Positive

⏸️ MUREB: HOLD Signal (6/10) – ORDINARY RESOLUTIONS PASSED IN THE ANNUAL GENERAL MEETING HELD ON OCTOBER 24, 2025.

⚡ Flash Summary

Murree Brewery’s Annual General Meeting on October 24, 2025, approved the annual audited financial statements for the year ended June 30, 2025. A final cash dividend of 145% (Rs. 14.50 per share) was approved, in addition to the interim cash dividends of 270% (Rs. 27 per share). This brings the total cash dividend for the year to 415%. KPMG Taseer Hadi & Co. will continue as auditors until the conclusion of the next AGM.

Signal: HOLD ⏸️
Strength: 6/10
Sentiment: POSITIVE
Time Horizon: MEDIUM_TERM

📌 Key Takeaways

  • ✅ Annual audited financial statements for the year ended June 30, 2025, approved.
  • 💰 Final cash dividend of 145% (Rs. 14.50/share) approved.
  • 💵 Interim cash dividends of 270% (Rs. 27/share) already paid.
  • 🎉 Total cash dividend for the year ended June 30, 2025, is 415%.
  • 👨‍💼 KPMG Taseer Hadi & Co. re-appointed as auditors.
  • 🗓️ Auditors’ term extends to the conclusion of the next AGM.
  • 📈 Dividend payout reflects company’s financial health.
  • 👍 Shareholder approval indicates confidence in management.
  • 🍺 Consistent dividend policy maintained.
  • 🔒 No major changes in auditors indicates stability.
  • 🔍 Detailed financial statements available for review.
  • 📢 AGM held in compliance with Pakistan Stock Exchange regulations.
  • 📜 Resolutions passed as per the Rule Book of Pakistan Stock Exchange

🎯 Investment Thesis

HOLD. Murree Brewery’s consistent dividend policy and strong financial performance make it an attractive investment. However, potential market and regulatory risks suggest a cautious approach. A price target cannot be accurately determined without detailed financial statements and further analysis. Given the information available, a HOLD recommendation is appropriate.

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Disclaimer: AI-generated analysis. Not financial advice.

Written by: FoxLogica News Analysis

Published on: November 7, 2025

⏸️ MTL: HOLD Signal (6/10) – CERTIFIED COPY OF RESOLUTIONS PASSED IN 62ND AGM

⚡ Flash Summary

Millat Tractors Limited (MTL) held its 62nd Annual General Meeting on October 24, 2025, where resolutions were passed including the approval of financial statements for the year ended June 30, 2025. A final cash dividend of Rs. 15.00 per share (150%) was approved, in addition to an interim dividend of Rs. 45.00 per share (450%) already paid, resulting in a total dividend of Rs. 60.00 per share (600%). A.F. Ferguson, Chartered Accountants, Lahore were appointed as auditors for the year ending June 30, 2026. Transactions with subsidiary/associated companies were ratified and the Chief Executive was authorized to approve future transactions with these entities.

Signal: HOLD ⏸️
Strength: 6/10
Sentiment: POSITIVE
Time Horizon: MEDIUM_TERM

📌 Key Takeaways

  • ✅ AGM: 62nd Annual General Meeting held on October 24, 2025.
  • 💰 Dividend: Final cash dividend of Rs. 15.00 per share (150%) approved.
  • 💸 Total Dividend: Cumulative dividend of Rs. 60.00 per share (600%).
  • 🧾 Financials: Audited financial statements for the year ended June 30, 2025, adopted.
  • 👨‍💼 Auditor Appointment: A.F. Ferguson appointed as auditors for the year ending June 30, 2026.
  • 🏢 Audit Fee: Audit fee set at Rs. 5,280,000 for the year ending June 30, 2026.
  • 📊 Review Fee: Half-year review report fee at Rs. 1,210,000.
  • 📜 Other Fees: Special reports and trademark verification fees at Rs. 330,000 each.
  • 🤝 Related Party Transactions: Transactions with subsidiaries/associated companies ratified.
  • ✔️ Approval Authority: CEO authorized to approve transactions with subsidiaries.
  • 📦 Component Purchases: Purchases from TIPEG Intertrade DMCC: Rs. 411,202,941.
  • 🏭 Component Purchases: Purchases from Millat Industrial Products Limited: Rs. 358,516,691.
  • 🔩 Component Purchases: Purchases from Bolan Castings Limited: Rs. 1,717,825,523.
  • 🏢 Registered Office: Meeting held at 9 K.M Sheikhupura Road, Shahdara, Lahore.

