Categories Company & Industry Finance HSBC: Turkish Aviation sector Cem CetingucPosted on27 August, 2021 Normalisation on track and risks appear more manageable: Air traffic in Turkey is exhibiting a … Continue ReadingHSBC: Turkish Aviation sector
Categories Business Politics Africa’s newest pal: Turkey Cem CetingucPosted on27 August, 2021 An Olympic-size swimming pool in coastal Senegal. A military base in Somalia. And in arid … Continue ReadingAfrica’s newest pal: Turkey
Categories Economy Finance Macro Snapshot: CUR, RSCI and Sectoral Confidence Indices Cem CetingucPosted on27 August, 202127 August, 2021 In August, manufacturing CUR, RSCI and sectoral confidence indices recorded increases. Seasonally adjusted (SA) Capacity … Continue ReadingMacro Snapshot: CUR, RSCI and Sectoral Confidence Indices
Categories Economy General Macro Snapshot: Consumer Confidence Index, August 2021 Cem CetingucPosted on23 August, 2021 Consumer Confidence Index (CCI) decreased by 1.6% to 78.2 in August (July: 79.5). Despite there … Continue ReadingMacro Snapshot: Consumer Confidence Index, August 2021
Categories Business General Politics Tunisia wants to nix Turkey free trade deal Cem CetingucPosted on23 August, 202124 August, 2021 Tunisia is seeking an urgent review of a trade agreement with Turkey in order to … Continue ReadingTunisia wants to nix Turkey free trade deal
Categories Company & Industry Finance DO & CO (DOCO TI) : Upgrade to Buy: Emerging stronger Cem CetingucPosted on22 August, 2021 Overall business is on an improving trend: We believe DO & CO is on a … Continue ReadingDO & CO (DOCO TI) : Upgrade to Buy: Emerging stronger
Categories General Turkish firm to start manufacturing high-power engines for military vehicles Cem CetingucPosted on20 August, 202120 August, 2021 Turkish engine manufacturing company TUMOSAN will produce engines for military vehicles, Turkish media reported on … Continue ReadingTurkish firm to start manufacturing high-power engines for military vehicles
Categories Company & Industry General Chip shortage forces Toyota Turkey to cease production Cem CetingucPosted on20 August, 202121 August, 2021 As the semiconductor shortage keeps bedeviling the automotive industry, Toyota is pausing production at its … Continue ReadingChip shortage forces Toyota Turkey to cease production
Categories Business Company & Industry EEMEA Refiners: Crack spreads, differentials, valuations Cem CetingucPosted on20 August, 2021 2Q21 results: All three companies reported strong 2Q21 updates, with large oil price related gains … Continue ReadingEEMEA Refiners: Crack spreads, differentials, valuations
Categories Business Economy Macro Snapshot: Outstanding External Loans Received by Private Sector, June 2021 Cem CetingucPosted on19 August, 2021 In June, private sectors’ outstanding short term loans decreased by USD0.2bn to USD9.5bn whereas long … Continue ReadingMacro Snapshot: Outstanding External Loans Received by Private Sector, June 2021
Categories General Politics US denies refugee deal with Turkey Cem CetingucPosted on19 August, 202119 August, 2021 The United States has denied claims that a refugee deal was signed between Turkish President … Continue ReadingUS denies refugee deal with Turkey
Categories Economy General Is Turkish economy on the verge of a turning point? Cem CetingucPosted on18 August, 2021 Mustafa Kemal Ataturk liked to say “the villager is the master of the nation”. Two … Continue ReadingIs Turkish economy on the verge of a turning point?
Categories Business Company & Industry Arcelik (ARCLK TI) | Buy: Incorporating new acquisitions Cem CetingucPosted on18 August, 2021 New acquisitions to accelerate top-line growth but dilute margins: Arcelik completed the acquisitions of Hitachi … Continue ReadingArcelik (ARCLK TI) | Buy: Incorporating new acquisitions
Categories Business Company & Industry Finance Koc Holding: Discount to NAV still wide vs history; attractive entry point vs subs; reiterate Buy Cem CetingucPosted on18 August, 2021 We reiterate our Buy rating on Koc Holding (Koc) post 2Q results announced on July … Continue ReadingKoc Holding: Discount to NAV still wide vs history; attractive entry point vs subs; reiterate Buy
Categories Economy Finance Macro Focus: IP, June 2021: IP figures indicate a strong growth in Q2 Cem CetingucPosted on15 August, 202115 August, 2021 In June, IP increased by 2.3% MoM and 23.9% on a YoY. According to the consensus, … Continue ReadingMacro Focus: IP, June 2021: IP figures indicate a strong growth in Q2
Categories Business Company & Industry VAKBN: 2Q Review & Target Price Revision: Prevailing Legacy of 2020 Cem CetingucPosted on15 August, 2021 2Q results slightly above estimates on lower CoR The bank announced its 2Q21 solo net … Continue ReadingVAKBN: 2Q Review & Target Price Revision: Prevailing Legacy of 2020
Categories General U.N. climate report confirm drastic temperature rise in Turkey due to climate change Cem CetingucPosted on13 August, 2021 Global warming will affect Turkey just like every other country worldwide, and even after the end of … Continue ReadingU.N. climate report confirm drastic temperature rise in Turkey due to climate change
Categories Company & Industry General Politics Turkey’s defense industry is taking tremendous strides.. Why? Cem CetingucPosted on9 August, 2021 In June, the Turkish navy successfully test-fired the Atmaca, Turkey’s first domestically produced long-range anti-ship cruise missile. … Continue ReadingTurkey’s defense industry is taking tremendous strides.. Why?
Categories Business Company & Industry Economy Mevlut Çavuşoğlu on ASEAN Cem CetingucPosted on9 August, 20219 August, 2021 Asia, the cradle of some of the oldest civilizations, has again been gaining a pivotal … Continue ReadingMevlut Çavuşoğlu on ASEAN
Categories General Evacuations continue as wildfires reach Turkey power plant Cem CetingucPosted on6 August, 2021 A coal-fueled power plant in southwest Turkey and nearby residential areas were being evacuated Wednesday … Continue ReadingEvacuations continue as wildfires reach Turkey power plant
