ACERINOX, APERAM, OUTOKUMPU: STAINLESS NOT PAINLESS


ACERINOX, APERAM, OUTOKUMPU: STAINLESS NOT PAINLESS

06/12/18 -"A lot changed since our short paper which inspired today’s title (“Stainless, not gainless”, October 2014). Indeed, in the past few weeks, anything looking like a cyclical stock has been trashed, on ..."

Pages
4
Language
English
Published on
06/12/18
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EXECUTIVE SUMMARY

Updates Pension Risks
Target & Opinion Governance & Management
Business & Trends Graphics : Momentum
Money Making Graphics : MACD & Volumes
Debt Graphics : Sensitivities
Valuation Sector: Performance
DCF Sector: Key data
NAV/SOTP Sector: Ratios & Valorisation
Worth knowing Sector: Peers
Financials Sector: Analysis

CONFLICTS OF INTEREST

AlphaValue does not have nor seek any business with companies covered in AlphaValue Research paid by subscription. As a result, investors can be confident that there is no conflict of interest that could affect the objectivity of AlphaValue Research.

Corporate broking NO
Trading in corporate shares NO
Analyst ownership NO
Advising of corporate (strategy, marketing, debt, etc) NO
Research paid for by corporate NO
Provision of corporate access paid for by corporate NO
Link between and a banking entity NO
Brokerage activity at AlphaValue NO