🎯 Investment Thesis

Based on the information provided, a HOLD recommendation is appropriate. The company has demonstrated strong financial performance by approving a substantial dividend. Further analysis of the company’s financial statements is necessary to determine whether to upgrade to a BUY or downgrade to a SELL. A price target cannot be determined without further financial information. Time horizon: Medium Term.

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Disclaimer: AI-generated analysis. Not financial advice.

Written by: FoxLogica News Analysis

Published on: November 7, 2025

📈 PAKT: BUY Signal (7/10) – Financial Results for the Quarter Ended 2025-09-30

⚡ Flash Summary

Pakistan Tobacco Company Limited (PAKT) announced its financial results for the quarter ended September 30, 2025. The company declared a fifth interim cash dividend of Rs. 20.00 per share, amounting to 200%, in addition to previously paid interim dividends of Rs. 130.00 per share. Net turnover for the nine months ended September 30, 2025, increased to Rs. 102.548 billion compared to Rs. 88.119 billion in the corresponding period of 2024. The company reported a profit for the period of Rs. 24.518 billion for the nine months ended September 30, 2025, compared to Rs. 19.914 billion for the same period in 2024.

Signal: BUY 📈
Strength: 7/10
Sentiment: POSITIVE
Time Horizon: MEDIUM_TERM

📌 Key Takeaways

  • 💰 Fifth interim cash dividend declared at Rs. 20.00 per share (200%) for the year ending December 31, 2025.
  • 💵 Additional interim dividends already paid at Rs. 130.00 per share (1300%).
  • 📊 Net turnover increased to Rs. 102.548 billion for the nine months ended September 30, 2025, from Rs. 88.119 billion in 2024.
  • 📈 Gross profit rose to Rs. 52.418 billion from Rs. 42.060 billion year-over-year.
  • Operating profit increased from Rs. 30.862 billion to Rs. 40.463 billion YoY.
  • 💹 Profit before income tax increased to Rs. 41.557 billion for the nine months ended September 30, 2025, from Rs. 35.615 billion in 2024.
  • ✅ Profit for the period increased to Rs. 24.518 billion from Rs. 19.914 billion YoY.
  • 💸 Basic and diluted earnings per share increased from Rs. 77.95 to Rs. 95.96.
  • 🚫 No bonus or rights shares declared.
  • 🗓️ Share book transfer will be closed from November 3rd to 5th, 2025.
  • 🏦 Stock-in-trade increased to Rs. 55.419 billion as of September 30, 2025, compared to Rs. 48.842 billion at the end of 2024.
  • 🏦 Cash and bank balances decreased to Rs. 6.034 billion from Rs. 13.303 billion at the end of 2024.
  • ⬆️ Total comprehensive income for the period increased from 19.815 billion to 24.655 billion YoY.
  • Tax expense increased from (15.701) billion to (17.039) billion YoY.
  • The company continues to distribute substantial profits as dividends.

🎯 Investment Thesis

Based on the positive financial performance, particularly the increase in revenue, profitability, and EPS, along with a substantial dividend payout, a BUY recommendation is justified for Pakistan Tobacco Company (PAKT). The company’s ability to grow its earnings and provide returns to shareholders makes it an attractive investment. However, attention should be paid to increased tax expenses and decreased cash balances. The price target should be set based on detailed valuation analysis, considering future growth prospects and industry comparisons. The time horizon is MEDIUM_TERM, expecting the stock to appreciate based on sustained financial performance.

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Disclaimer: AI-generated analysis. Not financial advice.

