December 9, 2024

Valley Post

Read Latest News on Sports, Business, Entertainment, Blogs and Opinions from leading columnists.

Turtles, owls and ponies “Voices of Cassidiaris”, TUI talks about tourism record and opposition in Sarantes

Turtles, owls and ponies “Voices of Cassidiaris”, TUI talks about tourism record and opposition in Sarantes

Welcomeso of all we have f “Faws” of Corinth And Turtles from Aegina And Owls from Athens. what are these; But local coins used in ancient Greece around 550 BC. I’m referring to one of the two political events of yesterday, the financial one Tsakalotou +53 SYRIZA program On the adoption of local currencies, which have already been introduced for use by the Syriza bodies with the aim of preparing the final pre-election program on March 12. It seems that when Tsipras read it … his hair fell off and he threw it away, but 53 … is 53 years old and Tsakalotos … is Tsakalotos, no matter how we do it, along with of course other prominent members of the party that is competing On the government in the twenty-first month.

“What is this, guys?”

– When the news reached the press offices, I was surprised, did not believe it, and reacted with the well-known “cutting nonsense”, but of course when I learned that the proposal to “adopt or use local means of payment (local complementary currencies), etc. I called my well-known Syrian source and asked what was going on around him, and I found the answer: “Between Theoretical camouflage is +53 so is he… To make Alexis’ life difficult…». Look, Theory Blurs… Local Currencies in 2023 by Tsakalotos I can’t believe it at all. Unless they get something… Expired. Which makes his life more difficult (than it is…) probably It seems more convincing to me.

Watch out, the predator is listening…

– But the second political event yesterday was of his own making Tsipraswith the Divine saying “Our people do not respond to the enemy because a predator writes to them …”. You’re driving him crazy, you devilsHuman!

Where are the “Kassidiarides…”

– from rolling Polls (What they answer with, anyway) The only news is that’s the 4% that the surveys found They voted “for the Greeks” from Kasidiaris They are scattered among the “abstentions”, “white or void” and “EAN” of Kanilopoulos and other small parties that are just a stone’s throw away from entering Parliament.

The “project” that we will see in the coming months with loans

– It’s a topic that everyone prefers not to talk about. But with the passage of time and interest rates at current levels, it becomes more and more apparent that it seems that variable rate mortgage borrowers are not the only ones who are being asked to bear greater burdens. Serious focus of concern is Organized business loansSignificant loans have been restructured. For example, a company that took out 50 million loans arranged at Euribor + 2.5%, when interest rates were zero, paid 1.25 million interest annually. Now that the 12-month Euribor is 3.70% and the spread is 2.5%, he must pay 6.2% for the same borrowing, i.e. 3.1 million. Does EBIDTA allow this? And if covered by EBIDTA, How are other needs funded? This is the “project” we’ll see unfold in the coming months.

See also  Evolution trends in AXA-Ti showing fundamental and technical analysis of FRIGO, EVROF and TZKA

Self-assessments…that become objective

-Piraeus Bank model with Strix The transfer of non-bank holdings to it raised questions from the start, while it is curious that other systemic banks, which also have different holdings, did not follow suit. I am of course relieved that I am not the only one who does not understand, as in the 2021 Balance Sheet (pp. 141-142) Deloitte writes about the agreement with Palantir and the Mayfair transaction with respect to its portfolio, in-kind contribution to Strix Holdings in exchange for a minority stake and indicates that the investments in the newly formed Strix Holdings and Strix Asset Management are recognized at their fair value with the result being recognized in the Group’s income statement. Profit 184 millionDeloitte notes that “the particular transaction was considered a significant audit matter due to its complexity” and concludes that “the fair value measurement of a bank’s involvement involves significant accounting estimates with High degree of subjectivity(sic). Subjective estimates now Gain a degree of objectivitywith Strix Asset Management now advising the bank on values.

ELINOIL SCENARIOS

The scenarios in which an oil group wanted to communicate with ELINOIL and be in discussions about its acquisition, were recently denied by the listed company. Usually in the market there is no smoke without fire until after refutation There is no room for speculation. The hype seems to have arisen because it’s at ELLINOIL o Major contributor S. Karnesis He retires and passes the baton to his children. It seems that the management of the company and the new faces of the major shareholders have not fully developed the necessary communication codes and we have such incidents.

