Tag Archives: AKD Quotidian

AKD Quotidian about — FFBL: 1QCY14 Result Preview

Karachi, April 21, 2014 (PPI-OT): Fauji Fertilizer Bin Qasim is set to announce its 1QCY14 result on Apr 2214. The company is expected to record Net Loss after Tax (NLAT) of PkR197mn, translating into LPS of PkR0.21 as against NPAT

AKD Quotidian about — ICI: 9MFY14 Result Preview

Karachi, April 15, 2014 (PPI-OT): ICI is set to announce its result for 3QFY14 tomorrow. In this regard, AKD Securities expects the company to post sequential growth of 23%QoQ for NPAT of PkR604mn (EPS: PkR6.54) during 3QFY14. While revenues are

AKD Quotidian about — Pakistan’s oil sales in FY14 to be highest ever

Karachi, April 11, 2014 (PPI-OT): Marred by sluggish economic performances (5 yr average GDP growth at 2.9% and engulfed by the menace by the menace of circular debt ,Pakistan ‘s oil sales during the past 5 yrs (FY09-13)failed to live

AKD Quotidian about — Cotton update: April’14

Karachi, April 10, 2014 (PPI-OT): USDA released its monthly cotton report for Apr14 yesterday. In this regard, USDA’S production estimates for MY2OI 3/14 (MY: Marketing Year starting August 1st) came off by a meagre 60k bales while global consumption estimates

AKD Quotidian about — Banks: 1QCY14 Result Previews

Karachi, April 09, 2014 (PPI-OT): The listed banking sector has gained 12.4%CYTD with valuation rerating in the ongoing macro uptick dovetailing with impetus to earnings following the recent shift into PIBs. According to AKD Securities, some of these positives should

AKD Quotidian about — Pakistan Market: Clear winner in the new MSCI FM 100!

Karachi, April 03, 2014 (PPI-OT): Pakistan Market: Clear whiner in the new MSCI FM 100′ As per a MSCI press release, the proposals for the new calculation methodology tor the MSCI FM 100 index have been, approved, including applying a

AKD Quotidian about — ABL: TP Revision

Karachi, April 02, 2014 (PPI-OT): AKD Securities revisits AKD Securities Limited’s earnings case for ABL post CYI3 results and raise AKD Securities Limited’s earnings estimates by 5% on average across the investment horizon. Together with slightly higher payout projections, this

AKD Quotidian about — Fertilizer Numbers: 2MCY14 urea sales up 6.6%

Karachi, March 27, 2014 (PPI-OT): As per the latest numbers released by National Fertilizer Development Centre (NFDC), urea sales for 2MCYI4 have clocked in at 997.6k tons as against 936.1k tons sold in the same period last year, depicting growth

AKD Quotidian about — Feb’ 14 Textile Exports

Karachi, March 25, 2014 (PPI-OT): According to details released by the Pakistan Bureau of Statistics (PBS), textile exports for the month of Feb’14 increased by 3%MoM to US$1.131bn bringing 8MFY14textile exports to US$9.155bn, up 828%YoY. According to AKD Securities, the

AKD Quotidian about — Pakistan Market: The OGDC conundrum

Karachi, March 24, 2014 (PPI-OT): With the PKR appreciating by 7.2% against the US$ from its CYTD bottom, there was an element of concern that currency gains could tempt foreign investors to book profits where Friday’s net sell of US$4.7mn