Strength-6 - FoxLogica

ALFALAH-FUNDS announcements Signal: HOLD

⏸️ ALFALAH-FUNDS: HOLD Signal (6/10) – Alfalah Islamic Rozana Amdani Fund – Daily Dividend Distribution

⚡ Flash Summary

Alfalah Islamic Rozana Amdani Fund (AIRAF) has announced a daily dividend distribution of Re. 0.0262 per unit to its unit holders. The dividend will be paid to those unit holders whose names appear in the unit holder register at the close of November 18, 2025. This announcement was made by Alfalah Asset Management Limited on November 18, 2025. The fund’s daily dividend distribution aims to provide regular income to its investors.

Signal: HOLD ⏸️

Strength: 6/10

Sentiment: POSITIVE

Time Horizon: MEDIUM_TERM

📌 Key Takeaways

📅 Announcement Date: November 18, 2025
🏢 Fund: Alfalah Islamic Rozana Amdani Fund (AIRAF)
💰 Dividend per unit: Re. 0.0262
🗓️ Record Date: November 18, 2025
✅ Approved by: Chief Executive on behalf of the Board of Directors of Alfalah Asset Management Limited
📜 Type: Daily Dividend Distribution
🏦 Management Company: Alfalah Asset Management Limited
📍 Location: Pakistan Stock Exchange, Karachi
🎯 Objective: To distribute regular income to unit holders
📅 Fiscal Year End: June 30, 2026

🎯 Investment Thesis

HOLD. The announcement of a daily dividend distribution is a positive signal for investors seeking regular income. However, a comprehensive assessment of the fund’s overall performance and risk profile is needed to make a Buy/Sell recommendation. Without a clear comparison to prior periods or sector benchmarks, it’s prudent to maintain a HOLD stance.

View Original PDF

Disclaimer: AI-generated analysis. Not financial advice.

Written by: FoxLogica News Analysis

Published on: November 21, 2025

announcements Signal: HOLD

⏸️ LPL: HOLD Signal (6/10) – Public Announcement For Buy-Back of Shares by Lalpir Power Limited

⚡ Flash Summary

Lalpir Power Limited has announced a buy-back of its shares, according to the Listed Companies (Buy-Back of Shares) Regulations, 2019. The company intends to purchase up to 100 million ordinary shares, representing 26.33% of the total outstanding shares. The buy-back is scheduled to commence on November 28, 2025, and will continue until May 15, 2026, or until the purchase is complete, whichever is earlier. The purpose of the buy-back is for the cancellation of shares, which could potentially increase the value of the remaining shares.

Signal: HOLD ⏸️

Strength: 6/10

Sentiment: POSITIVE

Time Horizon: MEDIUM_TERM

📌 Key Takeaways

📢 Lalpir Power Limited announces buy-back of shares.
🗓️ Buy-back adheres to the Listed Companies (Buy-Back of Shares) Regulations, 2019.
🎯 Target: Up to 100,000,000 ordinary shares.
📊 This represents 26.33% of the total outstanding shares.
✔️ Purpose: Cancellation of Shares.
🗓️ Commencement Date: November 28, 2025.
⏳ Duration: November 28, 2025, to May 15, 2026, or earlier if completed.
🏢 Securities Exchange: Pakistan Stock Exchange Limited.
👤 Authorized Officer: Mr. Khalid Mahmood Chohan, Company Secretary.
📞 Contact: +92 42 111 11 33 33, kchohan@lalpir.com.
🤝 Contact Person for Queries: Mr. Tanvir Khalid, Incharge Finance and Accounts.
📧 Contact email: tanvir@nishatpower.com.
📍 Registered Office: Nishat House, 53-A, Lawrence Road, Lahore.
🌐 Website: www.lalpir.com.

🎯 Investment Thesis

Given the limited information available, a HOLD recommendation is appropriate. The buy-back announcement is a positive signal, but more information is needed to determine the intrinsic value of the shares. A price target cannot be accurately estimated without financial data. The time horizon for this recommendation is medium-term (6-12 months), pending further analysis of the company’s performance and the impact of the buy-back on shareholder value. If further financial analysis reveals strength, the recommendation could move to BUY.

View Original PDF

Disclaimer: AI-generated analysis. Not financial advice.

