• TickerNVJP
  • ISINBE0003884047
  • ExchangeBerlin Stock Exchange
  • SectorChemicals
  • CountryBelgium
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Benelux Morning Notes

bpost: CEO van Avermaet under investigation, related to previous position at G4S. Umicore: Strike while the iron is hot

Dave Nicoski ...
  • Ross LaDuke

Vermilion Int'l Compass: Global Equity Strategy

Opportunities within Mobile Payments, Metals & Mining, and Utilities The MSCI ACWI and S&P 500 continue to recover following the most recent test of support at their respective 200-day moving averages. With market internals still mixed, support levels holding, and indexes continuing to consolidate sideways, our neutral but constructive outlook remains intact. • Major themes: Mobile Payments, Metals & Mining, and Utilities. We believe the secular mobile payments theme (ETF: IPAY) has room to run, and we expect related stocks to continue outperforming... see pages 2-4 for actionable stocks. W...

Louis AZAIS

Short term view - UMICORE : The major resistance has been reached, it causes the fall.

The trend is still neutral but within that interval prices could head towards the top of the range.Arguments :- The major resistance has been reached, it causes the fall.

Louis AZAIS

Analyse court terme - UMICORE : La résistance majeure est atteinte, elle cause le repli.

La tendance est toujours neutre, mais au sein de cet intervalle un mouvement de plus court terme se dessine vers le haut de la consolidation.Arguments :- La résistance majeure est atteinte, elle cause le repli.

Louis AZAIS

Short term view - UMICORE : The support has been breached.

The major support has been broken, the trend is now neutral.Arguments :- The support has been breached.

Louis AZAIS

Analyse court terme - UMICORE : Le support est enfoncé.

Le support majeur ayant été enfoncé, la tendance est maintenant neutre.Arguments :- Le support est enfoncé.

ING
ING Helpdesk

Benelux Morning Notes

bpost: CEO van Avermaet under investigation, related to previous position at G4S. Umicore: Strike while the iron is hot

ING
ING Helpdesk

Benelux Morning Notes

Colruyt: Capitalising Virya Energy. NN Group: Elliott applying pressure ahead of 24 June CMD. Umicore: Trading update points to better than expected 1H20 on bumper Recycling year

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ING Helpdesk

Benelux Morning Notes

Sligro: Slow opening of Dutch hospitality outlets. Umicore/AMG/Solvay: Germany doubles down on electric vehicles

ING
ING Helpdesk

Benelux Morning Notes

Fugro: Cash is always welcome. Umicore, AMG: EU to unveil green car stimulus package

ING
Stijn Demeester

Umicore/Better entry point ahead/HOLD (previously Buy)

Umicore's business update left little doubt the company is impacted severely by the Covid-19 pandemic, given its sizeable exposure to global automotive supply chains. With this note, we revise our 2020-21F REBIT estimates downward by c.22% and reduce our TP to €35. We continue to appreciate Umicore's equity story, backed by long-term trends in vehicle electrification, emission control and resource scarcity. However, given limited visibility on near-term EV sales momentum, downside risk to 2021F-22F consensus and full valuation, we downgrade to HOLD to await a better entry point.

With a more favourable environment, UMICORE SA improves to Slightly Positive

UMICORE SA (BE), a company active in the Specialty Chemicals industry, is favoured by a more supportive environment. The independent financial analyst theScreener has confirmed the fundamental rating of the title, which shows 4 out of 4 stars, as well as its unchanged, moderately risky market behaviour. The title leverages a more favourable environment and raises its general evaluation to Slightly Positive. As of the analysis date September 12, 2017, the closing price was EUR 68.14 and its potential was estimated at EUR 71.55.

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...

Expert Corporate Governance Service (ECGS)

Umicore – AGM 30 April 2020

Covid-19 Emergency   Umicore may be required to adapt the participation modalities for the below Shareholders'meetings or, as the case may be, to postpone such shareholders'meetings. Such revised participation modalities and/or postponement will be announced in due time on the website of Umicore () and by means of a press release. In the meantime and for public safety/health reasons, all shareholders are strongly encouraged to use, to the greatest extent as possible, the below described rights of postal voting, proxy voting and their right to ask questions in writing.   Dividend   As ann...

Expert Corporate Governance Service (ECGS)

Etude de l'AG du 25/04/2017

In general, Umicore is in compliance with the Belgian regulations relating to the organisation and procedures of the Annual General Meeting.Under ITEM 2, the Board of Directors seeks approval for the Company's remuneration report. Although we deem the aggregate level of compensation to be fairly moderate for Belgian standards, we do not approve of LT incentive plans that do not operate one or more challenging performance conditions. We therefore recommend opposition.Under ITEM 7a, the Nomination Committee proposes to re-elect Ms. Ines Kolmsee. As we have concerns over her aggregate time commit...

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