- First Guy
- Posts : 2599
Join date : 2014-02-22
Aluminium - Snapshot
Since Aluminium has been a hot topic!
LALU numbers are as at March results while ALUM and PARQ are updated for June.
Interesting trendline and trading multiples. In fact, looks like the market got it correct again. ALUM has better ROE and trading at better price. But is the gap too much?
How does future growth look like?
- First Guy
- Posts : 2599
Join date : 2014-02-22
Re: Aluminium - Snapshot
Either it's too expensive or PARQ is cheap. I think it's both.
Look at LALU's trend. Not so good compared to others.
- harieshaTop contributor
- Posts : 1329
Join date : 2014-04-09
Re: Aluminium - Snapshot
How our Aluminium companies will face the new challenges. All three companies are in negative cash flows with increasing borrowings and operating expenses. Ability to pass the costs to buyers will be key. But recently added capacities will be a deterrent to price revisions, if demand not improved sufficiently.
Historically ALUM has played well with volatile aluminum prices. But now they are with high gearing which might limit their maneuvering.
As investors point of view, I think sector is not attractive at current prices.
- yellow knifeTop contributor
- Posts : 6980
Join date : 2014-03-27
Re: Aluminium - Snapshot
- CKActive Member
- Posts : 1393
Join date : 2015-11-01