DOCSLIB.ORG

Market Watch Thursday, October 21, 2010 Agenda

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
Market Watch Thursday, October 21, 2010 Agenda Market Watch Thursday, October 21, 2010 www.sekeryatirim.com.tr Agenda 18 Monday 19 Tuesday 20 Wednesday 21 Thursday 22 Friday • US, September industrial • US, September hous- • Treasury to pay down • US, jobless claims. • N/A production figures. ing starts figures. TRY 1.84bn (USD • CBRT to announce 1.3bn) in debt. results of October’s second survey of expec- tation. Outlook: Volume (mn TRY) ISE - 100 Good morning! The ISE-100 declined 0.68% to 69,365 with a volume of TRY 2bn on Wednesday, trading between 70,355 (+0.74%) and 69,185 (- 0.94%). Although the index attempted to test the 70k-territory, domestic 5.000 70.458 72.000 70.101 69.839 politics reminded everyone that silence from the political front cannot be 69.226 69.365 taken for granted. The chief prosecutor of the Supreme Court of Appeals 4.000 70.000 issued a sharp warning to government institutions with regards to the use of the Islamic headscarf in universities, slightly triggering pessimistic 3.000 68.000 sentiments in the market. The index was already in the mood of rehearsing possible future corrections with recent hesitations, and the prosecutor’s 2.000 66.000 statement could act as a catalyst for the process. As domestic 3.104 2.715 1.000 2.563 64.000 2.373 developments caught investors’ attention, optimism returned to US markets 2.293 with encouraging 3Q10 financials, although Asia markets are reluctant to 0 62.000 follow suit this morning. Today, we expect an opening with a negative bias, but the index may eventually attempt to cross into 70k. Technically, 69,700 14-Oct 15-Oct 18-Oct 19-Oct 20-Oct and 70,100 are our respective resistance levels whilst 69,000 and 68,700 are the primary and secondary support levels. Indices (TRY) Previous Last Chg. YTD ISE-100 69.839 69.365 -0,68% 31,31% Money Market: ISE-30 88.857 88.122 -0,83% 31,54% The domestic money markets focused on US earnings releases yesterday, ISE-Financial 109.333 108.079 -1,15% 35,50% while an announcement by the chief prosecutor of the Supreme Court of ISE-Industrial 50.419 50.348 -0,14% 32,85% Appeals made no major impact on investor sentiments. The benchmark ISE-Services 43.197 43.353 0,36% 19,98% bond rate fluctuated in a very narrow band yesterday starting the day at 7.71%, and touching 7.67% on the downside. The benchmark bond closed Advances Declines Most Active the day at 7.69%. On the currency front, USD/TRY started the day at 1.4285 Stocks (%) Stocks (%) Stocks Vol (TR) with the Dollar’s seeing some losses against major currencies after positive SANKO 11,93 VKFRS -10,17 GARAN 297.357.564 earnings releases, closing the day at 1.4235. The major domestic data re- ADNAC 7,35 AVRSY -8,46 ISCTR 281.219.836 lease today will be the CBRT’s 2nd Survey of Expectation for October. KLMSN 6,67 ARSAN -5,69 ARCLK 172.143.679 MNDRS 6,06 YKFIN -5,41 PETKM 127.745.509 Domestic Headlines: KRSTL 6,03 BOYNR -3,63 VAKBN 110.436.072 The chief prosecutor of the Supreme Court of Appeals, Abdurrahman Yal- cinkaya, issued a warning to the Council of Higher Education regarding the Money Market Previous Last Pr. Mn YTD permissibility of allowing headscarves at higher educational institutions, O/N Repo (%) 7,15 7,06 6,62 6,66 highlighting that it constituted a violation of the principle of secularism and Euro Bond (30 year, $) 182,25 180,50 164,75 161,50 that regulations within public law cannot be based upon religious belief. Bond (Benchmark, %) 7,71 7,70 8,11 8,80 Yalcinkaya also criticized statements made by political parties saying they were a “violation of the state’s basic principles of the rule of law, secularism Currency Previous Last Chg. YTD and equality.” On the other hand, the ruling Justice and Development Party US$ 1,4305 1,4265 -0,28% -4,74% (AK Party) claimed that the announcement amounted to judicial intervention Euro 1,9745 1,985 0,53% -7,63% in legislative affairs in Turkey. Euro/Dolar 1,3729 1,3931 1,47% -2,68% Commodity Previous Last Chg. YTD We see the recent flare in tensions over the headscarf issue to have a mar- Oil (Brent spot, $) 82,9 82,2 -0,86% 6,19% ginal possibility of resulting in a new closure case