Written by: FoxLogica News Analysis

Published on: November 21, 2025

announcements FIMM Signal: HOLD

⏸️ FIMM: HOLD Signal (6/10) – Holding of Corporate Briefing Session – 2025

⚡ Flash Summary

First Imrooz Modaraba’s corporate briefing session for the financial year ended June 30, 2025, will be held online on November 25, 2025. The Modaraba reported a slight decrease in turnover from Rs. 1,260.14 million in 2024 to Rs. 1,247.44 million in 2025. However, gross profit increased from Rs. 268.06 million to Rs. 289.92 million during the same period. Net profit also increased to Rs. 95.45 million, attributed to a favorable court judgment and exchange rates.

Signal: HOLD ⏸️

Strength: 6/10

Sentiment: POSITIVE

Time Horizon: MEDIUM_TERM

📌 Key Takeaways

🗓️ Corporate Briefing Session scheduled for November 25, 2025.
💻 Session will be held online via Zoom.
🌐 Zoom Meeting ID: 891 9410 5966, Passcode: 12345.
📧 Contact Person’s email: sheheryar.ali@imrooz.com.
📉 Turnover slightly decreased from Rs. 1,260.14 million in 2024 to Rs. 1,247.44 million in 2025.
📈 Gross Profit increased from Rs. 268.06 million in 2024 to Rs. 289.92 million in 2025.
📊 Gross Profit rate improved from 21.3% to 23.2%.
💰 Net profit stood at Rs. 95.45 million due to favorable factors.
⚖️ Favorable judgment by the Sindh High Court positively impacted profits.
💹 Favorable exchange rates contributed to increased profits.
🌱 Management has a positive outlook due to stable exchange rates and sales momentum.
🏭 FIM trades in industrial raw materials, not financial services.
🏆 FIM has been selected as one of the Top 25 Companies on the Pakistan Stock Exchange.
🏢 FIM has offices in Karachi and Lahore.

🎯 Investment Thesis

HOLD. The increase in profitability due to a one-time favorable event is a positive, but the slight decrease in revenue raises concerns about the sustainability of growth. While improved profitability metrics support a positive outlook, external risks and stagnant revenue growth suggest a neutral investment stance until further sustainable growth is demonstrated.

View Original PDF

Disclaimer: AI-generated analysis. Not financial advice.

Written by: FoxLogica News Analysis

Published on: November 21, 2025

announcements EFUG Signal: HOLD

⏸️ EFUG: HOLD Signal (6/10) – Credit of 3rd Interim Cash Dividend

⚡ Flash Summary

EFU General Insurance has announced its third interim cash dividend of Rs. 1.50 per share, which equates to 15% for the year ending December 31, 2025. The dividend has been credited electronically to the shareholders’ designated bank accounts on November 13, 2025. This announcement indicates a positive sign for investors as the company rewards its shareholders, reflecting a healthy financial position. The interim dividend payout is a recurring event, demonstrating EFU’s commitment to shareholder returns.

Signal: HOLD ⏸️

Strength: 6/10

Sentiment: POSITIVE

Time Horizon: MEDIUM_TERM

📌 Key Takeaways

📢 EFU General Insurance announces a third interim cash dividend.
💰 Dividend amount is Rs. 1.50 per share.
📈 Equivalent to 15% of the share value.
🗓️ Applicable for the year ending December 31, 2025.
🏦 Credited electronically into shareholders’ bank accounts.
📅 Payment date: November 13, 2025.
✅ This is the THIRD interim dividend, hinting at consistent profitability.
🧾 Announcement made to the Pakistan Stock Exchange Limited.
🏢 EFU General Insurance Ltd is the issuing company.
📍 Company address: EFU House, M.A. Jinnah Road, Karachi.
🌐 Company can be contacted via info@efuinsurance.com.

🎯 Investment Thesis

HOLD. The announcement of a third interim dividend is a positive signal, reflecting the company’s commitment to shareholder returns. However, a comprehensive investment decision requires more detailed financial information, including earnings, revenue growth, and future prospects. A ‘HOLD’ recommendation is appropriate until further financial data and analysis become available. Target price: N/A. Time horizon: MEDIUM_TERM.

View Original PDF

Disclaimer: AI-generated analysis. Not financial advice.

Written by: FoxLogica News Analysis

Published on: November 13, 2025

announcements CPHL Signal: HOLD

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

⚡ Flash Summary

Citi Pharma Limited (CPHL) held its Annual General Meeting on October 27, 2025, where shareholders approved several key resolutions. These included confirming the minutes of the previous Extra Ordinary General Meeting, adopting the audited financial statements for the year ended June 30, 2025, and re-appointing M/s. Aslam Malik & Co. as external auditors. A final cash dividend of Rs. 3.5 per share (35%) was also approved for the financial year ended June 30, 2025. Furthermore, seven directors were elected to serve a three-year term.

