Pre-Trading Thoughts

ORHD| A Dollar-Denominated Asset That Is Still Cheap. ORHD offers solid sales, exposure to the revival in tourism, diversified revenue mix (real estate, hotels, town management), sizable recurring income (hotels, town management), large residual land bank (around 25.0 million sqm), unique product offering (El Gouna, Makadi Heights, Taba Heights), solid development track record, and the shortest installment schedule and highest selling price among sector coverage offered in El Gouna. The stock...