Categories Company & Industry Economy Banking Sector: 1Q21 Earnings Preview Cem CetingucPosted on23 April, 2021 Macro volatility to take a toll on earnings We expect ROE’s to range between 0-12% … Continue ReadingBanking Sector: 1Q21 Earnings Preview
Categories General Company Update | EREGL: TP revised up to TL22.0/share Cem CetingucPosted on22 April, 2021 Strong rally justified by rising margins. EREGL staged a strong rally over the last 6M on … Continue ReadingCompany Update | EREGL: TP revised up to TL22.0/share
Categories Business Company & Industry Trendyol received 330 million dollars capital injection from partner Alibaba Cem CetingucPosted on22 April, 202122 April, 2021 Turkish e-commerce platform Trendyol has received an additional $330 million investment from existing partner Alibaba in a … Continue ReadingTrendyol received 330 million dollars capital injection from partner Alibaba
Categories Company & Industry General Company Update | PETKM TP revised up to TL7.50/share Cem CetingucPosted on13 April, 2021 Turning more positive on strong earnings momentum expected this year. We are updating our estimates for … Continue ReadingCompany Update | PETKM TP revised up to TL7.50/share
Categories Business Company & Industry Company Outlook | Aselsan: High growth and compelling valuation Cem CetingucPosted on6 April, 20216 April, 2021 Stock’s underperformance of a retreating Turkish market unjustified in our view. Aselsan’s share price fell … Continue ReadingCompany Outlook | Aselsan: High growth and compelling valuation
Categories Company & Industry THY: Strong positioning, geared to leisure travel recovery; reiterate Buy Cem CetingucPosted on30 March, 2021 We revise our estimates for Turkish Airlines (THY). Reflecting more upbeat expectations from management post … Continue ReadingTHY: Strong positioning, geared to leisure travel recovery; reiterate Buy