against the AK Party. Due to changes made to the structure of the Constitutional Court following the Oil (NYMEX future, $) 79,5 80,1 0,75% 0,72% referendum, such a closure case would not result in closure. Gold (Ounce, $) 1.331,6 1.340,1 0,64% 22,14% Silver (XAG, $) 23,4 23,8 1,64% 41,12% According to Treasury data, central government debt stock declined Şeker Funds Previous Last* Chg. YTD by 0.6% MoM to TRY 460.7bn in September. While domestic debt remained Şekerbank A T. Variable 0,289332 0,290006 0,23% 11,38% almost unchanged at TRY 348bn, external debt fell by 2.6% over the previous month to TRY 113bn. By September, 75% of central government Şekerbank B T. Bond&Bill 0,018816 0,018818 0,01% 4,31% debt was to domestic lenders, while 56% was in fixed rate debt instruments. Şekerbank B T. Liquid 0,733672 0,733747 0,01% 2,38% In January, the share of fixed rate instruments was at 54%. Şeker Yat. B T. Variable 0,017154 0,017153 -0,01% 3,47% Şeker Yat. B T. Gold 0,012490 0,012366 -0,99% 11,70% * Prices of 21-Oct-10 Market Watch Thursday, October 21, 2010 www.sekeryatirim.com.tr World Indices Company News: America Previous Last Chg. YTD Aselsan (ASELS.TI, Outperform) announced signing a subcontracting agreement with USA-based Raytheon relating to air and missile defense Dow Jones (US) 10.979 11.108 1,18% 6,52% systems which will be based in the United Arab Emirates. The total amount Nasdaq (US) 2.437 2.457 0,84% 8,30% of the agreement stands at USD 12mn and the first delivery will be made in S&P 500 (US) 1.166 1.178 1,05% 5,66% May 2011 to Raytheon. The project is expected to be completed by Decem- Bovespa (Brasil) 69.864 70.405 0,77% 2,65% ber 2011. Merval (Argentina) 2.315 2.315 0,00% -0,27% Mexico Bolsa (Mexico) 34.452 34.880 1,24% 8,59% Dogan Holding (DOHOL.TI; N/R) decided to re-start negotiations with Europe Previous Last Chg. YTD OMV Aktiengesellschaft for the sale of Petrol Ofisi (PTOFS.TI; N/R) shares Dax (Germany) 6.491 6.525 0,52% 9,52% which was halted on November 18, 2010. Dogan Holding and OMV have a FTSE 100 (UK) 5.704 5.729 0,44% 5,84% 54.17% and 41.58% share in Petrol Ofisi respectively. CAC 40 (France) 3.807 3.828 0,55% -2,75% WSE WIG (Poland) 45.290 45.384 0,21% 13,50% Finansbank (FINBN.TI; N/C) denoted that the pre-emptive rights regarding Prague (Czech Republic) 1.137 1.132 -0,42% 1,29% its capital increase to TRY 2.2bn via a 33.08% rights and 0.25% bonus Budapest (Hungary) 23.477 23.628 0,64% 11,31% issue would be used between October 22 and November 5, 2010. RTSI (Rusya) 1.560 1.562 0,14% 8,12% Asia/Africa Previous Last Chg. YTD Autonomy Master Fund Ltd sold 3mn share of Is REIT (ISGYO.TI; Outper- Nikkei (Japan) 9.539 9.382 -1,65% -11,04% form) on October 19, 2010 at a price range of TRY 1.89-1.91. The Fund’s Hang Seng (Hong Kong) 23.764 23.557 -0,87% 7,70% share in Is REIT declined to 4.45% from 5.12% with this transaction. Shanghai Comp. (China) 3.002 3.004 0,07% -8,34% KOSPI (South Korea) 1.857 1.870 0,71% 11,15% Karsan (KARSN.TI; N/R) denied the news that the company is the leading JSE Africa All Shr.(S.Africa) 30.003 30.081 0,26% 8,73% contender among competitors GM and Ford in New York's Taxi & Limousine Commission project. Karsan stated that the process continues. Turkdex (Set. Price) Previous Last Chg. YTD INX100 (OCTOBER 10) 70,325 69,900 -0,60% 32,64% Trakya Cam (TRKCM.TI, Outperform) announced that cold repair works at INX30 (OCTOBER 10) 89,300 88,400 -1,01% 32,24% its Luleburgaz plant has completed and the plant is now operational. IR365 (OCTOBER 10) 89,460 89,460 0,00% 0,40% USD (OCTOBER 10) 1,432 1,429 -0,17% -4,38% Tupras (TUPRS.TI; Market Perform) announced yesterday that its tax EURO (OCTOBER 10) 1,979 1,983 0,20% -7,90% audit reports have been sent to the company before the assessment dead- COTTON (OCTOBER 10) 4,120 4,120 0,00% 58,46% line of November 5, 2010. Tupras further noted that the Ministry of Finance WHEAT (DECEMBER 10) 0,663 0,663 0,00% 16,52% charged the company with a total of TRY 605.4mn (including TRY 363.4mn GOLD (OCTOBER 10) 61,555 61,205 -0,57% 16,45% tax fine) stemming from its 2005, 2006, 2007, 2008 and 2009 fiscal records. A default interest would be calculated from the original tax, the company Portfolio Inclusio Inclusio Last Chg.ISE noted.
