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DOMT

DOMT "Billionaire revenues and profits that are a joke Q1 financials. Revenue is up 2.1 billion Egyptian pounds, but profits are down compared to the last 10 quarters. The company blames flat product prices while raw material costs are skyrocketing. Seriously, what's the deal? Are they just waiting for us to tell them to raise prices or cut costs? If they're asking for my advice, I'd say they need to get their act together. Oh, and by the way, the full H1 report is coming out in two weeks, so stay tuned.
EGX:DOMT
by atuumra
DOMT Betweenincrease "EPS" and increase in volumeOn a specialized economic level, after reviewing the financial statements for the first quarter of the stock, the increase in the number of shares was marginal (in the millions) and the increase in earnings per share was also by a fraction of a penny. However, on a technical analysis level of the volume, a state of stability and exchange of shares in large quantities ("accumulation") is evident without any increase in the stock price. In other words, the chart shows us that there are accumulation operations for a full session without including holidays, especially after the last cash dividend distribution from the stock. This operation makes us wait for a strong upward movement for the stock to return to the levels of 14 Egyptian pounds during June. The stock will recover, and it is a great opportunity to achieve no less than 20% on investing in this stock. This is not advice, but an analysis. I believe that the second quarter results will be higher because the month of Ramadan, which was between March and April, disrupts a large part of the revenue from Suntech Dmetty's sales. We will notice high semi-annual statements at a high rate. Please note that this is a direct translation and does not include any additional information or interpretations
EGX:DOMTLong
by atuumra