Elkem Stock Forum & Discussion | NO0010816093

8Mon·

Does anyone know why Elkem ASA
$ELK (+3.22%) is doing so well? Unfortunately, I can't find any news that would explain such a performance.

3 Comments

Fabzy ✨@Fabzy

8Mon

Auf boersennews.de gefunden. Ein User postet am 14.12:
Elkem has reached an agreement with reindeer grazing district 7 (Rákkonjárga) which enables the expansion of Elkem’s mining operations in Tana, Norway, one of the world’s largest quartzite mines and a key source of raw materials for the green transition. The expansion of this mine enables a future increase of reserves for Elkem of approximately 15 years. The two parties have reached an agreement after demanding negotiations. Elkem can now begin to expand its operational area. The parties have also agreed on mitigating measures to ensure coexistence and a sustainable future development of both parties’ activities. “We are pleased to have reached an agreement with Rákkonjárga. Through this agreement, we demonstrate that it is possible to further develop the sustainable production of advanced materials for the green transition, through agreements with other stakeholders. This agreement has been achieved through a close and thorough dialogue, which we will also maintain going forward,” says Elkem’s CEO, Helge Aasen. “We have experienced the negotiations as very demanding. We are giving away parts of our area which we would prefer to keep. This agreement shows that we are willing to make compromises when we can, but that this is always demanding. There will also be cases where we cannot accept an agreement in order to protect our reindeer herding activities for the future,” says the head of Rákkonjárga, Magne Andersen. Elkem has been operating the Tana mine since 1983. It currently provides around 50 local jobs, enabling an annual production capacity of approximately 1 million tonnes (mt) of quartzite per year. Elkem’s mining operations in Tana supply quartzite to Elkem and other industrial users for the production of silicon-, aluminum- and ferrosilicon alloys. These are critical raw materials to manufacture a wide range of products which are necessary for the digital and green transitions, such as cell phones and electric vehicles.

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@Khlmysee

10Mon·

Scandinavian stocks with dividend payouts wanted

Hello everyone,

somehow I like Scandinavian stocks with dividend payouts and now I would like to know from you if you have a company in your portfolio or in mind which interests you. If there is a REIT from Sweden, Norway, Finland... that I don't know, then that would also be great information. Stocks from other segments are also welcome.

So that I can give something back to the community, my favorite stocks (in which I am also invested) including a "blurb" from Trade Republic:

$KCC (+2.05%) - "Klaveness Combination Carriers ASA is a Norway-based fleet operator. The company owns and operates combination carriers that can switch between dry and wet freight transportation. Its fleet consists of 16

vessels, eight CABU vessels and eight CLEANBU vessels. The CABU (Caustic Soda-Bulk) and CLEANBU (Clean Petroleum Product-Bulk) vessels mainly transport Clean Petroleum Products (CPP) or Caustic Soda Solution (CSS) from refineries and production facilities in the Middle East/India, the Far East or the United States Gulf to end users or traders in Australia and South America, the world's major dry bulk export centers. On the return journey, the combination carriers transport bulk goods such as alumina, bauxite, grain, salt, iron ore and coal."

$HAUTO (-0.66%) - "Hoegh Autoliners ASA is a Norway-based company operating in the international shipping industry.

Hoegh Autoliners ASA is a holding company and business is conducted through the company's operating subsidiaries. The group is a provider of roll-on-roll-off (RoRo) transportation services. The company offers its customers safe ocean transportation of RoRo cargo such as cars, high and heavy machinery, breakbulk, Car Equivalent Units (CEU) and other rolling and static cargo."

$VAR (+0.09%) - "Spinnoff" from ENI - "Var Energi ASA is a pure upstream oil and gas company based in Norway. It operates four fields on the Norwegian Continental Shelf (NCS), located in the Barents Sea, the Norwegian Sea and the North Sea. The company's objective is the exploration, development and production of hydrocarbons. Var Energi is involved in large-scale national projects aimed at developing and demonstrating ways to reduce greenhouse gas (GHG) emissions. The company holds ownership interests in more than 30 partner-operated fields."

$VALMT (+2.43%) - "Valmet Oyj is a Finland-based company that develops and provides services and technologies for the pulp, paper and energy industries. The company's services cover the entire cycle from maintenance outsourcing to mill and plant improvements and spare parts. The

company operates in four business segments: Services, Pulp and Energy, and Paper, which includes the development of products and services and global customer projects in the paper, pulp, tissue, paper and board, and bioenergy industries; and the Automation segment, which includes process automation. The company operates both domestically and overseas, including South, Central and North America, China, Asia and Europe."

I am still looking for the "right" entry point for these stocks: $YAR (+4.42%)
$ELK (+3.22%)

If you have any questions about the values, I can certainly go into them in more detail.

Thank you very much.

78 Comments

Pezi@Pezi

10Mon

$EQNR Equinor ASA (formerly Statoil) is a Norwegian company active in the exploration and production of oil and gas. The Group is the leading operator on the Norwegian continental shelf, but is also active worldwide in the most important oil and gas deposits. The portfolio includes the sale of crude oil and condensate as well as natural gas, but also further processing and refining. The Group is also active in the development of new energy resources, operates offshore wind farms and actively promotes carbon capture and storage (CCS) projects. The latter includes efforts to reduce CO2 emissions into the atmosphere by capturing them and storing them in underground reservoirs.

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View all 2 further answers

Financials

Market Cap

$1.07B

5Y beta

1.94

EPS (TTM)

-$0.0749

Free Float

269.52M

Revenue (TTM)

$3.02B

EBITDA (TTM)

$294.01M

Free Cashflow (TTM)

-$194.84M

Pricing

1D span

$1.629$1.714

52W span

$1.443$2.302

Analyst Ratings

The price target is $2.296 and the stock is covered by 5 analysts.

Buy

Hold

Sell

Information

Employees7436IndustriesChemical ManufacturingSectorMaterials

Elkem ASA is a Norway-based provider and developer of silicones, silicon products and carbon solutions by combining natural raw materials, renewable energy and human ingenuity. Elkem has three reportable segments: Silicones, Silicon Products and Carbon Solutions. The Silicones segment iis a producer and seller of a range of silicone-based products across various sub-sectors such as release coatings, engineering elastomers, healthcare products, specialty fluids, emulsions and Resins; the Silicon Products segment is a producer of various grades of metallurgical silicon, ferrosilicon, foundry alloys and microsilica for use in a wide range of end applications; while the Carbon Solutions segment is a producer of carbon electrode materials, lining materials as well as specialty carbon products for metallurgical processes for the production of a range of metals. The Company has numerous subsidiaries, including Elkem Iberia SLU, Elkem Korea Co Ltd and Elkem Silicones Germany GmbH.

Identifier

ISIN

NO0010816093

Primary Ticker

ELK

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