Written by: FoxLogica News Analysis

Published on: November 7, 2025

⏸️ KOHTM: HOLD Signal (6/10) – Certified Copy of Resolutions Passed in Annual General Meeting

⚡ Flash Summary

Kohat Textile Mills Limited held its Annual General Meeting on October 24, 2025, where key resolutions were passed. Shareholders approved the annual audited financial statements for the year ended June 30, 2025. A final cash dividend of 10% (Re. 1 per share) was approved in addition to the Re. 1 interim dividend already paid. M/s Shinewing Hameed Chaudhri & Co. were re-appointed as external auditors for the company.

Signal: HOLD ⏸️
Strength: 6/10
Sentiment: POSITIVE
Time Horizon: MEDIUM_TERM

📌 Key Takeaways

  • ✅ Annual Audited Financial Statements for the year ended June 30, 2025, were approved.
  • 💰 A final cash dividend of 10% (Re. 1 per share) was approved.
  • 💵 An additional Re. 1 interim dividend was previously paid.
  • 🗓️ Dividend payable to members registered as of October 17, 2025.
  • 🧑‍💼 M/s Shinewing Hameed Chaudhri & Co. re-appointed as external auditors.
  • 🤝 Auditors to hold office until the conclusion of the next AGM.
  • 🏢 Company authorized to share common expenses with associated companies like M/s Saif Textile Mills Limited.
  • 💸 Common expenses include rent, salaries, utilities, and maintenance.
  • ✔️ Related party transactions for the year ended June 30, 2025, ratified and approved.
  • ✍️ Chief Executive authorized to execute related party transactions until June 30, 2026.
  • 📜 CEO authorized to execute necessary documents related to these transactions.

🎯 Investment Thesis

HOLD. Based on the announcement, the company is maintaining its dividend policy and auditor appointments, signaling stability. More detailed financial analysis is needed to form a stronger BUY/SELL recommendation. Price Target: To be determined based on full financial statement analysis. Time Horizon: Medium Term.

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Disclaimer: AI-generated analysis. Not financial advice.

Written by: FoxLogica News Analysis

Published on: November 7, 2025

⏸️ MCBIM-FUNDS: HOLD Signal (6/10) – ALHAMRA ISLAMIC MONEY MARKET FUND (ALHIMMF) Daily Dividend Distribution for 23-OCT-25

⚡ Flash Summary

The ALHAMRA Islamic Money Market Fund (ALHIMMF), managed by MCB Investment Management Limited, has announced a daily dividend distribution of Re. 0.0241 per unit for October 23, 2025. This dividend will be paid to unit holders registered at the close of business on that date. The announcement was made on October 24, 2025, by Muhammad Rehan Khan, the Company Secretary. This payout reflects the fund’s performance and commitment to providing returns to its investors.

Signal: HOLD ⏸️
Strength: 6/10
Sentiment: POSITIVE
Time Horizon: MEDIUM_TERM

📌 Key Takeaways

  • 💰 ALHIMMF declares daily dividend distribution.
  • 📅 Record date for dividend: 23-OCT-25.
  • 💸 Dividend per unit: Re. 0.0241.
  • 🏢 Managed by MCB Investment Management Limited.
  • 📜 Announcement date: 24-OCT-25.
  • 👤 Announced by Company Secretary Muhammad Rehan Khan.
  • 📈 Daily dividend indicates regular income for investors.
  • ✅ Approved by Board of Directors.
  • 🏦 Fund is an Islamic money market fund.
  • 📍 Registered unit holders will receive the payout.
  • ℹ️ Information for investors in Karachi and Pakistan Stock Exchange.
  • 🕒 Payout is for unit holders at close of 23-OCT-25.

🎯 Investment Thesis

HOLD. While the daily dividend distribution is positive, a comprehensive analysis of the fund’s portfolio, expense ratio, and benchmark performance is needed. The relatively small dividend payment suggests a conservative investment strategy. A HOLD recommendation is appropriate until a more detailed review can be conducted.

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Disclaimer: AI-generated analysis. Not financial advice.

