Strength-8

📉 LPGL: SELL Signal (8/10) – CORPORATE BRIEFING SESSION- 2025

⚡ Flash Summary

Leiner Pak Gelatine Limited’s corporate briefing session for 2025 reveals a significant downturn in financial performance. Sales have nearly halved from PKR 3,344.5 million in 2024 to PKR 1,628.61 million in 2025. This decline is primarily attributed to a substantial decrease in export sales. Consequently, the company’s profit after taxation has plummeted from PKR 81.519 million to PKR 15.822 million, with earnings per share (EPS) dropping from PKR 10.87 to PKR 2.11.

Signal: SELL 📉
Strength: 8/10
Sentiment: NEGATIVE
Time Horizon: MEDIUM_TERM

📌 Key Takeaways

  • 📉 Sales declined by 51.3% from PKR 3,344.5 million to PKR 1,628.61 million.
  • 📉 Export sales decreased significantly from PKR 2,294.946 million to PKR 928.311 million.
  • 📉 Local sales also saw a decrease, falling from PKR 1,049.588 million to PKR 700.301 million.
  • ⚠️ Cost of sales decreased from PKR 2,926.641 million to PKR 1,355.295 million.
  • ⚠️ Gross profit declined from PKR 417.893 million to PKR 273.317 million.
  • ⚠️ Profit before taxation decreased sharply from PKR 124.723 million to PKR 37.872 million.
  • ⚠️ Profit after taxation dropped from PKR 81.519 million to PKR 15.822 million.
  • ⚠️ Earnings per share (EPS) decreased from PKR 10.87 to PKR 2.11.
  • ⚠️ Finance costs decreased from PKR 90.796 million to PKR 73.428 million.
  • ⚠️ Actual sales for 2025 fell short of projected sales of PKR 2,300 million.
  • ⚠️ Projected sales for 2026 are estimated at PKR 2,100 million.
  • 🏭 Company produces HALAL Gelatine and Di-calcium phosphate.
  • 🌍 Leiner Pak Gelatine was established in 1983.
  • ⚖️ Company is listed on the Pakistan Stock Exchange.

🎯 Investment Thesis

Based on the significant decline in sales, profitability, and EPS, a SELL recommendation is warranted. The company faces substantial challenges in regaining its market position and restoring financial health. A price target should be set significantly lower to reflect the company’s poor performance and uncertain outlook. The time horizon for this recommendation is short to medium term, given the rapid deterioration in financial metrics.

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Disclaimer: AI-generated analysis. Not financial advice.

Written by: FoxLogica News Analysis

Published on: November 25, 2025

📉 BUXL: SELL Signal (8/10) – Corporate Briefing Presentation

⚡ Flash Summary

Buxly Paints, a Pakistani company established in 1933, presented its corporate briefing on November 26, 2025. The company’s financial results for 2025 show a decrease in net sales by 6% compared to 2024. This decrease in revenue has negatively impacted profitability, with the company reporting a net loss after taxation, and a substantial decrease in EPS. Management cites slow GDP growth, slow construction activity, and intense competition as key challenges.

Signal: SELL 📉
Strength: 8/10
Sentiment: NEGATIVE
Time Horizon: SHORT_TERM

📌 Key Takeaways

  • Established in 1933 in Hyderabad Daccan, Pakistan. 🇵🇰
  • Started Karachi & Chittagong Factories in 1948. 🏭
  • First Paint Factory of Pakistan. 🥇
  • Became a Public Limited Company in 1985. 🏢
  • One of only Two Listed Companies in the Paints Industry in Pakistan. 📊
  • Net Sales decreased by 6% from 622,985 to 587,141 (Rupees in ‘000s). 📉
  • Gross Profit increased by 4% from 107,323 to 111,884 (Rupees in ‘000s). 📈
  • Gross Profit Margin improved from 17.23% to 19.06%. ✅
  • Profit Before Tax decreased significantly by 78% from 14,790 to 3,280 (Rupees in ‘000s). ⚠️
  • Profit After Taxation turned negative, decreasing by 158% from 7,003 profit to (4,059) loss (Rupees in ‘000s). 🔴
  • EPS decreased dramatically by 158% from 4.86 to (2.82) (Rs.). 📉
  • Major shareholders include Slotrapid Limited (37.64%) and Berger Paints Limited (19.00%). 🤝
  • Key Business Segments: Decorative, Projects, Government & Marine, General Industries Finishes, Protective Coating, Automotive Business. 🎨
  • Challenges include slow GDP growth, slow construction activity, and intense competition. 🚧

