Societe Fonciere, Financiere ACT is an investment holding company which acts as a long-term investor and an active shareholder. As of Dec 31 2010, Co. held 22.1% of the share capital of PSA Peugeot Citroen. Co. usually purchases minority stakes in companies with a large family shareholding. Co. has a portfolio of private equity funds which operate mainly in Europe and countries with emerging economies. Co. also operates a financial investment and cash management business, as well as a real estate and wine-producing businesses.
  • TickerFFP
  • ISINFR0000064784
  • ExchangeEuronext Paris
  • SectorFinancial Services
  • CountryFrance

Analysts

Alfred Glaser ...
  • Delphine Brault
  • Fehmi Ben Naamane
  • François Maury
  • Georges Dieng
  • Jean Sassus
  • Johanna Jourdain
  • Louis Boujard, CFA
  • Philippe Ourpatian
  • Pierre Tegner
  • Steven Gould

ODDO BHF SECURITIES MORNING NEWS – DETAILED COMMENTS 12/18/2019

...

Alfred Glaser ...
  • Delphine Brault
  • Fehmi Ben Naamane
  • François Maury
  • Georges Dieng
  • Jean Sassus
  • Johanna Jourdain
  • Louis Boujard, CFA
  • Philippe Ourpatian
  • Pierre Tegner
  • Steven Gould

ODDO BHF SECURITIES MORNING NEWS – COMMENTAIRES DETAILLES 18/12/2019

...

François Maury ...
  • Georges Dieng

ODDO : Marché EU + EFTA : le rebond se poursuit en novembre (+4.5%), limitant la baisse sur 11 mois (-0.3%)

>Hausse de 4.5% en novembre sur base faible (-8.1% en novembre 2018) - Les immatriculations européennes (EU+EFTA) poursuivent leur hausse en novembre (+4.5% à 1 211 k-unités), soutenues par une base faible (-8.1% en novembre 2018). Sur onze mois, elles sont quasiment stables (-0.3% à 14.5m d’unités). Sur novembre, la quasi-totalité des marchés est en hausse. Pour mémoire, le marché Top 5 a progressé de 3.7% en novembre avec : Allemagne (+9.7%), Espagne (+2.3%), ...

François Maury ...
  • Georges Dieng

ODDO : EU + EFTA market: the upturn continued in November (+4.5%) which limits the decline over 11 months (-0.3%)

>4.5% increase in October on a low base (-8.1% in November 2018) - European (EU+EFTA) registrations continued to tick up in November (+4.5% at 1,211k units), helped by a low base (-8.1% in November 2018). Over 11 months, they are more or less stable (-0.3% at 14.5m units). In November, almost all markets were up. To recap, the Top 5 market posted an increase of 3.7% in November with: Germany (+9.7%), Spain (+2.3%), Italy (+2.2%) and France (+0.7%) but a -1.3% de...

François Maury ...
  • Georges Dieng

FFP : A full diary - FCA-PSA merger: a key driver for the future valuation

FFP’s diary might be very full in 2020: spin-off of Faurecia, merger between FCA and PSA, a probable acquisition of shares in Faurecia and newco to breach the 5% threshold and, last but not least, the Peugeot clan’s possible acquisition of a 2.5% stake in newco from Dongfeng as a means of reducing the latter's weight and ramping up the combined shareholding with BPI to match Exor's level. Buy (target price € 138 vs € 134): the merger offers significant leverage on FFP’s future va...

Marnik Hinnekens

TP ICAP - Europe - Morning CreditUpdate 09/10/2019 - Altarea Cogedim, Anima Holding - EN

Altarea Cogedim, Anima Holding

Marnik Hinnekens

TP ICAP - Europe - Morning CreditUpdate 09/10/2019 - Altarea Cogedim, Anima Holding - FR

Altarea Cogedim (Achat) : Nouvelle émission d’Altarea, l’obligation existante d’Altareit reste toujours attractive Anima Holding : Première émission de €300m prévue Grèce (Conserver) : Emission (tap) de €1,5 md de son obligation (GGB) de mars 2029 Cellnex (Achat) : Acquisition de la division télécoms du groupe Arqiva pour £2 mds Plastic Omnium (Achat) : Revoit à la baisse son objectif de marge opérationnelle à 6% Deutsche Bahn : Emission prévue de 2 hybrides Gestamp - S1-19 : EBITDA de €521m (+7,2% ; +9,0% à tcc) Fortum : Rachète...

Alfred Glaser ...
  • Delphine Brault
  • Fehmi Ben Naamane
  • François Maury
  • Georges Dieng
  • Jean Sassus
  • Johanna Jourdain
  • Louis Boujard, CFA
  • Philippe Ourpatian
  • Pierre Tegner
  • Steven Gould

ODDO BHF SECURITIES MORNING NEWS – DETAILED COMMENTS 12/18/2019

...

Alfred Glaser ...
  • Delphine Brault
  • Fehmi Ben Naamane
  • François Maury
  • Georges Dieng
  • Jean Sassus
  • Johanna Jourdain
  • Louis Boujard, CFA
  • Philippe Ourpatian
  • Pierre Tegner
  • Steven Gould

ODDO BHF SECURITIES MORNING NEWS – COMMENTAIRES DETAILLES 18/12/2019

...