Written by: FoxLogica News Analysis

Published on: November 7, 2025

⏸️ AHCL: HOLD Signal (6/10) – Certified Copy of Resolutions passed in Annual General Meeting held on 24th October 2025

⚡ Flash Summary

Arif Habib Corporation Limited (AHCL) held its 31st Annual General Meeting on October 24, 2025, where shareholders approved the annual audited financial statements for the year ended June 30, 2025. A final cash dividend of Re. 1 per share (100% of face value) was approved, as recommended by the Board of Directors. The meeting also saw the reappointment of A. F. Ferguson & Co. as external auditors for the year ending June 30, 2026. Special resolutions related to transactions with related parties were passed, and a fresh limit of additional investment of Rs. 1,000 Million was approved for REIT schemes managed by Arif Habib Dolmen REIT Management Ltd.

Signal: HOLD ⏸️
Strength: 6/10
Sentiment: POSITIVE
Time Horizon: MEDIUM_TERM

📌 Key Takeaways

  • 🗓️ AGM held on October 24, 2025, at Stock Exchange Building, Karachi.
  • ✅ Annual audited financial statements for the year ended June 30, 2025, were adopted.
  • 🤝 Resolutions passed for special businesses related to related party transactions and investments.
  • ✔️ Minutes of the Extra-Ordinary General Meeting held on September 22nd, 2025 were approved.
  • 💰 Final Cash Dividend of Re. 1 per share (100% of face value) approved for the year ended June 30, 2025.
  • 🏢 A. F. Ferguson & Co. reappointed as external auditors for the year ending June 30, 2026.
  • ✍️ Board authorized to fix the remuneration of external auditors for the year ending June 30, 2026.
  • 💼 Transactions with related parties approved as disclosed in the audited financial statements for the year ended June 30, 2025.
  • 🏦 Board authorized to approve related party transactions for the financial year ending June 30, 2026.
  • 💸 Rs. 1,000 Million fresh limit approved for REIT Schemes managed by Arif Habib Dolmen REIT Management Ltd.
  • 🔄 Renewal of unutilized equity investment limits in associated companies approved.
  • 🏢 Unutilized equity portion of PKR 2,059 million for Javedan Corporation Ltd.
  • 🏢 Unutilized equity portion of PKR 500 million for Arif Habib Ltd.
  • 🏢 Unutilized equity portion of PKR 2,800 million for Fatima Fertilizer Company Ltd.
  • Authorization granted to Chief Executive and/or directors for necessary actions related to the resolutions.

🎯 Investment Thesis

Based on the limited information, a HOLD recommendation is appropriate. The dividend approval is positive, but more comprehensive financial analysis is needed. A price target and time horizon cannot be accurately determined without further information on the company’s financial performance and future prospects. The company’s involvement in REIT schemes and associated companies requires careful evaluation of their potential impact on overall performance.

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Disclaimer: AI-generated analysis. Not financial advice.

Written by: FoxLogica News Analysis

Published on: November 7, 2025

📈 NITGETF: BUY Signal (8/10) – Announcement

⚡ Flash Summary

NIT Pakistan Gateway Exchange Traded Fund (NIT-PGETF) reported its unaudited condensed interim financial statements for the quarter ended September 30, 2025. The fund’s net income for the period stood at PKR 40.859 million, a significant increase from PKR 2.431 million in the same quarter last year. Total assets increased to PKR 162.954 million, while net assets reached PKR 162.046 million. The net asset value (NAV) per unit increased to PKR 34.9994 from PKR 26.1742 as of June 30, 2025.

Signal: BUY 📈
Strength: 8/10
Sentiment: POSITIVE
Time Horizon: MEDIUM_TERM

📌 Key Takeaways

  • 📈 Net income for the quarter soared to PKR 40.859 million, up from PKR 2.431 million YoY.
  • 💰 Total assets grew to PKR 162.954 million from PKR 110.156 million.
  • ✨ Net asset value per unit increased to PKR 34.9994 from PKR 26.1742.
  • 📊 Dividend income increased to PKR 2.142 million from PKR 1.826 million YoY.
  • 🚀 Gain on sale of investments reached PKR 478k compared to a loss of PKR 1k last year.
  • 💼 Net unrealized appreciation on investments was PKR 36.880 million versus PKR 894k YoY.
  • 🏦 Mark-up/return on bank deposits decreased slightly to PKR 38k from PKR 71k YoY.
  • 📉 Operating expenses increased to PKR 541k from PKR 359k YoY.
  • 💸 Net cash flow used in operating activities was (PKR 13.220) million, compared to (PKR 692k) YoY.
  • 💸 Net cash flow generated from financing activities improved to PKR 13.902 million from PKR 1.075 million YoY.
  • 🏦 Cash and cash equivalents increased to PKR 2.007 million from PKR 1.811 million YoY.
  • ✅ Issue of 570,000 units versus 80,000 units in 2024 added PKR 17.315 million to the fund.
  • ❌ Redemption of 110,000 units versus 20,000 units in 2024 reduced the fund by PKR (3.413) million.

