Egyptian stock report - Arabia Investments Development Financial Investments Holding

EGYPT

Arabia Investments Development Financial Investments outperforms 83% of the market January 18, 2018 14:30 EET

NEWS BITES - MIDDLE EAST & NORTH AFRICA

Arabia Investments Development Financial Investments Holding Co (CA:AIND), Egypt's 11th largest Financial services company by market cap, has increased 1.0 qirsh (1.2%) from its last trading session of January 17 to close at 84.0 qirsh. Compared with the EGX 30 Index which rose 212.5 points (1.4%) in the day, the relative price change was -0.2%. The volume was 0.9 times the average daily trading volume of 4.7 million shares. In the Egyptian market of 185 stocks traded today, the stock has a 14-day relative price strength of 83 indicating it has outperformed 83% of the market. A price rise combined with a high relative strength is a bullish signal.

Highlights in today's Report:

SECTION 1 BULLISH SIGNALS

Technicals, High Performance Indicators

SECTION 2 BEARISH SIGNALS

Technicals, Overbought/Bearish/Resistance Signals, Low Performance Indicator

SECTION 3 PRICE VOLUME DYNAMICS

Technicals, Beta, Month-on-Month Comparison (Trailing Month - ended 17th)

SECTION 4 PEER GROUP ANALYSIS & RANKING

Global Peer Group Analysis (all figures in USD), Global, Regional, Market, Index, Sector, Independent Rating

SECTION 5 PROFILE

Activities, Industry & Sector, Issued Capital

SECTION 6 STOCK BUZZ

Litigation, Corporate Wire

SECTION 1 ARABIA INVESTMENTS DEVELOPMENT FINANCIAL INVESTMENTS BULLISH SIGNALS

1.1 Technicals:

+ In the last three months the stock has hit a new 52-week high thrice.

1.2 High Performance Indicators:

DescriptionValueRank In Market
Volatility %1.2In Top Quartile
Today's TurnoverLE3.5 million (US$198,864)In Top Quartile

SECTION 2 ARABIA INVESTMENTS DEVELOPMENT FINANCIAL INVESTMENTS BEARISH SIGNALS

2.1 Technicals:

+ In the last three months the stock has hit a new 52-week low eight times, pointing to a significant downtrend.

+ The present value of LE1,000 (PV1000) invested one year ago in Arabia Investments Development Financial Investments is LE762, for a capital loss of LE238.

PV10001-week1-month1-year
AIND.CA1,0001,037762
EGX 30 Index1,0111,0341,158

+ The present value of EGP1,000 (PV1000) invested three years ago in Arabia Investments Development Financial Investments is LE490, for a capital loss of LE510.

+ 3 years Multiplier in EGP = 0.49x

+ Compound Annual Growth Rate (CAGR) in EGP = -21.0%

Jan 18, 2018: USD 1 equals EGP 17.72

2.2 Overbought/Bearish/Resistance Signals:

+ The stock is overbought according to the Williams % R indicator of -18.2, suggesting the price is close to its 14-day high of 86.0 qirsh.

+ The Money Flow Index [MFI] is 82.3 suggesting an overbought 14-day trend, being above 80. The Money Ratio of 4.6 suggests positive money flow was 4.6 times negative money flow.

2.3 Low Performance Indicator:

DescriptionValueRank In Market
Price/MAP2000.93In Bottom Quartile

SECTION 3 PRICE VOLUME DYNAMICS

3.1 Technicals:

+ Volume: there were 4,194,956 shares worth LE3.5 million (US$198,864) traded today. The volume was 0.9 times the average daily trading volume of 4.7 million shares.

+ Arabia Investments Development Financial Investments is at a discount of 32.3% to its 12-month high of LE1.24 on November 07, 2017. It is also at a premium of 12.0% to the 12-month low of 75.0 qirsh on December 31, 2017.

3.2 Beta:

+ Beta: the Beta of Arabia Investments Development Financial Investments stock is 0.6. A Beta lower than 1 suggests this is a low risk, low return stock with volatility less than that of the market.

3.3 Month-on-Month Comparison (Trailing Month - ended 17th)

17 Jan17 Dec16 Nov17 Oct17 Sep17 Aug
Price 17 Jan (qirsh)8381107888782
% Price Change2.5-27.720.21.13.6-9.9
Avg Daily Volume4,795,1155,164,3255,426,7394,976,1104,794,0814,944,284
VWP (qirsh)96.6298.51103.1388.4988.489.5
Price Range (qirsh)75 - 8679 - 11587 - 12484 - 9478 - 9082 - 93
Relative Price Change %-0.8-3417.81.8-0.2-3.9
Volatility %14.745.642.511.915.413.4

SECTION 4 PEER GROUP ANALYSIS & RANKING

4.1 Global Peer Group Analysis (all figures in USD)

NameRelative Str. (6 mo)MCapPV $1000 (1 yr)RevenueNet ProfitTotal Assets
Arif Habib2323.7M736.615.1M51.4M
SRS Finance9323.5M1,380.32.8M(2.3M)37.2M
Sdiptech6623.4M1,447.0
Khang An Investment Real Estate6923.2M3,017.87.4M1.2M16.4M
Arabia Investments Development Financial Investments3722.8M841.2149.5M3.9M157.6M
Fuse Medical1722.8M2,451.0567,607(585,935)767,147
LKP Finance6822.5M1,703.46.9M1.6M37.5M
Sulabh Engineers & Services1722.2M828,175.8429,378.45.8M
AEC Securities4422.2M1,110.2(779,764.6)85.3M

