ASQ 0.00% 2.9¢ australian silica quartz group ltd

the next fmg..., page-15

  1. 311 Posts.
    There was a small trade in Frankfurt of 4000 shares, but still, there is little but rather regular trading. This has to to with the increased ASX activity of BAU and more people start to realize, what kind of Bauxite Gem this little company is and what this could be in future.

    link to Frankfurt Stock:


    http://markets.ft.com/tearsheets/performance.asp?s=4B4F%3AFRA&vsc_appId=ts&ftsite=FTCOM&searchtype=equity&searchOption=equity

    *************************************************************


    this is a (google tranlsation from German) about the positive outlook for the aluminium industry.


    Klaus Kleinfeld expects rosy times for the aluminium industry


    Alcoas new CEO expects his company in the future continued profitable growth. With these words clearly optimistic Klaus Kleinfeld joined in the last week in his new post.

    The U.S. aluminum company Alcoa Inc. (ISIN US0138171014, WKN 850206) has since last Thursday a new CEO. The former CEO of Siemens AG, Klaus Kleinfeld, was Chairman Alain Belda at the annual general meeting of the Group's headquarters in Pittsburgh in the U.S. state of Pennsylvania as the new CEO Award.

    Kleinfeld has recently COO of Alcoa, and the chief item now directly by Alain Belda. In a telephone interview underlined the new group handlebar the excellent prospects of the aluminum giant. Kleinfeld stressed in particular the product portfolio of the group. All core areas grow and are located in markets that are also high growth rates.

    Specifically, he expects Alcoas core sectors in the next 10 years growth rates of at least 6% per year. Few industries have such positive business prospects, so Kleinfeld.

    The latest figures indicate business Kleinfeld law. So Alcoa achieved in the past fiscal year again record results. Sales climbed to a new record high of EUR 30.7 billion U.S. dollars. Income from operations also reached an all-time high of 2.6 billion USD, or $ 2.95 per share.

    On the world market for aluminium production, Alcoa is currently the only number three. At the top lodges unchallenged the Russian Rusal. This ranks the British group Rio Tinto, after this last year the Canadian aluminium group Alcan einverleibt.

    Klaus Kleinfeld Alcoa will continue forward. Here he speaks of outstanding benefits that Alcoa. These include access to top customers, the in-house Research Center in Pittsburgh (New Kensington), which is unique in the industry, and the enormous purchasing power Alcoas coupled with its talented employees.

    This apparently also see the analysts so. The investment firm Lehman Brothers recently underscored its purchase recommendation with a price target of 44 U.S. dollars. Chart overcame Technically the stock on Monday the resistance zone of $ 40 and closed more than 6% higher than the previous day at $ 41.61 currently.

    Not least among traders hears recurrent takeover rumors. Among other things, appeared the Swiss Xstrata group as a potential prospect for Alcoa. The overall picture is currently speaks clearly for Alcoa. Shareholders should stay on the ball.

    source:

    http://rohstoffe.wallstreet-online.de/nachricht/2378540.html
 
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