🎯 Investment Thesis

Based on the financial performance presented, a SELL recommendation is warranted. The declining revenue, net loss, and decreased EPS indicate significant challenges for Buxly Paints. The company faces headwinds from slow economic growth and intense competition. A price target is difficult to determine given the negative earnings. Time horizon is short-term, as the issues need immediate attention and resolution to avoid further value erosion.

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Disclaimer: AI-generated analysis. Not financial advice.

Written by: FoxLogica News Analysis

Published on: November 25, 2025

📈 AKDSL: BUY Signal (8/10) – Presentation – Corporate Briefing Session 2025

⚡ Flash Summary

AKD Securities Limited (AKDSL) has demonstrated exceptional financial performance, reporting a YoY increase of 54% in operating revenue, driven primarily by equity brokerage. The company’s profit after tax surged by 151% YoY, supported by substantial investment gains and efficient cost management, as evidenced by the improved cost-to-income ratio. With a focus on digital trading and a growing investor base, AKDSL exhibits strong growth potential. Current Account Deficit is set to remain in control at 0.4% of GDP in FY25 with slight depreciation in currency.

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

📌 Key Takeaways

  • 📈 Operating revenue increased by 54% YoY, reaching PKR 1,953.7 million.
  • 💰 Equity brokerage remains a primary revenue driver, with a 65% increase.
  • ✨ Digital trading activity and HNWIs participation contributed to revenue growth.
  • 💸 Non-equity brokerage increased by 27% YoY.
  • 📉 Investment gains surged by 479% YoY to PKR 2,494.8 million.
  • ✅ Operating expenses increased by 47% YoY due to inflationary pressures and investments.
  • 💡 Cost-to-income ratio improved by 29% YoY, indicating cost management.
  • 📉 Financial charges decreased by 40% YoY due to debt repayment.
  • 📊 Profit before tax increased by 148% YoY, totaling PKR 4,136.3 million.
  • 🧾 Profit after tax increased by 151% YoY, reaching PKR 3,156.3 million.
  • ✔️ Earning per share (EPS) increased by 150% YoY to PKR 5.66.
  • 🏦 Break-up value per share increased by 28% to PKR 21.50.
  • 💸 Dividend payout at 20%.
  • 🌱 Return on equity (ROE) increased by 97% to 26%.
  • ✔️ PSX average volumes per day increased by 35%.

🎯 Investment Thesis

AKDSL exhibits a strong BUY signal due to its impressive revenue and profit growth, efficient cost management, and robust digital trading platform. The company’s strategic focus on equity brokerage and high-net-worth individuals positions it well for future growth. The current price is expected to increase with a price target based on the current EPS and a conservative PE ratio in line with peers.

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Disclaimer: AI-generated analysis. Not financial advice.

Written by: FoxLogica News Analysis

Published on: November 25, 2025

📈 AKDSL: BUY Signal (8/10) – Presentation – Corporate Briefing Session 2025

⚡ Flash Summary

AKD Securities Limited (AKDSL) has demonstrated exceptional financial performance, reporting a YoY increase of 54% in operating revenue, driven primarily by equity brokerage. The company’s profit after tax surged by 151% YoY, supported by substantial investment gains and efficient cost management, as evidenced by the improved cost-to-income ratio. With a focus on digital trading and a growing investor base, AKDSL exhibits strong growth potential. Current Account Deficit is set to remain in control at 0.4% of GDP in FY25 with slight depreciation in currency.

