Your latest update provides some positive catalysts for EFIH:
Strong Earnings Growth:
Net income for 9M 2024: 1.39495B EGP, which is 3.5% of market cap
+21% Y-o-Y growth → Indicates strong business expansion
Strategic Partnership with Visa:
Focus on digital payments, merchant solutions, and financial inclusion
Aligns with Egypt’s Vision 2030 → Government support is a plus
Expansion of Tap-on-Phone technology and digital payment services
Government-Backed Health Collaboration:
Partnership with eHealth & Egypt's UHIA → Supports long-term revenue stability
Digitalization of healthcare payments → Increases EFIH’s presence in essential services
Updated Investment Strategy:
Bullish Factors:
✅ Strong earnings growth (+21%)
✅ Visa partnership increases digital finance reach
✅ Government-backed health project adds long-term value
Bearish Factors:
❌ Still overvalued (P/E 32.64X)
❌ Short-term volatility remains a risk
If you're a momentum/speculative investor, the price target of 29 EGP could present an opportunity if market sentiment improves within year 2025
Strong Earnings Growth:
Net income for 9M 2024: 1.39495B EGP, which is 3.5% of market cap
+21% Y-o-Y growth → Indicates strong business expansion
Strategic Partnership with Visa:
Focus on digital payments, merchant solutions, and financial inclusion
Aligns with Egypt’s Vision 2030 → Government support is a plus
Expansion of Tap-on-Phone technology and digital payment services
Government-Backed Health Collaboration:
Partnership with eHealth & Egypt's UHIA → Supports long-term revenue stability
Digitalization of healthcare payments → Increases EFIH’s presence in essential services
Updated Investment Strategy:
Bullish Factors:
✅ Strong earnings growth (+21%)
✅ Visa partnership increases digital finance reach
✅ Government-backed health project adds long-term value
Bearish Factors:
❌ Still overvalued (P/E 32.64X)
❌ Short-term volatility remains a risk
If you're a momentum/speculative investor, the price target of 29 EGP could present an opportunity if market sentiment improves within year 2025
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.