Load more

Recommended publications
  • 1 Ocak 2021 Itibariyle Şirketlerin Katilim Endeksi
    1 OCAK 2021 İTİBARİYLE ŞİRKETLERİN KATILIM ENDEKSİ KRİTERLERİNE UYGUNLUK DURUMU & ARINDIRMA ORANLARI Faaliyet alanı, grubu ve pazarı uygun olmayan şirketlerin finansal kriterleri hesaplanmamaktadır. Faizli krediler / (piyasa değeri ya da aktif toplamdan büyük olanı) < %33 kriterini geçemeyen şirketlerin diğer finansal kriterleri hesaplanmamaktadır. Faiz Getirili Nakit/(piyasa değeri ya da aktif toplamdan büyük olanı)<%33 kriterini geçemeyen şirketlerin diğer finansal kriterleri hesaplanmamaktadır. Toplam Faizli Uygunsuz Krediler / Piyasa (Nakit+Menkul Uygun Olmayan Sıra Hisse Kodu Hisse Adı Gerekçe Değeri veya Aktif (< Kıymet)/Piyasa Değeri Faaliyetlerden Gelir / %33) veya Aktif (<%33) Toplam Gelir (< %5) 1 BIMAS Bim Mağazalar Uygun 0,0% 0,0% 0,2% 2 EREGL Ereğli Demir Çelik Uygun 14,4% 25,3% 2,7% 3 ASELS Aselsan Uygun 9,6% 5,5% 1,5% 4 THYAO Türk Hava Yolları Uygun 18,3% 4,6% 4,3% 5 CCOLA Coca Cola İçecek Uygun 29,5% 18,4% 1,8% 6 GUBRF Gübre Fabrik. Uygun 22,7% 11,5% 0,3% 7 BERA Bera Holding Uygun 26,3% 0,0% 0,5% 8 TKFEN Tekfen Holding Uygun 14,0% 15,6% 1,2% 9 OYAKC Oyak Çimento Uygun 9,7% 6,2% -22,6% 10 PGSUS Pegasus Uygun 7,5% 12,4% 2,6% 11 EGEEN Ege Endüstri Uygun 4,3% 22,0% 2,1% 12 TTRAK Türk Traktör Uygun 30,7% 32,9% 2,3% 13 MAVI Mavi Giyim Uygun 30,2% 22,6% 1,5% 14 LOGO Logo Yazılım Uygun 7,6% 7,9% 2,8% 15 KARTN Kartonsan Uygun 0,0% 7,4% 1,8% 16 SELEC Selçuk Ecza Deposu Uygun 0,6% 10,6% 0,7% 17 ISDMR İskenderun Demir Çelik Uygun 4,9% 0,2% 1,3% 18 RTALB RTA Laboratuvarları Uygun 1,5% 0,1% 2,8% 19 CEMAS Çemaş Döküm Uygun 0,3% 17,9%
    [Show full text]
  • Strong Foundations Healthy Performance
    STRONG FOUNDATIONS HEALTHY PERFORMANCE 2019 ANNUAL REPORT 2019 ANNUAL REPORT CONTENTS Anadolu Isuzu continues its Introduction 2 CORPORATE PROFILE operations in line with its growth 4 2019 FINANCIAL AND OPERATIONAL HIGHLIGHTS 6 HIGHLIGHTS IN 2019 strategy without interruption with 12 MESSAGE FROM THE CHAIRMAN OF THE BOARD OF DIRECTORS the market diversity its product 14 MESSAGE FROM THE PRESIDENT OF THE AUTOMOTIVE GROUP 16 MESSAGE FROM THE GENERAL MANAGER portfolio provides, its marketing 20 ANADOLU ISUZU FROM PAST TO PRESENT 22 SHAREHOLDERS OF ANADOLU ISUZU competencies and the support of 26 ANADOLU ISUZU’S PRODUCT PORTFOLIO its shareholders in the light of its 42 THE ECONOMY IN TURKEY AND THE WORLD 43 OVERVIEW OF THE SECTOR strengthening financial structure. In 2019 Tuğrul Arıkan 46 IN SUMMARY General Manager 47 EXPORT ACTIVITIES 53 MARKETING AND DEALER NETWORK DEVELOPMENT ACTIVITIES 55 AFTER-SALES SERVICES 56 SUPPLY CHAIN AT ANADOLU ISUZU 58 R&D AT ANADOLU ISUZU 62 PRODUCTION 64 ANADOLU ISUZU AND THE ENVIRONMENT 67 INDUSTRY 4.0 AND DIGITALIZATION PROJECTS 69 IM GLOBAL LEADER COMPANY 71 ENERGY PERFORMANCE OF ANADOLU ISUZU 72 HUMAN RESOURCES 78 OHS/EMPLOYEE SAFETY 79 SOCIAL AWARENESS PROJECTS AT ANADOLU ISUZU Corporate Governance 82 BOARD OF DIRECTORS 87 SENIOR MANAGEMENT 90 ORGANIZATION CHART 92 INDEPENDENT AUDIT REPORT 94 OTHER INFORMATION ABOUT ACTIVITIES 102 2019 AFFILIATE REPORT 103 CORPORATE GOVERNANCE Financial Information 125 CONSOLIDATED FINANCIAL STATEMENTS FOR THE PERIOD 31 DECEMBER 2019 AND INDEPENDENT AUDITOR’S REPORT FOR
    [Show full text]
  • Finanzmarktreport
