ODDO BHF SECURITIES Small & MIDCAP MORNING NEWS – 04/22/2025

ODDO BHF SECURITIES LARGE CAPS MORNING NEWS 04/22/2025

ODDO BHF SECURITIES LARGE CAPS MORNING NEWS 22/04/2025

ODDO BHF SECURITIES Small & MIDCAP MORNING NEWS – 22/04/2025

ODDO : European IT services stocks offer some interesting angles to pr...

ODDO BHF Small & MIDCAP MORNING NEWS – 12/12/2024

ODDO BHF SECURITIES MORNING NEWS – DETAILED COMMENTS 12/12/2024

ODDO BHF SECURITIES MORNING NEWS – COMMENTAIRES DETAILLES 12/12/2024

ODDO BHF Small & MIDCAP MORNING NEWS – 12/12/2024

ODDO : Numeum revises its 2024 forecasts, and expects no real recovery...

ODDO : Numeum révise ses prévisions 2024, et n’attend pas de vraie rep...

SQLI: 1 director

A director at SQLI bought 7,042 shares at 54.000EUR 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 C...

ODDO : The sector recovery will be slower than expected in H2 2024 and...

The recovery in growth in the IT & engineering services sector is undermined by the still mixed macroeconomic climate and the setbacks in the automotive and aerospace sectors. The improvement in sector momentum will therefore be minimal in H2 2024 with a growing decorrelation between the US which should be robust and a stagnating Europe. This leads us to adopt a more cautious approach on companies in our sector (revision to our 2025 growth estimates for 12 companies) and to prefe...

ODDO : La recovery du secteur sera plus lente qu’attendu au S2 2024 et...

La reprise de la croissance du secteur IT & Engineering Services est mise à mal par un contexte macro toujours mitigé et par les déboires des secteurs Auto et Aéro. Ainsi, l’amélioration de la dynamique du secteur sera minimale au S2 2024 et probablement aussi au S1 2025, avec une décorrélation grandissante entre les US qui devraient être solides et une Europe stagnante. Ceci nous amène à adopter une approche plus prudente pour les sociétés de notre secteur (révision de croissanc...

ODDO BHF Small & MIDCAP MORNING NEWS - 09/23/2024

CF Alba, the March family holding company, invests in listed and unlisted companies where it identifies strong potential, regardless of the investment horizon. Since 1993, it has achieved a total annualized shareholder return of +11%, beating the EuroStoxx index by 3pp. The company currently trades at a c.50% discount to its NAV which is close to its historical maximum. We initiate coverage with an Outperform rating and a target price of € 68, representing a discount to its NAV of 35...

SQLI : DBAY Advisors offers to acquire remaining stake for € 54

>DBAY Advisors to bid for remaining minority shares for € 54 (37% premium) - SQLi announced on Friday a proposed takeover bid by DBAY Advisors (biggest shareholder with 83.5% stake to date) for the remaining minority interests at a price of € 54 per share to reach the 90% squeeze-out threshold. This price represents a premium of 37% compared with the last share price, and of 22% compared with our target price (comparable to the price of the last off-market block). Th...

ODDO BHF Small & MIDCAP MORNING NEWS - 23/09/2024

CF Alba, the March family holding company, invests in listed and unlisted companies where it identifies strong potential, regardless of the investment horizon. Since 1993, it has achieved a total annualized shareholder return of +11%, beating the EuroStoxx index by 3pp. The company currently trades at a c.50% discount to its NAV which is close to its historical maximum. We initiate coverage with an Outperform rating and a target price of € 68, representing a discount to its NAV of 35...

SQLI : Projet d’OPA de DBAY Advisors sur les minoritaires restants à 5...

>Projet d’OPA de DBAY Advisors sur les minoritaires restants à 54 € (prime 37%) - SQLi a annoncé vendredi un projet d’OPA de la part de DBAY Advisors (actionnaire de référence avec 83.5% du capital à date) sur les minoritaires restants au prix de 54 € par action afin d’atteindre le seuil de retrait de 90%. Ce prix représente une prime de 37% par rapport au dernier cours, et de 22% par rapport à notre OC (qui était comparable au prix du dernier bloc hors marché). Ceci...

ODDO BHF Small & MIDCAP MORNING NEWS - 06/26/2024

Our conviction on the long-term growth potential and opportunities of generative AI is renewed. The enabler sectors (semiconductors, software and IT services) and those that provide the infrastructure (utilities, metals, capital goods and real estate) will be the primary beneficiaries, leading us to make certain target price changes. Among AI ‘user’ sectors (media, healthcare, automotive, banking and insurance, oil services, defence, aerospace and airlines), the effects will doubtless...

ODDO BHF SECURITIES MORNING NEWS – COMMENTAIRES DETAILLES 26/06/2024

Notre conviction sur le potentiel de croissance LT et d’opportunités de l’IA générative est renforcée. Les secteurs 'enablers' (semiconducteurs, software et IT services) et fournisseurs d’infrastructures (utilities, métaux, biens d'équipements et immobilier) en seront les premiers bénéficiaires, conduisant à certains changements d’OC. Parmi les secteurs ‘utilisateurs’ de l’IA (média, santé, automobile, banque et assurance, services pétroliers, défense, aéronautique et compagnies aérie...