Categories Business Company & Industry HIGHLIGHTS Turkish consumer stocks in 2025 by JP Morgan: Adjusting to lower growth and inflation Atilla YeşiladaPosted on22 December, 2024 Into 2025, we expect that many companies will navigate a difficult consumer landscape, striving to … Continue ReadingTurkish consumer stocks in 2025 by JP Morgan: Adjusting to lower growth and inflation
Categories Company & Industry Finance HIGHLIGHTS Turkish automobiles: Mostly a domestic story in 2023 Cem CetingucPosted on21 January, 2023 2023 more about domestic than exports, and more about pricing than volumes. A strong December … Continue ReadingTurkish automobiles: Mostly a domestic story in 2023
Categories Business Company & Industry Finance HIGHLIGHTS BofA | TOFAS:Healthy 2Q recovery; reiterate Buy Cem CetingucPosted on29 July, 2022 Increase FY22E-23E EPS on avg by 21%; remain bullish We update our model for Tofas’ … Continue ReadingBofA | TOFAS:Healthy 2Q recovery; reiterate Buy
Categories Business Company & Industry Finance HIGHLIGHTS HSBC: TOASO – BUY Promising outlook in both the short and long term Cem CetingucPosted on10 February, 2022 Entering “double-digit PBT” era. The key message from the FY21 results webcast (held on 4 … Continue ReadingHSBC: TOASO – BUY Promising outlook in both the short and long term
Categories Business Company & Industry HIGHLIGHTS Tofas: Reflecting FX spike in revenues; adding conviction to new model opportunity Cem CetingucPosted on8 December, 2021 We raise our TP for Tofas to TRY108.70 (from TRY50.10) and reiterate our Outperform rating. … Continue ReadingTofas: Reflecting FX spike in revenues; adding conviction to new model opportunity
Categories Company & Industry Finance Turkish automobiles: Seeing the half glass full Cem CetingucPosted on13 September, 2021 Better to have a supply problem than a demand problem: As is the case for … Continue ReadingTurkish automobiles: Seeing the half glass full
Categories Business Company & Industry Finance Turkish Industrials: Earnings Momentum set to continue in 2H; top picks KOC and Sabanci Cem CetingucPosted on10 September, 2021 Following another strong quarter supported by both healty domestic demand and exports,we increase our F2Y1E-22E … Continue ReadingTurkish Industrials: Earnings Momentum set to continue in 2H; top picks KOC and Sabanci
Categories Company & Industry Markets HSCB’s top Turkey stock picks Atilla YeşiladaPosted on18 June, 202018 June, 2020 We present five stocks that we prefer in Turkey from a growth and valuation perspective … Continue ReadingHSCB’s top Turkey stock picks