François Maury ...
  • Georges Dieng

ODDO : Marché EU + EFTA : le rebond se poursuit en novembre (+4.5%), limitant la baisse sur 11 mois (-0.3%)

>Hausse de 4.5% en novembre sur base faible (-8.1% en novembre 2018) - Les immatriculations européennes (EU+EFTA) poursuivent leur hausse en novembre (+4.5% à 1 211 k-unités), soutenues par une base faible (-8.1% en novembre 2018). Sur onze mois, elles sont quasiment stables (-0.3% à 14.5m d’unités). Sur novembre, la quasi-totalité des marchés est en hausse. Pour mémoire, le marché Top 5 a progressé de 3.7% en novembre avec : Allemagne (+9.7%), Espagne (+2.3%), ...

François Maury ...
  • Georges Dieng

ODDO : EU + EFTA market: the upturn continued in November (+4.5%) which limits the decline over 11 months (-0.3%)

>4.5% increase in October on a low base (-8.1% in November 2018) - European (EU+EFTA) registrations continued to tick up in November (+4.5% at 1,211k units), helped by a low base (-8.1% in November 2018). Over 11 months, they are more or less stable (-0.3% at 14.5m units). In November, almost all markets were up. To recap, the Top 5 market posted an increase of 3.7% in November with: Germany (+9.7%), Spain (+2.3%), Italy (+2.2%) and France (+0.7%) but a -1.3% de...

François Maury ...
  • Georges Dieng

FFP : A full diary - FCA-PSA merger: a key driver for the future valuation

FFP’s diary might be very full in 2020: spin-off of Faurecia, merger between FCA and PSA, a probable acquisition of shares in Faurecia and newco to breach the 5% threshold and, last but not least, the Peugeot clan’s possible acquisition of a 2.5% stake in newco from Dongfeng as a means of reducing the latter's weight and ramping up the combined shareholding with BPI to match Exor's level. Buy (target price € 138 vs € 134): the merger offers significant leverage on FFP’s future va...

1 director sold

A director at Foncier Financiere Et De Particip sold 990 shares at 107.310EUR and the significance rating of the trade was 58/100. Is that information sufficient for you to make an investment decision? This report gives details of those trades and adds context and analysis to them such that you can judge whether these trading decisions are ones worth following. Included in the report is a detailed share price chart which plots discretionary trades by all the company's directors over the last two years clearly showing Close periods where trading activity is restricted under listing rules....

Ford Equity International Rating and Forecast Report

Ford Equity International Research Reports cover 60 countries with over 30,000 stocks traded on international exchanges. A proprietary quantitative system compares each company to its peers on proven measures of business value, growth characteristics, and investor behavior. Ford's three recommendation ratings buy, hold and sell, represent each stock’s return potential relative to its own country market.. The rating reports which are generated each week, include the fundamental details behind each recommendation and reflect the fundamental and price data as of the last trading day of the week...

Charles Pinel

FFP - Assemblée Générale des actionnaires du 15 mai 2019

Bien que la famille Peugeot ne soit pas sur-représentée au conseil (5 membres, soit 50% des sièges pour 79,98% du capital détenu), le renouvellement du mandat de Jean-Philippe Peugeot ne sera pas soutenu en raison d'un conseil composé majoritairement de membres non libres de conflits d'intérêts (résolution 5). La structure et la transparence de la rémunération des deux mandataires sociaux dirigeants sont acceptables d'autant que la société communique pour la première fois les taux de réalisation de chacun des critères du bonus annuel du Directeru général délégué. Cependant, les hausses passée...

Matthieu DRIOL

Short term view - FONC.FIN. PARTICIPATION : Falling prices.

The trend is bearish. Prices are falling again, but the movement has become hesitant. The next support is at €96.90. The bearish trend would be challenged above €120.40.

Matthieu DRIOL

Analyse court terme - FONC.FIN. PARTICIPATION : Les prix baissent.

La tendance est baissière. Les prix baissent à nouveau, mais le mouvement est devenu hésitant. Le prochain support est à 96,90 €. La tendance baissière serait remise en cause au-dessus de 120,40 €.

Matthieu DRIOL

Analyse court terme - FONC.FIN. PARTICIPATION : La tendance est baissière.

La tendance est baissière. Les prix baissent à nouveau, mais le mouvement est devenu hésitant. Le prochain support est à 96,90 €. La tendance baissière serait remise en cause au-dessus de 120,40 €.

Matthieu DRIOL

Short term view - FONC.FIN. PARTICIPATION : The trend is bearish.

The trend is bearish. Prices are falling again, but the movement has become hesitant. The next support is at €96.90. The bearish trend would be challenged above €120.40.

Matthieu DRIOL

Medium term view - FONC.FIN. PARTICIPATION : The trend is bullish.

The trend is bullish. The recent fall is getting more vigorous. The next support is at €92.75. A break below €92.75 would challenge the trend.

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