Superficial Stock Analysis: FENER - 16

Hello to everyone. I will make a brief evaluation of FENER shares traded in Borsa İstanbul.

Fenerbahçe Sports Club made its presidential election yesterday. The current president was the only candidate in the election. And he was elected president with about 6,500 votes. This was a big boost for a single-candidate election. Because a few days ago, there was an election with 5 candidates in the biggest rival club in the league. And about 4,500 votes were cast in that election. In short, it seems that the stability in Fenerbahçe will continue strongly.

Fenerbahce Futbol A.S. It is traded on the stock exchange under the name FENER. Stock closed last week with 39 TL. Recently, it has been stuck between 38-40 TL.

The technical analysis pin of the Tradingview site that I used to create the images shows "buy strong".

The president said they will announce the new coach in a few days. And they said that 3-4 major players will be transferred. The president relies on the staff formed last year. He believes that things will work out with 3-4 point transfers. For this reason, he says, we will not sell football players unless an extreme offer is made to the existing players. This can keep the stock intact. The expectation of a quality coach and good transfers can be priced in the stock market. I'm still not waiting for a dream. But as we always say, the stock market is an emotionless thing. And we cannot predict with certainty what will happen.

However, these are all my subjective views. I don't want it to be perceived as investment advice. You have to make your investment decisions entirely yourself.

Note: I translated the article from Turkish with Google Translate. I'm sorry for this.

İmages: Source