FAB.mp4
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00:00 The largest Abu Dhabi bank in terms of its assets and assets in my group or among my group of Emirati banks.
00:10 The markets are waiting for the results of its business.
00:12 The expectations are that the data that will be announced for the second quarter of this year,
00:18 perhaps, will be recorded at a rate of approximately 27% compared to the same quarter of the previous year.
00:28 We expect the profits to reach 3.7 billion dirhams compared to 2.9 billion.
00:35 As I mentioned, 27% is the expected bank profits.
00:41 As for the bank's profits, it is good.
00:43 It has a PE ratio of 13 times.
00:46 The distribution revenue is 3.8%.
00:48 Therefore, the market will decide whether it will remain on the share compared to the distribution revenue at the share price
00:53 or it will leave before the distribution revenue is fulfilled.
00:58 How did the share market move start for us since the beginning of this year?
01:03 We are talking about the trading practices on the share market.
01:07 At the beginning of the year, we had a kind of sale.
01:11 This is shown in the red Japanese candles, how it was able to end the rise.
01:16 Then we entered a side-wide channel and a wide-scale as we have shown.
01:22 The bank did not record very strong levels during this time.
01:25 It remained limited in this framework.
01:28 The returns from the beginning of the year were about 20%.
01:31 But the last sessions that it traded on were referring to the returns.
01:37 The returns in the Japanese candles are not big.
01:40 Therefore, we do not have a candle of inflation that we say may change from one path to another.
01:47 We will have a detailed discussion during the sessions with the latest developments of the bank's share market
01:53 and when the bank announced its financial results.