Categories Company & Industry General Politics THY faces EU ban for ferrying migrants Cem CetingucPosted on11 November, 2021 Turkish Airlines and FlyDubai could be banned in the EU for flying migrants to Belarus … Continue ReadingTHY faces EU ban for ferrying migrants
Categories Business Company & Industry HIGHLIGHTS Energy shock promises a cold winter Atilla YeşiladaPosted on27 October, 2021 As the world wrestles with soaring energy prices just ahead of winter, Turkey is revving … Continue ReadingEnergy shock promises a cold winter
Categories Business Company & Industry Ergun Unutmaz: Sisecam DCF Valuation and Comments Cem CetingucPosted on25 October, 2021
Categories Company & Industry Economy JP Morgan: CBRT speeds up monetary easing despite tricky fundamentals Cem CetingucPosted on24 October, 2021 The CBRT managed to surprise the markets yet again and cut its policy by 200bp … Continue ReadingJP Morgan: CBRT speeds up monetary easing despite tricky fundamentals
Categories Business Company & Industry Turkish Banks: Still cheap but less cheerful Cem CetingucPosted on21 October, 2021 Going through an easing cycle but concerns on inflation still lingering Following the CBRT’s 100 … Continue ReadingTurkish Banks: Still cheap but less cheerful
Categories Business Company & Industry Turkey sealed a three-year, 11 billion cubic metres (bcm) natural gas accord with Azerbaijan Cem CetingucPosted on16 October, 2021 Turkey has sealed a three-year, 11 billion cubic metres (bcm) natural gas accord with Azerbaijan … Continue ReadingTurkey sealed a three-year, 11 billion cubic metres (bcm) natural gas accord with Azerbaijan
Categories Business Company & Industry Pegasus (PGSUS TI) evolving towards a recovery: Buy Cem CetingucPosted on16 October, 202116 October, 2021 Traffic and revenue Traffic moving in line with the company’s expectations, evolving towards a recovery … Continue ReadingPegasus (PGSUS TI) evolving towards a recovery: Buy
Categories Company & Industry Economy Global economy struggling with a growing energy crisis Cem CetingucPosted on16 October, 2021 Global economy struggling with a growing energy crisis. The mounting energy prices has become the hottest … Continue ReadingGlobal economy struggling with a growing energy crisis
Categories Business Company & Industry Turkey expands combat drone sales to Africa Cem CetingucPosted on15 October, 2021 Turkey has expanded the export of its renowned unmanned combat aerial vehicle (UCAV) by negotiating … Continue ReadingTurkey expands combat drone sales to Africa
Categories Company & Industry Economy EM Europe Food Retail Research Cem CetingucPosted on15 October, 2021 Russia – Consolidation, inflation and new growth channels: Inflation remains a key concern in Russia, … Continue ReadingEM Europe Food Retail Research
Categories Company & Industry Emerging Markets EM needs $1 trillion to transition to low-carb economy Cem CetingucPosted on15 October, 2021 Emerging market economies need $1 trillion a year of public and private finance in order … Continue ReadingEM needs $1 trillion to transition to low-carb economy
Categories Business Company & Industry ARCELIK: New stories, defensive structure, attractive multiples Cem CetingucPosted on13 October, 2021 We initiate coverage for Arçelik (ARCLK TI) with a 12-month target price of TRY44.00 and … Continue ReadingARCELIK: New stories, defensive structure, attractive multiples
Categories Company & Industry Economy Turkish retail sales volume increased by 15.0% Cem CetingucPosted on12 October, 2021 Retail sales volume with constant prices (2015=100) increased by 15.0% in August 2021 compared with … Continue ReadingTurkish retail sales volume increased by 15.0%
Categories Company & Industry Economy Total turnover increased by 48.1% on annual basis in Turkey Cem CetingucPosted on12 October, 2021 Total turnover index (2015=100) including industry, construction, trade, and services sectors increased by 48.1% on … Continue ReadingTotal turnover increased by 48.1% on annual basis in Turkey
Categories Company & Industry Economy Turkish industrial production increased by 13.8% annually Cem CetingucPosted on12 October, 2021 When the subsectors of the industry (based on 2015=100) were examined, mining and quarrying index … Continue ReadingTurkish industrial production increased by 13.8% annually
Categories Business Company & Industry THYAO – Buy: 2021 HSBC Global Emerging Markets Forum takeaways Cem CetingucPosted on11 October, 2021 Traffic trends 3Q21 was strong driven by leisure, VFR (visiting friends and relatives) and domestic … Continue ReadingTHYAO – Buy: 2021 HSBC Global Emerging Markets Forum takeaways
Categories Business Company & Industry IKEA increases production in Turkey to shorten supply chain Cem CetingucPosted on7 October, 2021 Sweden’s flat-pack furniture giant IKEA is planning to move more production to Turkey to minimise … Continue ReadingIKEA increases production in Turkey to shorten supply chain
Categories Business Company & Industry Istanbul is the new ‘Silicon Valley’ for mobile gaming industry Cem CetingucPosted on5 October, 20215 October, 2021 On February 18, 2019, just after 9 30 p.m., the Turkish video game giant Peak … Continue ReadingIstanbul is the new ‘Silicon Valley’ for mobile gaming industry
Categories Business Company & Industry Pegasus (PGSUS TI) : Buy: 2021 HSBC Global Emerging Markets Forum takeaways Cem CetingucPosted on5 October, 2021 Traffic and revenue. Traffic moving in line with the company’s expectations, evolving towards a recovery … Continue ReadingPegasus (PGSUS TI) : Buy: 2021 HSBC Global Emerging Markets Forum takeaways
Categories Business Company & Industry Finance SISE – Buy: 2021 HSBC Global Emerging Markets Forum Cem CetingucPosted on4 October, 2021 Trading update.The renovation market and secondary processor demand continue to keep architectural glass volumes vibrant … Continue ReadingSISE – Buy: 2021 HSBC Global Emerging Markets Forum
