SYRIZA: Whether you want to (let’s say…) or have to resign as an MP and can’t because of the alternates.
The issue concerns SYRIZA MPs who have publicly declared their support for Tsipras’s new party; they want to adhere to Amalia’s basic condition—“resign from your parliamentary seat first, and then we’ll talk”— but they are running into obstacles posed by their runners-up.
For example, if the MP for Euboea, Symeon Kedikoglou, resigns, the first runner-up, Milto Hatzigiannakis, cannot take the seat because just yesterday he was appointed Secretary of ELAS by Alexis Tsipras and, of course, the above condition applies to him.
Another example? If Giorgos Karameros resigns, the first alternate is Christos Spirtzis who, as far as we know, is not interested in taking the seat for Eastern Attica, while the second alternate is Myrto Korovesi, who has joined … Kasselakis’s “Democrats.”
A similar problem exists in the case of Alexis Haritsis’s resignation, since the runner-up is Manolis Makaris, who also followed Stefanos after his expulsion from SYRIZA.
Prediction? For current MPs who have one foot in the Hellenic Police but cannot resign for… technical reasons, the deadline for relinquishing their seats will not be as tight.
Not to mention that it’s impossible to estimate when the elections will take place…
TSIPRAS: Since that is the case, in the coming days the former prime minister will announce the composition of the National Council and the Political Committee of ELAS. Of course, this will be a provisional composition, since the official composition will be determined by the party’s first congress—later on, of course.
Amalia notes that dozens of “thematic groups and organizational coordination hubs” have already been established and are operating throughout Greece.
She also announces that the digital platform Myelas.gr will begin operating in a few days, offering interactive features for information sharing, discussion, engagement, and coordination among all members of the Coalition.
SHIPPING: A new wave of investment by Greek shipowners is in full swing, as geopolitical uncertainty and shifts in energy flows appear to be bolstering, rather than dampening, the appetite for fleet renewal and expansion.
According to Allied QuantumSea, Greek interests have placed 115 orders for newbuilds in the last quarter, a figure that rises to 133 when options are included. Tankers hold the largest share with 40 orders, followed by container ships with 38, bulk carriers with 25, and gas carriers with 12.
The brokerage notes that the crisis in the Strait of Hormuz served as a catalyst for new investments. What began in March as a bet on tankers quickly evolved into a broad fleet renewal program, covering everything from VLCCs and Suezmaxes to LNG carriers, VLGCs, container ships, and bulk carriers.
Companies such as Dynacom, Maran Tankers, Arcadia, Capital Ship Management, and Navios were at the forefront, while significant activity was also recorded in the containership sector by Costamare and Euroseas.
According to Allied, Greek shipowners are not merely purchasing capacity to meet immediate market needs, but are “locking in” shipyard slots for the end of the decade, positioning themselves for the next phase of the shipping cycle.
FEIDAKIS: Nasdaq-listed Globus Maritime revealed, in connection with its first-quarter results, that one of its vessels was in the Gulf region completing unloading operations when the conflict broke out.
According to Athanasios Feidakis’s company, the vessel managed to refuel and sail away safely before being affected by the navigation restrictions.
Management thanked the crews and shore staff for their professionalism, noting that the voyage was completed without any significant disruptions.
Despite geopolitical challenges, the company returned to profitability in the first quarter, posting a net profit of $1.1 million compared to a loss of $1.5 million a year earlier. Revenue rose to $12.2 million from $8.6 million, while the average daily freight rate stood at $15,706.
Globus estimates that shifts in trade flows and shipping routes may support the fundamentals of the dry bulk market, while remaining optimistic about the outlook for 2026, bolstering its fleet with two new ultramax vessels from Japanese shipyards.
SOCCER: Letters of protest sent to the Hellenic Football Federation (EPO) by interested market players raise serious questions about the transparency and design of the EPO’s tender for the television rights to the Greek Cup and the Super Cup.
