It’s hard to escape the conclusion that buyers must envision either growth down the track, cost cutting, or both.The company’s revenue and earnings (over time) are depicted in the image below (click to see the exact numbers).Saudi Kayan Petrochemical wasn’t profitable in the last twelve months, it is unlikely we’ll see a strong correlation between its share price and its earnings per share (EPS). It was established under Saudi Arabia regulations with Commercial Registration No. 2055008450 issued on Al-Jubail Industrial City on 26 Jumada Al-Awal (12 June 2007) with a capital of SR 15 billion. Announces the Results of the Ordinary General Assembly Meeting, ( Second Meeting ) Unfortunately the Saudi Kayan Petrochemical Company (TADAWUL:2350) share price slid 25% over twelve months.
It’s easy to match the overall market return by buying an index fund. Another thing to keep in mind is that Saudi Kayan Petrochemical’s share price may be quite stable relative to the rest of the market, as indicated by its low beta.
With profit expected to grow by 23% over the next year, the near-term future seems bright for Saudi Kayan Petrochemical. Recently , TADAWUL:2350 had enough bullish strength to break above the black line . At least the damage isn’t so bad if you look at the last three years, since the stock is down 8.4% in that time. You consent to our cookies if you use this websiteThe project uses 258k tpa of propylene as a feedstock, where each company should provide its share in addition to 40 cubic meter of gas.The company’s Olefins plant produces annually 1.5 million metric tons of ethylene, 630,000 tons of propylene and 109,000 tons of benzine. Product Feedstock Usage That’s because fast revenue growth can be easily extrapolated to forecast profits, often of considerable size. Follow Saudi Kayan Tadawul TASI and get the latest News, Saudi Kayan Earnings, Saudi Kayan Financial Ratios, Saudi Kayan Market Data, Saudi Kayan Charts, Saudi Kayan careers and more. When a company doesn’t make profits, we’d generally expect to see good revenue growth. a 2350 saudi kayan -0.04 (-0.48%) 1441/08/26 19/04/2020 08:02:01 Saudi Kayan Petrochemical Co. Find market predictions, 2350 financials and market news. Saudi Kayan Petrochemical Company (TADAWUL:2350), which is in the chemicals business, and is based in Saudi Arabia, led the SASE gainers with a relatively large price hike in the past couple of weeks. Follow Saudi Kayan Tadawul TASI and get the latest News, Saudi Kayan Earnings, Saudi Kayan Financial Ratios, Saudi Kayan Market Data, Saudi Kayan Charts, Saudi Kayan careers and more. According to my valuation, the intrinsic value for the stock is SAR10.89, but it is currently trading at ر.س8.30 on the share market, meaning that there is still an opportunity to buy now. That downside risk was realized by Saudi Kayan Petrochemical Company (TADAWUL:2350) shareholders over the last year, as the share price declined 48%. Saudi Kayan Petrochemical Company () Stock Market info Recommendations: Buy or sell Saudi Kayan Petrochemical stock? Follow Saudi Kayan Tadawul TASI and get the latest News, Saudi Kayan Earnings, Saudi Kayan Financial Ratios, Saudi Kayan Market Data, Saudi Kayan Charts, Saudi Kayan careers and more. In just one year Saudi Kayan Petrochemical saw its revenue fall by 22%. Shareholders of unprofitable companies usually expect strong revenue growth. When you buy individual stocks, you can make higher profits, but you also face the risk of under-performance. Saudi Aramco supplies the company with the raw materials including, 40 million cubic meters a day of ethane, 80,000 barrels a day of butane blend and 40 million cubic feet a year of gas.Argaam uses cookies to personalize content, to provide social media features and analyze traffic, that we might also share with third parties. It looks like higher cash flow is on the cards for the stock, which should feed into a higher share valuation. The stock price has languished lately, falling 48% in a year. We think most holders must believe revenue growth will improve, or else costs will decline.You can see how earnings and revenue have changed over time in the image below (click on the chart to see the exact values).Saudi Kayan Petrochemical wasn’t profitable in the last twelve months, it is unlikely we’ll see a strong correlation between its share price and its earnings per share (EPS). According to present data Saudi Kayan Petrochemical's 2350 … Follow Saudi Kayan Tadawul TASI and get the latest News, Saudi Kayan Earnings, Saudi Kayan Financial Ratios, Saudi Kayan Market Data, Saudi Kayan Charts, Saudi Kayan careers and more. Good news, investors! Follow Saudi Kayan Tadawul TASI and get the latest News, Saudi Kayan Earnings, Saudi Kayan Financial Ratios, Saudi Kayan Market Data, Saudi Kayan Charts, Saudi Kayan careers and more. Saudi Kayan Petrochemical Company (Saudi Kayan) is a Saudi joint stock company leading the field of chemicals, polymers and specialty products.