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MPS Preview: High for Longer

Earnings Prognosis: OGDC to report decent gains for last quarter

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February 22, 2019 (MLN):  Oil and Gas Development Company (OGDC)’s board of directors meeting is currently underway where the company is expected to review and finalize its financial statement for the period ended December 2018.

The following brokerage houses have shared their projections of the company’s net gains for the last quarter and the cumulative period:

Brokerage House

2QFY19

EPS (% change over year)

1HFY19

EPS (% change over year)

Arif Habib Limited

Rs.28.1 billion

Rs.6.53 (+43%)

Rs.54.8 billion

Rs.12.75 (+50%)

Pearl Securities

Rs.28.5 billion

Rs.6.62 (+45%)

Rs.55.2 billion

Rs.12.83 (+51%)

Ismail Iqbal

Rs.28.9 billion

Rs.6.71 (+47%)

Rs.55.6 billion

Rs.12.93 (+52%)

Next Capital

Rs.29.8 billion

Rs.6.9 (+52%)

Rs.56.36 billion

Rs.13.1 (+54%)

IGI Securities

Rs.26.98 billion

Rs.6.27 (+37%)

Rs.53.7 billion

Rs.12.49 (+46%)

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Posted on: 2019-02-22T10:40:00+05:00

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