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Alexandria Mineral Oils Company (AMOC)

Egypt
Currency in EGP
Disclaimer
7.11
+0.09(+1.28%)
Closed

AMOC Comments

0.6 EGP is now the best possible dividend according to the news. That's 7.2% of today's opening.
I'm expecting AMOC to pay dividends this year between 0.7 to 1 EGP. This because last divident the USD was 16 EGP, now it's 31 in banks. I know a lot of input costs raised and their product costs were lowered in the market, that's why I started my expectation with 0.7 EGPThis is when the price will reach at least 10.68 EGP like last April.
Earnings are announced check it out
Check out earnings and dividents of Amoc ✌️
There is a big change in company performace regarding increase of total revenue and increased efficency reflected higher profit margin and thus increased net profit. Amoc achieved a great turn around Q4 results are a big improvment by almost 300 % increase in earning per share than the quarter before it. If things continue like that the stck will target at leat 11 egp bymid year next year and first close target should be around 6 egp
Totally agree
The company and sector have promising future.
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