{"id":37156,"date":"2014-12-01T16:48:26","date_gmt":"2014-12-01T14:48:26","guid":{"rendered":"http:\/\/www.bilgeyatirimci.com\/?p=37156"},"modified":"2014-12-01T17:14:45","modified_gmt":"2014-12-01T15:14:45","slug":"ali-erkan-tanacioglu-konya-cimento-hisse-analizi-01-12-2014","status":"publish","type":"post","link":"https:\/\/www.bilgeyatirimci.com\/i\/ali-erkan-tanacioglu-konya-cimento-hisse-analizi-01-12-2014\/","title":{"rendered":"Ali Erkan Tanac\u0131o\u011flu &#8211; KONYA \u00c7\u0130MENTO H\u0130SSE ANAL\u0130Z\u0130-(01.12.2014)"},"content":{"rendered":"<p><em><strong>Y\u0131llar itibariyle sat\u0131\u015f gelirlerinde g\u00f6r\u00fclen art\u0131\u015f, maliyetlerin de iyile\u015fmesi ile finansal tablolar\u0131na olumlu yans\u0131yarak esas faaliyet kar\u0131 ve net kar\u0131n\u0131 artt\u0131rm\u0131\u015ft\u0131r.<\/strong><\/em><\/p><div class=\"bilge-yaziust\" style=\"margin-top: 10px;margin-bottom: 10px;\" id=\"bilge-1243329501\"><ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-client=\"ca-pub-7495567325667578\"\r\n     data-ad-slot=\"9580705384\"\r\n     data-ad-format=\"rectangle\"\r\n     data-full-width-responsive=\"true\"><\/ins>\r\n<script>\r\n(adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><\/div>\n<p><a href=\"http:\/\/www.bilgeyatirimci.com\/wp-content\/uploads\/2014\/12\/konya-sat\u0131\u015f-karl\u0131l\u0131k.jpg\" data-wpel-link=\"internal\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter wp-image-37157\" src=\"http:\/\/www.bilgeyatirimci.com\/wp-content\/uploads\/2014\/12\/konya-sat\u0131\u015f-karl\u0131l\u0131k.jpg\" alt=\"konya sat\u0131\u015f karl\u0131l\u0131k\" width=\"700\" height=\"265\" srcset=\"https:\/\/www.bilgeyatirimci.com\/wp-content\/uploads\/2014\/12\/konya-sat\u0131\u015f-karl\u0131l\u0131k.jpg 801w, https:\/\/www.bilgeyatirimci.com\/wp-content\/uploads\/2014\/12\/konya-sat\u0131\u015f-karl\u0131l\u0131k-300x113.jpg 300w\" sizes=\"auto, (max-width: 700px) 100vw, 700px\" \/><\/a><\/p>\n<p>Y\u0131llar itibariyle sat\u0131\u015f gelirlerinde g\u00f6r\u00fclen art\u0131\u015f, maliyetlerin de iyile\u015fmesi ile finansal tablolar\u0131na olumlu yans\u0131yarak esas faaliyet kar\u0131 ve net kar\u0131n\u0131 artt\u0131rm\u0131\u015ft\u0131r. 2014\/09 d\u00f6nemine ait finansal tablolar\u0131nda d\u00f6nemsel sat\u0131\u015flar 255.7 milyon TL seviyesinde ger\u00e7ekle\u015fmi\u015ftir. Ge\u00e7en y\u0131l\u0131n ayn\u0131 d\u00f6nemine bakt\u0131\u011f\u0131m\u0131zda ise sat\u0131\u015flar\u0131n 211.5 milyar TL seviyesinde oldu\u011funu g\u00f6r\u00fcyoruz. 2013\/9 d\u00f6nemine g\u00f6re sat\u0131\u015flar y\u00fczde 20,8 oran\u0131nda art\u0131\u015f g\u00f6stermi\u015ftir. Ge\u00e7mi\u015f 7 y\u0131ll\u0131k verilerin ortalamas\u0131na g\u00f6re sat\u0131\u015flar\u0131n b\u00fcy\u00fcmesi pozitif olmu\u015ftur ve artan bir trend sergilemektedir. Sat\u0131\u015flar\u0131n maliyetinin net sat\u0131\u015flara oran\u0131 8.4 puan gerileyerek 2014\/9 d\u00f6neminde %71.47\u2019ye gerilemi\u015f, buna paralel olarak, br\u00fct k\u00e2r marj\u0131 %20\u2019den %28\u2019e y\u00fckselmi\u015ftir. Esas faaliyet k\u00e2rl\u0131l\u0131\u011f\u0131na bakt\u0131\u011f\u0131m\u0131zda ise ge\u00e7en y\u0131l\u0131n ayn\u0131 d\u00f6neminde 25.7 milyon TL olan esas faaliyet k\u00e2r\u0131n\u0131n bu d\u00f6nemde 53.9 milyon TL oldu\u011fu g\u00f6r\u00fcl\u00fcyor. Dolay\u0131s\u0131yla esas faaliyet kar\u0131 ge\u00e7en y\u0131l\u0131n ayn\u0131 d\u00f6nemiyle kar\u015f\u0131la\u015ft\u0131r\u0131ld\u0131\u011f\u0131nda 2.1 kat art\u0131\u015f g\u00f6stermi\u015ftir.