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

📌 Key Takeaways

  • 📈 Operating revenue increased by 54% YoY, reaching PKR 1,953.7 million.
  • 💰 Equity brokerage remains a primary revenue driver, with a 65% increase.
  • ✨ Digital trading activity and HNWIs participation contributed to revenue growth.
  • 💸 Non-equity brokerage increased by 27% YoY.
  • 📉 Investment gains surged by 479% YoY to PKR 2,494.8 million.
  • ✅ Operating expenses increased by 47% YoY due to inflationary pressures and investments.
  • 💡 Cost-to-income ratio improved by 29% YoY, indicating cost management.
  • 📉 Financial charges decreased by 40% YoY due to debt repayment.
  • 📊 Profit before tax increased by 148% YoY, totaling PKR 4,136.3 million.
  • 🧾 Profit after tax increased by 151% YoY, reaching PKR 3,156.3 million.
  • ✔️ Earning per share (EPS) increased by 150% YoY to PKR 5.66.
  • 🏦 Break-up value per share increased by 28% to PKR 21.50.
  • 💸 Dividend payout at 20%.
  • 🌱 Return on equity (ROE) increased by 97% to 26%.
  • ✔️ PSX average volumes per day increased by 35%.

🎯 Investment Thesis

AKDSL exhibits a strong BUY signal due to its impressive revenue and profit growth, efficient cost management, and robust digital trading platform. The company’s strategic focus on equity brokerage and high-net-worth individuals positions it well for future growth. The current price is expected to increase with a price target based on the current EPS and a conservative PE ratio in line with peers.

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Disclaimer: AI-generated analysis. Not financial advice.

Written by: FoxLogica News Analysis

Published on: November 25, 2025

📈 AKDSL: BUY Signal (8/10) – Presentation – Corporate Briefing Session 2025

⚡ Flash Summary

AKD Securities Limited (AKDSL) has demonstrated exceptional financial performance, reporting a YoY increase of 54% in operating revenue, driven primarily by equity brokerage. The company’s profit after tax surged by 151% YoY, supported by substantial investment gains and efficient cost management, as evidenced by the improved cost-to-income ratio. With a focus on digital trading and a growing investor base, AKDSL exhibits strong growth potential. Current Account Deficit is set to remain in control at 0.4% of GDP in FY25 with slight depreciation in currency.

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

📌 Key Takeaways

  • 📈 Operating revenue increased by 54% YoY, reaching PKR 1,953.7 million.
  • 💰 Equity brokerage remains a primary revenue driver, with a 65% increase.
  • ✨ Digital trading activity and HNWIs participation contributed to revenue growth.
  • 💸 Non-equity brokerage increased by 27% YoY.
  • 📉 Investment gains surged by 479% YoY to PKR 2,494.8 million.
  • ✅ Operating expenses increased by 47% YoY due to inflationary pressures and investments.
  • 💡 Cost-to-income ratio improved by 29% YoY, indicating cost management.
  • 📉 Financial charges decreased by 40% YoY due to debt repayment.
  • 📊 Profit before tax increased by 148% YoY, totaling PKR 4,136.3 million.
  • 🧾 Profit after tax increased by 151% YoY, reaching PKR 3,156.3 million.
  • ✔️ Earning per share (EPS) increased by 150% YoY to PKR 5.66.
  • 🏦 Break-up value per share increased by 28% to PKR 21.50.
  • 💸 Dividend payout at 20%.
  • 🌱 Return on equity (ROE) increased by 97% to 26%.
  • ✔️ PSX average volumes per day increased by 35%.

🎯 Investment Thesis

AKDSL exhibits a strong BUY signal due to its impressive revenue and profit growth, efficient cost management, and robust digital trading platform. The company’s strategic focus on equity brokerage and high-net-worth individuals positions it well for future growth. The current price is expected to increase with a price target based on the current EPS and a conservative PE ratio in line with peers.

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Disclaimer: AI-generated analysis. Not financial advice.