    Finanzmarktreport Ausgabe 6/2013 DenizBank AG Economic Research and Development Inhaltsverzeichnis Währungen ....................................................................................................................................................................... 2 Hauptwährungen ......................................................................................................................................................... 2 EUR/USD ....................................................................................................................................................................... 3 Staatsanleihen ................................................................................................................................................................. 3 Aktien Indizes .................................................................................................................................................................. 4 ATX ................................................................................................................................................................................ 4 Börse Istanbul (BIST) .................................................................................................................................................. 5 Rohstoffe .......................................................................................................................................................................... 6 Edelmetalle ..................................................................................................................................................................
    [Show full text]
  • Technology Fast 50 Turkey 2020 Winners Powerful Connections Fast50.Deloitte.Com.Tr 1 Deloitte Technology Fast 50 Turkey 2020 Winners | Powerful Connections Contents
    Technology Fast 50 2020 TURKEY 50 15 years of innovation Deloitte Technology Fast 50 Turkey 2020 Winners | Powerful connections Technology Fast 50 2020 TURKEY 50 15 years of innovation Technology Fast 50 Turkey 2020 Winners Powerful connections fast50.deloitte.com.tr 1 Deloitte Technology Fast 50 Turkey 2020 Winners | Powerful connections Contents Deloitte Foreword 3 Fast Facts 4 Winners List 5 2020 Big Star Awards 6 2020 Facebook Women in Tech Award 12 2020 Facebook Cross-Border Award 14 2020 Top 10 Companies 16 2020 Winners Profiles 22 Runner Ups List Winners 43 Program Partners 47 Technology Fast 50 Turkey Program 49 2 Deloitte Technology Fast 50 Turkey 2020 Winners | Powerful connections In this keystone year, I am thrilled to present This year we will be awarding for a second time, I want to extend my gratitude to Facebook for you the winners of the Fast 50 program the Cross-Border and Women in Tech special their continued cooperation and support in in Turkey. As these results will be the final awards. In addition, we added a “Runner Ups” bringing Fast 50 2020 Turkey together. pre-pandemic results, we once again see list to recognize companies in their 3rd years, an outstanding growth performance in the that are already promising great growths. I also would like to give thanks to our long- Turkish technology industry. 15 years ago, lasting NGO partners for their commitment to when Deloitte started this program in Turkey, Fast 50 program is Deloitte’s commitment the Turkish technology ecosystem. we hoped to bring the Turkish technology to a new generation of corporations that entrepreneurs to the world stage.