<\/p>\n<p><a href=\"http:\/\/www.bilgeyatirimci.com\/wp-content\/uploads\/2014\/12\/konya-gider.jpg\" data-wpel-link=\"internal\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter wp-image-37174\" src=\"http:\/\/www.bilgeyatirimci.com\/wp-content\/uploads\/2014\/12\/konya-gider.jpg\" alt=\"konya gider\" width=\"700\" height=\"266\" srcset=\"https:\/\/www.bilgeyatirimci.com\/wp-content\/uploads\/2014\/12\/konya-gider.jpg 794w, https:\/\/www.bilgeyatirimci.com\/wp-content\/uploads\/2014\/12\/konya-gider-300x114.jpg 300w\" sizes=\"auto, (max-width: 700px) 100vw, 700px\" \/><\/a><\/p>\n<p>FAV\u00d6K marj\u0131 ise faaliyet giderlerinin net sat\u0131\u015flara oran\u0131ndaki d\u00fc\u015f\u00fc\u015f ve sat\u0131\u015f gelirlerindeki art\u0131\u015f\u0131n etkisi ile %16\u2019dan %25\u2019e y\u00fckselmi\u015f olup, \u015firket 66.2 milyon TL FAV\u00d6K kaydetmi\u015ftir. (2013\/09: 35.2 milyon TL)2014\/9 d\u00f6neminde 48.8 milyon TL kar a\u00e7\u0131klam\u0131\u015ft\u0131r.(2013\/9:23.1 milyon TL) \u015eirketin istikrarl\u0131 \u015fekilde b\u00fcy\u00fcyen sat\u0131\u015flar\u0131, olumlu finansal performans\u0131 ve \u00e7arpanlar\u0131 itibariyle (21.31 F\/K (sekt\u00f6r 11.59) ve 3.74 PD\/DD (sekt\u00f6r 2.01)) de\u011ferlerinden i\u015flem g\u00f6r\u00fcp, \u00f6zvarl\u0131k karl\u0131l\u0131\u011f\u0131 17.37 ve net kar marj\u0131 18.39 olan hisse fiyat\u0131, piyasa \u00e7arpanlar\u0131 \u00f6nceki d\u00f6nemlerine g\u00f6re kar\u015f\u0131la\u015ft\u0131r\u0131ld\u0131\u011f\u0131nda ucuz kalmaktad\u0131r. Son bir y\u0131lda BIST-100 endeksine g\u00f6re performans\u0131na bakt\u0131\u011f\u0131m\u0131zda Mart 2014 tarihinden itibaren BIST-100 alt\u0131nda performans sergileyen \u015firketin \u00f6n\u00fcm\u00fczdeki d\u00f6nemde endekse paralel bir performans sergilemesini bekliyoruz.<\/p>\n<p><a href=\"http:\/\/www.bilgeyatirimci.com\/wp-content\/uploads\/2014\/12\/KONYA-\u00d6ZVARLIK-VE-ENDEKS.jpg\" data-wpel-link=\"internal\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter wp-image-37158\" src=\"http:\/\/www.bilgeyatirimci.com\/wp-content\/uploads\/2014\/12\/KONYA-\u00d6ZVARLIK-VE-ENDEKS.jpg\" alt=\"KONYA \u00d6ZVARLIK VE ENDEKS\" width=\"700\" height=\"246\" srcset=\"https:\/\/www.bilgeyatirimci.com\/wp-content\/uploads\/2014\/12\/KONYA-\u00d6ZVARLIK-VE-ENDEKS.jpg 832w, https:\/\/www.bilgeyatirimci.com\/wp-content\/uploads\/2014\/12\/KONYA-\u00d6ZVARLIK-VE-ENDEKS-300x105.jpg 300w\" sizes=\"auto, (max-width: 700px) 100vw, 700px\" \/><\/a><\/p>\n<p><a href=\"http:\/\/www.bilgeyatirimci.com\/wp-content\/uploads\/2014\/12\/konya-grafik.png\" data-wpel-link=\"internal\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter wp-image-37171\" src=\"http:\/\/www.bilgeyatirimci.com\/wp-content\/uploads\/2014\/12\/konya-grafik.png\" alt=\"konya grafik\" width=\"700\" height=\"721\" srcset=\"https:\/\/www.bilgeyatirimci.com\/wp-content\/uploads\/2014\/12\/konya-grafik.png 636w, https:\/\/www.bilgeyatirimci.com\/wp-content\/uploads\/2014\/12\/konya-grafik-291x300.png 291w\" sizes=\"auto, (max-width: 700px) 100vw, 700px\" \/><\/a><\/p>\n<p>&nbsp;<\/p>\n<p>G\u00fcnl\u00fck grafikte 254.00 yatay direncini yukar\u0131 k\u0131rarak 276.50 seviyesine kadar g\u00f6r\u00fclen y\u00fckseli\u015f sonras\u0131nda hisse fiyatlar\u0131n\u0131n azalan i\u015flem hacmiyle gev\u015fedi\u011fi g\u00f6r\u00fclmektedir. Orta vadeli