PVL reported 2022/23 performance in line with expectations, with a significant turnaround in working capital, which is good news for the company.Overall, the message is one of caution, but still one of improving the balance sheet for the new financial year.The plan will have to run smoothly, with 30 new launches expected, compared with 10 last year.Some improvement, even if not all the wounds have healed and the risk of newsflow has not disappeared.We remain at REDUCE while awaiting confirmation...
First-half results recover thanks to the return of volumes and a more stable environmentReturn to growth, however, weighs heavily on cash, forcing the Group to restructure its debt, the cost of which is set to almost doubleAs part of this focus on debt reduction, dividend payments have been suspended for the next 4-5 years.Even if the automotive market picks up a little, PVL is walking a tightrope, while other players with healthier balance sheets should benefit more from this rebound.
EKINOPS : Un S1 de bonne facture / Contact – Acheter (1), obj. 10.6€ Cours: 7.78€ au 11/07/23 GTT : Commande de deux méthaniers – Acheter (1), obj. 122.0€ Cours: 96.8€ au 11/07/23 KALRAY : Objectif 2023 confirmé dans l’attente d’un gros S2 / Confcall – Acheter (1), obj. 38.5€ Cours: 28.9€ au 11/07/23 PLASTIVALOIRE : Progression de l’EBITDA et renforcement du bilan – Conserver (3), obj. 3.40€ Cours: 3.24€ au 11/07/23 SPINEWAY : Les récentes acquisitions sont à la hauteur – Acheter (1), obj. 2...
PLASTIVALOIRE : Résultats en ligne, perspectives prudentes – Conserver (3), obj. 4.20€ Cours: 4.03€ au 14/12/22 VALBIOTIS : Collaboration de recherche autour de TOTUM-070 et TOTUM-448 – Acheter (1), obj. 12.0€ Cours: 3.50€ au 14/12/22 AUTOMOBILE : Immatriculation de voitures neuves en Europe (Novembre +16,3%)
LA VALEUR DU JOUR : PLASTIVALOIRE : Fin d'exercice meilleure que prévue – Conserver (3), obj. 4.20€ Cours: 3.86€ au 14/11/22 ACTIA GROUP : Ralentissement de la croissance – Renforcer (2), obj. 4.62€ Cours: 4.30€ au 14/11/22 NANOBIOTIX : Avancée dans le cancer du pancréas – Acheter (1), obj. 12.1€ Cours: 3.95€ au 14/11/22 ET AUSSI : MYHOTELMATCH, ALTUR INVESTISSEMENT, MUNIC…
FOUNTAINE PAJOT : En-cours et acomptes au plus haut ! – Contact – Acheter (1), obj. 162.0€ Cours: 102.0€ au 22/06/22 2CRSI : Nouvelle référence prestigieuse en Californie – Acheter (1), obj. 6.90€ Cours: 4.18€ au 22/06/22 ALCHIMIE : Lance EcoRéseauplus.TV – Conserver (3), obj. 3.20€ Cours: 4.30€ au 22/06/22 ENERTIME : Le projet Decagone avance – Acheter (1), obj. 3.10€ Cours: 1.69€ au 22/06/22 PLASTIVALOIRE : Résultats inférieurs à nos attentes – Conserver (3), obj. 4.50€ Cours: 4.64€ au 22...
CHARGEURS: Record year end / Contact - Strong Buy (1), TP: €33.0 GTT: 4 LNG tanker orders - Strong Buy (1), TP: €88.7 HRS: Hopium orders a station - Strong Buy (1), TP: €37.4 ANIMAL HEALTH: 2021 financial year ahead of expectations at Zoetis, solid expectations for 2022 TECHNOLOGY: SVOD market outlook in North America AUTOMOTIVE: New car registrations in Europe (January -6%) IN / OUTFLOWS: A short lull
LACROIX : CA en ligne, vise le haut de la guidance d'EBITDA / Contact – Acheter (1), obj. 54.9€ Cours: 42.8€ au 14/02/22 ALBIOMA : Finalisation de l'acquisition en géothermie – Renforcer (2), obj. 41.0€ Cours: 34.4€ au 14/02/22 ERAMET : 2 millions de tonnes d'exportation supplémentaire pour la SLN – Acheter (1), obj. 130.0€ Cours: 108.4€ au 14/02/22 GTT : Contrat-cadre de services pour 26 navires – Acheter (1), obj. 88.7€ Cours: 80.4€ au 14/02/22 INVENTIVA : Augmentation du cash burn de 56% ...
A director at Plastivaloire bought 8,100 shares at 6.175EUR and the significance rating of the trade was 55/100. 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...
Full Article at IIR has reaffirmed its Recommended rating for PIA after undertaking a review post the appointment of a new Portfolio Manager, Harding Loevner. The full report can be found on the IIR website. On 26 July 2021, Pengana International Equities Limited (PIA) announced a fully franked dividend of 1.35 cents per share for the June quarter. This represents an 8% increase on the March quarter dividend and takes the total dividends declared for FY21 of 5.1 cents per share, fully franked....
Après une forte baisse de son cours de Bourse depuis deux ans, PVL - Plastivaloire affiche à présent des multiples de valorisation faibles en valeur absolue. Lesquels multiples pourraient augmenter à nouveau à moyen terme, si l'on part du principe que la situation actuelle, qui est bien compliquée il est vrai, n'est que temporaire, que 2020 est donc une parenthèse qui sera vite refermée, et que tout sera plus ou moins rentré dans l'ordre en 2021. Ce que l'on est encore en droit d'espérer, malg...
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