The symbol of independence was traded on the stock exchange – Tejaratnews
According to Tejarat News, the symbol of Esteghlal, which was closed for about a month due to some uncertainties in the financial statements, returned to the stock exchange.
The trading symbol of Esteghlal Sports Cultural Company of Iran (Esteghlal 1), after disclosing the important information of Group B and after providing information about the matters leading to the creation in the Kodal system, the endowment of the arrangements contained in the executive instructions on how to conduct securities transactions in Iran’s over-the-counter exchange, with The limit of the range of price fluctuation became tradable today.
Esteghlal Club shares
In the past years, many countries of the world have started and implemented the process of privatization in order to carry out reforms in the field of economy and administrative system of their country. In this plan, a balance is established between the government and the market, and it should be noted that its implementation is in the interest of the market.
Recently, the privatization of Esteghlal Club of Tehran, whose share transfer was faced with many problems during recent years, has been registered in the Iranian stock market. Esteghlal Club’s entry into Iran’s capital market can be a turning point for the economy of this industry, and fans of this club can contribute significantly to the country’s economy by investing in it, through the purchase of Esteghlal shares.
Considering the importance of how to buy Esteghlal shares, for supporters of this great team as well as capital market investors, in the following, in relation to how to buy Esteghlal club shares in the stock market, the necessary conditions to receive it include the price of each share and also the time of purchase. This is the stock.
Guide to buying Esteghlal shares
In order to buy Esteghlal shares, applicants should have the necessary information regarding the value of this brand as well as the value of each of its shares, and after obtaining this information, proceed to purchase the shares. Next, in relation to how to buy Esteghlal shares in the over-the-counter market, as well as the necessary things that investors should pay attention to before buying these shares, the necessary guidelines are given.
The valuation of Esteghlal shares is based on the NAV method, or the net value of the assets of an investor company, in the capital market, which is used to calculate the intrinsic value of that company’s shares; Because based on the evaluations, regarding the price of Esteghlal Club, due to the losses, it is not possible to value it according to the rules related to profitability, and for this reason, this method has been used to value Esteghlal shares.
Also, based on the principles of international standards, to estimate the value of Esteghlal brand, which is a popular brand, the value of this brand has been calculated as 1780 billion Tomans. It should be noted that this valuation has been done according to the forecast of 30% growth rate, discount rate or the current value of 25%, as well as the income of this club and its future income. Also, it was inspired by the formula of 10 times the sponsor’s price to calculate the brand value of this club.
Investors can purchase Esteghlal shares over-the-counter in the same way as buying shares in the stock market. In order to buy Esteghlal shares, applicants must first receive their transaction code through electronic registration in the Sejam system at www.sejam.ir and also complete the authentication process.
Then, register in one of the reputable brokerages that operate in the field of the stock market and also complete the authentication process. Applicants, after obtaining a shareholder code and registering in an official brokerage, can easily purchase Esteghlal shares through their brokerage.
People who want to receive their exchange code in person can register through the sejam.ir website.
Source: ISNA