UAE Equity Research - Invictus Investment Company PLC - Initiation Coverage
We initiate coverage on Invictus Investment Company PLC (“Invictus” or “the Company”) with an equity valuation of AED 3.00. The Company is a Dubai headquartered agro-food company operating across Africa, the Middle East, and Asia through an integrated platform spanning agricultural commodity trading, logistics, storage, processing, and value-added food operations.