🎯 Investment Thesis

BUY. The fund is showing positive financial results. Net income has grown substantially YoY. The fund’s NAV per unit has seen meaningful growth. A price target of PKR 40.00 per unit is reasonable within a 12-month time horizon.

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Disclaimer: AI-generated analysis. Not financial advice.

Written by: FoxLogica News Analysis

Published on: November 7, 2025

⏸️ JKSM: HOLD Signal (6/10) – Certified Resolution(s) passed in the 39th Annual General Meeting of J. K. Spinning Mills Limited

⚡ Flash Summary

J.K. Spinning Mills Limited held its 39th Annual General Meeting on October 24, 2025, where shareholders approved the audited financial statements for the year ended June 30, 2025. Riaz Ahmad and Company were appointed as external auditors for the year 2025-26. A final cash dividend of Rs. 2 per share, or 20%, was approved for ordinary shareholders, excluding Directors, the CEO, their spouses, and close relatives. The board was also authorized to approve related party transactions on a case-to-case basis for the financial year ending June 30, 2026.

Signal: HOLD ⏸️
Strength: 6/10
Sentiment: POSITIVE
Time Horizon: MEDIUM_TERM

📌 Key Takeaways

  • ✅ Audited financial statements for the year ended June 30, 2025, were approved.
  • 👨‍💼 Riaz Ahmad and Company appointed as external auditors for the year 2025-26.
  • 💰 Final cash dividend of Rs. 2 per share (20%) approved for eligible shareholders.
  • 👨‍💼 CEO and Company Secretary authorized to facilitate dividend payment.
  • 🏢 Transactions with related parties ratified for the year ended June 30, 2025, as per Note 42.
  • 🤝 Board authorized to approve related party transactions on a case-to-case basis for FY 2026.
  • 🗓️ Related party transactions will be presented for formal ratification in the next AGM.
  • 📍 AGM held on October 24, 2025, at 29 K.M, Sheikhupura Road, Khurrianwala, Faisalabad.
  • 📜 Resolutions adopted with or without modification by the shareholders.
  • 🏢 J.K. Spinning Mills is associated with J. K. Power Ltd, J. K. Agriculture Farms, J. K. Tech, and Fine Fabrics.
  • 🌐 Company can be reached at jkgroup@jkgroup.net and http://www.jkgroup.net

🎯 Investment Thesis

HOLD. The company’s dividend payout is a positive sign, but the need to carefully monitor related party transactions suggests caution. Further analysis of financial performance is needed before making a stronger recommendation. A more detailed financial review is warranted before changing this recommendation.

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Disclaimer: AI-generated analysis. Not financial advice.

Written by: FoxLogica News Analysis

Published on: November 7, 2025

⏸️ OLPL: HOLD Signal (6/10) – Certified True Copies Of The Resolutions Passed In The 39th Annual Gneral Meeting

⚡ Flash Summary

OLP Financial Services Pakistan Limited held its 39th Annual General Meeting on October 24, 2025. The shareholders approved the audited financial statements for the year ended June 30, 2025. A final cash dividend of PKR 3.5 per share (35%) for the year ended June 30, 2024, was approved, in addition to the already paid interim dividend of PKR 2 per share (20%). KPMG Taseer Hadi & Co. were re-appointed as the external auditors for the year ending June 30, 2026.

