Tat Gida: A Small Cap With Solid Prospects
Tat Gida Sanayi AS, formerly Tat Konserve Sanayi AS, (BIST:TATGD) is a Turkey-based food processing company. The company engages in producing and marketing tomato sauce, tomato products and canned food under tomato segment and has synergies between the trademarks with SEK and Pastavilla. SEK is engaged in the production of milk and dairy products and Pastavilla is engaged in the production of pasta, semolina, durum clear flour and batter flour. It is part of Koc Group (BIST:KCHOL) of companies. In August 2014, the company sold its Maret brand to Namet Group...
Halkbank: Not A Good Play for the Current Trends
Halkbank has performed poorly since last November and now the stock trades slightly below its book value and is one of the worst performing stocks among Turkish blue-chip stocks.
The bank closed 2011 with 14.4% return on equity and an aggregate net income of 2,206 million liras, which was 22% lower...
The Curious Case of Asya Bank
Asya Katilim Bankasi A.S. (ASYAB) is the third largest Islamic lender in Turkey by assets which is backed by Gulenist capitalists making it become a target as the government declared war against Gulen movement and called it public enemy number one.
As well known, the breaking point was the graft investigation conducted...