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MENA Chemicals – Consensus overly bullish for Q1’12

MENA Chemicals – Consensus overly bullish for Q1’12
· Costs increases far outstripping product prices in Q1’12. Anticipating earnings misses
from most with the exception of Industries Qatar and SAFCO
· Significantly below consensus in Q1’12 for Saudi Kayan, APC, OCI and NIC.
Consensus 2012 estimates also need to come down for most, in ou...full article available after login

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