Thank you for a very comprehensive analysis. Pointing out chemical manufacturers leaving Europe is something I have neglected in my thoughts.
In August I wrote that Ringmetall could rather "easily" reach EPS of ~€4.1. (Improving market conditions, acquisitions, business and operational development.) Just apply a P/E-multiple of 10x on it and one can see a nice upside. :) Hower, improving market is still to come...
As always 10/10 idea... I'm going to start talking to a few OEM producers in Germany, I'd gladly invite you to calls with management if the picture is as interesting as it looks. Interested?
Thank you for a very comprehensive analysis. Pointing out chemical manufacturers leaving Europe is something I have neglected in my thoughts.
In August I wrote that Ringmetall could rather "easily" reach EPS of ~€4.1. (Improving market conditions, acquisitions, business and operational development.) Just apply a P/E-multiple of 10x on it and one can see a nice upside. :) Hower, improving market is still to come...
You mean EPS of €0.41 probably?
Yes, sure.
Thanks, Antti! Great to hear you’re seeing upside in this company with your analysis as well.
As always 10/10 idea... I'm going to start talking to a few OEM producers in Germany, I'd gladly invite you to calls with management if the picture is as interesting as it looks. Interested?
Thanks, Alejandro! Of course, it is an interesting sector.