    [Show full text]
  • Exports Excl. F. Trac. 900 800 828 791 700 754 730 723 600 684 629
    Automotive Production excl. F.Trac. 1,400 1,200 1,189 1,126 1,000 1,095 1,073 929 937 Thousand Thousand Units 800 870 600 400 200 0 2009 2010 2011 2012 2013 2013 10 2014 10 Months Months Retail Sales 1,000 900 800 911 893 818 700 793 600 675 Thousand Thousand Units 500 576 570 400 300 200 100 0 2009 2010 2011 2012 2013 2013 10 2014 10 Months Months Exports excl. F. Trac. 900 800 828 791 700 754 730 723 600 684 629 Thousand Thousand Units 500 400 300 200 100 0 2009 2010 2011 2012 2013 2013 10 2014 10 Months Months (Units) 2010 2011 2012 2013 10M2013 10M2014 %Chg Oct-13 Oct-14 %Chg Production 1,094,557 1,189,131 1,072,978 1,125,534 928,722 936,759 0.9% 88,579 100,977 14.0% Retail sales 793,172 910,867 817,620 893,124 674,511 569,615 -15.6% 71,037 70,186 -1.2% Exports 754,469 790,966 729,923 828,471 683,679 722,518 5.7% 65,539 69,187 5.6% CUR (%) 72.2% 75.2% 67.8% 74.4% 73.7% 67.1% 70% 72% (Units) 2010 2011 2012 2013 Oct-13 Oct-14 %Chg 10M2013 10M2014 %Chg Aug-14 Aug-13 Sept-Oct% Passenger Car 603,394 639,734 577,296 633,604 51,984 62,001 19.3% 516,514 593,493 14.9% 72,120 65,199 -14.0% Commercial Vehicle 491,163 549,397 495,682 491,930 36,595 38,976 6.5% 412,208 343,266 -16.7% 44,161 46,317 -11.7% Minibus 16,978 22,475 29,335 37,750 3,201 3,331 4.1% 31,542 27,471 -12.9% 3,656 4,122 -8.9% Midibus 2,658 3,509 4,158 5,197 448 394 -12.1% 4,255 4,584 7.7% 290 550 35.9% Bus 5,268 6,907 6,427 8,345 538 435 -19.1% 7,255 5,327 -26.6% 446 734 -2.5% Pick-Up 442,408 479,110 426,633 410,556 30,094 32,363 7.5% 344,390 281,745 -18.2% 36,589 38,111 -11.5%
    [Show full text]
  • A Sectorial Analysis of Possible Information Leakages Prior to Merger and Acquisition Deals in Istanbul Stock Exchange
    A Service of Leibniz-Informationszentrum econstor Wirtschaft Leibniz Information Centre Make Your Publications Visible. zbw for Economics Sönmezer, Sıtkı Article — Published Version A Sectorial Analysis of Possible Information leakages prior to Merger and Acquisition Deals in Istanbul Stock Exchange Journal of Economics and Political Economy Suggested Citation: Sönmezer, Sıtkı (2014) : A Sectorial Analysis of Possible Information leakages prior to Merger and Acquisition Deals in Istanbul Stock Exchange, Journal of Economics and Political Economy, ISSN 2148-8347, KSP Journals, Istanbul, Vol. 1, Iss. 2, pp. 186-194, http://dx.doi.org/10.1453/jepe.v1i2.63 , http://kspjournals.org/index.php/JEPE/article/view/63 This Version is available at: http://hdl.handle.net/10419/105848 Standard-Nutzungsbedingungen: Terms of use: Die Dokumente auf EconStor dürfen zu eigenen wissenschaftlichen Documents in EconStor may be saved and copied for your Zwecken und zum Privatgebrauch gespeichert und kopiert werden. personal and scholarly purposes. Sie dürfen die Dokumente nicht für öffentliche oder kommerzielle You are not to copy documents for public or commercial Zwecke vervielfältigen, öffentlich ausstellen, öffentlich zugänglich purposes, to exhibit the documents publicly, to make them machen, vertreiben oder anderweitig nutzen. publicly available on the internet, or to distribute or otherwise use the documents in public. Sofern die Verfasser die Dokumente unter Open-Content-Lizenzen (insbesondere CC-Lizenzen) zur Verfügung gestellt haben sollten, If the documents have been made available under an Open gelten abweichend von diesen Nutzungsbedingungen die in der dort Content Licence (especially Creative Commons Licences), you genannten Lizenz gewährten Nutzungsrechte. may exercise further usage rights as specified in the indicated licence.
