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Colin Smith
  • Colin Smith

Diaceutics | CME confirms Diaceutics market leading position

Diaceutics held its Capital Markets Event (CME) yesterday. This was not an event that set out new targets or strategy but rather served to emphasise the leading position Diaceutics occupies in the precision medicine ecosystem and therefore confirmed its growth potential. In addition, the CME added colour to the scale of development that has taken place in the capability of the DXRX platform over the last 18 months as well as emphasising the substantial changes in organisation designed to improve...

ABGSC Shipping & Transport Research ... (+3)
  • ABGSC Shipping & Transport Research
  • Oliver Dunvold
  • Petter Haugen

ABGSC Shipping Daily 13 June

Mixed tanker and dry bulk market, LPG down. Shipping peer group trades at P/NAV 0.89x. Stolt Nielsen CMD: Cementing the liquid logistics department store in a VUCA world. EU to impose additional tariffs on Chinese BEVs in the range of ~17-38%.

Amkor Technology Inc: 1 director

A director at Amkor Technology Inc sold 4,921 shares at 33.220USD and the significance rating of the trade was 74/100. 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 cle...

Samsung Electronics: 1 director

A director at Samsung Electronics bought 4,000 shares at 75,400.000KRW and the significance rating of the trade was 80/100. 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 year...

Jiangsu Sidike New Materials Science & Technology Co: 5 directors

Five Directors at Jiangsu Sidike New Materials Science & Technology Co bought 378,800 shares at between 9.190CNY and 9.350CNY. The significance rating of the trade was 78/100. 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 b...

 PRESS RELEASE

ALSTOM SA: Alstom announces the success of the share capital increase ...

ALSTOM SA: Alstom announces the success of the share capital increase with preferential subscription rights of €1 billion, final step of the announced €2 billion deleveraging plan   Alstom announces the success of the share capital increase with preferential subscription rights of €1 billion, final step of the announced €2 billion deleveraging plan 13 June 2024 - Alstom achieves the final step of its announced deleveraging plan with the completion of a share capital increase with shareholders’ preferential subscription rights in an amount of €1 billion (including issue premium). Results ...

 PRESS RELEASE

ALSTOM SA: Alstom annonce le succès de l’augmentation de capital avec ...

ALSTOM SA: Alstom annonce le succès de l’augmentation de capital avec maintien du droit préférentiel de souscription d’un montant de 1 milliard d’euros, achevant ainsi le plan de désendettement annoncé de 2 milliards d’euros   Alstom annonce le succès de l’augmentation de capital avec maintien du droit préférentiel de souscription d’un montant de 1 milliard d’euros, achevant ainsi le plan de désendettement annoncé de 2 milliards d’euros 13 juin 2024 - Alstom achève aujourd’hui la dernière étape de son plan de désendettement annoncé avec la réalisation d’une augmentation de capital en numé...

SK Innovation Co. Ltd.: Update following change in outlook to negative...

Our credit view of this issuer reflects its large scale and diversified operations, against its weak profitability and execution risks in its electric vehicle battery business.

Research Team
  • Research Team

WOOD Daily: EME Macro/Strategy – EU Elections; LAMDA GA; BIMAS TI; LPP...

HEADLINES: • EME Macro/Strategy: how big should the political risk premium in Europe be? • Lamda Development: 1Q24 – with the wind in its sails • BIM: strong set of results in 1Q24 POSITIVE • LPP: 1Q24 strong, as expected; FY24E guidance maintained POSITIVE • CCC: 1Q24 results in line with prelims; positive trends maintained in 2Q24 NEUTRAL • US macro: Fed pushes back on rate cuts • Jahez: announces SAR 150m real estate purchase NEUTRAL • Text: 4Q23-24E preview – 1% yoy EBITDA drop expected (due...

 PRESS RELEASE

Ontex annonce l’intention de restructurer ses activités de production ...

Ontex annonce l’intention de restructurer ses activités de production et de distribution en Belgique, y compris des investissements stratégiques dans les activités recentrées Alost, Belgique, le 13 juin 2024 - Ontex Group NV/SA (Euronext : Ontex), un des principaux développeurs et producteurs internationaux de produits de soins personnels, a annoncé aujourd'hui l’intention de restructurer ses activités de production et de distribution en Belgique. Cette intention cadre dans la transformation stratégique du Groupe visant à renforcer sa position concurrentielle sur le marché européen. Ce proj...

