bearish
Angang Steel: More Pain Ahead on Chinese Steel Overproduction. PT Cut to HK$5
369 Views09 Dec 2018 10:20
We believe overproduction and lower steel prices into 1H19 will lead to material downward revisions in Angang’s NTM EBITDA forecasts and its stock...
SUMMARY
(Sign Up to Access)Begin exploring Smartkarma's AI-augmented investing intelligence platform with a complimentary Preview Pass to:
- Unlock research summaries
- Follow top, independent analysts
- Receive personalised alerts
- Access Analytics, Events and more
Join 55,000+ investors, including top global asset managers overseeing $13+ trillion.
Upgrade later to our paid plans for full-access.
or
Already have an account? Sign In Now
Full Insight
(Paid Plans Only, 3-minute read)
Discussions
(Paid Plans Only)
Charles Spencer
Over 25-yrs in Global Materials & Soft Commodities
Price Chart(Sign Up to Access)
- Angang Shares Discount Cycle-Trough: Buy29 Apr 2019
- Angang Steel: PMI Recovery to Support Shares: Close Short01 Apr 2019
- Angang Steel: Headwinds Intensify09 Feb 2019
- Supply-Side Discipline Eased; Pricing & Profits to Suffer02 Oct 2018
- Chinese Steel Traders Turn Bearish; Sell Angang PT HK$6.5031 May 2018
x