B Investments Holding: Initiation of Coverage – Embracing ingenuity
We Initiate coverage on BINV with an Overweight rating, based on equity value of EGP2,827mn, fair value of EGP17.67/sh
Upside risks include higher than expected growth in the value of the current investments, among others
Downside risks include lower than expected growth of the company’s investments, among others
Equity Research Analyst @ Al Ahly Pharos Securities Brokerage
