%. The YoY increase was led by FO sales as power production on FO has increased while HSD posted a meagre increase of 1%YoY and MS remained flat for the month on YoY basis. Overall, OMC volumes have increased by 18%YoY for 5MFY22 where FO took the lead with an increase of 28%YoY while MS/HSD posted increase of 11/20%Yo...
AKD Daily Pakistan OMCs: Sales for Sep’21 increased by 29%YoY, OMC sales for Sep’21 clocked in at 2.0mn tons, up 29%YoY majorly due to low base as COVID-19 related restrictions kept the base low in Sep’20 however on MoM basis, sales remained flat. The YoY increase was led by HSD increasing by 51%YoY while MS witnessed an increase of 25%YoY. Overall, for 1QFY22, OMC sales have increased by 24%YoY where FO led the pack with an increase of 38%YoY while MS/HSD posted an increase of 14/27%YoY. ...
StockSmart Weekly Review Regaining momentum, KSE-100 index closed the week at 47,490pts, +0.9%WoW vs. –ve 1.54%WoW previously. Sentiments improved as a result of, positive news flows on Foreign Policy front where, i) high-ranking officials in the US Govt. acknowledged the important role Pakistan has to play in ensuring stability in Afghanistan, and ii) Saudi Arabia inviting PM Imran Khan to Middle East Climate Summit to be held in Oct’21,...
AKD Daily Pakistan OMCs: Throughput showing robustness Increase in volumes directly lifted throughput levels, with 2QCY21 retail volumes at 4.53mn tons, up 19%YoY largely due to a 22%YoY increase in MS while sequential increase in retail fuels’ volume stood at 25%. Company-wise, HASCOL/SHEL/APL/PSO delivered throughput levels of 327k/693k/ 530k/712k ltrs/outlet, moving -44%/+43%/+2%/+17%YoY and -18%/+13%/+11%/+29%QoQ taking total average industry throughput +14%YoY/+21%QoQ to 698k ltrs/outl...
StockSmart Weekly Review After an exuberant week, KSE 100 started the week with same enthusiasm, however, the index failed to sustain that level when investors started to book their gains in later sessions. KSE-100 closed the week at 48,212pts, up 2.3%WoW whereas the average weekly volume in KSE 100 decreased by 9.4% WoW to 1.12bn. The overall investor sentiment remained positive on account of improving macroeconomic indicators where cont...
AKD Daily Pakistan OMCs_ May’21 sales increase by 14%YoY, OMC volumes continued on a growth trajectory with an increase of 14%YoY for May’21 on the back of strong economic rebound post COVID-19 related slowdown and stand at 1.7mn tons while sequentially, volumes grew by 1%. Overall, OMC sales continued on a strong footing, up 19%YoY for 11MFY21 (up 15%YoY excluding FO) where seasonal uptick in FO demand for power generation over the period drove growth of 46%YoY while MS/HSD followed with ...
StockSmart Weekly Review The KSE-100 began on a strong note as COVID-19 cases witnessed a sharp dip in Eid holidays, leading to a gain of 622pts in the market. However, political hiccup in the form of Jehangir Tareen formalizing the split in the ruling political party in the following days kept the market range bound, with KSE-100 still closing the week at 45,915pts, up 1.64%WoW. The average turnover were also up by a sharp 152% to 609.4m...
AKD Daily Pakistan OMCs: HSD keeps throughput upbeat Increase in volumes directly lifted throughput levels, with 1QCY21 retail volumes at 3.05mn tons, up 20%YoY largely due to a 28%YoY increase in HSD while sequential decline in retail fuels’ volume stood at 15%. Company-wise, HASCOL/SHEL/APL/PSO delivered throughput levels of 308k /613k / 477k/554k ltrs/outlet, moving –46%/+25%/-9%/+38%YoY and -41%/-5%/-7%/-13%QoQ taking total average industry throughput +17%YoY/-13%QoQ to 577k ltrs/outlet...
