Weekly news, topics & discussion

This week, the Aker BP-operated Tyrving field commenced production ahead of the planned start-up in October. In other news, Vår Energi completed the divestment in the Norne area to DNO; adjusting for cash flow between the effective transaction date on 1 January and close on 30 August, DNO paid a net cash consideration of ~USD24m. Also, BlueNord reported August preliminary production of 27.0kboed. Adjusting for the Harald fiel

PVA TePla AG: 1 director

A director at PVA TePla AG bought 1,750 shares at 13.407EUR and the significance rating of the trade was 52/100. 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 s...

5G in India: slightly negative sequential delta

Still a solid entry point into banking stocks

Although share price gains in the European banking sector have been significant in recent quarters, comfortably outperforming the general market; valuation multiples have lagged behind. The European banking sector has become cheaper relative to the market, and in absolute terms are still a low levels historically. Despite declining interest rates, the fundamental environment remains benign, providing a solid entry point for investors. In this note we specifically look at ABN Amro & ING. Revised ...

Bible 2Q24 – Autos: Semis at the trough of the cycle, while end demand...

Today, we are publishing the Automotive section of our 24th Tech Infrastructure Quarterly Bible. The Tech Bible is a must-read for any tech investor, as it summarizes the quarterly earnings reports from the over 140 companies we track, providing an update on our key perspectives and convictions. In the coming weeks we will publish sections on PCs, Enterprise IT, and Ride sharing & Delivery. Automotive demand is slowing and dealer inventories are elevated. This is likely to be only a limited head...

ODDO BHF Small & MIDCAP MORNING NEWS - 09/05/2024

We host the 15th edition of the Corporate Conference in cooperation with Commerzbank on September 3rd & 4th 2024 in Frankfurt am Main. This year we are welcoming 90 German small, mid and large cap companies. - ...

ODDO BHF Small & MIDCAP MORNING NEWS - 05/09/2024

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ODDO BHF SECURITIES MORNING NEWS – DETAILED COMMENTS 09/05/2024

We host the 15th edition of the Corporate Conference in cooperation with Commerzbank on September 3rd & 4th 2024 in Frankfurt am Main. This year we are welcoming 90 German small, mid and large cap companies. - ...

ODDO BHF SECURITIES MORNING NEWS – COMMENTAIRES DETAILLES 05/09/2024

We host the 15th edition of the Corporate Conference in cooperation with Commerzbank on September 3rd & 4th 2024 in Frankfurt am Main. This year we are welcoming 90 German small, mid and large cap companies. - ...

Benelux Morning Notes

ASML: Pushing the supplier break. CVC Capital Partners: In the bag. Gimv: Mega exit

ODDO : First feedback – DAY 2

We host the 15th edition of the Corporate Conference in cooperation with Commerzbank on September 3rd & 4th 2024 in Frankfurt am Main. This year we are welcoming 90 German small, mid and large cap companies. - >Accelor Mittal (=) – Heading for better H2 despite still soft underlying markets, no change on VallourecAdesso (=) – IT-solutions segment will continue to be a drag on profitability in H2 2024Aurubis (+) – Announced disposal for its US-based finished ...

ODDO : Semiconductor sales in July 2024 in line with forecasts, still ...

>Worldwide sales in July 2024 in line with our forecasts +18.7% y-o-y vs +18.5% in June - Worldwide semiconductor sales in July 2024 were published by the WSTS (World Semiconductor Trade Statistics) with the usual one-month lag. In terms of the 3-month moving average, sales were $ 51.3bn, in line with our estimate, i.e. +2.5% on a sequential basis and y-o-y growth of +18.7%, after 18.5% in June.Continued strong growth in memory thanks to prices, a slight...

ODDO : Ventes de semi-conducteurs de juillet 2024 en ligne avec nos at...

>Ventes mondiales de juillet 2024 en ligne avec nos attentes à +18.7% yoy vs +18.5% en juin - Les ventes mondiales de semiconducteurs de mai 2024 ont été publiées par WSTS (World Semiconductor Trade Statistics), avec (comme toujours) un mois de décalage. En donnée lissées (moyenne de 3 mois), elles ressortent à 51,3 Md$, en ligne avec notre prévision, à +2.5% en séquentiel et en croissance annuelle de +18.7%, après 18.5% en juin.Poursuite de la forte cr...