*Earnings set for Thursday 19th August *The company announced last week that its ramp-up of PV module production delayed by few weeks which has caused some weakness the last days along with the market sell-off – we believe this is only a minor set back *We see a 100-200% Upside from here Catalysts on our list:…
It trades on the same multiples as ITX for twice the growth and half the multiple of ZAL for the same growth. If want to be market neutral happy to play vs short ZAL GY. Looking at a peer valuation we see BOO LN is trading at a 25% discount with a PT of 410p….
The stock has come all the way from EUR 85 to around EUR 60-65 since February’s guidance cut as analysts have cut projections which has left the stock around the March 2020 lows despite company being in the right industry in Covid times We see the move as overdone and the current consensus as too…
The 1Q banking earnings to date are supportive of the KBC story. Stock is huge laggard YTD versus the p/book discounted names but they’re in the right zone now to play catch-up and we expect a robust Q1 earnings performance. We believe that management have set their plan to pay down capital to 15.5% and…
*STLA announced this morning the timeline for the long awaited distribution of its 39% stake in EO FP *To distribute 0.017029 ordinary shares of Faurecia; and (ii) Euro 0.096677 for every STLA share held – approx. 54m shares of EO FP *Short interest in EO FP is currently less than 2m shares Background *Back on…