In today's views Strategy | TAQA Arabia is a cash-generating utility company that is dressed up as a growth companyTAQA | On track to post a bottom line in excess of EGP1 billion in 2025 but valuation multiples are a bit stretchedETEL 3Q25 | On the verge of a decisive turnaround: 1) 2025 is set to exceed expectations, 2) net debt has fallen below EGP70 billion mark, 3) capex/sales is now below 30%, and 4) Helios Towers has shown in ETEL's towers, maintain BUYFWRY 3Q25 | Profits of EGP839 mill...
In today's viewsStrategy | The most hated EGX30 constituent is due for a 10% reboundISPH | The company should consider the release of bad news if good news is value destructivePOUL | It is not chicken that investors are after. It is the net cash balanceEgyptian Banks | Imminent rerating of banking stocksSUGR | Sugar import ban to ease inventory pressure, limited price impact expected; maintain Underweight positionRMDA | Low base recovery in 3Q, but FY25 target looks challenging; reiterate Und...
In today's Pre-Session Views: Strategy | COMI is not rallying in a vacuum. It tracks GCC peers EFID | 3Q25 results are strong but valuation is slightly stretched versus peersJUFO | Milking the coreEFIH | Management sets upbeat tone and outlines three strategic pillars: private sector penetration, growing government-related verticals, and offshore expansion
In today's views Strategy | GBCO has become the authorized dealer of Li Auto and this may partially offset weakness in Iraq and JordanMACRO | October inflation print is milder than expected and will likely pave the way for a 1-2% December rate cutCSAG | Re-rating underway; scope for further upside versus ALCNEGCH | Resilient margins supported by pricing; operational recovery yet to showORWE | Polypropylene hits 5-year low; multiple tailwinds building for 2026Fertilizers | P-fertilizers spread...
Strategy | Three stocks have tied the knot and they will all look at Tabby and MNT-Halan IPOs for clues. ADIB | Growth first, payouts secondETEL | Global cable investments are doubling and red sea tensions eased. Another catalyst joins three game-changers pushing ETEL to EGP85/share over 12 monthsEFIH 3Q25 expectations | Profits of EGP700 million will lock in targets and push share price to EGP21 over 12 months– catalysts are crystal clearMFPC | Weak quarter expected amid gas cuts, but v...
In today's views Strategy | October 2025 inflation print will likely keep policy rates unchanged on 20 November 2025 but the likelihood of a December rate cut has increased ISPH | Market diversification and rate sensitivity drive robust 2026 earnings outlookDSCW | Helwan expansion gaining traction with latest land acquisitionCement Sector | New capacity approvals highlight long-term confidence, short-term price impact remains limited ORAS | MSCI inclusion reinforces ADX re-rating t...
In today's Pre-Session Views: Strategy | Eyeing three imminent stock-moving corporate actions ETEL | Chasing its legacy multiples: What could push towards 8-9x and EGP85/share? Lessons from regional peers: P/E vs capex/sales, D/E, and capex/CFEFIH | Four momentums in a week drove 35% of the YTD performance – an exposure worth keeping for 2026CCAP | ERC debt will stand at c.USD800 million by 2Q26; clearing the path for potential dividendsORAS | Completion of ADGM re-domiciling reinforces...
In today's views Strategy | POUL will likely hit the EGP30/share mark on parent chick prices in 3Q25, feed prices in 4Q25 and potentially exceptional dividends in 1Q26. COMI | Strong performance driven by reversed provisions paves the way for higher dividend payoutEFIH | Surge in 1QFY25/26 tax revenue continues to support EFIH rerating storyOLFI | OLFI is on track to deliver a full year net profit of EGP0.9 - 1.0 billion and we continue to expect a 30% rally in the stock price before mid...
In today's views Strategy | PHDC should launch Abu Dhabi project if recent underperformance is to be reversedEKHO | Capital recycling strategy commences as deal finalizedRMDA | Earnings miss likely in 2025; valuation leaves little room for upside
Strategy | KSA-based Tabby recent secondary share sale casts in stone GBCO status as 2026 top pickFWRY | A high-conviction exposure to signals of renewed foreign flows in EGXVALU | A top pick leveraging consumer segment exposureMTIE | MTIE’s Edge/Basata agreement| Our view: replicating FWRY’s MSME model could unlock hidden value in Basata MicrofinanceTMGH | GEM’s opening raises Cairo and Giza hotels’ occupancy to 100% and room rates by 400%DSCW | Egypt’s textile exports up 24% during 9M25; DS...
In today's Pre-Session Views: Strategy | AMIA is on a tear and ATLC will likely catch up before end of 1Q26CIEB| Despite sluggish performance, stock offers 15% dividend yieldAMOC | Revenue grows, but margins contract in 1QFY25/26MBSC | 3Q25 volumes modestly rebound; 2025e net profit of EGP2 billion hinges on 4Q25 performanceOLFI | Management reaffirms growth plans; BUY rating maintained