Thread by @ReturnsJourney

Turkish stock market review update.
I have been pre selecting stocks from A to Z , excluding cyclicals, for my live watchlist.

I put them in a forum for my notes and third party analysis.
emergingvalue.wixsite.com/website/forum/…

Here are the stocks: (Thread)

Consumer-Arcelik AS
very export oriented at >70% of sales, famous in Europe

Holding-Sabanci Holding
Haci Omer Sabanci Holding AS is a Turkey-based company, which main purpose is to coordinate and perform liaison services regarding the activities of companies operating in various fields including mainly finance, industrials, manufacturing and trade.

Turkcel:

Telco expanding fast in services and Payments
superfluousvalueblog.wordpress.com/2021/08/25/tur…

Consumer-Ulker Biskuvi
Industry: Snacking (Biscuits, Chocolates)

Defensiveness: Very defensive

Concentration Risk: Low, large business in Saudi Arabia, Egypt, Kazakstan, and more.

Consumer-Tat Gida Sanayi
Tat Gida Sanayi AS, formerly Tat Konserve Sanayii AS (TAT), is a Turkey-based food processing company. The Company has synergies between the trademarks with SEK and Pastavilla. SEK is engaged in the production of milk and dairy products and Pastavilla ..

Healthcare-MLP Saglik
MLP Saglik Hizmetleri AS, formerly Medical Park Saglik Hizmetleri AS, is a Turkey-based company engaged in the healthcare sector. The Company operates more than 20 hospitals in more than 10 provinces in Turkey.

Retail-Migros Ticaret
Migros Ticaret AS, formerly Migros Turk TAS, is a Turkey-based company that operates in the food and consumer goods sector. The Company is engaged in the retail sale of all types of food products and consumer goods

Tech-Logo Yazilim Sanayi
Logo Yazilim Sanayi ve Ticaret AS is a Turkey-based company engaged in the development of computer operation systems, business application software, database structures, multimedia software

Financial Services-Is Yatirim Menkul Degerler
Is Yatirim Menkul Degerler AS (Is Yatirim) is a Turkey-based brokerage house established by Turkiye Is Bankasi to provide investment advisory services

interesting subsegment, not a plain bank

Industry-Goodyear Lastikleri
Goodyear Lastikleri TAS is a Turkey-based company engaged in the production and distribution of tires and other rubber products. The Company manufactures tires under the Goodyear brand for domestic and foreign markets

Industry-Brisa Bridgestone Sabanci
Brisa Bridgestone Sabanci Lastik Sanayi ve Ticaret AS (Brisa) is a Turkey-based company engaged in manufacturing, marketing and selling vehicle tires.

so two stocks on tires, which I think would benefit from long term trends.

my favorites for the end:

Consumer-Coca Cola Icecek
Coca-Cola Icecek AS (CCI) is a Turkey-based company engaged in the bottling and distribution of alcohol-free beverages in Turkey, Pakistan, Central Asia and the Middle East.

Consumer-Anadolu Efes
Anadolu Efes Biracilik ve Malt Sanayii AS is a Turkey-based company, which is engaged in the production, bottling, selling and distribution of beer
+ owns 50% of Coca Cola Icecek !

Consumer-AG Anadolu Grubu Holding

This holding seems to hold parts of everything, mostly Anadolu Efes, Coca Cola and Migros.

I only own Ulker, because trading is currently restricted here.

Lastly I have been focused on selecting stocks, building watchlists, live spreadsheet, plans to add more stocks on the website. some buying and selling. Many updates to site coming before analysis can resume

Some of my impressions: loads of companies with long history and solid. Many small caps stocks are expensive with the same chart but in a different sector (?-> speculation).
Management teams are usually good, but sometimes interests are not clearly for minority holders.

Other impression: In small EMs, you can have a deep company analysis but usually you will not predict the future precisely. Its better imo to use a diversified approach of solid EM companies at a good price while being geographically neutral.