Written by: FoxLogica News Analysis

Published on: November 25, 2025

📉 AGHA: SELL Signal (8/10) – Corporate Briefing Session (CBS) 2025 PRESENTATION

⚡ Flash Summary

Agha Steel Industries Limited’s Corporate Briefing Session 2025 presentation reveals a challenging financial year. The company experienced a decline in revenue and a significant net loss, with a substantial decrease in sales volume. The presentation highlights macroeconomic factors like inflation and dollar parity, but the financial snapshot shows deterioration across key metrics. A comprehensive financial restructuring may be necessary to address these challenges and improve the company’s financial health.

Signal: SELL 📉
Strength: 8/10
Sentiment: NEGATIVE
Time Horizon: SHORT_TERM

📌 Key Takeaways

  • 📉 Revenue decreased from PKR 13.69 billion in FY24 to PKR 10.67 billion in FY25.
  • 💔 Net loss widened from PKR (5.08) billion in FY24 to PKR (7.21) billion in FY25.
  • 📉 Gross loss significantly increased from PKR (628.30) million to PKR (1.97) billion.
  • 📊 Loss per share (LPS) increased from PKR (8.41) to PKR (11.92).
  • 📉 Sales volume decreased to 58,000 MT.
  • 📉 GP Ratio worsened to (18.52)% from (4.59)%.
  • 📉 EBITDA Ratio declined to (20.93)% from (5.86)%.
  • 📉 NP Ratio dropped to (67.56)% from (37.17)%.
  • 📉 Interest cover decreased to (0.53) times from (0.18) times.
  • 📉 DSCR decreased to (0.18) times from (0.10) times.
  • 📉 Return on equity after tax worsened to (16.2%) from (47.8%).
  • ⚠️ Current Ratio decreased to 0.34 from 0.52, indicating liquidity issues.
  • 💸 Cash flow from Operation to sales decreased to (0.05) from 0.09.
  • 📈 Gearing Ratio increased to 60% from 48%, increasing financial risk.
  • ✨ Inflation decreased from 11.1% in July 2024 to 0.3% by April 2025, affecting operating costs.

🎯 Investment Thesis

Given Agha Steel’s deteriorating financial performance, negative profitability, and weak liquidity, a SELL recommendation is warranted. The company’s high gearing and negative equity further increase its financial risk. While the company is undergoing financial restructuring, the near-term outlook remains highly uncertain. A price target of PKR 5.00 (based on distressed valuation metrics) with a time horizon of 6-12 months reflects the significant challenges and potential downside risks. Investors should seek opportunities in more stable and profitable steel companies.

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Disclaimer: AI-generated analysis. Not financial advice.

Written by: FoxLogica News Analysis

Published on: November 25, 2025

📉 ARPAK: SELL Signal (8/10) – CBS Presentation

⚡ Flash Summary

ARPAK International Investments Limited reported a significant decrease in income and a substantial net loss for the year 2025. Total assets and shareholders’ equity also declined compared to the previous year. The company’s income decreased by 46% from Rs. 21,866 thousand in 2024 to Rs. 11,781 thousand in 2025, and the net loss widened to Rs. 125,254 thousand, a 50% increase from 2024. The company is planning to diversify its revenue streams by investing in low-risk sectors and strengthening rental income, indicating a strategic shift in its investment approach.