Komarek, Ireland and the highest levels of OPAP

-After the British National Lottery, one of the largest internationally, Karel Komarek’s Allwyn Entertainment seems interested in Taking over the Irish lottery too. Recently, Allwyn, the parent group of OPAP, acquired Camelot UK in the UK and Camelot Lottery Solutions, which operates the lottery in Illinois, from the Ontario Teachers’ Pension Fund (OTPRF). Canadian tutors now appear to be giving away their stake in the Irish lottery, and gambling groups from France, Australia and the United States have also been reported among the suitors. It should be noted that in addition to the lottery, Allwyn promotes its position in Online gambling, having bought the 36.75% stake held by OPAP in Betano, continues the business activities of Kaizen Gaming, that is, outside of Greece and Cyprus. At the same time, OPAP is preparing to announce the results From the first quarter of 2023 (on 24/5), having given strong guidance to EBITDA for 2023 at levels of €740-760m. At the same time, it also “takes care” of the numbers for 2024 as for the first quarter of the following year Eurojackpot, a pan-European type Joker game with big cash prizes filling the organization’s coffers. with all of those OPAP’s share price is at new highs And 13 years later, it has seen prices above €16 again, with Eurobank Equities setting the benchmark at €17.90.

Medical: New investments but board fees are higher than earnings

– The market is not satisfied with the results of Athens Medicine for the year 2022 as it was less than expected Due to the increase in energy costs and the amount of automatic clawbacks. also , lending It remains a very difficult thorn and last March a new €15m loan agreement was required to cover working capital. However, the company says 2023 will be better and is focusing on three of its investments. Initially, it is expected to be put into operation next September New Oncology Centre Which will be held in a new building in the medical center of Thessaloniki, with an investment of 25 million euros. At the same time, the licensing procedure for its creation is progressing Medical Park of Athens On an area of ​​83 acres for the company in the Bayana area. Finally, a piece of land directly in front of the hospital complex of the Medical Center in Al-Marousi on the “ring” that will be used in Collaboration with Dimand and GEKTERNA To build a modern office complex and other infrastructure. The new investments may bear fruit and improve the numbers of the listed company, because the net profit is 6.5 million, and at the same time the board fees have increased to 8.5 million, and I think it should not satisfy the shareholders.

TUI: Greece has the highest percentage of bookings

-a Sebastian EbelCEO of Europe’s largest travel organization TUI, which also brings most German tourists to our country (the first inbound tourism market for Greece with more than 4 million tourists), officially stated in the German Sunday press that Greece currently has the highest percentage of bookings And in some resorts of the country, the beds available for the group have already been sold out. He also talked about the end of so-called last minute deals this year as well as cheap flights.

Strong opposition in Sarantes

-It is of great importance balances Among the shareholders of the General Assembly of the Sarantis Group. of the conference attendees, 32.5% voted against electing a sworn and regular auditor and 34.3% opposed the bonus report. As of today, the stock is trading on the stock exchange without a dividend of €0.1495 per share.

New page for MIG

The party is over. today Don’t look for MIG stocks. Trading in MIG shares has been suspended since the company issued its March General Assembly resolution of a reverse split of 30 new shares for one old share. Trading of the new shares will begin on May 15. A reverse stock split does not change MIG’s capital. For each new share, 30 existing shares. Thus, with a par value of €0.10 and per share, the new share price is €3. However, the column did not see – unless it caught his eye – an announcement that President Catsoulas had sold the MIG shares he had bought prior to the Piraeus public offering. If in the end he actually owns the shares and does not succumb to the temptation of a quick profit, then The column must recognize the superiority it has shown – Even if I cried a black tear.

See also  Political risks affect the Athens Stock Exchange

Auction for hobbyists and collectors

– For those who like rare stock collections, On May 16, 42,000 shares of Plastic Crete will be sold. The stock is not considered one of the most tradable stocks and it is doubtful this year if it has achieved more than 150,000 shares. From now on, all sales are executed at the close of the meeting at the same price as the spot price.

Choral Association

– since yesterday Negotiation stopped An expiring Coral note that will normally be paid at its face value. It appears that BSB’s five-year corporate bonds will follow the same path Ends June 26th.

Morgan Stanley goes hand in hand with the stock exchange

– This morning the stock exchange presents a dossier A new derivative of the stock exchange Morgan Stanley. The new product will be in circulation from tomorrow in its composition of 10 Greek shares which are in the world standard basic index.

Greece – Austria .. Result?

– Today we are waiting First quarter results from Australian Card Holdings (formerly Inform Lykos). Among the company’s outstanding issues is how much dividends it will distribute, which we’ll find out in June. However, its deadline is July 10th.

Chrisanthi, we’ve lost…

-the Scarletbeauty.gr It was a website that catered to ladies and gentlemen who wanted beauty products at low prices. The site was run by a columnist and former Playmate, Chrisanthi Dafla, the ex-wife of Grigoris Sarantis of Sarantis Group of Companies. After 3 years of operation the site announced the next big End selling beauty products online He urges them – starting last Saturday – to watch ads for the “branded cosmetics and perfume bazaar”.

Alexis TsiprasMORGAN STANLEYEuclides TsakalotosMIGTUIELINOIL Athena MedicalCrate PlasticsBusiness Loans Chrysanthi Dafla Allwyn EntertainmentSTRIX Local Currency Votes Kassidiaris Sarantis GroupC CoralAustrianCard Holdings bond