The “Mazino line” of Piraeus, the security cushion of Coca-Cola and the “hidden” revenue of the PPA – Financial Submit – 2024-07-04 10:14:46

· Piraeus withstood the revenue taking that may moderately have occurred after Monday’s +5.4%.

· In fact, it broke the three-day upward streak that preceded it.

· It confirmed, nevertheless, that the degrees of three.50 euros will not be threatened once more.

· It was even one of many titles that stored sellers ready.

· All indicators level to her being prepared for the response.

· And this resistance has already been tried twice with out success.

· If it breaks upward, it is going to open the best way to three.70 euros.

· Relieving those that entered the 4 euro placement.

· Till these losses are subsequently coated, the inventory nonetheless has a technique to go.

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The brand new “ladder” of Coca Cola HBC

· Coca Cola HBC stays steady above 31 euros.

· And why not since, as we’re knowledgeable, gross sales are going… by prepare.

· The corporate has not been affected by the “conflict” it receives from anti-Israel activists.

· It appears to lastly resolve the difficulty of Russia, whereas final 12 months’s revaluations helped the margins.

· The share buyback program can be operating, which helps the inventory.

· The principle aim appears to be the definitive exceeding of the 12 billion of the capitalization.

· For the reason that starting of the 12 months it has really outperformed the market.

· Its income are over 19%, whereas the overall one is at +8.6%.

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Which nation does JP Morgan desire as a substitute of Greece?

· JP Morgan “sacrifices” Greece in its chubby suggestions.

· And this for the sake of… South Africa.

· In fact this was a purely technical transfer.

· The American financial institution doesn’t see any dangers that might considerably have an effect on Athens L.

· Quite the opposite, simply 14 days in the past he reiterated his lengthy advice on Greek bonds.

· A stance it maintains from November 2023, particularly for bonds maturing in 2033.

· Relating to the course of the Greek unfold, JP Morgan sees a de-escalation to 105 factors till subsequent September.

· Nonetheless, he believes that he’ll shut the 12 months round 115 items.

· This evaluation appears to tackle explicit significance after the turmoil within the markets brought on by the political developments in France, within the shadow of which there was a giant rise in French spreads.

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The car parking zone gives income to the PPA

· The PPA continues to reap an sudden revenue.

· And this comes from guarding the imported autos on the port.

· The massive improve within the quantity of imports forces the import corporations to go away extra time for the autos within the port.

· From ten to 14 days or extra, paying further for the keep and storage.

· Port berths are round 7,000 and are at all times full.

· Though this isn’t a sustainable revenue, however in a interval of turmoil it’s welcome…

· We remind you that the disaster within the Purple Sea has additionally affected visitors in Piraeus.

· So hail can be good for dampness….