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Marafiq Financial Stability and Trading Insights?Marafiq is a utility company in Saudi Arabia trading under the ticker 2083 on the Saudi Stock Exchange. Founded in 1983, it's primarily owned by the Saudi government and Saudi Aramco. The company specializes in electricity and water services, focusing on the industrial cities of Jubail and Yanbu. Key stats as of September 12, 2023: - Share Price: SAR 67.20 - Market Cap: SAR 16.77 billion - P/E Ratio: 23.73 - Dividend Yield: 0% Financials for 2022: - Revenue: SAR 13.5 billion - Net Income: SAR 3.9 billion - EPS: SAR 2.83 - Dividend per Share: SAR 1.1 Technical Analysis : The stock has a strong support and buying level in the range of SAR 66-62. Traders should closely watch the stock's performance at these levels to gauge the market maker's next move before opening positions. Marafiq primarily generates electricity from thermal plants and water from desalination plants. It has over 3,000 industrial clients, as well as commercial and residential customers. The company is financially stable and expected to grow, particularly as the industrial cities it serves continue to develop.
TADAWUL:2083Long
by DrSaud1
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4140 Saudi Industrial Export CompanySaudi Industrial Export Company (stock number 4140 in the Saudi Stock Exchange) is involved in marketing and importing industrial products, including services like freight forwarding and supply chain solutions. From a technical analysis perspective, the current stop loss is set at 26.65. Key for investors is the stock surpassing the 28.2 level, after which targets can be reassessed. It's important to note that this stock has shown unpredictable behavior, so it's advised to approach with caution and not to risk a large investment. As with any stock, it's vital to continuously monitor its performance and market trends for any necessary strategy adjustments. Dr Saud
TADAWUL:4140Long
by DrSaud1
4163Al Dawaa Medical Services Company, listed as 4163 on the Saudi Stock Exchange, is involved in a variety of activities including online wholesale, pharmaceutical agents, and retailing of medical equipment. The company operates through Retail and Wholesale segments, focusing on selling goods to customers through pharmacies and wholesale customers, respectively. Established in 1993, it is headquartered in Al Khobar, Saudi Arabia. As of the latest data, the stock price of Al Dawaa Medical Services Company closed at 115.60 SAR, with a 52-week range of 70.30 SAR to 117.00 SAR. The company's market capitalization stands at 9.826 billion SAR, and it has a price-to-earnings (P/E) ratio of 30.10. The earnings per share (EPS) reported is 3.84 SAR. Al Dawaa Medical Services Company does not currently pay dividends. In terms of trading strategy, investors are considering a stop loss at 111 SAR. The target prices are set at 119 SAR, 124 SAR, and 135 SAR, suggesting potential areas of growth or resistance that traders may be watching. For ongoing and detailed analysis, it is advisable to keep an eye on financial news. Dr Saud
TADAWUL:4163Long
by DrSaud1
Bullish on 4031 - Saudi Ground Services Co.I am bullish on 4031, a company that provides ground handling services to airlines in Saudi Arabia. The stock is in a strong uptrend, as shown by the higher highs and higher lows on the daily chart. - The stock has recently broken above a trend line resistance that was acting as a barrier since November 2023. It is also trading above the key moving averages of 50, 100, and 200 days, indicating a positive momentum and trend strength. - I think a good entry point would be around 42 SAR, if the stock retraces to test the trend line support or the 50-day moving average. This would offer a favorable risk-reward ratio and a potential upside of about 20% to the recent high of 50.4 SAR. - I would place a stop loss below the trend line support or the 100-day moving average, whichever is lower, to protect my capital in case of a reversal. I would also monitor the volume and the RSI for confirmation of the bullish trend and the breakout. - This is my personal opinion and not a financial advice. Please do your own research and analysis before investing. Happy trading! 😊
TADAWUL:4031Long
by KnightSway