Misk Tadawul stock forecast

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1 Ocak 2024
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Despite the financial results announced by the Middle East Specialized Cables Company (MiSK) showing the company’s losses during the second half of last year, which may be a reason for the negative expectations for the company’s performance during the coming period, the expectations of experts in the Saudi financial market are characterized by a positive outlook on the performance of the stock. Misk Tadawul in the coming period, and what is evidenced by the stock’s trend to rise in trading sessions since the beginning of this year.
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As the company implements future plans to expand its investments, especially with the presence of a number of subsidiaries that increase the chances of achieving revenues and gains; It can be considered that investing in Misk shares is a good investment during the coming period, and that the losses the company incurred last year were consequences of the Corona pandemic, which negatively affected most companies in various investment sectors.
 
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