Categories Business Company & Industry Finance HIGHLIGHTS TUPRS: Reflecting 3Q beat; tight diesel supply Cem CetingucPosted on9 November, 2022 We increase our TP for Tupras to TRY422.60 (from TRY341.40 previously) as we add the … Continue ReadingTUPRS: Reflecting 3Q beat; tight diesel supply
Categories Company & Industry General HIGHLIGHTS HYPED Bird outside the cage: Elon Musk takes total control of Twitter Cem CetingucPosted on28 October, 2022 Elon Musk has taken control of Twitter with brutal efficiency, firing top executives immediately but … Continue ReadingBird outside the cage: Elon Musk takes total control of Twitter
Categories Company & Industry General HIGHLIGHTS Turkish Competition Authority fines Facebook 6.5M dollars Cem CetingucPosted on27 October, 2022 The Turkish Competition Authority has ordered Facebook to pay a total fine of 346 million Turkish Liras ($6.5 … Continue ReadingTurkish Competition Authority fines Facebook 6.5M dollars
Categories Business Company & Industry General HIGHLIGHTS GEM Digital invests 50M dollars on Manc to boost global expansion Cem CetingucPosted on27 October, 202227 October, 2022 The Turkish developer Manc has reported a $50m investment for their Mancium mobile game token. … Continue ReadingGEM Digital invests 50M dollars on Manc to boost global expansion
Categories General Sisecam: Mine behind the glass Cem CetingucPosted on26 October, 2022 We are transferring our coverage of Sisecam with an Outperform rating and 12- month TP … Continue ReadingSisecam: Mine behind the glass
Categories Business Company & Industry New deal signed between MBC Group, Medyapim & Ay Yapim Cem CetingucPosted on21 October, 2022 MBC Group has signed a five-year agreement with Turkish production houses, Medyapim and Ay Yapim. … Continue ReadingNew deal signed between MBC Group, Medyapim & Ay Yapim
Categories Business Company & Industry General HIGHLIGHTS Turkish Airlines targets 17 percent annual growth in 2023 Cem CetingucPosted on20 October, 2022 Turkish Airlines (THY) aims to achieve a growth of between 15 to 17 percent next … Continue ReadingTurkish Airlines targets 17 percent annual growth in 2023
Categories Business Company & Industry Finance General HIGHLIGHTS Tech Turkish unicorns: Digital transformation and government support is crucial Cem CetingucPosted on13 September, 2022 Turkey became the 10th country to attract the most investment among European countries over two … Continue ReadingTurkish unicorns: Digital transformation and government support is crucial
Categories Business Company & Industry HIGHLIGHTS Markets Ozon opens office in Turkey to help goods flow to Russia Cem CetingucPosted on31 August, 2022 Russian e-commerce firm Ozon said on Tuesday (30 August) it would open a local office … Continue ReadingOzon opens office in Turkey to help goods flow to Russia
Categories Business Company & Industry General HIGHLIGHTS HYPED Musk reveals buying Manchester United tweet was a ‘joke’ Cem CetingucPosted on17 August, 2022 Tesla CEO Elon Musk said he was joking when he tweeted on Wednesday he was … Continue ReadingMusk reveals buying Manchester United tweet was a ‘joke’
Categories Business Company & Industry HIGHLIGHTS IHC acquires 50 percent stake in Kalyon Enerji Cem CetingucPosted on11 August, 2022 Abu Dhabi’s International Holding Co (IHC.AD) on Thursday said it had acquired a 50% stake in Turkey’s … Continue ReadingIHC acquires 50 percent stake in Kalyon Enerji
Categories Business Company & Industry Finance General HIGHLIGHTS Turkish Cargo becomes fourth among global air freight companies Cem CetingucPosted on2 August, 2022 The air cargo transportation operator of Turkish Airlines (THY), Turkish Cargo rose to rank fourth among … Continue ReadingTurkish Cargo becomes fourth among global air freight companies
Categories Business Company & Industry Finance HIGHLIGHTS BIOEN – Turning waste into value (TP: TL13.10/share) Cem CetingucPosted on29 July, 2022 Turning waste into value. Biotrend is a leading player in Municipal solid waste management sector, focusing … Continue ReadingBIOEN – Turning waste into value (TP: TL13.10/share)
Categories Business Company & Industry Finance HIGHLIGHTS OZKGY- Outperform maintained with TP of TL10.10/share Cem CetingucPosted on26 July, 2022 2022E unit sales revenue at TL1.3bn Despite counter-cyclical regulatory changes such as cap for house … Continue ReadingOZKGY- Outperform maintained with TP of TL10.10/share
Categories Business Company & Industry General HIGHLIGHTS Tupras | Upgrade to Buy: Weaker TRY shifts balance of risk Cem CetingucPosted on1 June, 20221 June, 2022 Exceptionally strong refining margins… Tupras continues to enjoy exceptionally strong refining margins on the back … Continue ReadingTupras | Upgrade to Buy: Weaker TRY shifts balance of risk
Categories Company & Industry Finance HIGHLIGHTS Markets Turkey Food Retail: Strong top-line growth helps deliver stable profitability Cem CetingucPosted on12 May, 2022 Strong growth momentum with trade down environment: Turkish food retailers report strong sales growth momentum … Continue ReadingTurkey Food Retail: Strong top-line growth helps deliver stable profitability
Categories Business Company & Industry Finance HIGHLIGHTS TUPRS: Outperform Maintained Cem CetingucPosted on4 April, 2022 Recovery in cracks gains pace led by mid-distillates… On the back of post-pandemic recovery in … Continue ReadingTUPRS: Outperform Maintained
Categories Business Company & Industry HIGHLIGHTS Ford initiates massive battery plant in Turkey Cem CetingucPosted on17 March, 2022 Ford plans to build an electric-vehicle battery plant in Turkey with South Korean battery maker SK … Continue ReadingFord initiates massive battery plant in Turkey
Categories Business Company & Industry HIGHLIGHTS China, Turkey to build world’s largest rooftop solar power plant Cem CetingucPosted on14 March, 2022 Chinese tech giant Huawei and Turkish steel manufacturer Tosyali Holding co-launched a project on Friday … Continue ReadingChina, Turkey to build world’s largest rooftop solar power plant
Categories Business Company & Industry Finance DO & CO | Buy: Powering up for take-off Cem CetingucPosted on16 February, 2022 A sustained recovery now looks more achievable: Since the COVID-19 outbreak, the recovery trend across … Continue ReadingDO & CO | Buy: Powering up for take-off
