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Corporate Access – NML & NCL, Global Securities Pakistan

From the Blog marketspost - Corporate Access – NML & NCL, Global Securities Pakistan 22 March 2011     Business and Finance In our recent meetings with the management of NML and NCL, several key points pertaining to recent developments and changing dynamics in the industry were highlighted as detailed below: RGST fears in the textile industry Recent withdrawal of zero rating of textile sector and payment of 17% GST on local sales still remains unresolved. As Read the complete post at: MarketsPost » . Read Full PostComments

Company Update – LOTPTA, Global Securities Pakistan

From the Blog marketspost - Company Update – LOTPTA, Global Securities Pakistan 22 March 2011     Other Margins revving up… We upgrade our Dec11 Target Price for LOTPTA to PKR 19/share, incorporating the effect of 1) Earnings revision based on an improved outlook for primary margins; and 2) Higher cash balance on account of lower dividend payout. At current levels LOTPTA offers potential capital gains of 22% and we recommend BUY on Read the complete post at: MarketsPost » . Read Full PostComments

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