Global Peer Group Analysis (continued)

CodeCountryLast PriceP/SP/BookTurnover Rate (%)% Disc to 52-w Hi
AHLPKPKR47.691.6159.753.5
536799INRs15.818.61.47.719.1
SDIP PREFSESEK107.5049.80.5
KACVNVND22,000.03.11.81.439.5
AINDEG83.0 qirsh311.233.1
FZMDUS$US1.2540.10.773.1
507912INRs126.203.51.225.125.8
508969INRs14.8528.16.2248.483.5
AECTH58.0 satang275.715.9

4.2 Global Rank [out of 47,421 stocks] and Rank in the Middle East & Africa Region [out of 2,280 stocks]

DescriptionValueGlobal RankIn MEA Region
MCap (US$)22.8M33,5381,591
Total Assets (US$)157.6M21,194930
Revenue (US$)149.5M16,798632
Net Profit (US$)3.9M19,756932
Return on Equity %7.217,769966
Net Profit Margin %2.622,5931,214
Price to Book0.76,613462
Price/Earnings8.53,398352
PV$1000 (1Year) US$*84133,0321,489
US$* Change (1Year) %-19.132,7931,458

* 1 year ago USD 1 = EGP 19.27

Jan 18, 2018: USD 1 equals EGP 17.72

4.3 Rank in the Total Egyptian Market [out of 193 stocks] and Rank in the Financial services sector [out of 21 stocks]

DescriptionValueIn Total Egyptian MarketIn Financial services sector
MCap (EGP)403.7M12013
Total Assets (EGP)1.4B679
Revenue (EGP)1.3B454
Net Profit (EGP)34.7M787
Return on Equity %7.28910
Net Profit Margin %2.610512
Price to Book0.7619
Price/Earnings8.5487
PV1000 (1Year)76218019

4.4 Independent Rating

+ BSS/News Bites:

Arabia Investments Development Financial Investments Holding Co is placed 176/177 in BSS News Bites' ranking of Egyptian performers in the past year, a percentile ranking of 1.

SECTION 5 ARABIA INVESTMENTS DEVELOPMENT FINANCIAL INVESTMENTS PROFILE

5.1 Activities

Arabia Investments Development Financial Investments Holding Co. is an Egypt-based investment company that invests in such fields as power, building materials, automotive, and oil and gas. The Company focuses on diversified development, offering infrastructure, construction and industrial solutions. As of December 31, 2011, the Company's subsidiaries included Misr Mechanical and Electrical Projects (Kahromika), which is engaged in the fields of power stations, power transmission and distribution, mechanical projects and steel fabrication, Cairo Development and Car Manufacturing (CDCM), which is an automobiles distributing company, Nahda Oil and Gas, which handles projects in the fields of power, gas and water, Arabian International Architectural Production (Toblat) which manufactures cement bricks and tiles in the Egyptian market, Arab International Contracting Company, Nahda Infrastructure Company, and Energy Investment Company.

5.2 Industry & Sector

Classification LevelName of Sector
Economic SectorFinancials

5.3 Issued Capital

Based on 480,556,217 issued shares the market capitalisation is LE403.7 million (US$22.8 million).

SECTION 6 STOCK BUZZ

6.1 Litigation

January 04: Cairo For Development files lawsuit to fine Peugeot '150 m for its losses

ArabFinance: Arabia Investments, Development's (AIND) subsidiary, Cairo For Development & Cars Manufacturing (CDCM) has filed a lawsuit to the Egyptian Economic Court against Peugeot Automobiles France Company.

Cairo For Development has required 150 million euro as compensation for losses, resulting from the arbitrary action regarding annulment the agency contract.

The Company added in a statement sent to EGX, Economic Court assigned May 21, 2018, the first hearing session to review the claim.

Source: arabfinance.com

6.2 Corporate Wire

To view Recent Company Headlines, click here

December 07 2017: Arabia Investments' Toblat Co. to install 2 production lines in 2018

ArabFinance: Arabia Investments, Development (AIND) said in a statement sent to Egyptian Stock Exchange (EGX), regarding Arabian International For Architectural Products - (Toblat) Company' investment updates.

November 27 2017: Arabia Investments hires Yehia & Partners Office for Peugeot crisis

ArabFinance: Arabia Investments, Development (AIND) said in a statement sent to EGX, it has hired Yehia and Partners Office as a legal representative to take all legal measures for the company's interest, regarding annulment the exclusive agreement for automotive sector between the Company's unit and Group PSA.

November 27 2017: Investor cuts his stake in Arabia Investments to 8.33%

ArabFinance: Arabia Investments, Development (AIND) said Alaa Fahmy Abdel-Lateef El-Sabaa sold 1,000,000 shares from its shares. El-Sabaa stake after deal execution has become 8.33% of the company's capital from 8.54%. It is worth to mention the deal amount is LE870,000 at an average price of LE0.87 per share.

November 22 2017: Groupe PSA to end agreement with Arabia Invesment for automotive sector

ArabFinance: Arabia Investments, Development (AIND) said in a statement sent to EGX, its subsidiary Cairo For Development & Cars Manufacturing (CDCM) has been unexpectedly notified from Groupe PSA that owning Peugeot trademark, saying it intends to end the exclusive agreement for automotive sector.

Physical Address: Egypt

State/Province/Country: Egypt

Exchange: Egyptian Exchange

ISIN: EGS21351C019

CA:AIND; CAI:AIND; EY:AIND; AIND.CA

PermID: 5000755109

Source: www.BuySellSignals.com