Categories Company & Industry Finance HIGHLIGHTS Sabanci Holding | Buy: Focus on energy continues Cem CetingucPosted on2 February, 20232 February, 2023 Energy takes the lead in NAV contribution. We have revisited our fair value for the … Continue ReadingSabanci Holding | Buy: Focus on energy continues
Categories Company & Industry Finance HIGHLIGHTS Koc Holding | BUY: Strong dividend income to support net cash Cem CetingucPosted on2 February, 20232 February, 2023 Surge in dividend income likely. We project Koc’s dividend income to more than triple y-o-y … Continue ReadingKoc Holding | BUY: Strong dividend income to support net cash
Categories Company & Industry Finance HIGHLIGHTS Turkish automobiles: Mostly a domestic story in 2023 Cem CetingucPosted on21 January, 2023 2023 more about domestic than exports, and more about pricing than volumes. A strong December … Continue ReadingTurkish automobiles: Mostly a domestic story in 2023
Categories Company & Industry General HIGHLIGHTS Tech Hive Energy reveals plan to build solar facilities in Turkey Cem CetingucPosted on14 January, 2023 The company intends to build the projects in 30 locations across the country with an … Continue ReadingHive Energy reveals plan to build solar facilities in Turkey
Categories Business Company & Industry HIGHLIGHTS Ford/LG partner up to build new battery plant in Turkey Cem CetingucPosted on13 January, 202313 January, 2023 The factory is slated to start operation as soon as 2025 with an annual capacity … Continue ReadingFord/LG partner up to build new battery plant in Turkey
Categories Company & Industry HIGHLIGHTS Markets Alibaba to invest 1 Billion dollars in Turkey Cem CetingucPosted on10 January, 202310 January, 2023 Chinese e-commerce giant Alibaba Group Holding Ltd is planning a logistics hub at Istanbul Airport … Continue ReadingAlibaba to invest 1 Billion dollars in Turkey
Categories Business Company & Industry HIGHLIGHTS Tech PayTabs’ acquisiton of Paymes finalized Cem CetingucPosted on14 December, 2022 PayTabs, Middle East, Africa, and South Asia’s (MEASA’s) award-winning payments powerhouse, in a power play announced that it had … Continue ReadingPayTabs’ acquisiton of Paymes finalized
Categories Business Company & Industry HIGHLIGHTS HP to layoff 6,000 employees due to global economy Cem CetingucPosted on24 November, 2022 PC-maker Hewlett Packard on Nov. 22 said it would layoff as many as 6,000 employees over the … Continue ReadingHP to layoff 6,000 employees due to global economy
Categories Business Company & Industry Finance HIGHLIGHTS TUPRS: Reflecting 3Q beat; tight diesel supply Cem CetingucPosted on9 November, 2022 We increase our TP for Tupras to TRY422.60 (from TRY341.40 previously) as we add the … Continue ReadingTUPRS: Reflecting 3Q beat; tight diesel supply
Categories Company & Industry General HIGHLIGHTS HYPED Bird outside the cage: Elon Musk takes total control of Twitter Cem CetingucPosted on28 October, 2022 Elon Musk has taken control of Twitter with brutal efficiency, firing top executives immediately but … Continue ReadingBird outside the cage: Elon Musk takes total control of Twitter
Categories Company & Industry General HIGHLIGHTS Turkish Competition Authority fines Facebook 6.5M dollars Cem CetingucPosted on27 October, 2022 The Turkish Competition Authority has ordered Facebook to pay a total fine of 346 million Turkish Liras ($6.5 … Continue ReadingTurkish Competition Authority fines Facebook 6.5M dollars
Categories Business Company & Industry General HIGHLIGHTS GEM Digital invests 50M dollars on Manc to boost global expansion Cem CetingucPosted on27 October, 202227 October, 2022 The Turkish developer Manc has reported a $50m investment for their Mancium mobile game token. … Continue ReadingGEM Digital invests 50M dollars on Manc to boost global expansion
Categories General Sisecam: Mine behind the glass Cem CetingucPosted on26 October, 2022 We are transferring our coverage of Sisecam with an Outperform rating and 12- month TP … Continue ReadingSisecam: Mine behind the glass
Categories Business Company & Industry New deal signed between MBC Group, Medyapim & Ay Yapim Cem CetingucPosted on21 October, 2022 MBC Group has signed a five-year agreement with Turkish production houses, Medyapim and Ay Yapim. … Continue ReadingNew deal signed between MBC Group, Medyapim & Ay Yapim
Categories Business Company & Industry General HIGHLIGHTS Turkish Airlines targets 17 percent annual growth in 2023 Cem CetingucPosted on20 October, 2022 Turkish Airlines (THY) aims to achieve a growth of between 15 to 17 percent next … Continue ReadingTurkish Airlines targets 17 percent annual growth in 2023
Categories Business Company & Industry Finance General HIGHLIGHTS Tech Turkish unicorns: Digital transformation and government support is crucial Cem CetingucPosted on13 September, 2022 Turkey became the 10th country to attract the most investment among European countries over two … Continue ReadingTurkish unicorns: Digital transformation and government support is crucial
Categories Business Company & Industry HIGHLIGHTS Markets Ozon opens office in Turkey to help goods flow to Russia Cem CetingucPosted on31 August, 2022 Russian e-commerce firm Ozon said on Tuesday (30 August) it would open a local office … Continue ReadingOzon opens office in Turkey to help goods flow to Russia
Categories Business Company & Industry General HIGHLIGHTS HYPED Musk reveals buying Manchester United tweet was a ‘joke’ Cem CetingucPosted on17 August, 2022 Tesla CEO Elon Musk said he was joking when he tweeted on Wednesday he was … Continue ReadingMusk reveals buying Manchester United tweet was a ‘joke’
Categories Business Company & Industry HIGHLIGHTS IHC acquires 50 percent stake in Kalyon Enerji Cem CetingucPosted on11 August, 2022 Abu Dhabi’s International Holding Co (IHC.AD) on Thursday said it had acquired a 50% stake in Turkey’s … Continue ReadingIHC acquires 50 percent stake in Kalyon Enerji
Categories Business Company & Industry Finance General HIGHLIGHTS Turkish Cargo becomes fourth among global air freight companies Cem CetingucPosted on2 August, 2022 The air cargo transportation operator of Turkish Airlines (THY), Turkish Cargo rose to rank fourth among … Continue ReadingTurkish Cargo becomes fourth among global air freight companies
