Holding 100 IRR bn capital, Saipa Azin Company recognized 629 IRR loss per share for the FY2014 ending March 20, 2015 while it had recognized 150 IRR loss per share in the last year. Although its net sales increased by 38%, its gross profit fell by 81% and reached 16.7 IRR bn due to its 46% final cost increase. On the other hand, its other operating costs raised by 17%; its sum of expenses grew by 17%, and its 36.3 IRR bn operating profit for the FY2013 turned into the 45.8 IRR bn operating loss for the FY2014.
Iran Zinc Mines Development Company only attempted to buy shares in a 1-month period ending June, 21, 2015. Releasing its investment portfolio statement, this company announced that at the beginning of the stated period, it possessed shares with the final cost of about 2000 IRR bn and market cap of around 3500 IRR bn in its portfolio. Its final cost increased and reached about 2000 IRR bn while its market cap decreased and reached about 2800 IRR bn. This company did not sell any shares in this period.
The Housing Investment Company released its investment portfolio statement for a 1-month period ending June 21, 2015. This company owned shares with the final cost of about 1200 IRR bn and the market cap of about 3200 IRR bn. Its final cost decreased and reached about 1150 IRR bn and its market cap decreased and reached about 2800 IRR bn. This company profited by selling some listed companies’ shares by about 4.5 IRR bn and bought some shares worth 493 IRR mn. Therefore, this company both purchased and sold shares in this 1-month period.
TSE at a Glance
IFB at a Glance
Trading Halts & Delays
This week will definitely be one of those historical periods for our country and its market. Despite the release of any reliable news, both the capital and exchange markets are experiencing a tranquil trend which implies that investors are more optimistic about the June 30th deadline. Experts estimate that those investors who have taken the negotiation risks will benefit from a 25-30% gain in less than one month in case of reaching an agreement. However, those risk-averse shareholders are advised to invest in single shares which gain profit by the companies’ operating cycles and not the negotiation results. Single shares such as Pardis Petrochemical industry, which has estimated 4,000 IRR return that may increase to 4,700-4,800 IRR; Karafarin Bank and Pasargad Bank; and Mapna Group shares are regarded as suitable choices.
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