    [Show full text]
  • Main Heading Goes Here
    Karsan Turkey / equity / automotive Turnaround story begins in 2015 May 21, 2014 Turning into an OEM producer from contract auto manufacturer. Karsan has been MARKET OUTPERFORMER producing commercial vehicles for the world’s leading brands such as Peugeot, Renault (initiated) and Hyundai through its flexible manufacturing facilities. However, it has been suffering KARSN.IS KARSN TI from being a contract manufacturer as the profitability is very low for contract manufacturers. Eventually, Karsan has decided to become an OEM producer, producing Stock Data its own products rather than being a contract manufacturer, and taken some steps (such Current Price (TL) 1.16 as; Hyundai deal, expiry of PSA and Renault agreements, enrichment of product mix 12M Target Price (TL) 1.60 with own brands and establishing a JV with Chinese producer) to improve its profitability Upside potential 38% and balance sheet, which will start paying off in 2015. Current Mcap (TLmn) 534 Hyundai deal to ignite turnaround. Karsan signed an agreement with Hyundai Motor Free Float (FF) 34.35% Company (HMC) for the production of more than 200k light commercial vehicles FF. Mcap (TLmn) 183 between 2014-2021. According to our calculation, Karsan will generate more than TL1bn Foreign Share in FF 3.26% Report priced as of May 20, 2014 revenue from (protected by take-or pay clause) Hyundai vehicle sales in 2015 (2014E top-line: TL537mn), totaling c.TL15.7bn between 2014-2021. Relative Performance to BIST-100 Strong growth in P&L is on the way. Deriving strength from Hyundai project, 1m 3m 6m 12m profitable BredaMenarinibus sales and upcoming new product launches, we expect the 10% 5% 8% 31% company to post substantial growth in P&L as we expect revenues, EBITDA and net Avg.
    [Show full text]
  • Satınalma Ve Ted Ik Yöneticil I CPO Türkiye'de Buluşuy
    Satınalma ve Tedarik Yönetimi Zirvesi 17-19 Eylül 2020 İTO Merkez Binası Exponext Dijital Platform HİBRİT Etkinlik www.cpoturkiye.org Satınalma ve Tedik Yöneticil i CPO Türkiye’de buluşuy Düzenleyenler: Satınalma ve Tedarik Yönetimi Zirvesi 17-19 Eylül 2020 İTO Merkez Binası - Exponext Dijital Platform HİBRİT Etkinlik www.cpoturkiye.org Değerli Meslektaşlarımız; Satınalma ve Tedarik Zinciri Yönetimi alanında mesleki standartlar geliştirmek, meslektaşlarımızın güçlendirilmesi ve yeni mesleki unvanların tanımlanması ile Türkiye tedarikçi portföyünün geliştirilmesi, milli ve yerli üreticilerin desteklenerek, dışa bağımlılığın azaltılması, daha rekabetçi bir Türkiye amacıyla satınalma ve tedarik yönetimi sektörünün güçlü liderlerini bir araya getirecek olmanın mutluluğunu meslektaşlarımız ve tedarikçilerimizle paylaşmak istiyoruz. CPO Türkiye; Satınalma ve Tedarik Yönetimi Zirvesi ile deneyimli satınalmacılarla, bu meslekte yeni ve genç meslektaşlarımızı aynı platformda buluşturup, bilgi ve deneyim paylaşımı ile yeni teknoloji ve trendlerin tanıtılması bu etkinliğin başlıca çıktısı olacaktır. Bu arada satınalma ve tedarik zinciri yönetimiyle ilgili sektörel çalıştaylarla, tedarik yönetiminin tüm taraflarını aynı masa etrafında bir araya getirerek, meslektaşlarımız, tedarikçilerimiz ve temsil ettiğimiz kurumların yararına ortak tutum geliştirmeyi de TÜSMOD olarak önemli buluyoruz. Pandemi sonrası yeni normalde gerçekleştireceğimiz zirvede “Sürdürülebilir ekonomik gelişimde yerli ve milli olmanın önemi” teması ile tüm satınalmacılarla tedarikçi