trend g\u00f6stergelerinden MACD s\u0131f\u0131r seviyesi ve triggeri \u00fczerinde yukar\u0131 y\u00f6nl\u00fc seyrine devam etmektedir. A\u015f\u0131r\u0131 al\u0131m sat\u0131m indikat\u00f6rlerinden RSI kendi ortalamas\u0131 \u00fczerinde y\u00fckseli\u015fini s\u00fcrd\u00fcrmektedir. Hisse fiyatlar\u0131 ile i\u015flem hacmini beraber de\u011ferlendirdi\u011fimizde yukar\u0131 y\u00f6nl\u00fc hareketlerde i\u015flem hacminin art\u0131\u015f g\u00f6sterdi\u011fi, d\u00fc\u015f\u00fc\u015flerde ise i\u015flem hacminin azald\u0131\u011f\u0131 g\u00f6r\u00fclmektedir. yukar\u0131 y\u00f6nl\u00fc hareketlerde diren\u00e7 olarak 277.50 ve 292.90 seviyeleri dikkat \u00e7ekmektedir. A\u015fa\u011f\u0131 y\u00f6nl\u00fc hareketlerde ise destek olarak 254.00-242.00 kar\u015f\u0131la\u015f\u0131labilecek destekler olarak g\u00f6r\u00fclmektedir.<\/p>\n<p>teknik olarak \u00a0al\u0131m i\u00e7in 264.00-270.00 fiyat aral\u0131\u011f\u0131 uygun g\u00f6r\u00fclmektedir. Hedef olarak 286.00-292.00 fiyat aral\u0131\u011f\u0131 kar realizasyonu i\u00e7in se\u00e7ilebilir. Olas\u0131 d\u00fc\u015f\u00fc\u015flerde zarar\u0131n b\u00fcy\u00fcmesini \u00f6nlemek ad\u0131na 254.00 seviyesine stop konularak, bu seviye alt\u0131nda ger\u00e7ekle\u015fen kapan\u0131\u015fta sat\u0131\u015f yap\u0131lmas\u0131 gerekmektedir.<\/p>\n<p>Alternatif senaryo: Genel konjonkt\u00fcr\u00fc olumsuz etkileyecek siyasi ve ekonomik geli\u015fmeler nedeniyle BIST-100 endeksinin d\u00fc\u015f\u00fc\u015fe ba\u015flamas\u0131 ve KONYA&#8217;n\u0131n da 228.00 destek seviyesine gerilemesi durumunda uzun vadeli al\u0131m yap\u0131labilir. 228.00-236.00 fiyat aral\u0131\u011f\u0131ndan al\u0131m yap\u0131lmas\u0131 \u00a0halinde 216.50 seviyesine stop konularak hedef olarak \u00a0273.90-277.50 seviyesi belirlenebilir.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Y\u0131llar itibariyle sat\u0131\u015f gelirlerinde g\u00f6r\u00fclen art\u0131\u015f, maliyetlerin de iyile\u015fmesi ile finansal tablolar\u0131na olumlu yans\u0131yarak esas faaliyet kar\u0131 ve net kar\u0131n\u0131 artt\u0131rm\u0131\u015ft\u0131r. Y\u0131llar itibariyle sat\u0131\u015f gelirlerinde&hellip;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[1],"tags":[1083,1081,1077,1076,1430,1429],"class_list":["post-37156","post","type-post","status-publish","format-standard","hentry","category-tumyazilar","tag-araci-kurum-arastirma-raporlari","tag-hisse-senedi-arastirma-raporlari","tag-hisse-senedi-yorumlari","tag-hisse-yorumlari","tag-konya-cimento-hisse-yorumlari","tag-konya-cimento-hisse-yorumu"],"_links":{"self":[{"href":"https:\/\/www.bilgeyatirimci.com\/wp-json\/wp\/v2\/posts\/37156","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.bilgeyatirimci.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.bilgeyatirimci.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.bilgeyatirimci.com\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.bilgeyatirimci.com\/wp-json\/wp\/v2\/comments?post=37156"}],"version-history":[{"count":0,"href":"https:\/\/www.bilgeyatirimci.com\/wp-json\/wp\/v2\/posts\/37156\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.bilgeyatirimci.com\/wp-json\/wp\/v2\/media?parent=37156"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.bilgeyatirimci.com\/wp-json\/wp\/v2\/categories?post=37156"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.bilgeyatirimci.com\/wp-json\/wp\/v2\/tags?post=37156"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}