Tips for Aktor, refineries

Tips for Aktor, refineries

This article is an AI translation of an original piece published in Greek. Read original

HELLENIC GOLD: During last year, the company carried out 40 exploratory drillings, aiming to identify new reserves. At the Olympias mine, 19 surface drillings were conducted, of which 9 confirmed the presence of new mineralization, with variable thickness from 3 to 7 meters. In Stratoni, 20 surface drillings were carried out, of which 19 identified skarn-type rocks of variable thickness and sulfide content (i.e. chemical compounds of metals with sulfur), ranging from 5 to 30 meters, and at Mavres Petres one drilling was completed, which identified lead and zinc with a thickness of five to eleven meters, within, however, a geotechnically poor rock mass. In short, reserves exist and were found at the right timing as well.

HELLENIC GOLD II: As of 31/12/2025, the company had a claim of 144.39 million euros from the State, due to VAT receivable. Of the above claim amount, 82.4 million euros concerned VAT receivable for fiscal year 2025, which was collected within the first three months of this year.

DIVIDENDS: Several listed companies on the Stock Exchange are trading from today without the right to the 2025 dividend, as the relevant ex-dividend dates are taking place.

Alpha Bank is trading ex-dividend with a final gross dividend of €0.0656/share, while together with the interim dividend, the total payout for fiscal year 2025 amounts to €0.114/share, with a total dividend yield of approximately 2.9%. At the same time, the stock is also supported by the share buyback program, which brings total 2025 distributions to shareholders to 519 million euros, in line with management’s commitment to distribute 55% of net profits.

OTE is also trading without a dividend of €0.90214/share (yield 4.64%), with payment on July 7.

HELLENiQ ENERGY is going ex-dividend for €0.4004/share (3.64%), while TITAN is distributing €1.10/share (2.13%).

Finally, Flexopack is trading ex-dividend at €0.175/share (2.16%).

AKTOR: The stock continues from one record to another. Yesterday it reached 13.78 euros with the rise reaching 2.84%, while trades were made even within a breath of 14 euros. Trading remains high as securities worth almost 13 million euros changed hands.

Thus, since June 15 the meter shows a return of over 39%

REFINERIES: The market continues to underestimate the sustainable profitability of HelleniQ Energy and Motor Oil, Eurobank Equities emphasizes in its report, in which it notes that the two stocks combine significant upside potential with particularly attractive dividend yields.

As Euro2day.gr wrote, the brokerage raised the target price for HelleniQ Energy to 12.6 euros from 9.4 euros and for Motor Oil to 53.2 euros from 39.1 euros, estimating that their valuations do not yet reflect the sector’s new, higher profitability base.

https://www.euro2day.gr/news/market/article/2358188/tayros-gia-helleniq-energy-kai-motor-oil-h-euroban.html

According to the report, the market continues to consider the strengthening of refining margins temporary, while in reality it is a more permanent change supported by reduced refining capacity in Europe, increased demand for diesel and aviation fuels, and more complex commercial supply routes.

Beyond the stocks’ upside prospects, the brokerage also highlights the generous distributions to shareholders. Its estimates point to a dividend yield of about 6% for HelleniQ Energy in both 2026 and 2027, while for Motor Oil a yield of around 5% is projected for both years. As it notes, the combination of high cash flows, strong operating profitability, and limited leverage allows the two companies to maintain an attractive shareholder reward policy.

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