AKD Daily Pakistan OMCs: Low base amplifying growth OMC volumes continued on a growth trajectory with a massive increase of 45%YoY mainly on the back of low base due to stringent COVID-19 related restrictions in Mar’20 and stand at 1.5mn tons for Mar'21 while sequentially, volumes grew by 6%. Overall, local OMC sales continued on a strong footing, up 16%YoY for 9MFY21 (up 12%YoY excluding FO) where seasonal uptick in FO demand for power generation over the period drove growth of 44%YoY whi...
OMC volumes continued on a growth trajectory with a massive increase of 47% YoY, standing at 1.4mn tons for Feb'21 however sequential decline of 8% was witnessed mainly due to lower working days for Feb. Overall, local OMC sales continued on a strong footing, up 13%YoY for 8MFY21 (up 10% excluding FO) where seasonal uptick in FO demand for power generation over the period drove growth of 36%YoY while MS/HSD followed with growth of 8/16% YoY. Market shares remain fluid with PSO/APL/HASCOL/S...
StockSmart Weekly Review KSE-100 closed the week at 46,906pts, +1.12%WoW amid volatile sessions, with heavyweight E&P sector supporting the index while profit taking was witnessed in select scrips. E&P sector turned out to be the top performer during the week (+7.0%WoW) assisted by strengthening oil prices (Brent +6.8%WoW) and removal of dividend distribution cap on MARI. As such, KSE-100 attracted higher activity with KSE-100/KSE-All vol...
A director at Hascol Petroleum Ltd sold 853,000 shares at 15.120PKR and the significance rating of the trade was 55/100. 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 c...
AKD Daily Pakistan OMCs: Looking more and more like a sustained rebound OMC volumes witnessed an increase of 21%YoY for Nov'20 led by retail fuels where HSD outshone with growth of 29%YoY while MS grew by 20%YoY. FO sales remained upbeat, increasing 18%YoY however reduction in power demand as winter commences has resulted in sequential dive of 41%MoM. Overall, local OMC sales continued on a strong footing, up 11%YoY for 5MFY21 (up 8% excluding FO) where seasonal uptick in FO demand for powe...
AKD Daily Pakistan OMCs: FO volumes refuse to stay down · OMC volumes witnessed an increase of 6%YoY for Oct'20 where sporadic FO sales took the lead (up 46%YoY) on the back of increased FO-based power generation (captive and grid), while retail staples, MS/HSD witnessed a meagre increase of 1/3%YoY translating into ex-FO sales remaining flat. · Overall, local OMC sales have started FY21 on a strong footing, up 9%YoY for 4MFY21 (up 4% excluding FO) where FO again leads the pack with growth of 33...
StockSmart Weekly Review Battling significant headline risk from the FATF plenary meeting vote for Pakistan’s status as a “jurisdiction with strategic deficiencies”, i.e. on the Greylist, the benchmark index rallied 2.7%WoW with major earnings beats across Banks, Cements, Fertz providing fuel to the rally which saw the KSE-100 index closed 41,266pts. Volumes spiked 57.3%WoW where major forces driving investor sentiment were: 1) long consu...
AKD Daily Pakistan OMCs: Stable Jun’20 brings turbulent FY20 to a close FY20 ended on a high for local OMCs with sales for Jun’20 increasing by 19/9% YoY/MoM with highest ever MS sales of 726k tons recorded during the month (up 28/14% YoY/MoM) while HSD/FO volumes moved by +68/-59% on YoY basis. Overall, FY20 turned out to be another disappointing year with overall volumes declining by 10% YoY where MS turned out to be only respite, remaining flat on YoY basis while HSD/FO depicted a declin...
Hascol Petroleum Limited (HASCOL) reported its 2019 results today, with diluted LPS clocking in at Rs25.9 compared to a diluted LPS of Rs0.2 in 2018 (consolidated). In 4Q2019, the company recorded a diluted LPS of Rs12.0 compared to 3Q2019 diluted LPS of Rs2.7. The result is largely affected by a 33% YoY decline in Net Sales, while the cost of sales decreased by 29% YoY resulting in a Gross Loss of Rs1.6bn. This is likely due to inventory losses incurred by the company, falling on the wrong s...
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