 PRESS RELEASE

Ontex announces intention to restructure its production and distributi...

Ontex announces intention to restructure its production and distribution activities in Belgium, with strategic investment in refocused activity Aalst, Belgium, 13 June 2024 – Today, Ontex Group NV (Euronext: Ontex), a leading international developer and producer of personal care products, announces the intention to restructure its Belgian production and distribution activities, as part of its strategic transformation to strengthen its competitive position in the European market. This intended restructuring would entail the closure of the Eeklo site, as well as the transformation of the Bug...

Blackline Inc: 1 director

A director at Blackline Inc bought 7,552 shares at 46.110USD and the significance rating of the trade was 56/100. 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 ...

Pierre François Merveille
  • Pierre François Merveille

Banijay Entertainment : Resilient business supported by returning show...

Banijay Entertainment is a relatively defensive name within the media sector given the resilience of its content production and distribution business to the macroeconomic context. Although free-to-air broadcasters were hit by the weakening of the ad market in 2023, we estimate that Banijay posted 2-3% organic revenue growth last year and we expect a similar pace in 2024 thanks to i/ its higher exposure to unscripted content (good cost/audience ratio) and returning shows (70% of r...

Pierre François Merveille
  • Pierre François Merveille

Banijay Entertainment : Resilient business supported by returning show...

Banijay Entertainment is a relatively defensive name within the media sector given the resilience of its content production and distribution business to the macroeconomic context. Although free-to-air broadcasters were hit by the weakening of the ad market in 2023, we estimate that Banijay posted 2-3% organic revenue growth last year and we expect a similar pace in 2024 thanks to i/ its higher exposure to unscripted content (good cost/audience ratio) and returning shows (70% of r...

Franc Gregori ... (+3)
  • Franc Gregori
  • Lala Gregorek
  • Philippa Gardner

Trinity Delta LIghthouse: Scancell

Trinity Delta view: 2024 is an important year for Scancell and investor attention is understandably centred on the therapeutic cancer vaccines programmes, with both the SCIB1 and Modi-1 programmes set to deliver important clinical milestones. However, today’s evaluation agreement reminds of the inherent value within the GlyMab and AvidiMab antibody platforms. The $1m upfront payment bolsters the current cash resources, which would be augmented further were a licensing deal struck in the future. ...

Arhaus Inc: 1 director

A director at Arhaus Inc sold 150,000 shares at 18.966USD and the significance rating of the trade was 74/100. 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 sho...

Yuan Cheng Cable Co. Ltd.: 1 director

A director at Yuan Cheng Cable Co. Ltd. maiden bought 100,200 shares at 3.490CNY and the significance rating of the trade was 54/100. 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 las...

Western Liberty Group Finance Pty Ltd: Update to credit analysis

Our credit view of this issuer reflects its strong operating track record, offset by its financial flexibility.

Wim Hoste
  • Wim Hoste

Umicore

One month after the surprising CEO change, Umicore issued a severe profit warning on the back of lower EV demand growth, which prompted us to lower our FY24 adjusted EBITDA forecast by about 15%. Umicore announced it will re-assess its mid to long term growth ambitions and we have already taken a more conservative approach with our FY30 CAM volume estimate now at 250 GWh, vs 300 GWh previously and the company's current official target of 400 GWh. Even with our lowered forecasts, vehicle electrif...

 PRESS RELEASE

Changes to the Board and Committee Composition

Changes to the Board and Committee Composition 13 June 2024 CHANGES TO THE BOARD AND COMMITTEE COMPOSITION PayPoint plc (the 'Company') today announces that Gill Barr has confirmed that she plans to retire from the Board and will not stand for re-election at the Company's 2024 Annual General Meeting ('AGM') to be held on 1 August 2024 having completed nine years’ service on the Board. In addition, Guy Parsons has confirmed that he plans to retire from the Board and will not stand for re-election at the Company's 2024 Annual General Meeting ('AGM') to be held on 1 August 2024 having sup...

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