    [Show full text]
  • Mori Ottoman Fund
    31 MAY 2018 | FUND FACTSHEET Mori Ottoman Fund Fund Objective Investment Process The Fund seeks long-term capital appreciation through investment primarily in a portfolio of Emerging European securities. The Fund may also invest opportunistically Middle East and North Africa region securities from time to time. • Bottom-up stock picking The Fund manager specialises in investment in Emerging Europe and uses a bottom-up approach that incorporates • In-house qualitative and quantitative both stock and sector views. The stock-picking style uses proprietary valuation models, target prices, stock market proprietary valuation database capitalisation, liquidity and view on management’s quality. • Unconstrained, non-benchmark • Active Beta management (1) Cash Historical Performance1 (Since Inception to 31 May 2018, EUR A-Share Class) management (2) Opportunistic use of futures, options and FX hedging MSCI EM Europe 10/40 Net TR EUR Mori Ottoman Fund • Disciplined “sell” process 60% 30% Fund Summary 0% Fund Type UCITS RETURN -30% Domicile Dublin -60% Currency EUR January January January January January January January January January January January January January MSCI EM Europe 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 Index 10/40 Index 2 Aziz Unan 5-Year Rolling Returns (Since Inception to 31 May 2018, EUR A-Share Class) Fund Manager (Since inception) Launch Date 3 January 2006 120% OUT-PERFORMANCE AuM EUR 40.5m 80% 40% Portfolio Characteristics UNDER-PERFORMANCE FUND 0% Fund Index MSCI EM Europe 10/40 NET TR -40% (%)
    [Show full text]
  • Aktif Bank Presentation
    1H 2015 Presentation Aktif Bank at a Glance 2 Aktif Bank-The Biggest Privately Owned Investment Bank of Turkey Aktif Bank with its ‘New Generation Banking’ concept achieved to be a platform integrated to thousands of customer touch points in which financial & non-financial products are being served The Bank invested in various lines of retail sector and achieved remarkable growth rates 99 folds asset growth since 2007 16.1 K (Asset Size= 2007: TL 67 Mn, 2015 Q1: TL 6.5 Bn) Customer Touch Despite ongoing investments, strong revenue generation & above sector Points profitability ratios Unrivaled strategic positioning thanks to investments in diversified and complementary businesses in various retail based sectors TL 6.5 Bn Branchless but the widest distribution network – 16.1 K customer touch points Total Assets Significant exclusivities in areas like transportation, sports & entertainment, insurance, N’Kolay Points and cash registry business 71 international reputable awards in last four years for its innovative products, 73 channels and solutions International Awards in 4 Years Solid Balance Sheet Growth… Heavy investments on human capital & technology Asset size (TL Mn) 6.551 6.260 CAGR 5.104 Asset size grew 98 times 3.520 from 2006 to 2015Q2 ! 2.553 1.479 578 67 112 252 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 Q2 Total Loans (TL Mn) 4.030 3.969 3.585 Climbed to 23rd place in CAGR terms of asset size from 2.367 1.676 42nd just in 8 years! 722 297 41 75 118 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 Q2 …Without
    [Show full text]
  • 2010-2-245 (Önaraştırma) Karar Sayısı : 10-69/1450-550 Karar Tarihi : 4.11.2010
