reports
Unity Foods Ltd: 1 director
A director at Unity Foods Ltd bought 42,830,526 shares at 24.200PKR and the significance rating of the trade was 86/100. 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...
- Team AKD Research
Pakistan Budget_Budget'23 Enough to placate the IMF?, (AKD Daily, Jun ...
AKD Daily Pakistan Budget: Budget’23 Enough to placate the IMF? Budget’23 – Be ready for mini budgets: Ambitious in targets but lacking in substance – that’s the way to define Budget’23. In its current shape, stipulated macro targets are unlikely to be achieved. While GDP growth (5%) and fiscal deficit (4.9%) will likely miss marks, it is tax collection at PkR7.0tn that is concerning, particularly in the context of IMF where induced economic slowdown with emphasis on import slowdown may lea...
- Team AKD Research
Removal of 2% Additional Custom Duty on Palm Oil import under consider...
AKD, Off the Analyst's Desk Removal of 2% Additional Custom Duty on Palm Oil import under consideration The largest global palm oil exporter, Indonesia, on 28th Apr’22 halted exports of crude palm oil in order to curtail soaring domestic cooking oil prices. The move shook edible oil markets which were already rattled by Russia-Ukraine conflict and soaring global food prices. However, only just days back, Indonesia has allowed companies to start exporting palm oil only if exporting companies fu...
- Team AKD Research
KSE-100_Sharp recovery witnessed, (AKD Technical Daily May 27, 2022)
AKD Daily Technicals KSE-100: Sharp recovery witnessed The index opened on a negative note and remained volatile throughout the last trading session. The local bourse posted an intraday low of 112pts, a high of 595pts and concluded with a gain of 529pts to settle at 42,542pts level. A big white candle occurred. This is generally considered bullish, as Index closed significantly higher than it opened. The local bourse is currently 5.8% below its 200-period moving average. Volatility is hig...
- Team AKD Research
UNITY_The Premier Food Company, (AKD Detailed Report, Nov 22, 2020)
Unity Foods Limited The Premier Food Company! Unity Foods Ltd (UNITY) held its analyst briefing today - amid significant investor participation - to review its FY20/1QFY21 financial performance and ongoing expansion plans. The company posted consolidated earnings of PkR621mn (fully diluted EPS: PkR0.62 based on current 994mn shares; reported EPS: PkR0.98) in 1QFY21, up 6.7xYoY driven primarily through a 2.8xYoY jump in topline. 1Q consol. earnings also accounted for PkR44mn from UNITY’s subsi...
- Shankar Talreja
Unity Foods Limited (UNITY): Initiating Coverage with a BUY rating and...
We initiate our coverage on Unity Foods Limited (UNITY) with a Dec-2021 Target Price of Rs35.2, offering a potential upside of 62.2%. We believe the company’s growth story is yet to be fully priced in, despite the fact that stock has provided exponential returns. Our liking for the stock stems from (1) an aggressive expansion plan, (2) addition of new product lines to transform the company from oil to food oriented company, (3) gradual shift towards high margin retail segment and (4) associat...
- Team AKD Research
Unity Analyst Briefing Notes,(AKD Daily, De 09, 2019)
Unity Foods Limited (UNITY) held its corporate briefing on 6th Dec’19. Previously targeting B2B segment mainly, the company occupies ~2% market share in edible oil industry (B2B sales occupy 89.4% of sales), however after the acquisition of 500tpd crude palm oil refinery, foothold in retail segment is expected to increase. Forward integration of the recently acquired Port Qasim Plant (see side table) has been pun in motion while an oil terminal (CoD: CY21) is also in the pipeline. The refine...
Unity Foods (UNITY): Analyst Briefing Key Takeaways
Topline Securities today conducted analyst briefing of UNITY (previously Taha Spinning) where the company discussed its business model and future outlook with investors/analysts. The company is primarily engaged in importing oil seeds and extracting edible oil and animal feeds, which they mostly sell through B2B channel. The company has: 1) oil seed crush plant (capacity of 450 tons/day); 2) pellet mill (150 tons/day) and 3) edible oil refinery (150 tons/day). Following are key takeaways of to...
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