MACD, page-24

Interesting this one, if the management are to be believed, second half should be fairly good adding to the upward price pressure after a series of downgrades. The thing with this stock is if it can get its ship in order, there is a huge upside (perhaps muted as the Austrians might have something to say). Hard to say if the downgrade cycle is done and dusted but the tide will turn eventually as it always does with these stocks. The positive points are; its still making money and net debt is very comfortable.

I like this as a turnaround story but still nervous regarding second half.