    Rekabet Kurumu Başkanlığından, REKABET KURULU KARARI Dosya Sayısı : 2010-2-245 (Önaraştırma) Karar Sayısı : 10-69/1450-550 Karar Tarihi : 4.11.2010 A. TOPLANTIYA KATILAN ÜYELER 10 Başkan : Prof. Dr. Nurettin KALDIRIMCI Üyeler : Doç. Dr. Mustafa ATEŞ, Mehmet Akif ERSİN, İsmail Hakkı KARAKELLE, Doç. Dr. Cevdet İlhan GÜNAY, Murat ÇETİNKAYA, Reşit GÜRPINAR B. RAPORTÖRLER : Ümit Nevruz ÖZDEMİR, Sinan ÇÖRÜŞ, Hatice YAVUZ C. BAŞVURUDA : - Re’sen BULUNAN 20 D. HAKKINDA İNCELEME YAPILAN: - Turkcell İletişim Hizmetleri A.Ş. Meşrutiyet Cad. No:71 Tepebaşı/İstanbul E. DOSYA KONUSU: Turkcell’in İşteKazan Programı kapsamındaki uygulamalarının 4054 sayılı Kanun’un 6. maddesi kapsamında değerlendirilmesi. F. DOSYA EVRELERİ: Rekabet Kurumu kayıtlarına 21.4.2010 tarih ve 3273 sayı ile 30 intikal eden ve Petrol Ofisi A.Ş.’nin, Turkcell ile imzaladığı “Turkcell & Petrol Ofisi İşbirliği Kampanyası” Sözleşmesi’ne muafiyet verilmesine yönelik başvurusu üzerine Turkcell’in İşteKazan Programı kapsamında benzer başka kampanyalar düzenlediği tespit edilmiştir. Turkcell’in söz konusu programı kapsamındaki uygulamalarının incelenmesi amacıyla konuyla ilgili olarak hazırlanan 17.9.2010 tarih ve 2010-2- 124/BN-10-372.ÜNÖ sayılı Bilgi Notu 4.11.2010 tarih ve 10-69 sayılı Kurul toplantısında görüşülerek önaraştırma yapılmasına karar verilmiştir. İlgili karar uyarınca yapılan inceleme sonucunda düzenlenen 25.10.2010 tarih ve 2010-2- 245/ÖA-10-372.ÜNÖ sayılı Önaraştırma Raporu 28.10.2010 tarih ve REK.0.06.00.00-110/523 sayılı Başkanlık önergesi ile 10-69 sayılı Kurul toplantısında 40 görüşülerek karara bağlanmıştır. G. RAPORTÖRLERİN GÖRÜŞÜ: İlgili raporda; 1. Dosya konusu uygulamalara yönelik olarak 4054 sayılı Kanun’un 41. maddesi uyarınca soruşturma açılmasına gerek olmadığı, 2.
    [Show full text]
  • New Member of Anadolu Isuzu
    Kurum/Şirket içi New Member of Anadolu Isuzu Kurum/Şirket içi Kurum/Şirket içi New Member of Anadolu Isuzu Kurum/Şirket içi Kurum/Şirket içi Content GRAND TORO: Grand Member of Family . Ambition behind Grand TORO . Value . Design & Comfort . Design & Comfort for Drivers . Design & Comfort for Passangers . Performance . Functionality . Safety . Extras & Packages Kurum/Şirket içi Kurum/Şirket içi Meet The GRAND GRAND TORO; All new, dynamic & fascinating… • 2020 & BEYOND Design Concept • Front Engine Platform • 8,5 Meter Length & Up to 37 Seats • Up to 37 Seats 6 Standing People for Class 2 Kurum/Şirket içi Kurum/Şirket içi Meet The GRAND ANADOLU ISUZU introduces all new and dynamic look in new models called 2020 & Beyond. New and astonishing design combined with many interior and exterior features Kurum/Şirket içi Kurum/Şirket içi Meet The GRAND It is GRAND in terms of dimensions and capacity Specifications Grand TORO Turquoise Novo Ultra Length (mm) 8514 7720 7305 Width (mm) 2330 2320 2282 Height (mm) 3347 3330 3350 Wheelbase (mm) 4475 3815 3385 GWV (kg) 11480 10400 9800 Tyres 245/70 R17.5 215/75 R17.5 215/75 R17.5 Passengers Capacity 37 33 29 Luggage Capacity (m³) 4.6 3.6 3.1 Kurum/Şirket içi Kurum/Şirket içi It is GRAND in terms of competition… Grand TORO Sultan Mega / Navigo T Star ADL INDCAR ISUZU Otokar KARSAN ADL PLAXTON INDCAR Dimensions Grand TORO Mega- Navigo T Star CHEETAH XL NEXT Length (mm) 8514 8475 8315 9600 8860 Width (mm) 2330 2265 2436 2500 2500 Height (mm) 3347 3345 3150 3450 3340 Engine Cummins 4.5 Cummins 4.5 Lt FPT
    [Show full text]