Strategy | PHDC stock will likely re-rate to EGP10/share before end March 2026 ETEL | Tower monetization catalyst positions ETEL for the next leg upORHD (coastal), TMGH (inland), and EFIH (infrastructure) | EGX’s clearest bets on tourism tailwinds
In today's views Strategy | Using replacement cost as a valuation metric flags ABUK, MCQE, BONY and AMIA as outliers ORAS | A rare case of low risk/high returnCement Sector | New licenses signal long-term confidence, but short-term price impact remains limited
In today's views Strategy | ELEC is an illiquid stock but one that you cannot afford to miss at this stage of the cycle and at current valuations BONY | Portfolio skewed towards tier-1 office space to narrow NAV discountJUFO | Bearish on concentrates, bullish on JUFOEKHO | Executing on capital recycling strategy
In today's Pre-Session Views: Strategy | CSAG and CCAP (post issuance of new shares) are our most favored direct exposures to a likely reopening of the Strait of Bab El MandabCement Sector | Gaza ceasefire and new incentives reshape supply-demand outlookF&B | Sector rotation time for F&B players; Overweight
Strategy| A simple methodology to assess whether CCAP is cheap or not QNBE| Solid fundamentals and potential for increased payouts should overshadow the stock's illiquidity discount GBCO| 4Q25 securitization gains ignite GBCO’s growth trajectory
In today's Pre-Session Views:Strategy | Alumina - aluminum spread soars to USD2,400/ton to form a perfect start to EGAL fiscal yearCement Sector | Local sales record strongest rally in over a decade
In today's views Strategy | OPEC+ is seemingly pulling Brent below USD60/bbl and EGP assets are standing out as outright winners SAUD’s MTO on ATLC | Synergy-driven value creation at the doors, with AMIA as a key beneficiary
Strategy | The pricing of listed F&B companies in Egypt reveals POU, feta plays and JUFO should outperform until mid 2026.EFIC | Strategic JV with state miners reinforces long-term growth and sector recoveryISPH | Poised to surpass management guidance; Overweight
In today's views Strategy | ORAS stuck around the AED35/share mark and this price level is far from randomMACRO | Absence of major inflation shocks during September and an unusually high real rate provide ample room for another 1-2% rate cut todayEFID | MCAP rose by EGP6 billion during a single month to EGP28 billion. Even a GCC listing does not justify this valuationBONY | The story behind the numbers: from CFO to FCFE
In today's Pre-Session Views: Strategy | ISPH crosses the EGP11/share mark as investors eye three near-term catalystsFertilizer Sector | P-fertilizers lead, N-fertilizers catch up: Policy shifts and cyclical upside ahead