The “bets” of Piraeus, Masoutis dresses up as Kalchas and the “roll of the dice” for Parnithas Casino – Economic Post

The “bets” of Piraeus, Masoutis dresses up as Kalchas and the “roll of the dice” for Parnithas Casino – Economic Post
The “bets” of Piraeus, Masoutis dresses up as Kalchas and the “roll of the dice” for Parnithas Casino – Economic Post
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Coca Cola runs parallel to the “rally” on the board

· New approach of 30 euros for Coca Cola. Let’s see if he doesn’t fear them one more time.

However, the 11 billion was seen again yesterday, giving points to the “100” of the total capitalization of the AX.

· The title is however running along with the market rally and can legitimately make an attempt to see the 30 euros.

· After all, she has seen them since February 2022, when she was also “hit” by… Russia.

· A lot of water has flown down the drain since then, with many price hikes and several new products.

· But also one more blow, below the waist because of Israel and Palestine.

· However, the lows of this two-year period were at 17.60 euros, in May 2022.

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The stakes for Piraeus’ profits

· Optima Bank expects the first quarter of 2024 to be strong for Piraeus, estimating profits at €220 million.

· Although the average estimate is 240 million euros.

· But where Optima Bank recommends paying attention is in the update of the outlook by the administration.

· Optima Bank sees the stock trading at 0.71x in P/TBV terms based on 2024 estimates.

· This means a discount of 35% compared to European and 16% compared to Greek banks.

· Thus, the target price at 5 euros indicates a potential upside of 25%.

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From Parnitha to Marousi a… St. E road

· By the end, the management of North Star Entertainment estimates that they will start the work on the transfer of the Parnitha casino to Marousi.

· As he mentioned yesterday in the context of a press conference, by then it is hoped that all the necessary building permits will be issued, so that the bulldozers can get to work.

· It is estimated that the delivery of the project codenamed VORIA will take place within 33 months from the start of construction.

· Circles close to the project argue that the ongoing legal battle does not affect the whole project which is progressing normally.

· We remind you that Municipalities, Unions and residents of Amarousi and the neighboring Municipalities-areas have appealed to the Council of Ministers against the project.

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It will “rain” acquisitions in supermarkets

· Neither one nor two. Twenty small and medium supermarket chains, maybe even more, in the next two years will have been absorbed.

· Yiannis Masoutis, owner of the Diamantis Masoutis chain, said that “anyone who is not absorbed will be closed”.

· In fact, according to him, the hard dilemma does not concern only those chains with a turnover of a few million, but also much larger ones.

· “Those companies that are below 500 million euros, will be forced” said the experienced retailer.


The article is in Greek

Tags: bets Piraeus Masoutis dresses Kalchas roll dice Parnithas Casino Economic Post

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