Signal: HOLD ⏸️

Strength: 6/10

Sentiment: POSITIVE

Time Horizon: MEDIUM_TERM

📌 Key Takeaways

✅ Minutes from the Extra Ordinary General Meeting (EOGM) held on June 26, 2025, were confirmed.
✅ Audited Financial Statements for the year ended June 30, 2025, were received and adopted.
✅ M/s. Aslam Malik & Co. re-appointed as external auditors for the year ending June 30, 2026.
💰 Final cash dividend of Rs. 3.5 per share (35%) approved for the year ended June 30, 2025.
🗳️ Seven directors elected for a three-year term commencing October 27, 2025.
🗓️ Resolutions passed at the Annual General Meeting on October 27, 2025.
📜 Compliance with Listing Regulation No. 5.6.9(b) of the Pakistan Stock Exchange.
🏢 Meeting held at 588 Block Q, Phase 2 Johar Town, Lahore.
💼 Election of directors conducted under Section 166(3) of the Companies Act, 2017.
🤝 Unanimous passing of resolutions by the shareholders.
✔ Approval of the Board of Management’s recommendation for dividend payment.

🎯 Investment Thesis

A HOLD recommendation is appropriate at this time. The approval of resolutions and the dividend payout are positive signs, but a thorough understanding of the company’s financial performance based on the audited financial statements is necessary before making a definitive investment decision. Further information on revenue growth, profitability margins, and debt levels is required. Price target: Need more info. Time horizon: Medium Term.

View Original PDF

Disclaimer: AI-generated analysis. Not financial advice.

Written by: FoxLogica News Analysis

Published on: November 13, 2025

announcements EMCO Signal: HOLD

⏸️ EMCO: HOLD Signal (6/10) – Miscellaneous Information – Corporate Briefing Session (CBS) – FY-2025 Presentation

⚡ Flash Summary

EMCO Industries Ltd. held a corporate briefing session for the year ended June 30, 2025. The presentation highlighted that the company is managing macroeconomic and operational volatility through strategic adaptation. For FY2025, EMCO reported a decrease in revenue by 14% YoY to Rs 3.61 billion, and a profit after tax (PAT) of Rs 42 million, resulting in an EPS of Rs 1.59. However, exports showed significant growth of 174% YoY, reaching Rs 463 million (US$1.8 million).

Signal: HOLD ⏸️

Strength: 6/10

Sentiment: NEUTRAL

Time Horizon: MEDIUM_TERM

📌 Key Takeaways

📉 Revenue decreased by 14% YoY to Rs 3.61 billion in FY25.
✅ Exports surged by 174% YoY, reaching Rs 463 million (US$1.8 million).
⚠️ Profit Before Tax (PBT) was Rs 42 million for FY25.
💲 Earnings Per Share (EPS) stood at Rs 1.59.
📌 Fiscal tightening and slow DISCO procurement impacted the local market.
🔥 Margin pressure from lower-priced export lines and the metal division.
⚠️ Volatility in metal input costs affected the metal division’s contribution margin.
✈️ Export diversification into the U.S., Brazil, Turkey, and LATAM.
🏭 Localization efforts aimed to reduce import reliance and improve costs.
⚙️ Reconfigured production for operational efficiency.
💰 Finance costs reduced significantly year-over-year.
🛡️ Maintained a viable production capacity utilization.
✅ Credit rating reaffirmed at A-/A-2 (Stable).
🎯 Targeting additional export growth for FY26.
📈 Initial signs of rebound in DISCO procurement.

🎯 Investment Thesis

HOLD. While EMCO’s strategic initiatives such as export diversification and localization are promising, the decline in revenue and profitability in FY25 raises concerns. The significant export growth and potential rebound in DISCO procurement offer a glimmer of hope. Further monitoring of the company’s performance in the coming quarters is warranted to assess the effectiveness of these strategies and their impact on the company’s financial performance. Given the current circumstances, a HOLD recommendation is appropriate.

View Original PDF

Disclaimer: AI-generated analysis. Not financial advice.

Written by: FoxLogica News Analysis

Published on: November 12, 2025

announcements MCB Signal: HOLD

⏸️ MCB: HOLD Signal (6/10) – Credit of Third Interim Cash Dividend (D-91) 2025

⚡ Flash Summary

MCB Bank Limited has announced the credit of its Third Interim Cash Dividend (D-91) of PKR 9.00 per share, representing 90% for the year ending December 31, 2025. The decision was made by the Board of Directors during their meeting on October 22, 2025, and the dividend will be credited to shareholders’ designated bank accounts on November 12, 2025. This dividend distribution reflects the bank’s financial performance and commitment to delivering shareholder value. The announcement was made on November 12, 2025, and shared with the Pakistan Stock Exchange Limited.

