Turkey Stocks

First, this is not a group of stocks that is a play on the upcoming Thanksgiving holiday. Second, this is not a group of bad stocks that uses the word 'turkey' as a negative connotation. This is a list of stocks of companies based in the country of Turkey. Most trade on the Pink Sheets, but a couple trade on the New York Stock Exchange. Here is some interesting trivia about Turkey:

1. It is one of the fastest growing economies in the world.
2. It is ranked 16th of all countries in GDP purchasing power parity.
3. It is a founding member of the Organisation for Economic Co-operation and Development.
4. GDP grew by 7.4% for 2005.
5. The service sector makes up 64.5% of GDP.
6. They received $18.2 billion in revenues from tourism in 2005.
7. Their inflation rate dropped to 8.2% in 2005.
8. They received $8.5 billion in foreign direct investment in 2005.
9. Their literacy rate is 95.3% for men and 79.6% for women.

Here are the stocks of Turkey that trade in the United States:

TURKISH INVESTMENT FUND (TKF) This is a closed end fund that invests in Turkish companies. The fund currently sells at a 12.4% discount to net asset value [corrected and updated].

AKBANK TURK ANO (AKBTY.PK) A commercial bank based in Turkey that provides corporate, commercial, retail and private banking services. Net profit margin is 36.28% and return on average equity is 16.79%.

ANADOLU EFES BIRACILIK VE MALT SANAYII AS (AEBZY.PK) A beer and non-alcoholic beverage manufacturer and bottler of beverages. Net profit margin is 17.83% and return on average equity is 36.73%.

BIM BIRLESIK (BMBSY.PK) They sell food and consumer goods through a chain of over 1500 discount stores. Net profit margin is 3.76% and return on average equity is 79.18%.

DENIZBANK SA (DZBKY.PK) It is a provider of retail banking, private banking, and business banking services. Net profit margin is 37.21% and return on average equity is 23.62%.

FINANSBANK AS (FNKXF.PK) It is a provider of retail banking, private banking, credit card, and small, medium, and large banking services. Net profit margin is 34.63% and return on average equity is 25.63%.

HACI OMER SABANCI HLDG. (HOMJF.PK) Is a conglomerate which owns businesses in the areas of banking, insurance, tires, automotive, retail, food, cement, chemicals, textiles and energy. Their profit margin is 19.13% and their return on average equity is 22.42%.

TOFAS TURK OTOMOBIL FABRIK (TTOBF.PK) It is a manufacturer of passenger cars and light commercial vehicles, as well as enginesand auto parts. Their models include Palio, Albea, Marea and Doblo. The profit margin is 4.80% and return on average equity is 16.82%.

TURK EKONOMI BANKASI (TEKBF.PK) It is a provider of corporate, commercial, retail and private banking services. The profit margin is 18.11% and return on average equity is 19.56%.

TURKCELL ILETISIM HIZMETLERI AS (TKC) The company provides wireless telephone services, sports and news entertainment, Internet services, and other telecommunications services. The stock has a P/E of 20, a PEG of 0.98, and a yield of 2%.

TURKIYE GARANTI BANK (TKGBF.PK) It is a banking company with over 500 domestic branches. Net profit margin is 60.66% and return on average equity is 77.09%.

TURKIYE IS BANKASI (TYIBF.PK) It is a provider of retail and commercial banking services. Net profit margin is 21.59% and return on average equity is 16.8%.

YAPI VE KREDI BANKAS (YVKAF.PK) It is a provider of bank and financial services. Net profit margin is 24.47% and return on average equity is 25.68%.

For more information on other stocks around the world, go to WallStreetNewsNetwork.com.

Author does not own any of the above.

By Fred Fuld at Stockerblog.com