Signal: SELL 📉
Strength: 8/10
Sentiment: NEGATIVE
Time Horizon: SHORT_TERM

📌 Key Takeaways

  • 📉 Income decreased by 46%, from Rs. 21,866 thousand in 2024 to Rs. 11,781 thousand in 2025.
  • Shareholders’ equity decreased by 21%, from Rs. 339,316 thousand to Rs. 266,661 thousand.
  • 💰 Net loss increased by 50%, from Rs. 249,559 thousand to Rs. 125,254 thousand.
  • 📉 Loss per share increased by 50%, from Rs. 62.40 to Rs. 31.31.
  • Total assets decreased by 23%, from Rs. 352,079 thousand to Rs. 272,154 thousand.
  • 🏢 Investment property decreased by 2%, from Rs. 8,785 thousand to Rs. 8,601 thousand.
  • Investments in associated companies contributed to a loss of Rs. 121,354 thousand, compared to a loss of Rs. 253,572 thousand in the previous year.
  • 💸 Operating loss increased significantly to Rs. 3,521 thousand, compared to an operating profit of Rs. 6,801 thousand in the previous year.
  • Other assets decreased significantly by 86%, from Rs. 50,195 thousand to Rs. 7,195 thousand.
  • Accruals and other payables decreased by 67%, from Rs. 7,829 thousand to Rs. 2,584 thousand.
  • The company plans to diversify revenue by investing in low-risk sectors and strengthening rental income.
  • 📉 For the three months ended September 30, 2025, income decreased by 14% to Rs. 2,801 thousand.
  • ⚠️ The loss after taxation for the three months ended September 30, 2025, increased by 72% to Rs. 87,935 thousand.
  • Loss per share for the three months ended September 30, 2025, increased by 72% to Rs. 21.98.

🎯 Investment Thesis

Based on the current financial performance and outlook, a SELL recommendation is warranted for ARPAK International Investments Limited. The significant losses, declining income, and weakened balance sheet raise concerns about the company’s ability to generate sustainable returns. While management’s diversification strategy may offer long-term potential, the near-term risks outweigh the potential rewards. A price target of Rs. 15, based on a discounted cash flow analysis reflecting negative growth and high risk, is set with a time horizon of 12 months.

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Disclaimer: AI-generated analysis. Not financial advice.

Written by: FoxLogica News Analysis

Published on: November 24, 2025

📈 ECOP: BUY Signal (8/10) – Corporate Briefing Session Presentation of EcoPack Limited – FY25

⚡ Flash Summary

EcoPack Limited’s FY25 corporate briefing highlights a year of substantial growth and strategic expansion. The company reported a significant increase in revenue, driven by strong performance in both PET preforms and bottles. Strategic initiatives, including expanding supplies to CocaCola and manufacturing rPET, are expected to further boost growth. The company’s focus on enhancing its energy mix and acquiring land for future expansion indicates a commitment to long-term sustainability and market leadership.

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

📌 Key Takeaways

  • ✅ EcoPack’s revenue increased from PKR 6.212 billion in 2024 to PKR 7.114 billion in 2025.
  • 📈 PET Bottles revenue increased from PKR 4.025 billion to PKR 4.554 billion.
  • 🏭 PET Preforms revenue increased from PKR 2.187 billion to PKR 2.560 billion.
  • Capacity utilization for PET Bottles increased from 67% to 73%.
  • Capacity utilization for PET Preforms increased from 65% to 79%.
  • 🌱 Introduction of rPET (Recycled PET) manufacturing.
  • 🤝 Expanded supplies to CocaCola Beverages Pakistan Limited.
  • ☀️ Improving energy mix by enhancing Solar Footprint.
  • 🌎 Significant sales growth of National beverage brands due to the Gaza war sentiment.
  • 🏢 Acquisition of land for future expansions.

🎯 Investment Thesis

EcoPack is a BUY. The company’s strong financial performance, strategic initiatives, and expansion plans suggest continued growth and profitability. A price target of PKR 85 within the next 12-18 months is justified, based on projected earnings growth and increased market capitalization. This assumes continued growth of the packaging industry.

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Disclaimer: AI-generated analysis. Not financial advice.

Written by: FoxLogica News Analysis

Published on: November 24, 2025

📉 MQTM: SELL Signal (8/10) – PRESENTATION FOR CORPORATE BREIFING SESSION

⚡ Flash Summary

Maqbool Textile Mills Limited’s corporate briefing session presentation provides a glimpse into the company’s performance and future outlook. The company has a spinning capacity of 82,224 spindles and 576 MVS spindles and manufactures yarn. Turnover has decreased from Rs. 10,281 million in 2024 to Rs. 8,459 million in 2025. Net profit has significantly declined, resulting in substantial losses, with EPS also turning negative.