Signal: HOLD ⏸️

Strength: 6/10

Sentiment: POSITIVE

Time Horizon: MEDIUM_TERM

📌 Key Takeaways

💰 MCB Bank declared a Third Interim Cash Dividend (D-91) for 2025.
💵 The dividend amount is PKR 9.00 per share.
💯 This dividend represents 90% of the earnings for the year ending December 31, 2025.
🗓️ The Board of Directors approved the dividend in a meeting held on October 22, 2025.
🏦 The dividend will be credited to shareholders’ accounts on November 12, 2025.
🏦 MCB Bank is fulfilling its commitment to reward its shareholders.
📈 This announcement may positively influence investor confidence.
📄 The announcement was formally communicated to the Pakistan Stock Exchange Limited on November 12, 2025.
🤝 This dividend payout shows confidence in the bank’s financial health.
🏦 MCB Bank continues to be a strong player in Pakistan’s banking sector.
✅ Shareholders can expect the dividend to reflect in their accounts on the specified date.
📣 The company secretary, Farid Ahmad, signed off on the announcement.
🕰️ The dividend is for the fiscal year ending December 31, 2025.
🏦 MCB Bank continues to focus on shareholder returns.
✔️ The dividend is properly authorized and approved by the board.

🎯 Investment Thesis

HOLD. Based on the announcement of a substantial dividend payout, MCB Bank appears financially stable and committed to shareholder returns. However, without a comprehensive financial analysis and sector comparison, a change in rating is not warranted. Further research is needed to assess the bank’s overall financial health and growth potential. Price target: Awaiting full financial statements. Time horizon: Medium Term.

View Original PDF

Disclaimer: AI-generated analysis. Not financial advice.

Written by: FoxLogica News Analysis

Published on: November 12, 2025

announcements GEMMEL Signal: HOLD

⏸️ GEMMEL: HOLD Signal (6/10) – Corporate Briefing Presentation – FY 2025

⚡ Flash Summary

Mughal Energy Limited’s FY 2025 corporate briefing highlights the company’s ongoing efforts to establish a 36.50 MW captive hybrid power plant. The company has achieved a milestone with the completion of the hydro testing phase, a critical step in ensuring the integrity of the plant’s systems. Financial figures indicate an increase in total assets from Rs. 5,142 million in 2024 to Rs. 7,239 million in 2025, while also experiencing a higher loss per share, moving from Rs. 0.11 to Rs. 0.12. The company’s entity rating by PACRA remains stable, with a long-term rating of A and a short-term rating of A2.

Signal: HOLD ⏸️

Strength: 6/10

Sentiment: NEUTRAL

Time Horizon: MEDIUM_TERM

📌 Key Takeaways

🏭 Mughal Energy focuses on setting up a 36.50 MW hybrid captive power plant.
✅ Hydro testing phase successfully completed, a crucial project milestone.
📈 Total assets increased from Rs. 5,142 million (2024) to Rs. 7,239 million (2025).
📉 Loss per share rose slightly from Rs. 0.11 (2024) to Rs. 0.12 (2025).
💰 Capital expenditure increased from Rs. 1,316 million (2024) to Rs. 1,793 million (2025).
⬆️ Total Liabilities increased significantly from Rs. 1,686 million in 2024 to Rs. 3,805 million in 2025.
🏦 Equity remained relatively stable, decreasing slightly from Rs. 3,456 million in 2024 to Rs. 3,435 million in 2025.
📜 Company incorporated in Pakistan on August 19, 2012, listed on the GEM Board of the Pakistan Stock Exchange.
⚡ Company’s primary business is generating, purchasing, and trading electricity.
⭐ Pakistan Credit Rating Agency (PACRA) rating: Long-term A, Short-term A2, Outlook stable.
⬆️ Property, plant, and equipment increased due to imported assets and construction work.
💰 Due from the government increased, mainly attributable to advance tax payments.
💸 Long-term financing increased due to a Rs. 2,500 million loan from Mughal Iron & Steel Industries Limited.

🎯 Investment Thesis

Given the pre-revenue stage and ongoing investments, a HOLD rating is appropriate for Mughal Energy. The company is currently focused on completing its 36.50 MW hybrid captive power plant. The successful commencement of operations is critical for future revenue generation and profitability. A BUY rating would be considered after the plant is operational, revenue visibility improves, and profitability trends are established. Price target and time horizon will be re-evaluated once the plant is operational.