Signal: HOLD ⏸️
Strength: 6/10
Sentiment: POSITIVE
Time Horizon: MEDIUM_TERM

📌 Key Takeaways

  • ✅ AGM approved audited financial statements for the year ended June 30, 2025.
  • 💰 Final cash dividend of PKR 3.5 per share (35%) approved for FY2024.
  • 💵 Interim cash dividend of PKR 2 per share (20%) already paid.
  • 🤝 Total dividend for FY2024 is PKR 5.5 per share (55%).
  • 🏢 KPMG Taseer Hadi & Co. re-appointed as external auditors for FY2026.
  • 🗓️ Next audit period will end on June 30, 2026.
  • 👍 Board authorized to fix auditor remuneration.
  • 📜 Resolutions passed in compliance with PSX regulations.
  • 📅 AGM held on October 24, 2025.
  • 🏦 OLP Financial Services Pakistan Limited (formerly ORIX Leasing Pakistan Limited) conducted the meeting.
  • 📍 Meeting held in Karachi, Pakistan.
  • ✔️ Nadeem Amir Ali, Company Secretary, certified the resolutions.
  • 📊 Dividend payout indicates confidence in the company’s financial performance.

🎯 Investment Thesis

HOLD. The dividend payout is a positive sign, and the re-appointment of the auditor ensures continued financial oversight. The total dividend of PKR 5.5 is attractive, however a deeper dive into the financial results is required to see if the company is investable at the current share price. Until further data is available, a hold strategy is appropriate. Without access to the Audited Financial Statements, it is not possible to provide a price target. The time horizon is medium-term.

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Disclaimer: AI-generated analysis. Not financial advice.

Written by: FoxLogica News Analysis

Published on: November 7, 2025

📈 786: BUY Signal (8/10) – Transmission of Quarterly Report for the Period Ended September 30, 2025

⚡ Flash Summary

786 Investments Limited reported a strong financial performance for the quarter ended September 30, 2025. Total income increased to PKR 26.04 million, up from PKR 19.20 million in the corresponding period of 2024, driven by net realized and unrealized gains on investments. Operating profit rose to PKR 14.57 million from PKR 9.73 million, and profit after tax significantly improved to PKR 12.77 million from PKR 8.13 million. Earnings per share (EPS) increased to PKR 0.85 from PKR 0.54 in the previous year, reflecting operational efficiency and sound financial management.

Signal: BUY 📈
Strength: 8/10
Sentiment: POSITIVE
Time Horizon: MEDIUM_TERM

📌 Key Takeaways

  • 📈 Revenue surged to PKR 26.04 million, a notable increase from PKR 19.20 million in the same quarter last year.
  • 💰 Net realized gain on investments reached PKR 13.33 million, contributing significantly to the income growth.
  • 📊 Net unrealized gain on revaluation of investments totaled PKR 5.97 million, further boosting the financial results.
  • 💼 Remuneration from funds under management increased to PKR 5.98 million, compared to PKR 4.91 million last year.
  • 🏢 Administrative and operating expenses rose to PKR 11.07 million due to increased operational activities and business expansion.
  • 📉 Financial charges decreased to PKR 0.40 million, down from PKR 0.70 million in September 2024.
  • 💪 Operating profit jumped to PKR 14.57 million, up from PKR 9.73 million in the corresponding period last year.
  • ✅ Profit after tax soared to PKR 12.77 million, a significant improvement from PKR 8.13 million reported last year.
  • ⭐ Earnings per share (EPS) increased to PKR 0.85, up from PKR 0.54 in the previous year.
  • 🌐 Pakistan’s total liquid foreign exchange reserves stood at USD 19.79 billion as of September 30, 2025.
  • 🏦 SBP’s reserves amounted to USD 14.42 billion, while commercial banks’ reserves remained at USD 5.39 billion.
  • 👍 Company acknowledged shareholders, customers, the dedicated team, and regulatory authorities for their contributions.

🎯 Investment Thesis

Given the strong financial performance, improved profitability, and increased EPS, a BUY recommendation is warranted. The company demonstrates effective financial management and growth potential. Price target should be re-evaluated based on complete financial statements, including balance sheet and cash flow analysis.

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Disclaimer: AI-generated analysis. Not financial advice.

Written by: FoxLogica News Analysis

Published on: November 7, 2025

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