1Yr·

Tip of the day/idea

$AA (+0.52%)

Tomorrow come here new figures, I am optimistic here!

Is not entirely without risk, if necessary hedge with a stop.


General

Alcoa Corp. is a leading international producer of bauxite and alumina and a producer of processed aluminum in the form of various cast and rolled products. The company is active in all major segments of the aluminum value chain, including mining, smelting, processing and recycling. Alcoa Corp. is an international leader in bauxite mining, operates alumina refineries, aluminum smelters and rolling mills worldwide, and is active in the energy sector.


Why

+Aluminum continues to be in high demand ( Renewable energy theme, China asking more for Corona).

+Smelter shutdowns in China's due to poor power supply.

+Energy costs for production have dropped the last months

+Growth in general industry USA/Europe and especially China is still intact

+Upward trend still intact

+Dividend 0.99 percent

+Expectations are low to negative


Disadvantages

-Low growth

-copper and coal is more in focus with investors (Here I also build out, as among others Freeport $FCX (+0.05%) and Rio Tinto $RIO (+0.59%) )

-Costs are not so quickly brought under control


My Wikifolio Depot

https://www.wikifolio.com/de/de/w/wf66zzzzzz


Source

https://m.de.investing.com/news/stock-market-news/alcoaaktie-gewinnt-aluminiumpreis-konnte-laut-citi-positiv-uberraschen-432SI-2367985

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10 Comments

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Aluminum price currently but in the downturn. 📉 Think 2250 $ / t we should first see once again. After that, it certainly goes back towards 2500 $ in the average.
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Disappointing quarterly figures pushed Alcoa shares down 7.4 percent. The aluminum producer reported a net loss and announced that sales in the current year should fall short of the original plan due to uncertainties caused by global inflation, weakening demand from Europe and the weak economic outlook in China. Conclusion; This should actually now be put into perspective to some extent ,inflation is going down, China is picking up and demand in Europe is stable. https://www.deraktionaer.de/artikel/indizes/schlussglocke-wall-street-alcoa-pg-und-ev-unternehmen-im-fokus-20324906.html
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