Stock Exchange

Twenty-six pounds and 34 sharks... surprise in Teacon evaluation and 5% arrow drop.

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Samia al - Faqi

Taikon Infstmantis Holdling ' s share has been subjected to strong sales pressures during the Egyptian exchange transactions, decreasing for the maximum of 5%, before trading is suspended after touching the minimum price limits, following the announcement of the report of the independent financial adviser on the fair value of the company ' s stock, which set the fair value at 34 sharks for the share.

The disclosure was in conjunction with the company ' s intention to increase its capital from £26.125 million to £50 million, with a monetary increase of £23.875 million, through the denominationalization of shareholders, which necessitated the preparation of an independent fair value study in accordance with the requirements of the General Financial Control Board.

The study was prepared by an Arab investment and financial consulting firm (OIB), which was based in the evaluation on three major methodologies, including the adjusted book value, multiplier book value and multiplier profitability, while excluding methodologies based on cash flows or profit distributions, owing to a lack of a regular profit distribution policy, weak liquidity resulting from operational and investment activities, and inadequate profitability of the current value methodology for the remaining profits.

The report concluded that the fair value of the stock according to the modified book value method was 25 sharks, 50 sharks according to the multiplier of the book value, 26 sharks according to the multi-profit method, and after the results of the three valuation methods were weighted in equal relative weights, the independent financial adviser determined the fair value weighted to the company ' s stock at 34 sharks.

The report showed that as at 31 March 2026 the value of the share was 21 sharks, against a nominal value of 50 sharks, the fair value index to nominal value was about 0.67 times, while the fair value index recorded about 1.60 times.

The report revealed that the company had achieved a net profit of approximately Pound3.23 million during 2025, compared with Pound938.7 thousand in 2024, but recorded losses of Pound1.09 million during the first quarter of 2026.

Historical results show that the company ' s activity depends mainly on capital gains and securities transactions, with limited traditional operational income, which is reflected in the valuation methodology that excluded the use of the cash flow discount method.

This development follows the extraordinary performance of the company ' s stock over the past 12 months, with gains exceeding 100 per cent, becoming one of the most upward shares in the Egyptian stock exchange during that period, before being subjected to sale pressures following the publication of the fair value report, to be reduced to the maximum during the trading session, and transactions are suspended after reaching the minimum price limit.
The first market reaction followed the publication of the Fair Value Report, where Taikon Infstment Holdeding was subjected to sale pressure during the Egyptian exchange transactions, reversing at the maximum of 5% and closing at the level of £26.20 per share, before trading was suspended after contacting the lower price limits, in conjunction with the release of the report of the Independent Financial Adviser, which determined the fair value of the shares at 34 sharks.

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