Siddik Bakir’s Post

Saudi Aramco recently presented astonishing financial results, which places it as the most profitable company in 2023 ahead of companies such as Apple, Berkshire Hathaway, Microsoft and Google. Looking at the other financial metrics, such as free cash flow and dividend paid, it clearly pictures how financially robust the company is and the impact that 2023 excellent performance will have on its shareholders' pockets 😅 . The most incredible thing is to realize that the commodities traded by this company are fundamental for carrying out the activities of the other companies mentioned before, thus magnifying the impact that this single entity had on a global scale. This is an example that energy companies from emerging economies (with vast energy resources) should emulate to produce the impact much expected and need for these countries. It also reaffirms that energy sector, together with technological and financial sector, are the lungs of the world economy. #Energy #Africa 🚀

#aramco 2023 financial results represent our second highest ever net income and are underpinned by our unique operational flexibility, reliability, and ongoing commitment to creating value for our shareholders   Learn more 👇 https://bit.ly/48Jen1X   #AramcoResults

A few thoughts on the Aramco Reuslts: Overall more resilience shown from Aramco in their 2023 reuslts despite the deep oil cuts and still volitile price environment. The company this year increased its capex guidance to 48-58 billion dollars and the strategy will be laser focused on boosting domestic gas output by 60% by 2030. The majority of the gas will come from the Jaffoura basin and will help displace 1.4 million bpd of liquid burning which could be potentially exported. Aramco will also continue the hunt of LNG opportunities and is looking at possible options in the US, and expand its downstream footprint in Asia with a particular focus on crude to checmicals. Aramco also announced that an increase their base dividend by 4% and their performance based dividend by 9%. It’s important to note that the performance linked dividends were calculated based on 2022 and 2023 results and the increase in the base follows a board review. The increase in dividend is not a result of Aramco saving $40 billion following the government mandate to drop the plan to build up oil capacity to 13 million bpd. On the maximum sustained capacity plans, Aramco will continue the work related to the expansion of the following fields: Zuluf, Dammam, Marjan & -Berri. The expansions on hold are for Safaniya and Manifa and it’s not clear when the contracts for those will be awarded. In terms of overall capex allocation Aramco plans to spend: 60% of upstream, 30% on downstream and 10% on renewable projects. The company still sees robust growth for this year supported by China and estimates oil demand to increase by 1.5 million bpd for the year.

It is essential for every individual in an organization to contribute towards creating shareholder value. In this regard, the finance department plays a critical role in ensuring that the Return on Invested Capital (ROIC) is greater than the Weighted Average Cost of Capital (WACC). This helps to ensure that the organization generates profits that exceed the cost of capital, creating value for shareholders. Let's work together to achieve this goal and create a profitable and sustainable future for our organization. #FinanceDepartment #ShareholderValue #ROIC #WACC

Don’t be anchored by the 'dinosaur seven', growth is in Ex 20 - Watch Yarra Capital Management's Dion Hershan on Portfolio Construction Forum and earn 0.50 CE/CPD hrs https://lnkd.in/ga-5ZDB4 #PortfolioForum #Markets #AustralianEquities #AustralianShares #ASX200 #ASX20 #ASXEx20 #Dinosaur7

The enmacc team, Alba Berlanga Moreno, Erwin Spolders, Syed Muhammad Mohamman, Simona Lamba, Ulrich von Fürstenberg, and Volker Puck, are so excited to be here at the REC Market Meeting. You can find us at stand No.15, where we will be happy to demonstrate how we empower traders with   - full pricing control for enhanced transparency and competitive pricing. - extensive network with over 200 active environmental counterparties, ensuring an unparalleled liquidity experience. - cutting-edge RFQ technology; traders can efficiently create demands, compare prices and execute trades. Don't miss out on the chance to speak with the team and get a live platform demo. #GoOs #EUAs #trading #greenenergy #environmentalcommodities #OTCtrading #platform

SAFCO Closes on $225 Million Asset-Backed Securities Issuance SAFCO is pleased to announce that we have successfully completed our second asset-backed securities ("ABS") issuance, further strengthening the company’s liquidity position and ability to execute on its growth strategies. The company successfully issued $225 million in rated Notes. Notably, the Class A Note received a rating of AAA from Kroll, attesting to the consistent performance and strength of SAFCO’s origination platform. The transaction was well received by the market with strong subscription levels. George Fussell, CEO of SAFCO, emphasized the significance of this financing milestone, stating, "We have successfully secured long-term, fixed-rate financing at attractive rates. This financing transaction is designed to strengthen our balance sheet while at the same time supporting our expansion into new markets. Our focus remains on broadening our portfolio and accelerating growth in markets that align with our target demographic, particularly in underbanked segments. We expect to be a regular issuer in the capital markets with increasing frequency and larger deal sizes as we grow our portfolio." #finance #business #money #investing #investment #success #credit #marketing

Don’t be anchored by the 'dinosaur seven', growth is in Ex 20 - Watch Yarra Capital Management's Dion Hershan on Portfolio Construction Forum and earn 0.50 CE/CPD hrs https://lnkd.in/gABNS8yV #PortfolioForum #Markets #AustralianEquities #AustralianShares #ASX200 #ASX20 #ASXEx20 #Dinosaur7

Our SaaS concept should be interesting for clients that: ✅ Consider to implement a digital inspection and maintenance concept for operational optimization ✅ Who has a digital inspection and maintenance concept that they are not satisfied with To make a long story short, the SafeEx SaaS concept will offer you a digital turnkey concept including system configuration-, onboarding-, hardware-, system installation- and first initial Ex inspection performed by the software. As a client you can save time and resources while testing a digital concept on something you need to perform anyway. After completed project evaluation you can either decide to take ownership on a fully loaded database or just be happy you have become compliant at half the cost and get a data dump of the documentation.

#AtlanticLithium #AXINO #axinocapital A very successful two day roadshow trip with Executive Chairman Neil Herbert & Finance Director Amanda Harsas. A great and advanced investment opportunity. #A11 is going to execute a lot of important milestones within the next few weeks and months! China is driving the demand for spodumene and is still the number one when it comes to technology used in their chemical plants (hydroxide). NO investment advice - but we are contrarians and buy when others sell 😉👍. MIFID: we are shareholders and a service provider to the company- two conflicts of interests to get named!