iPoint (iPoint.cz)
Czech markets  |  August 29, 2012 10:32:46

NWR: Although the current price overpriced? Bear goal from KB (+ list of recommendations)



iPoint.czNWR investors have long gone: The numbers did not disappoint, however, the share price has passed virtually unnoticed profit. From the past to simply get rich investor and the view ahead is full of sharp rocks. Economic growth stimulating growth commodities can bet just barely, and only libation bulls can be running additional stimulus actions of central banks, which may spill over commodities through stronger growth in mining shares. With a new report today comes analysts Commercial Bank and should first be noted that the bulls in year horizon does hope. "NWR published quarterly results above estimates, however slowdown and the collapse of the steel industry coking coal spot prices makes the short-term prospects for a great challenge.Our colleagues from Société Générale warned that the recent fall in prices of iron ore and coking coal is expected in response to a sharp drop in Chinese demand for metals, "says Josef Dumb of Commercial Bank in an analysis by the Agency ČEKIA available. "While we still expect the recovery in coking coal prices, improved selling prices NWR may not be as fast as expected. We reduced our estimates for the years 2013 and 2014, and the current price of a share of the projected profits already look so attractive, "adds Dumb. What are the parameters of the new report, commercial banks? Bears prepare champagne.

NWR with the bear to the KB, read the iPoint

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NWR: I na současné ceně předražené? Medvědí cíl od KB (+ přehled doporučení)

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