View Original PDF

Disclaimer: AI-generated analysis. Not financial advice.

Written by: FoxLogica News Analysis

Published on: November 12, 2025

announcements CNERGY Signal: HOLD

⏸️ CNERGY: HOLD Signal (6/10) – DISCLOSURE OF MATERIAL INFORMATION

⚡ Flash Summary

Cnergyico PK Limited has received initial entity ratings of ‘A-/A2’ from VIS Credit Rating Company. The ratings reflect Cnergyico’s position as Pakistan’s largest refinery and its integrated operations in refining, import logistics, storage, and retail marketing. However, the ratings are sensitive to the company’s ability to sustain operations, maintain profitability, and successfully fund its planned USD 1 billion refinery upgrade project. The outlook on the assigned ratings is ‘Stable’.

Signal: HOLD ⏸️

Strength: 6/10

Sentiment: NEUTRAL

Time Horizon: MEDIUM_TERM

📌 Key Takeaways

✅ Cnergyico PK Limited’s medium to long-term rating is A- (Single A minus).
✅ The short-term rating is A2.
✅ The outlook is Stable.
🏭 Cnergyico is Pakistan’s largest refinery.
🌐 Integrated operations across refining, import logistics, storage, and retail marketing.
💸 Ratings are sensitive to the company’s ability to fund its planned USD 1 billion refinery upgrade project.
⛽ The Company operates a network of 470 retail outlets across the country.
📈 Capitalization improved following a PKR 25.7 billion sponsor support and debt reduction.
⚠️ Liquidity remains constrained by elevated payables and sales tax receivables.
✅ DSCR remained adequate at 1.34x (FY24: 1.73x), reflecting adequate near-term debt servicing capacity.
🌍 Business risk remains medium to high, driven by exposure to crude oil price volatility, import dependence, and weak furnace oil demand.
🔄 Refinery Upgradation Policy is expected to enhance operational efficiency and align output with Euro V/VI standards.
🧐 Post-demerger credit profile will be evaluated upon completion of the transaction.

🎯 Investment Thesis

Based on the information, a HOLD recommendation seems appropriate. The company has a strong market position, but faces financial and operational challenges. The assigned ratings indicate that Cnergyico is a reasonable credit risk, but its ability to execute its upgrade plan and manage liquidity are critical factors that investors should monitor. Price target and time horizon are difficult to pinpoint due to lack of explicit information, a 12-month period is generally sufficient to monitor the company’s progress on upgrade project.

View Original PDF

Disclaimer: AI-generated analysis. Not financial advice.

Written by: FoxLogica News Analysis

Published on: November 12, 2025

announcements MUREB Signal: HOLD

⏸️ MUREB: HOLD Signal (6/10) – Credit of First Interim Cash Dividend – FY 2025-26

⚡ Flash Summary

Murree Brewery Co. Ltd. has announced its first interim cash dividend of Rs. 5 per share, representing a 50% payout for the fiscal year ending June 30, 2026. The dividend has been electronically credited to shareholders’ designated bank accounts through the Central Depository Company on November 12, 2025. This announcement provides immediate income to shareholders and reflects the company’s current profitability and cash flow management. The dividend distribution may impact the company’s cash reserves available for operational activities and investments in the coming year.

Signal: HOLD ⏸️

Strength: 6/10

Sentiment: POSITIVE

Time Horizon: MEDIUM_TERM

📌 Key Takeaways

💰 Murree Brewery declares a first interim cash dividend.
💸 Dividend amount is Rs. 5 per share.
✅ This represents a 50% payout.
🗓️ The dividend is for the fiscal year ending June 30, 2026.
🏦 Credited electronically to shareholders’ bank accounts.
📅 Payment date: November 12, 2025.
🏢 Paying agent is Central Depository Company (CDC).
ℹ️ TRE Certificate Holders to be informed accordingly.
📜 Announcement via FORM-9.
✉️ Official notification to Pakistan Stock Exchange Limited.

🎯 Investment Thesis

Given the limited information in the dividend announcement, a HOLD rating is appropriate. The dividend payment is a positive sign but more information is needed for a full analysis. Additional financial statements must be reviewed. The next target is to review the annual report. A full valuation needs to be conducted with detailed financial analysis.

View Original PDF

Disclaimer: AI-generated analysis. Not financial advice.

Written by: FoxLogica News Analysis

Published on: November 12, 2025

+ More