The first issue concerns the terms of participation in the tender for the television rights. According to reports, in a letter, StrawStream argues that the tender notice appears to limit participation exclusively to traditional television providers with nationwide coverage, excluding audiovisual service providers operating legally in the Greek market via modern digital platforms.
The company argues that this constitutes an unjustified exclusion that runs counter to the principles of technological neutrality and free competition, depriving the Hellenic Football Federation (EPO) of the opportunity to attract more interested parties.
And potentially higher financial bids.
INVESTMENTS: Terracore Beton I.K.E. is making a dynamic entry into the construction and building materials sector; the company was established in Kos with an initial capital of 1 million euros.
The main shareholder is “International Project Management–Trade and Holdings LLC” with an 80% stake, while Georgios Psycharakis (10%), Drakos Psycharakis (5%), and Michael Psycharakis (5%).
The company is active in concrete production, aggregate mining, civil engineering, hotel construction, and waste management.
REAL ESTATE: The newly established Diva-Lina Single-Member S.A., which is entering the Corfu real estate market, has a share capital of €6 million and is wholly owned by L-Collection S.A.
The company is headquartered in Tsaki, Benitses, and its chairman and CEO is Spyridon Lekatsas.
Its business activities include the purchase, development, operation, and management of real estate, as well as construction work and prefabricated developments.
PRODEA: Invel sold approximately 1% of the listed company’s shares on Wednesday. According to a related announcement, it sold 28,434 shares at a price of 5.2 euros, raising a total of nearly 150,000 euros.
It should be noted that Invel controls the majority of the listed company’s shares, holding a stake of approximately 55%.
QUEST: As of today, the stock is ex-dividend for a 0.4-euro dividend, with shareholders receiving a net 0.38 euros.
VIOHALCO: The Stassinopoulos Group’s stock completed four consecutive sessions of decline yesterday. This followed a new high above €20.
Yesterday’s losses reached 1.85% (closing at 19.14%), bringing the cumulative decline to 8.2%. Nevertheless, it still posts a 60% return since the start of the year.
Elvalhalcor followed a similar trend. Yesterday, it fell to €4.72, or 1.56%. It has recorded six declines in the last seven sessions, with the cumulative drop amounting to 8.3%.
Cenergy, despite losing up to 1.5% yesterday, ultimately closed marginally higher at €24.10 (+0.17%). The stock’s year-to-date return stands at 60.6%.
OTE: A new yearly high for the company’s stock, which closed yesterday at €19.18 (+2.02%) with trading volume approaching €10.5 million.
It was the fourth consecutive session of gains for OTE. It should be noted that this year’s gains have reached 43%.
ALLWYN: Following the initiation of coverage by Solidus Securities with a “Buy” recommendation and a price target of €14.50 to €17.00, the stock closed yesterday’s session at €13.85, recording a 3.17%gain.
This extended a streak that has so far yielded eight gains in the last nine sessions.
The brokerage report focuses on the “new” Allwyn following the merger with OPAP, the strong first-quarter figures, the growth of digital operations, PrizePicks in the U.S., and Betano’s contribution—factors that, according to Solidus, have not yet been fully reflected in the valuation.
Of course, the year-to-date high stands at €19.01 as of January 2, meaning the stock is still trading at a discount of approximately 27%.
It remains to be seen how far the revaluation of the listed company’s new story may lead.
TITAN: Following NBG Securities’ upgrade of the target price to €65 and the maintenance of its “outperform” recommendation, the stock closed yesterday’s session at €50.80, recording a 4.27% gain and ranking among the day’s top performers.
The interest in the report is not limited solely to the higher target price, which implies an upside potential of nearly 28% from current levels.
The firm highlights the group’s resilience in the face of geopolitical turmoil, energy costs, and high interest rates, as well as the opportunities created by recent acquisitions in the U.S., France, and Turkey.
Despite yesterday’s strong rebound, the stock still has a ways to go before it reaches this year’s highs again. The year-to-date high remains at €58.80 on January 29, meaning that Titan is still trading about 13.6% below those levels.