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EMFD "Excellent performance from a great company"An Overlooked Gem in the Egyptian Market: Soaring Growth and Promising Prospects The provided text highlights an Egyptian stock that has experienced extraordinary growth over the past year, surging by over 135% in value. The stock's fair value has also witnessed an increase from 8 Egyptian pounds to 9.5 pounds, driven by its strong financial performance in the first quarter. The text outlines two potential scenarios for the stock's future trajectory: Continued Uptrend: The stock could continue its upward momentum, reaching levels of 8 and 9 Egyptian pounds, with the possibility of further appreciation to even higher levels. Retracement: The stock might experience a price decline. However, the author strongly advises against selling the stock at any price point. Personal Experience: having held it since its price was 3 Egyptian pounds. They emphasize the stock's underlying strength and their firm belief that it will appreciate significantly in the future, even if its price drops back to 1 Egyptian pound.
EGX:EMFDLong
by atuumra
BICO risen from 27 to 41 in 5 monthsRapid change with almost certain assistance from its parent company What happened during the past period is like a miracle. The company transformed after the first quarter results showed huge losses and embezzlement charges that resulted in restructuring. After the distribution of closed dividends per share was suspended at 0.75 until liquidity was available, and liquidity was available quickly. I believe that financing was provided by the parent company in exchange for an export share and benefiting from the currency difference after the delay in the Medicine Authority’s decision to move the exchange rate. The pending dividends were issued to shareholders and we await the second-quarter results, which look promising I expect the stock to rise to 30 pounds during the month of 8, and the trend is towards 40 in January 2025.
EGX:BIOCLong
by atuumra
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
EGAL OUTLOOKWelcome to the daily analysis of EGAL, a key constituent of the EGX70 and EGX30 Sharia indices. This analysis provides insights into market movements and potential trading opportunities based on a comprehensive approach utilizing various technical indicators. The analysis is grounded in the following methods: Ichimoku Kinko Hyo: A versatile indicator providing a holistic view of support, resistance, momentum, and trend direction. Fibonacci Retracement: Used to identify potential reversal levels by measuring the key Fibonacci levels of recent price movements. Law of Diminishing Returns: Applied to assess the impact of additional investment or effort in the market, helping to determine optimal entry and exit points. TRIX (Triple Exponential Average): A momentum indicator that shows the rate of change of a triple exponentially smoothed moving average, aiding in identifying trend reversals. Trendlines: Essential for identifying support and resistance levels, as well as the overall direction of the market trend. TSI (True Strength Index): A momentum-based oscillator that helps to identify the strength of a trend and potential reversal points. Stay tuned for detailed insights and strategic recommendations based on today's market analysis. For more information, visit ECAP Outlook
EGX:EGAL
by ICHIMOKUontheNILE
EKHOA OUTLOOKWelcome to the daily analysis of EKHOA, a key constituent of the EGX30 index. This analysis provides insights into market movements and potential trading opportunities based on a comprehensive approach utilizing various technical indicators. The analysis is grounded in the following methods: Ichimoku Kinko Hyo: A versatile indicator providing a holistic view of support, resistance, momentum, and trend direction. Fibonacci Retracement: Used to identify potential reversal levels by measuring the key Fibonacci levels of recent price movements. Law of Diminishing Returns: Applied to assess the impact of additional investment or effort in the market, helping to determine optimal entry and exit points. TRIX (Triple Exponential Average): A momentum indicator that shows the rate of change of a triple exponentially smoothed moving average, aiding in identifying trend reversals. Trendlines: Essential for identifying support and resistance levels, as well as the overall direction of the market trend. TSI (True Strength Index): A momentum-based oscillator that helps to identify the strength of a trend and potential reversal points. Stay tuned for detailed insights and strategic recommendations based on today's market analysis.
EGX:EKHOA
by ICHIMOKUontheNILE
Abuk Jinny Gann Grid + LevelsJinny Gann Grid & Levels are on the Chart Jinny Gann Grid/Horizontal Lines Works as Support / Resistance. Important levels for the Big Cycle on the chart. Please Make sure u need to zoom in to Present to see a good picture of Important Support/Resistance Crosses Near the price The green trend and the Red.. Expect a Reversal at the Exact point with High Probabilities. Every line on Chart was Drawn Based on Equations... not Manually My Theories... Implemented it to Jinny GANN R Best Regards Trade Wisely.
EGX:ABUK
by Magic_xD
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