POSCO Chemtech: Merger, Renaming, KOSPI Move & Joining KOSPI 200
POSCO Chemtech (003670 KS) is to merge with one of the affiliated companies, POSCO ESM through stock swap at a ratio of 1 to 0.2172865. It will...
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Angang Steel: More Pain Ahead on Chinese Steel Overproduction. PT Cut to HK$5
We believe overproduction and lower steel prices into 1H19 will lead to material downward revisions in Angang’s NTM EBITDA forecasts and its stock...
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China Steel Industry: Are Overcapacity Issues Resolved?
We remain selective in the Asian steel space, as overcapacity issues are here to stay.China's steel industry has long been affected by overcapacity...
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Global Fuel Cell Industry: Introducing the Publicly Traded Pure Plays
This is the third in a series of reports we are publishing on the global Fuel Cell industry. In this report, we introduce the publicly traded...
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S-Fuelcell Co IPO Preview (Part 2) - Valuation Analysis & Korean Fuel Cell Industry Dynamics
Given S-Fuelcell's stronger sales growth and higher operating margin and ROE compared to the comps, one could argue that the company should trade...
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