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United Kingdom

GB Auto SAE (AUTO.CA)

AUTO.CA on Cairo Stock Exchange

4.80EGP
13 Dec 2018
Change (% chg)

£0.05 (+1.05%)
Prev Close
£4.75
Open
£4.78
Day's High
£5.00
Day's Low
£4.77
Volume
836,139
Avg. Vol
904,570
52-wk High
£7.00
52-wk Low
£3.93

Latest Key Developments (Source: Significant Developments)

GB Auto Posts Q3 Profit
Sunday, 11 Nov 2018 

Nov 11 (Reuters) - GB AUTO ::Q3 NET INCOME EGP 240.4 MILLION VERSUS LOSS OF EGP 138.9 MILLION YEAR AGO.Q3 TOTAL SALES REVENUE EGP 7.92 BILLION VERSUS EGP 5.03 BILLION YEAR AGO.  Full Article

Egypt's GB Auto Plans To Sell Upto 20 Pct Stake In MNT Investment
Wednesday, 8 Aug 2018 

Aug 8 (Reuters) - GB AUTO ::PLANS TO SELL A STAKE OF UPTO 20 PERCENT IN MNT INVESTMENT.SAYS ADVISOR COMPLETED FAIR VALUE STUDY OF THE STOCK PRICE AT EGP 253.36 PER SHARE FOR A TOTAL OF 2 MILLION SHARES FOR MNT.BOARD HAS APPROVED PLAN TO SELL UP TO 20 PERCENT STAKE IN MNT INVESTMENT AFTER FAIR VALUE STUDY.  Full Article

GB Lease Places EGP 355 Mln Securitized Bond Offering
Sunday, 8 Jul 2018 

July 8 (Reuters) - GB AUTO ::GB LEASE PLACES MAIDEN LE 355 MILLION SECURITIZED BOND OFFERING.THE OFFERING CONSISTS OF THREE TRANCHES WITH TENORS OF 13, 36, AND 60 MONTHS.PROCEED FROM TRANSACTION WILL BE USED TO DELEVERAGE GB LEASE'S BALANCE SHEET TO IMPROVE LIQUIDITY POSITION, CREATE NEW BORROWING LIMITS WITH LENDER BANKS.FIRST TRANCHE CONSISTS OF LE 154 MILLION, 13-MONTH NON-CALLABLE BOND WITH VARIABLE YIELD OF 55 BPS OVER NET AFTER TAX RETURN ON 182-DAY EGYPTIAN TREASURY BILLS.SECOND TRANCHE CONSISTS OF LE 167 MILLION , 36-MONTH CALLABLE BOND WITH VARIABLE YIELD OF 110 BPS OVER NET AFTER TAX RETURN ON 182-DAY EGYPTIAN TREASURY BILLS.THIRD TRACHE OF A LE 34 MILLION, 60-MONTH CALLABLE BOND WITH A VARIABLE RETURN OF 170 BPS OVER NET AFTER TAX RETURN ON 182-DAY EGYPTIAN TREASURY BILLS.  Full Article

Gb Auto Shareholders Approve R.G. Investment Merger
Tuesday, 15 May 2018 

May 15 (Reuters) - GB Auto SAE ::SHAREHOLDERS GIVE INITIAL APPROVAL FOR MERGER OF R.G. INVESTMENT WITH CO AT BOOK VALUE.  Full Article

GB Auto Board Approves Merger With R.G. Investment
Monday, 16 Apr 2018 

April 16 (Reuters) - GB AUTO ::BOARD GIVES INITIAL APPROVAL FOR MERGER OF R.G. INVESTMENT WITH CO AT BOOK VALUE.  Full Article

Egypt's GB AUTO FY Loss Narrows
Sunday, 4 Mar 2018 

March 4 (Reuters) - GB AUTO SAE ::FY CONSOL NET LOSS ATTRIBUTABLE TO SHAREHOLDERS EGP 666.9 MILLION VERSUS LOSS OF EGP 865.7 MILLION YEAR AGO.FY CONSOL SALES EGP 17.66 BILLION VERSUS EGP 15.29 BILLION YEAR AGO.  Full Article

Raouf Ghabbour transfers his shares in GB Auto to RG Investment
Tuesday, 14 Nov 2017 

Nov 14 (Reuters) - GB AUTO ::RAOUF GHABBOUR TRANSFERS HIS SHARES IN GB AUTO TO R.G. INVESTMENT, WHICH IS FULLY WONED BY HIM‍​.  Full Article

Egyptian Exchange executes block trading on GB Auto shares
Tuesday, 14 Nov 2017 

Nov 14 (Reuters) - EGYPTIAN EXCHANGE::BLOCK TRADING ON 276.7 MILLION SHARES OF GB AUTO EXECUTED FOR TOTAL VALUE OF EGP 899.2 MILLION.  Full Article

GB Auto posts Q3 consol loss
Monday, 6 Nov 2017 

Nov 6 (Reuters) - GB AUTO :Q3 CONSOL NET LOSS ATTRIBUTABLE TO SHAREHOLDERS EGP 138.9 MILLION VERSUS PROFIT OF EGP 39.4 MILLION YEAR AGO.Q3 CONSOL SALES EGP 5.03 BILLION VERSUS EGP 4.32 BILLION YEAR AGO.  Full Article