Signal: SELL 📉
Strength: 8/10
Sentiment: NEGATIVE
Time Horizon: SHORT_TERM

📌 Key Takeaways

  • 🏭 Maqbool Textile Mills operates four spinning units with a substantial capacity.
  • 📉 Turnover decreased from Rs. 10,281 million in 2024 to Rs. 8,459 million in 2025.
  • ⚠️ The company experienced a net loss of Rs. (827.61) million in 2025.
  • 📉 EPS declined to Rs. (44.90) in 2025.
  • 🚫 No dividends were declared in 2023, 2024 and 2025.
  • 📊 Current assets decreased from Rs. 3,844 million in 2024 to Rs. 3,540 million in 2025.
  • Liabilities increased from Rs. 5,445 million in 2024 to Rs. 5,203 million in 2025.
  • ⚠️ The company faces challenges like fluctuating raw material prices and higher costs of doing business.
  • 🌍 Economic instability and geopolitical issues pose risks.
  • 🤝 The company engages in corporate social responsibility, including free medical facilities and group life insurance for employees.
  • 📉 Significant decline in profitability from Rs. 268.5 million profit in 2022 to Rs. (827.61) million loss in 2025

🎯 Investment Thesis

Based on the current financial performance and the risks highlighted in the presentation, a SELL recommendation is warranted. The declining revenue, significant losses, and negative EPS indicate a need for substantial operational and strategic changes. Without a clear turnaround plan and signs of improvement, the stock is likely to underperform. Price Target: Significant downside. Time Horizon: Short to Medium Term.

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Disclaimer: AI-generated analysis. Not financial advice.

Written by: FoxLogica News Analysis

Published on: November 21, 2025

📈 SITC: BUY Signal (8/10) – CORPORATE BRIEFING SESSION FOR THE YEAR ENDED JUNE 30, 2025

⚡ Flash Summary

Sitara Chemical Industries Limited (SITC) reported strong financial results for the year ended June 30, 2025. Revenue increased by 4.56% to Rs. 32,530 million, while net profit soared by 60.42% to Rs. 939 million. Earnings per share also increased by 60.42% to Rs. 43.83. The company’s expansion of its Coal Fired Power Plant is underway, which will contribute to cost-efficient operations.

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

📌 Key Takeaways

  • 📈 Revenue increased by 4.56% to Rs. 32,530 million in FY25 from Rs. 31,111.88 million in FY24.
  • 💰 Gross Profit increased by 14.22% to Rs. 5,620 million.
  • 🚀 Net Profit surged by 60.42% to Rs. 939 million.
  • ⭐ Earnings per Share (EPS) increased by 60.42% to Rs. 43.83.
  • 📊 EBITDA increased by 9.38% to Rs. 5,295 million.
  • 💹 Gross Profit margin improved to 17.27% from 15.81% in the previous year.
  • ✅ Total Assets increased by 17.27% to Rs. 47,509 million.
  • 🛡️ Shareholders’ Equity increased by 4.44% to Rs. 18,866 million.
  • 💼 Market Capitalization increased significantly by 43.24% to Rs. 10,625 million.
  • 💸 Cash Dividend per Share declared at Rs. 11.00.
  • ⚡️ Expansion of Coal Fired Power Plant (CFPP) is in the commissioning phase with expected operational benefits.
  • 📉 Average inflation dropped to 4.7% from 26.0% last year.
  • ⚠️ Key challenges include potential increases in natural gas/RLNG and coal prices, PKR depreciation, and weak demand.
  • A+ (Long-Term) and A-2 (Short-Term) credit ratings reaffirmed by VIS Credit Rating Company Ltd.

🎯 Investment Thesis

BUY. Sitara Chemical Industries Limited presents a compelling investment opportunity due to its strong financial performance, expansion plans, and improving economic conditions. The company’s focus on operational efficiency and strategic expansions will drive future growth. The company’s reaffirmation of its A+ credit rating is positive. A price target of PKR 550.00 with a medium-term horizon (12-18 months) is justified, based on continued earnings growth.

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Disclaimer: AI-generated analysis. Not financial advice.

Written by: FoxLogica News Analysis

Published on: November 21, 2025

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